Bitcoin is currently priced at $102,554 with a market capitalization of $2.03 trillion. The 24-hour trading volume reached $47.58 billion, and the intraday price range fluctuated between $102,126 and $107,115. Bitcoin A recent rejection from the local high of $107,115 signals a significant turning point, especially with heightened selling pressure seen across all major timeframes. […] Original
Key takeaways: The XRP (XRP) price is flashing warning signs as a bearish technical pattern resolves on lower timeframes, coinciding with massive long liquidations and decreasing open interest. XRP H&S pattern hints at a 14% price drop XRP price action has formed a head-and-shoulders (H&S) pattern on its four-hour chart since May 9, projecting a likely down-move. The head-and-shoulders pattern is a bearish reversal pattern that can signal a change in trend. It consists of three peaks: a higher peak (head) and two lower peaks (shoulders). It is resolved when…
Key Notes CME Group will launch two cash-settled XRP futures contract sizes on May 19. Analysts say the ETF could help increase institutional exposure and liquidity. Market participants opine that the launch may influence the US. SEC to greenlight a spot XRP ETF. Today’s planned launch of the CME Group XRP futures is already drawing attention from investors and analysts. With XRP XRP $2.22 24h volatility: 0.8% Market cap: $129.99 B Vol. 24h: $2.17 B seeing growing interest from institutional buyers, many market participants believe this development could mark a…
Key Notes Increased whale activity, with 450,000 ETH accumulated in a month, further underscores positive sentiment. Nearly 1 million ETH have been withdrawn from exchanges since April, indicating reduced sell pressure and strengthening price stability. Additionally, a golden cross on Ethereum’s technical chart signals a strong bullish outlook for $4,000 and beyond rally. The Ethereum ETH $1 845 24h volatility: 2.6% Market cap: $222.72 B Vol. 24h: $14.22 B price drop over the weekend has raised concerns in the crypto community about whether this is the end of the rally.…
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…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum price corrected gains and tested the $2,320 zone. ETH is now struggling and might decline toward the $2,220 support zone. Ethereum started a correction from the $2,580 zone…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin price started a fresh increase and cleared the $105,500 zone. BTC is now consolidating and might aim for another increase toward $108,000 Bitcoin started a fresh upward move from the $102,500 zone. The price is…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Dogecoin is currently showing signs of selling pressure after shedding much of the bullish momentum it had gathered in late April and early May. Technical analysis of the Dogecoin…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Solana (SOL) has struggled to maintain momentum after a rally that saw it peak around the $183 level on May 14. Since then, Solana’s price action on the 4-hour…
Key points: Ether price rose 3% to $2,550 on May 18, triggering $22 million in short ETH liquidations. A bull flag on the chart suggests a $3,700 target, with analysts predicting Bitcoin’s price to go as high as $5,000 in May. Ether’s (ETH) price was up on May 18, rising more than 2.5% over the last 24 hours to trade at $2,536. This recovery reinforces the optimism among traders that ETH price could hit $3,000 in May, citing strong technicals. Ether wipes out $7.5 million shorts in an hour Data…