Bitcoin Technical Analysis: Bulls Eye $110K After All-Time High Breakout 

Bitcoin’s price, now hovering between $105,025 to $105,269, showcases a lively market with a 24-hour trade volume hitting $82 billion and a market cap soaring to $2.08 trillion. Bitcoin On the 1-hour chart, bitcoin‘s recent leap past $105,000 highlights a powerful bullish breakout, touching a record peak at $106,533. Short-term support is pegged around $104,000, […] Original

Bitcoin Technical Analysis: Is $103,000 the Final Hurdle Before a Massive Rally?

Bitcoin’s price is holding steady at $101,056 per coin, signaling a phase of stabilization as traders analyze conflicting indicators from oscillators and moving averages across various timeframes. Bitcoin On the 1-hour chart, bitcoin is in a consolidation pattern with a mild upward trend after tumbling from $102,582 to $99,250. The $99,000-$99,500 range has shown dependable […] Original

XRP Technical Analysis: Price Maintains Balance in Consolidation, Eyeing Critical Breakouts

As of Dec. 12, 2024, the XRP/USD market reflects a steady consolidation phase across several timeframes, with bulls and bears locked in a tug-of-war at pivotal levels. XRP On Thursday, XRP’s daily chart paints a picture of an earlier uptrend tempered by recent consolidation. Prices climbed from $0.54 to a high near $2.91, encountering a […] Source CryptoX Portal

Bitcoin Technical Analysis: Consolidation Phase Precedes Next Big Move

Bitcoin is currently trading at $98,403, showcasing a dynamic interplay of market forces across short-term, medium-term, and long-term charts. Bitcoin Bitcoin‘s 1-hour chart reflects recent price fluctuations, with bitcoin peaking at $101,407 before succumbing to bearish pressure, reaching a low of $97,931. Lower highs suggest a short-term downtrend, while volume spikes align with sell-offs, reinforcing […] Original

Technical Analysis Puts XRP Price Above $5 In Next 3 Days

Este artículo también está disponible en español. The XRP price is consolidating after a crazy 460% surge within four weeks that saw it breaking above $2.8 on December 3 for the first time since 2018. This consolidation saw the XRP price dropping to $2.22 on December 5 as many investors took some profits after the rally.  Related Reading Interestingly, on-chain data shows that XRP whales have taken advantage of this dip to stock up their holdings to essentially prevent further price declines. With this in mind, technical analysis of the…