Tag: Price

Ethereum Looks Ready To Break Out Of 4-Year Consolidation, Analyst Says Price Will ‘Go Insane’

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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 is again looking bullish following its gains of over 17% in the last seven days and the break above $2,500. Analysts have provided a positive outlook for the…

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Bitcoin price eyes ATH as traders brace for a “supply shock”

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Bitcoin price could be about to blast to a record high as traders brace for a ‘supply shock’ in the coming months. Bitcoin (BTC) has remained rangebound this week but at $104,000 it needs to gain around 4% to match its all-time high of $109,300. One major bullish catalyst for Bitcoin is the sharp decline in available supply across centralized exchanges and over-the-counter desks. According to CryptoQuant, sell-side liquidity on OTC desks has dropped to 120,000 BTC, its lowest level in years. For comparison, inventory stood at nearly 500,000 BTC…

XRP price path to $3.40 remains intact — Here is why

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Key takeaways: XRP (XRP) price shows positive signs as a bullish technical pattern emerges on its weekly chart, coinciding with increasing open interest. Increasing OI backs XRP upside XRP price is down 2% over the last 24 hours to trade above $2.40 on May 16, but has gained 13% over the past two weeks as the broader cryptocurrency market recovered and XRP open interest (OI) surged. The OI surged 53% from $3.61 billion to $5.53 billion between May 8 and May 14, before dropping slightly to $5.06 billion on May…

Here is why Bitcoin price is stuck below $105K

Key takeaways: Bitcoin price consolidates as resistance at $105,000 prevents rally to new all-time highs. Traders are slightly bearish, but historical data suggests that a sudden bullish move should not be ruled out. Bitcoin (BTC) price has been consolidating within a roughly $3,500 range over the past seven days as the $105,000 level remains the overhead resistance to break. BTC/USD weekly chart. Cointelegraph/TradingView Bitcoin unable to crack $105,000 Data from Cointelegraph Markets Pro and Bitstamp shows that BTC’s price has been oscillating between its resistance level at $105,000 and $101,500,…

Ethereum Breaks Above Key Realized Price Zones—What It Means for ETH

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 (ETH) experienced a slight price pullback over the past 24 hours, declining by 2.1% to hover slightly above $2,500. Despite this daily decline, ETH has remained at more than 30% over…

BNB Price Finds Its Footing — Can Bulls Ignite the Next Leg Up?

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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 Sinks Lower, But Chart Whisperers See a Trap for The Bears

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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…

Ethereum Price Holding Strong — Signs Point to a New Upside Breakout

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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 $2,500 zone. ETH is now again rising and might soon aim for a move above the $2,600 zone. Ethereum started a correction…