Solana Price (SOL) Consolidates: Time for a Fresh Comeback?

Solana declined and tested the $128 support zone. SOL price is consolidating losses and might aim for a fresh increase above the $132 resistance. SOL price started a consolidation phase from the $128 zone against the US Dollar. The price is now trading below $135 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $132 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $132 resistance zone. Solana Price…

XRP Price Restarts Climb: Will Bulls Push It Past $0.60?

XRP price found support near the $0.5600 zone. The price is again rising and might aim for a break above the $0.60 resistance zone. XRP price remained supported near the $0.560 zone. The price is now trading above $0.5750 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $0.5750 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $0.590 and $0.600 resistance levels. XRP Price Regains Strength…

Ethereum Price Struggles to Recover: Short-Term Outlook Weak

Este artículo también está disponible en español. Ethereum price gained bearish momentum and traded below $2,350. ETH is consolidating losses and might struggle to recover above $2,350. Ethereum started another decline below $2,350 and $2,320. The price is trading below $2,310 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance at $2,360 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,360 resistance to start a recovery wave in the near term. Ethereum Price Starts Consolidation Ethereum…

Bitcoin Price at Risk of Further Downside: Will Bears Tighten Grip?

Este artículo también está disponible en español. Bitcoin price started another decline from the $60,650 resistance. BTC is now at risk of more downsides below the $57,500 support zone. Bitcoin is correcting gains and gaining bearish pace below the $59,000 level. The price is trading below $58,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $58,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could climb again if it stays above the $57,500 support…

Dogecoin At $0.1 Is A ‘Gift’, Falling Wedge Breaking Bullish To Send Price To $0.2

Este artículo también está disponible en español. Dogecoin (DOGE) is currently trading at $0.102, but the popular meme-based cryptocurrency appears to be positioning itself for a potential move to the upside. Over the past five months, Dogecoin has largely traded in a downtrend with the formation of lower highs and lower lows. This consistent downward pressure has led to the development of a classic price pattern known as a falling wedge. According to a technical analyst who has been closely tracking Dogecoin’s movements, the daily chart suggests that the falling…

Nervos Network (CKB) Price Prediction 2024, 2025 & 2026, CKB Whales Add Mpeppe To Crypto Bags

Este artículo también está disponible en español. Nervos Network (CKB) has caught the attention of the broader crypto community, with its price soaring by 55% in the last 24 hours. This bullish sentiment, driven by strong market fundamentals and increased interest from institutional investors, suggests that Nervos Network (CKB) could be poised for even more significant gains in the coming years. In this article, we will dive into Nervos Network (CKB)’s price prediction for 2024, 2025, and 2026, and explore why CKB whales are adding Mpeppe (MPEPE) to their portfolios.…

Ethereum price drops to a 41-month low against Bitcoin

Ethereum continued its freefall against Bitcoin, falling to its lowest level since April 2021. It has dropped by over 55% from its highest point in 2021. Ether’s sell-off is accelerating Ethereum (ETH) was trading at 0.039 BTC, down by 24% this year and by 35% from the year-to-date high. It has also dropped against other cryptocurrencies like Solana (SOL), Binance Coin (BNB), and Tron (TRX).  The same has occurred in US dollar terms, with the coin dropping for four consecutive months, now trading near $2,300 which is its lowest point since…

Bitcoin Price (BTC) Fell 2.5% While Ether Price (ETH) Dropped 4.9%

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Cryptocurrency Price Movements Today – CryptoCurrencyNews

Cryptocurrency markets experienced significant volatility today, with major digital assets such as Bitcoin and Ethereum demonstrating notable price fluctuations. Bitcoin, which has been a market leader, saw its value oscillate, reflecting broader market sentiments and investor behaviors. Ethereum, the second-largest cryptocurrency by market cap, also showed similar volatility. Analysts point out that these fluctuations are part of the cyclical nature of the cryptocurrency market, influenced by various macroeconomic factors including inflation rates and geopolitical events. Additionally, altcoins like Ripple and Litecoin followed suit, exhibiting comparable patterns of volatility. Market experts…

XRP Price Falls Below Support, Bearish Momentum Builds

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…