Tag: Price

XRP Price Enters Consolidation Before Next Major Breakout Move

boss

XRP’s price action in the past few days has been characterized by consolidation below the $3 price level. This level, which had acted as support for most of August, was broken to the downside on August 28, and XRP is now trading at the $2.8 price zone.  Technical analysis shows that the current sideways action should not be mistaken for weakness, as XRP is now on track to embark on a rebound move to the upside. Related Reading XRP Trading In Consolidation Phase XRP’s recent price dip comes after the…

Will Bitcoin Price Drop Again in September?

boss

Key takeaways: Bitcoin (BTC) is set to close August in the red, its first down-month since April, stoking fears that the downturn could deepen as September begins. BTC/USD monthly price chart. Source: TradingView September is usually a bad month for Bitcoin Bitcoin has a well-established tendency to slide in September. Since 2013, Bitcoin has closed in the red for eight of the past twelve months, with average returns slipping about −3.80%. Bitcoin monthly returns. Source: CoinGlass Market veterans call it the “September Effect,” a month when traders tend to lock…

Solana Price Holds Stronger Than Bitcoin Sets Stage For Breakout To $240

boss

Solana’s price action has shown some sort of resilience in the past few days while much of the cryptocurrency market turned red. After surging past $210 to reach as high as $218 on August 29, SOL briefly dipped below $200 but quickly stabilized, outperforming major large-cap assets such as Bitcoin, which has been locked in a decline since August 14.  This has put Solana in an interesting position, and technical analysis shows its correction phase is constructive and could prepare the token for another breakout. Related Reading Analyst Says Correction…

Bitcoin Price Skepticism Will Remain Into The Millions: Analyst

boss

Skepticism over Bitcoin’s ability to rise further has followed the asset for years, and will likely continue even if the price reaches into the millions, according to a Bitcoin adviser.  “I think it’s going to be that way for a very long time,” The Bitcoin Adviser’s Luke Broyles told Natalie Brunell on the Coin Stories podcast on Friday. “I think Bitcoin will be at $5 million, $10 million or more, and people will still be saying, Yeah, well it’s 8% of world assets now. It can’t go any higher, right?”…

Solana Investors Cash Out Nearly $1-B As SOL Tests Key Price Level

boss

Solana is at a pivotal moment as the broader crypto market cools, with most altcoins in decline and Ethereum consolidating around key demand levels. While SOL has shown relative strength by holding firm near the $210–$220 range, it continues to struggle with the momentum needed to break higher. The $220 level has emerged as a significant ceiling, with repeated attempts to push through meeting resistance. Related Reading Fresh metrics highlight the underlying challenge: investors are cashing out as Solana climbs above $210, creating a strong supply barrier that limits upside…

Cardano Price To Rise 300% To $4? Analyst Reveals When

boss

The Cardano price action is back on analysts’ radar, with new bold predictions pointing to a potential rally of more than 300% to a $4 all-time high. Despite struggling to keep pace with other altcoins during this bull cycle, ADA is now sparking renewed discussions across the crypto community as experts weigh in on this latest price forecast.  Cardano Price Set To Hit $4 By Year’s End Mintern, Chief Meme Officer (CMO) at Minswap DEX, recently took to X to share a bullish outlook, predicting that Cardano could climb nearly…

Litecoin Price Forecast: LTC Sell Pressure Wanes Golden Cross Support Halts $100 Reversal

Key Notes Litecoin price held steady at $110 on August 30 despite weekly losses nearing 10%. Derivatives data shows waning short-selling pressure as LTC futures trading volumes fell 33.8% to $596 million, with open interest flattening at $917 million. Golden cross support at $109 suggests a potential base for recovery if current liquidation trends continue through weekend trading. Litecoin price finds steady support at $110 on Saturday, August 30, with bulls battling to contain weekly losses just below 10%. Sustained profit-taking as the LTC price approached $120, and Bitcoin’s sharp…

Cardano Price Analysis: Will Grayscale’s Latest ETF Filing Drive ADA to $1?

Key Notes Cardano price declined 10% this week, stabilizing near $0.82 on Saturday, August 30. Grayscale filed S-1 ETF applications for Cardano and Polkadot, expanding its single-asset crypto product lineup. ADA trades under pressure near support despite ETF headlines, with technicals suggesting a possible recovery toward $0.90. Cardano’s 10% weekly timeframe price decline stabilized near $0.82 on Saturday after Grayscale filed registration statements with the SEC for new ADA and Polkado (DOT) exchange-traded funds. The proposed ADA ETF will trade on NYSE Arca under the ticker GADA, tracking  CoinDesk’s Cardano…

Shiba Inu Burn Rate Rockets 157,726% Amid Growing Price Selloff

Key Notes Shibburn shows that the SHIB burn rate increased by 157,726%. This led to the burning of 2,481,036 SHIB in 24 hours, and now the total supply of the memecoin is 589,247,732,073,096 tokens. Shiba Inu price has increased to $0.00001238, following a 1.5% increase over the last 24 hours. Canine-themed memecoin Shiba Inu has seen its burn rate spike by 157,726%, leading to the incineration of 2,481,036 SHIB in 24 hours. In light of this increase, the price of the crypto asset has recorded a mild rally. This is…

Analyst Says XRP Price Is Yet To Hit Its First Bearish Target, It’s Much Lower

boss

XRP has been facing a stretch of weakness in recent days, struggling to hold above the $3.00 mark and instead pushing downwards below it. Price action on the 4-hour chart shows the token moving within a downward structure, and it broke below $2.9 in the past 24 hours. It is within this context that crypto analyst DustyBC Crypto shared a bearish outlook, pointing out that XRP has not yet reached its first downside target and warning that more decline could still unfold before it enters any new uptrend. Related Reading…