Shiba Inu (SHIB) is witnessing a significant shift on centralized exchanges, as fresh on-chain data reveals that the meme coin’s reserves have plunged below the $1 billion mark following a massive withdrawal spree. While this decline may seem concerning at first glance, historical trends suggest that such large-scale withdrawals often indicate a shift from selling to accumulation in the long term. Shiba Inu Exchange Reserves Plunge To New Lows According to data from CryptoQuant, Shiba Inu’s exchange reserves have experienced a steep drop in recent months. As of September 28,…
Tag: Price
How will NFP data, tariffs, and government shutdown hit the Bitcoin price?
Bitcoin price rose for the second consecutive day on Monday, Sept. 29, as traders waited for key details on the U.S. government shutdown, Donald Trump’s tariffs, and the closely watched nonfarm payrolls data. Summary Bitcoin price has formed a double-bottom chart pattern on the daily chart. The US government could go through a shutdown on Monday this week The next important catalyst will be the upcoming US non-farm payrolls data on Friday. Bitcoin (BTC) jumped to a high of $114,000, much higher than last week’s low of $108,450. It has…
Solana Whales Sell $31.5M as ETF Buzz Lifts Price
Key Notes SOL price bounced from the support of $193.5 and eyes a rally past $230 resistance. Anticipation builds ahead of October, as analysts expect the SEC to approve Solana ETF filings. SOL corporate treasury holdings are also rising and have already exceeded 20.9 million SOL. Solana SOL $208.7 24h volatility: 4.1% Market cap: $113.43 B Vol. 24h: $5.72 B price has bounced back from under $200 earlier today, amid the broader crypto market rally. SOL is currently trading 3.76% up at $208. However, Solana whales see this upside as…
XRP Price May Not See An Explosive Rally In October As Expected, Here’s Why
The phrase “Uptober” has gained popularity in the crypto market, as October has historically delivered gains in the past. For the XRP price, however, the picture looks very different. A closer look at its history shows a mix of big wins and painful losses, making October far less predictable. Removing the extreme years shows that the data points to flat or negative results, which means investors counting on an explosive rally may end up disappointed. Although the last quarter of the year has brought substantial gains in some cases, the…
Bitcoin Price Watch: Bulls Bite Back as BTC Holds $112K Range
Bitcoin trades today at around $112,256, pushing its market capitalization to $2.23 trillion. Trading volume for the past 24 hours clocked in at $44.38 billion, with an intraday price rollercoaster ranging from $109,257 to $112,327—tight, but punchy enough to keep traders’ heart rates elevated. Bitcoin Looking at the daily chart, bitcoin seems to have thrown […] Original
Will Bitcoin Follow Gold? BTC Price Can Reach This Bull Cycle: Analysts
Key takeaways: Bitcoin’s bull market still has room to run with a target range of $150,000-$300,000, analysts say. BTC must decisively push above the $112,000-$114,000 zone to ignite a possible rally to $140,000. Bitcoin’s (BTC) sudden drop to $108,000 last week made it a 13% drawdown from its $124,500 all-time high, sparking fears that the BTC price might have peaked. Despite this drawdown, some analysts argued that Bitcoin’s bull market had not even started, citing its performance relative to gold. Bitcoin bull market to resume in October As Cointelegraph continues…
XRP Price Is About To Close A 3M Candle Above This Major Region, Here’s What It Means For Price
Crypto analyst Bobby has revealed that the XRP price is about to close a 3-minute candle above a major region. He indicated that this was very bullish for the altcoin, providing insights into how high it could rally. XRP Price Set To Close Fourth 3M Candle Above In an X post, Bobby revealed that the XRP price is about to close its fourth 3-minute candle above the highest 3-minute candlestick close of its prior bull cycle. He added that the altcoin is also on track to close a 3-minute candle…
XRP Support Holds as ETFs Await SEC’s Decision, Price to $3.15?
Key Notes XRP price is holding a key support near $2.70, gaining 3% on September 29. Multiple XRP ETF proposals face crucial SEC decision deadlines throughout October. Analysts see potential for a rally toward $3.15 if bullish momentum strengthens. XRP XRP $2.87 24h volatility: 3.2% Market cap: $171.77 B Vol. 24h: $3.86 B is showing impressive resilience against sellers, trading near the $2.86 mark with a 3% daily gain on Sept. 29. Market watcher Ali Martinez noted that the cryptocurrency has tested the $2.70 support level five times since August…
Bitcoin price faces pullback risk as CME futures gap opens
CME gap keeps Bitcoin’s bounce fragile even as on-chain metrics show holder conviction. Summary CME Bitcoin futures opened a gap that could trigger a quick Bitcoin price pullback if it closes. On-chain MVRV and long-term holder behavior point to limited selling pressure. Key levels to watch include support around $109k–$111k and resistance close to $115k–$118k level. Bitcoin is trading at $111,804 at press time, up 2.2% in the last 24 hours. The 7-day range sits between $108,964 and $113,874. BTC is roughly 9.9% below its $124,128 all-time high from August…
Dogecoin Price Skirts Potential Demand Zone, What Happens If It Hits Right?
After rallying above $0.3 at the start of September, the Dogecoin price has faced significant resistance since then, leading to an over 28% decrease in price. By Sunday, though, the Dogecoin price had begun to rebound, suggesting that there would be a rise in momentum, especially among buyers. This now puts the meme coin at a significant level, as there is the potential of the price bouncing off the current demand zone, but with bears still making a bid, the tug-of-war continues. What A Bounce From The Demand Zone Means…