Tag: Price

Ethereum Price Builds Momentum, But Follow-Through Is the Real Test

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Ethereum price failed to clear the $3,200 resistance and dipped. ETH is now attempting to recover and faces an uphill task near the $3,180 level. Ethereum started a downside correction below $3,200 and $3,180. The price is trading above $3,100 and the 100-hourly Simple Moving Average. There was a break above a contracting triangle with resistance at $3,125 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it stays above the $3,080 zone. Ethereum Price Attempts Fresh Recovery Ethereum price failed…

Bitcoin Price Recovery Bid Emerges, Resistance Still Looms Large

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Bitcoin price started a downside extension below $92,000. BTC is now recovering from $89,220 and might face barriers for a fresh increase near $92,000. Bitcoin started a recovery wave above $90,000 and $90,500. The price is trading above $91,000 and the 100 hourly Simple moving average. There was a break above a bearish trend line with resistance at $90,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it stays above the $90,000 zone. Bitcoin Price Attempts Recovery Bitcoin…

Bitcoin Price Remains Below 50-Week Moving Average — What This Means

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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…

XMR Price Reaches $500 for the First Time Since 2021 After Zcash Falls

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Key takeaways: Monero (XMR) surged past the $500 mark for the first time since its peak in May 2021. The privacy-focused cryptocurrency briefly touched $500.66 after rising more than 6% on Sunday and 20% over the past week. That brought it closer to its record high of around $517.50, established in April 2021. XMR/USD daily chart. Source: TradingView Zcash fiasco stirs XMR price rally Monero’s ascent contrasted sharply with the turmoil engulfing its privacy coin rival, Zcash (ZEC). On Wednesday, the Electric Coin Company (ECC) team behind Zcash resigned en…

Bitcoin price forms a bullish pattern ahead of US CPI data, SCOTUS ruling, CLARITY markup

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Bitcoin price held steady above the key support level at $90,000 as traders waited for the upcoming US inflation report, SCOTUS ruling on Donald Trump’s tariffs, and the CLARITY Act. Summary Bitcoin price remained in a tight range on Sunday. The United States will release the latest US inflation report on Tuesday. The Senate will have a markup of the CLARITY Bill this week. Bitcoin (BTC) was trading at $90,590 on Sunday, a few points below the year-to-date high of $94,470. It remains much higher than the November low of…

XRP Prints Gravestone Doji On Weekly Timeframe — What This Means For Price

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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…

Analyst Outlines The Bull Case For XRP And Why Price Will Hit All-Time High Soon

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XRP is now back to trading just above the $2 level after an early January rally briefly carried its price action into the $2.40 range. The pullback has so far been controlled, with price holding above former resistance that has now turned into short-term support. A technical analysis shared on X by crypto analyst Bird proposed that conditions are now right for a familiar macro setup that has preceded XRP’s largest historical rallies. The focus of this outlook is on XRP’s reaction with the US dollar index and what its…

Analyst Sets $105K As Next Bitcoin Price Target — Here’s The Timeline

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After a fairly optimistic start to the new year, the Bitcoin price might finally be ready to take off, as revealed by a market analyst. The pundit believes that the flagship cryptocurrency can reclaim its six-figure valuation over the next few weeks, particularly as a key technical indicator has turned bullish. Why BTC Price Could Be Headed For $105,000 In Three Weeks In a January 9 post on the social media platform X, pseudonymous crypto pundit Bitbull shared a positive outlook for the Bitcoin price in the coming weeks. According…

Bitcoin Price Hits Crash Line, But This Time Is Not Random

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According to a new technical analysis, the Bitcoin price has returned to its “Crash Line,” fueling talk of a possible bullish turnaround. The expert behind this analysis has suggested that this is not a random event, but a deliberate move that could signal the beginning of Bitcoin’s next upward move.  Bitcoin Price Revisits Familiar Crash Line In a recent post on X, market analyst Crypto Tice announced that Bitcoin has just hit the Crash Line, a level that has repeatedly acted as a critical reload point during the current bull…