Tag: Price

Avalanche Price Holds Key Support, But Analyst Casts Warning

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After a strong price performance over the past month, driven by growing interest in the Avalanche ecosystem, AVAX now faces a key resistance area that could delay its long-awaited rally. Related Reading Institutional Momentum Fuels Avalanche Price On Wednesday, Avalanche continued its recovery from the start-of-week pullback and is currently retesting the $34 area as support. The cryptocurrency recently fell to the $29 level, but quickly bounced toward a seven-month high of $36.1 on Tuesday, fueled by institutional interest in the ecosystem. AgriFORCE Growing Systems recently announced its rebrand to…

Bitcoin HODLers Booked $120 Million In Profits During Price Crash: Data

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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…

XRP Price Recovery Stalls – Traders Watching If Bulls Can Overcome Resistance

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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…

Bitcoin Price Struggles Again – Will Bears Push Price Into Deeper Decline Soon?

Bitcoin price extended losses after it traded below $113,800. BTC is now consolidating losses and might decline again to test the $110,500 support zone. Bitcoin started a fresh decline below the $113,500 zone. The price is trading below $113,500 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $114,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $114,000 zone. Bitcoin Price Stuck Below Resistance Bitcoin price failed to…

Analyst Highlights 2 Scenarios That Sends XRP Price To $9.6 And $33

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A fresh technical analysis by market expert Egrag Crypto highlights two major scenarios that could shape the next potential XRP price rally. Drawing on historical price patterns and critical support levels, the analyst suggests that XRP could be on track for either a slightly conservative surge toward $9.6 or an explosive rally to $33.  XRP Price Retest Signals Path Toward $9.6 In his post released on X social media, Egrag Crypto highlights XRP’s market behavior during the 2021 cycle, particularly the cryptocurrency’s interaction with the 21 Exponential Moving Average (EMA)…

Why Shiba Inu Price Could Explode 100% With This Descending Pattern On The 2D Chart

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Shiba Inu has spent the past several days trading in a downward path after a failed breakout attempt above $0.000015 earlier this month. Despite the cautious sentiment among investors, Shiba Inu’s chart structure on the 2-day candlestick timeframe is pointing to an interesting structure.  Related Reading A technical analysis by crypto analyst Jonathan Carter highlights a descending triangle formation that could set the stage for a strong bullish move. The setup suggests that if support holds, SHIB could be preparing for a sharp rally in the coming weeks. Shiba Inu’s…

Bitcoin Price Rebounds But Altcoins, BTC Need $117K First

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Key points: Bitcoin made a strong comeback on Wednesday, but the buyers are expected to face heavy selling near $117,500. Several major altcoins are likely to face selling on rallies, but BNB and AVAX may resume their uptrend. Bitcoin (BTC) rose above $113,900 on Wednesday, indicating that the bulls continue to buy on dips. Strategy Executive Chairman Michael Saylor said on CNBC that consistent buying by large BTC exchange-traded funds on behalf of institutional investors and increased corporate adoption of BTC could resume the BTC rally toward the end of…

XRP Price May Rally Toward $10, Say Experts

Key Notes CrediBULL Crypto highlighted bullish signals in XRP/BTC with a 40% upside target. Another market expert, EGRAG Crypto, pointed to historical patterns around the 21-day EMA, suggesting XRP price could rise significantly. The arrival of the spot XRP ETF next month could serve as a major catalyst for the rally. Despite its recent fall under $3.0, Ripple’s native cryptocurrency XRP XRP $2.88 24h volatility: 0.8% Market cap: $172.21 B Vol. 24h: $5.01 B continues to be on investors’ radar. Top market analyst Dark Defender predicts that XRP’s price correction…