Bitcoin Price Reclaims 100 SMA But Bulls Still Face Uphill Task

Bitcoin price is attempting a recovery wave above the $66,500 resistance. BTC must clear the $70,000 resistance to continue higher in the near term. Bitcoin is facing many hurdles near the $69,500 and $70,000 levels. The price is trading above $67,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $66,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $67,000 support zone. Bitcoin Price…

Bitcoin Price Consolidates Losses But Recovery Could Face Hurdles

Bitcoin price extended its decline below the $65,000 support zone. BTC is now consolidating losses and might attempt a recovery wave toward $67,000. Bitcoin price declined further below the $65,500 and $65,000 levels. The price is trading below $67,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance near $67,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could recover but the bears might remain active near $67,000. Bitcoin Price Drops Further Bitcoin price turned red…

Bitcoin Price Dumped To $66K As Bears Gain Strength, $64K Next?

Bitcoin price started another decline from the $70,000 resistance zone. BTC is down over 5% and there was a move below the $67,500 support. Bitcoin price is gaining bearish momentum from the $70,000 resistance zone. The price is trading below $68,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance near $68,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend its decline toward the $64,000 support zone in the near term. Bitcoin Price Turns…

Crypto Analyst Reveals Next Target

The XRP price has largely left many of its enthusiasts feeling dissatisfied during this bull cycle, as it has failed to reach the $1 mark despite the bullish sentiment surrounding cryptocurrencies. However, crypto analyst EGRAG CRYPTO believes a $1 XRP price is still possible in this cycle, as he predicted a price surge in the near term. From this analyst’s technical perspective, recent price action has seen XRP forming a “W” pattern, making it ready for a massive push above $1. XRP Price Pattern Signals A Potential Massive Move XRP’s…

Ethereum Price May Have Another Chance For A Bullish Streak: Here’s How

Ethereum price is showing positive signs above the $3,550 zone. ETH must clear the $3,680 resistance to continue higher in the near term. Ethereum started another increase above the $3,550 resistance zone. The price is trading above $3,550 and the 100-hourly Simple Moving Average. There is a major bullish trend line forming with support at $3,590 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it settles above the $3,680 resistance zone. Ethereum Price Remains In Uptrend Ethereum price started another increase…

Ethereum Price Could Regain Strength If It Clears This Key Hurdle

Ethereum price is attempting a fresh increase wave above the $3,400 zone. ETH must clear the $3,580 resistance to continue higher in the near term. Ethereum is holding gains above the $3,250 support zone. The price is trading above $3,400 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $3,400 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it settles above the $3,500 resistance zone. Ethereum Price Eyes Fresh Increase Ethereum…

Top Analyst’s Bold Prediction: XRP Set To Skyrocket 1,500%

XRP, the native token of Ripple, is stirring up excitement in the crypto market with analysts predicting a potential short-term price explosion. However, the extent and timing of this surge remain a point of contention. In a recent analysis of the cryptocurrency market, several market analysts have expressed optimism about the short-term prospects of XRP, the digital asset associated with Ripple. These analysts believe that XRP could experience a substantial increase in price, potentially reaching new heights before the peak of the current market cycle. XRP Bold Predictions: Fact Or…

XRP Set For Rapid Rally, Target At $5 In The Short Term

XRP continues to maintain its spot as one of the leading cryptocurrency assets in the crypto market today after witnessing a notable rally starting the day at the $0.64 price mark, putting it in the limelight. Although the price of XRP is still lagging behind its all-time high level of $3.30, some analysis indicates that it may soon start to rise toward its peak. Following the recent rise, several analysts anticipate XRP will rally even further and reach unprecedented heights in the upcoming months. Short-Term Price Target Set At $5…

Halving Sparks XRP Frenzy: Analyst Predicts 100% Surge

XRP has experienced a notable price increase, reaching a brief high of $0.62 before settling at its current level of $0.61, as reported by CoinGecko. This surge comes amidst growing speculations surrounding the upcoming Bitcoin halving event and its potential impact on the cryptocurrency market. Potential Growth For XRP Post-Bitcoin Halving Market analysts have been closely monitoring the price movements of XRP, despite the looming uncertainties posed by the ongoing Ripple lawsuit against the United States Securities and Exchange Commission (SEC). These analysts predict sustained growth for XRP against Bitcoin,…

Bulls Aim For Fresh Surge To $0.70

XRP price found support at $0.5680 and started a fresh increase. The bulls are now aiming for a move toward the $0.700 resistance. XRP found support near $0.5680 and started a recovery wave above $0.60. The price is now trading above $0.620 and the 100 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $0.610 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh rally if there is a close above the…