Tag: Price

Cardano Price Prediction: Blood in the Streets as ADA Slides – But This One Signal Could Flip the Trend

The token currently trades near $0.53 after touching a low of $0.48, while the broader crypto market has also crashed. Trading volume, on the other hand, surged by 13% to $1.8 billion, a sign that volatility is drawing traders back into the market. With total market capitalization falling to $3.39 trillion and $1.73 billion in liquidations over the past day, according to CoinGlass, the start of this November has been hard on crypto enthusiasts. However, even as the bloodbath unfolded, the Cardano Foundation marked founder Charles Hoskinson’s birthday, a reminder…

Analyst Predicts XRP Price Will Decouple From Bitcoin, Here’s What Would Happen

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Crypto analyst Arthur has predicted that the XRP price is preparing to decouple from Bitcoin (BTC). For years, XRP’s price movements have mirrored those of BTC, but according to Arthur, the market is evolving in ways that could soon set XRP apart. The emergence of Ripple’s new institutional brokerage platform and recent acquisitions, alongside the growing strength of its associated stablecoin, are key drivers that the analyst believes could drive this separation. XRP Price Set To Break Away From Bitcoin Arthur’s recent thread shared on X social media paints a…

Bitcoin price under pressure as long-term holders dump $45 billion

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Bitcoin’s latest drop appears to be driven less by leverage and more by conviction fading among its oldest holders. Summary Bitcoin price has fallen nearly 20% from last month’s peak above $126,000, trading around $102,000 at press time. Long-term holders have sold roughly 400,000 BTC, worth about $45 billion, over the past month, signaling waning conviction. Analysts say the crypto giant could drift lower or consolidate, with $85,000 as a potential downside level if selling pressure continues. Bitcoin price has been under pressure over the past month, trending lower as…

Altcoins Struggle as BTC Price Tests Key $100K Support

The crypto market is weary after relentless waves of sell pressure on Tuesday. Several assets have now settled as they begin to establish levels of support, although if the U.S. dollar continues to show strength it could signal a period of prolonged downside. Bitcoin BTC$102,019.12 rose about 1% since midnight UTC after two days of declines that saw it drop to the lowest price since June at one point. Ether ETH$3,338.16, which slid as much as than 20% over the 48 hours — the steepest drop in three months —…

Valuation Model That Puts XRP Price Above $18,000 Stuns Community

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Crypto pundit Jack has drawn attention to a valuation model that puts the XRP price at $18,000. This is based on the discounted cash flow model, which focuses on the XRP Ledger’s utility and XRP’s role as the native token.  Valuation Model That Puts The XRP Price At $18,000 In an X post, Jack revealed that the discounted cash flow model puts the XRP price’s fair value at $18,036. He noted that the world is racing into tokenization and that the momentum is unstoppable. Based on this, he predicts that…

Pundit Highlights Major Move For XRP And RLUSD, Will Price Follow?

A well-known crypto voice on X is drawing attention to what he calls a “big move for XRP & RLUSD.” He points to Bitnomial, a regulated U.S. derivatives exchange, which recently extended its margin program to include stablecoins and digital assets. Xaif believes this could introduce a new phase of utility for XRP and RLUSD as real-world assets, raising the question: if their use is growing, will their prices also start to rise? Xaif Crypto Spotlights Big Move For XRP And RLUSD In a post shared with his followers, the…

Ethereum Price Needs To Reclaim This Key Level To Prevent Drop To $1,700

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On Tuesday, the Ethereum price fell by 8%, following the overall correction in the cryptocurrency market and even outperforming Bitcoin’s (BTC) dip. This has sparked concerns as ETH nears important support levels, putting its $3,000 mark at danger. October Events Lead To Significant Corrections Ram Ahluwalia, the chief investment officer at Lumida Wealth, recently noted that the roots of this latest crypto sell-off can be traced back to the Federal Reserve’s (Fed) October meeting.  Related Reading On October 29, the central bank announced its second interest-rate cut of the year.…