Category: Analysis

3-Wave Correction Sets XRP Price On Bearish Course

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XRP’s price action in recent days has taken a softer turn, with the token now trading below $2 after failing to hold recent recovery attempts. That move has changed the near-term momentum back in favor of sellers, especially as price action is printing closes beneath short-term dynamic support on the higher timeframes.  A technical analysis shared by CoinsKid on X looks at a broader corrective structure developing on the 5-day chart, one that could place XRP on a more pronounced bearish path if important price levels are not reclaimed. 3-Wave…

XRP Price Could Surge Another 30% If This Trend Is Confirmed

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Crypto analyst ChartNerd has raised the possibility of the XRP price recording another 30% surge from its current level. This comes even as the altcoin risks erasing its year-to-date (YTD) gains due to the recent crypto market crash.  How The XRP Price Could Rally To $2.70 In an X post, ChartNerd stated that a potential XRP price rally to $2.70 is a possibility in the near term if the altcoin can hold the Fib support targets and mark a higher low. He highlighted three Fib support levels, including the 0.5…

Dogecoin (DOGE) Red Prints Return, Resistance Could Cap Any Recovery

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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…

XRP Price Stabilizes After Flash Crash, Market Watches Closely

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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 Price Falls Back to $3,200, Recovery Faces Its First Real Test

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Ethereum price started a fresh decline from the $3,400 resistance. ETH is now consolidating losses and holding the key support at $3,200. Ethereum started a sharp downside correction below $3,320. The price is trading below $3,250 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $3,220 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $3,180 zone. Ethereum Price Dips To Support Ethereum price failed to remain stable…

Bitcoin Price Sharp Pullback Raises One Question: Will $92K Hold?

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Bitcoin price started a fresh decline below $95,000. BTC is consolidating losses and remains at risk of more losses if it dips below $92,000. Bitcoin started a sharp decline below $95,000 and $94,000. The price is trading below $93,500 and the 100 hourly Simple moving average. There was a break below a declining channel with support at $93,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it stays below the $954000 zone. Bitcoin Price Dips Sharply Bitcoin price…

XRP Funding Rates Point To Possible Price Breakout

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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

PEPE Price Could Soar 3,000% If The Bottom Is In; Analyst Explains

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As meme coins posted sharp rebounds earlier this year, PEPE also rallied, delivering notable gains. Although the meme coin has since slipped back into negative territory, a crypto analyst believes another bullish reversal may be approaching soon. According to the analyst, a key technical pattern has recently emerged on the chart, suggesting that PEPE has formed a bottom and could be on its way to a massive 3,000% price rally.  PEPE Price Prepares For Massive 3,000% Rally In a post shared on X this Thursday, market analyst CryptoLinx outlined a…

Solana (SOL) Slips Back to Support, Setting Up a High-Tension Test

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Solana failed to stay above $146 and corrected gains. SOL price is now trading below $145 and might find bids near the $140 zone. SOL price started a downside correction below $145 against the US Dollar. The price is now trading below $145 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $141 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $140 zone. Solana Price Starts Downside Correction Solana…

XRP Price Loses Most Gains, Next Support Now in the Crosshairs

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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…