Category: Reviews

Steadying Before the Next Move?

Ethereum price started a consolidation phase above the $3,650 support. ETH seems to be preparing for the next move up toward $4,000 in the near term. Ethereum started a consolidation after it tested the $3,840 resistance zone. The price is trading above $3,700 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with support at $3,690 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up unless there is a break below the $3,450 support. Ethereum Price Holds Support…

Will Bulls Ignite a Fresh Increase?

Bitcoin price started a downside correction below the $70,000 level. BTC is now testing the $68,800 support and might attempt a fresh increase. Bitcoin extended its decline below the $70,000 support zone. The price is trading above $68,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $70,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase unless there is a close below $68,800. Bitcoin Price Revisits Support Bitcoin price started a…

Analyst Predicts 3,600% Jump To $20

A crypto analyst has predicted the next price target for the XRP price, noting that the altcoin was nearing a key point that could potentially trigger a major bull rally for the cryptocurrency.  XRP Price Roadmap to $20 In an X (formerly Twitter) post on May 20, Crypto analyst, Javon Marks forecasted a strong bullish breakout for the XRP price in this market cycle. Marks explained that XRP was steadily approaching a critical converging point, with an emerging Relative Strength Index (RSI) pattern indicating strong underlying momentum for the cryptocurrency.  …

UNI Price Soars 20% As Uniswap Labs Pushes Back Against SEC’s Wells Notice

Uniswap Labs, the creator of one of the largest decentralized trading platforms, is challenging a potential enforcement action by the US Securities and Exchange Commission (SEC), arguing that crypto tokens should not be classified as securities.  The New York-based firm recently refuted the allegation that it operated as an unregistered exchange and broker-dealer. This response follows the SEC’s issuance of a Wells Notice to Uniswap Labs, signaling its intent to recommend legal action against the company.  Uniswap Labs Challenges SEC’s Claims In a 40-page filing submitted to the SEC, Uniswap…

Far from Over, More Gains Ahead!

Ethereum price extended its increase and tested $3,840. ETH is holding gains and seems to be eyeing a move toward the $4,000 level. Ethereum started a fresh increase and traded above the $3,750 resistance zone. The price is trading above $3,700 and the 100-hourly Simple Moving Average. There is a short-term bullish trend line forming with support at $3,710 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up unless there is a break below the $3,380 support. Ethereum Price Eyes Additional Gains…

Bitcoin Dips but Holds Strong: Bullish Momentum Intact

Bitcoin price started a downside correction from the $72,000 zone. BTC is now consolidating near $70,000 and might eye another increase in the near term. Bitcoin struggled above the $71,800 resistance zone. The price is trading above $69,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $69,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase unless there is a move below $68,800. Bitcoin Price Corrects Gains Bitcoin price gained pace…

XRP Price Rises Within Range: Poised for a Breakout?

XRP price avoided a major downside break as ETH’s surges. The price is back above $0.5220 and eyeing a key upside break in the near term. XRP started a decent increase above the $0.5150 resistance zone. The price is now trading above $0.5250 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $0.520 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could correct gains, but the bulls might remain active near the $0.5180 zone.…

Ethereum Soars 20%: ETH Hype Escalates on ETF Rumors

Ethereum price rallied over 20% amid rise in hopes of ETH ETF. ETH broke many hurdles and even broke the $3,500 resistance zone. Ethereum started a fresh surge and cleared the $3,500 resistance zone. The price is trading above $3,600 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with support at $3,640 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up unless there is a close below the $3,400 support. Ethereum Price Starts Fresh Uptrend Ethereum price…

Bitcoin Price Soars Back: Reclaims the Coveted $70K Milestone

Bitcoin price gained over 8% and surged above $70,000. BTC is now consolidating gains and showing signs of more upsides in the near term. Bitcoin started a fresh increase above the $70,000 resistance zone. The price is trading above $79,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $70,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase unless the bears push it below $68,800. Bitcoin Price Pumps 8% Bitcoin price…

BNB Coin Price Hits Critical Support Level: Is a Rebound on the Horizon?

BNB price started a downside correction from the $585 zone. The price must stay above $570 to start a fresh increase in the near term. BNB price started a fresh decline after it failed to clear the $585 resistance zone. The price is now trading below $580 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $570 on the hourly chart of the BNB/USD pair (data source from Binance). The pair could start a fresh increase if it stays above…