Category: Analysis

XRP Price Prediction: Stable Action Hints At Brewing Bullish Breakout

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XRP price started a fresh increase above $2.550. The price is now facing hurdles above $2.650 and at risk of another decline in the near term. XRP price failed to continue higher above $2.70 and corrected some gains. The price is now trading below $2.60 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.65 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it stays above $2.5120. XRP Price Holds Support…

Lack Of Conviction Keeps ETH Trapped Below $4K

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Ethereum price started a downside correction below $4,120. ETH is moving lower below $4,000 and might decline further if it trades below $3,880. Ethereum started a downside correction below $4,050 and $4,000. The price is trading below $4,000 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $4,000 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below $3,880. Ethereum Price Dips Further Ethereum price failed to stay in a positive zone…

Bitcoin Extends Decline — Market Remains Under Pressure From Risk-Off Tone

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Bitcoin price is correcting gains below $112,500. BTC could continue to move down if it stays below the $112,000 resistance. Bitcoin started a downside correction below the $112,000 support. The price is trading below $112,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $111,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it trades below the $108,800 zone. Bitcoin Price Dips Further Bitcoin price failed to stay above the…

XRP At $1,000 Is Peanuts If Used To Clear US National Debt; Pundit Explains

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A crypto commentator is once again discussing how the United States may use XRP in a key plan. According to his post, XRP could one day reach very high prices and still be small compared to the US national debt. He suggests crypto could one day help solve the country’s money problems and tells people to hold four digital assets that he believes are important for the future. He says he has known about these ideas for a long time and is reminding the public again. Crypto Pundit Says XRP…

Why This Analyst Is More Bullish On XRP Over Ethereum For The Short-Term

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Technical analyst Charting Guy has shared a new perspective on the relationship between XRP and Ethereum, identifying a setup that he believes could lead to short-term XRP outperformance.  His analysis, which was posted on the social media platform X, focuses on the XRP/ETH weekly chart, where he highlighted the formation of a bullish divergence that has not appeared since mid-2024. The development, he says, signals a constructive shift in momentum that will favor XRP’s price action over Ethereum for the next three months. A Rare Weekly Bullish Divergence Favors XRP…

Solana (SOL) Weakens Again — Break Below $200 Opens Door For Further Decline

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Solana failed to stay above $200 and corrected gains. SOL price is now trading below $200 and might decline further if it dips below $192. SOL price started a downside correction below $200 against the US Dollar. The price is now trading below $198 and the 100-hourly simple moving average. There was a break below a bullish trend line with support at $198 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $192 zone. Solana Price Corrects…

XRP Price Softens — Momentum Weakness Could Limit Upside In Near Term

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Ethereum Turns Lower — Market Sentiment Softens As $4K Level Gives Way

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Ethereum price started a downside correction from $4,250. ETH is moving lower below $4,000 and might decline further if it trades below $3,920. Ethereum started a downside correction below $4,150 and $4,050. The price is trading below $4,050 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $4,100 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below $3,920. Ethereum Price Starts Downside Correction Ethereum price extended gains above the…

Will Wave 4 End With One More Shakeout Before Liftoff?

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My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…

Bitcoin Faces Rejection — Resistance Zone Caps Upside After Recent Increase

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Bitcoin price is correcting gains below $113,500. BTC could continue to move down if it stays below the $114,200 resistance. Bitcoin started a downside correction below the $114,200 support. The price is trading below $114,000 and the 100 hourly Simple moving average. There was a break below a bullish trend line with support at $114,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it trades below the $112,000 zone. Bitcoin Price Starts Pullback Bitcoin price extended gains above…