Tag: Price

Dogecoin Price Eyes 830% Rally Amid DOGE Whale Purchases

Key Notes A “Spinning Top” candlestick pattern suggests a major reversal after the recent DOGE price correction. Grayscale’s Zach Pandl attributes DOGE’s rise to broader altcoin market momentum and renewed investor risk appetite. Whale accumulation surged with 130 million DOGE purchased in a day. With 35% monthly gains, Dogecoin DOGE $0.22 24h volatility: 3.5% Market cap: $33.40 B Vol. 24h: $1.96 B price continues to be on investors’ radar, with analysts predicting 830% upside from here. Although DOGE flirts around $0.23 as of now, market analysts are hopeful of a…

BNB Price Corrects Gains After Strong Rally – Is It Just a Healthy Pullback?

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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…

XRP Price Starts Recovery Move – Will It Lead to a Bullish Reversal?

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 Poised for a Comeback – Is Another Rally on the Horizon?

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Ethereum price struggled to continue higher above the $3,940 zone. ETH is now consolidating gains and might soon aim for a move toward $4,000. Ethereum started a fresh increase above the $3,840 and $3,880 levels. The price is trading above $3,800 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $3,840 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $3,725 zone in the near term. Ethereum Price Holds…

Bitcoin Price Holds Steady – Range-Bound Action Dominates Price Chart

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Bitcoin price is still holding the $117,250 support zone. BTC is consolidating and might attempt to clear the $118,600 resistance zone to gain bullish momentum. Bitcoin started a downside correction from the $120,000 zone. The price is trading below $118,500 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $118,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $118,600 resistance zone. Bitcoin Price Stays Above Support Bitcoin price…

BTC Price Compression May End With White House Crypto Report

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Key points:  Bitcoin’s price compression and the Bollinger Bands suggest a range expansion will occur soon.  This week’s early price weakness is likely the result of traders cutting risk ahead of Wednesday’s FOMC and a White House update on its crypto policy and Bitcoin strategic reserve. Bitcoin (BTC) continued to trade within the $117,000 to $120,000 range on Tuesday, and it looks poised for a daily close below $118,000. Some analysts have called for BTC to retest underlying support at $114,000 to $110,000, and while technicals do support such a…

MARA Shares Jump as Q2 Revenue Beats Wall Street’s Expectations Thanks to Surging BTC Price

Bitcoin miner MARA Holdings (MARA) shares jumped nearly 4% in post-market trading after the company posted record revenue for its second quarter, beating Wall Street’s expectations. MARA reported revenue of $238.5 million, a 64% rise from $145.1 million in the same quarter a year ago, according to an earnings presentation. The mining firm said the increase was primarily due to a 50% rise in the average bitcoin price during the quarter. MARA’s revenue also beat the average analyst estimate of $227.9 million, according to the FactSet data. The company mined…

Conflux (CFX) Price Explodes 28% as AxCNH Yuan Stablecoin Pilot Approaches

Key Notes CFX partners with AnchorX and Eastcompeace to launch AxCNH stablecoin for China’s Belt and Road Initiative cross-border payments. Technical analysis shows Bollinger Band breakout with potential targets at $0.30 and $0.34 if support holds above $0.17-$0.18. Trading volume surged 128% intraday as Chinese policy shifts favor regulated private stablecoins over state-controlled CBDCs. Conflux CFX $0.21 24h volatility: 10.6% Market cap: $1.06 B Vol. 24h: $925.45 M emerged among the few altcoins trading in green on Tuesday, posting a 28% rally, pushing its price to around $0.2439 amid fresh…

XRP Dormant Coins On The Move: Reason Behind Price Plunge?

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On-chain data shows old XRP tokens have been moving back into circulation recently, a potential sign that long-term holders have been taking profits. XRP Mean Dollar Invested Age Has Seen A Drop Recently According to data from the on-chain analytics firm Santiment, the XRP network has seen signs of movement from veteran hands. Two key metrics highlight this trend: Mean Dollar Invested Age and Age Consumed. The first of these, the Mean Dollar Invested Age, keeps track of the average age (in days) of every dollar invested into the cryptocurrency.…

Ethereum Price To $20,000? ETH Is Mirroring Bitcoin’s Move From 2021

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The Ethereum price may be setting the stage for a historic breakout, as a new technical analysis suggests that ETH is closely mirroring the Bitcoin (BTC) price action from 2020 to 2021. With Ethereum currently consolidating beneath a long-term downtrend line and approaching critical resistance, a crypto analyst eyes a potential move to $20,000 if the historic pattern continues to play out.  Ethereum Price Mirrors Bitcoin’s Historic 2021 Pattern According to a new analysis by crypto market expert Ted Pillows, Ethereum’s current price structure is beginning to reflect a striking…