XRP’s (XRP) sentiment on social media has risen sharply over the last few days, but overhead resistance at $1.40 kept the price in consolidation. Key takeaways: XRP’s social media sentiment has risen 240% over the last 30 days to a two-year high. XRP price recovery may face resistance at $1.40, with a prolonged consolidation likely. . XRP sentiment jumps on integration with Rakuten Pay News of XRP’s integration with the Japanese payment platform, Rakuten Wallet, has sparked renewed optimism among investors. Related: XRP set for ‘strongest’ 2026 monthly ETF inflows…
Tag: Price
Bitcoin price climbs toward $80K on Iran news
Bitcoin price rose nearly 3% to $78,700 on May 1 as Iran submitted a new peace proposal through Pakistani mediators to the United States, easing oil pressure and improving risk sentiment across global markets for the second time in a week. Summary Bitcoin price climbed to $78,700 on May 1, recovering from a multi-week low near $74,900 posted just two days earlier when Trump received a military briefing on new Iran strike options. Iran submitted a revised peace proposal through Pakistani mediators on May 1, CNBC reported, with oil prices…
XRP Price Set To Rise As It’s Set To Capture A $180 Trillion Market; Analyst
The XRP price is trading around $1.37, but a new outlook from XRP commentator SMQKE is looking away from the short-term chart and back to the long-term utility case. The analyst’s view centers on the simple idea that XRP’s value will not be decided by speculation alone but by whether it becomes a fundamental liquidity asset for international payments. With this in mind, the outlook is that XRP is about to rise to a significantly high and stable value. XRP’s Rise Starts With Bank And Payment Provider Adoption XRP has…
Bitcoin Price Action Favors Bears But Profit Taking Overwhelms Each Rally
Bitcoin (BTC) traders pushed the price to $77,400, but data suggests profit-taking may thwart the bull’s goal of turning the $77,000 to $80,000 zone into support. Orderbook data from TRDR shows over $130 million in asks extending from $76,700 to $79,300. BTC/USDT Binance perps orderbook. Source. TRDR.io Given Bitcoin’s negative futures funding rate and the small negative long-short delta (-$1.47 million at the time of writing), bulls have a slight edge in the short-term. The situation could shift further in their favor if the BTC price pushes into short liquidity…
XRP Price Downtrend May Resume, Sellers Eye Control Again
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…
Ethereum Price Holds Losses Under $2,300, Recovery Momentum Still Weak
Ethereum price started a fresh decline and traded below $2,250. ETH is now consolidating above $2,220 and might struggle to recover. Ethereum started a downside correction below the $2,265 zone. The price is trading below $2,280 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with support at $2,255 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,220 zone. Ethereum Price Faces Resistance Ethereum price failed to remain stable above $2,300 and started…
Bitcoin Price Recovery Near Resistance, Breakout Or Rejection Next?
Bitcoin price started a recovery wave above the $76,500 zone. BTC is consolidating and might aim for more gains if it clears the $76,750 resistance zone. Bitcoin managed to form a base above $75,000 and started a recovery wave. The price is trading below $77,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $76,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might gain bullish momentum if it settles above the $77,000 zone. Bitcoin Price…
Bitcoin ETFs See $490M in Outflows as Price Fails to Reclaim $78,000 Level
Key takeaways: Spot Bitcoin ETFs saw $490 million in net outflows over three days, signaling a recent dip in institutional demand. Rising inflation is eroding real yields on fixed income, likely fueling long-term demand for scarce assets like BTC. Bitcoin (BTC) faced three consecutive days of outflows from US-listed spot exchange-traded funds (ETFs). The outflows coincided with a failed attempt to reclaim $78,000. Traders fear more downside, but heightened US inflation will likely act as a catalyst for further bullish momentum. US-listed Bitcoin spot ETFs daily net flows, USD. Source:…
These Data Points Suggest Ether Price Could Soon Rally to $3K
Ether (ETH) has rebounded more than 25% from its February low below $1,800, and a mix of technical and onchain signals suggests the recovery may still have more room to run in May. Key takeaways: Ether’s technicals favor the bulls with a $3,000 ETH price target. ETH is holding a support zone that has previously triggered 22%–27% price rebounds. Ether’s spot taker CVD remains positive, suggesting confidence among buyers. ETH price charts target $3,000 Ether’s technical setups on multiple time frames support the bull case for ETH price as April…
Bitcoin Price Is Likely to Remain Under $80K for Longer: Here’s Why
Bitcoin (BTC) rebounded 32% to a 10-week high of $79,500 on April 22 from its sub-60,000 multi-year low. But recent buyers took advantage of the rally to exit as the price has since corrected to $76,000 on Thursday, with $80,000 proving a tough barrier to break. Key takeaways: Bitcoin sell pressure risk exists around $80,000, a resistance level that may delay the bulls. Short-term holders and Bitcoin ETF investors keep selling, frustrating recovery attempts. Bitcoin price can’t crack $80,000 As Cointelegraph reported, Bitcoin failed to break above $80,000 as its…