Tag: Price

Ethereum Supply Squeeze? 10-Year Low Ignites Price Speculation

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Ethereum open interest hits new all-time high — Will ETH price follow?

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Ether (ETH) price dropped 6% between March 19 and March 21 after failing to break the $2,050 resistance level. More notably, ETH has fallen 28% since Feb. 21, underperforming the broader crypto market, which declined 14% over the same period. Despite ETH’s price struggles, Ether futures open interest hit a record high on March 21. This has led traders to question whether large investors are positioning for a potential rally toward $2,400 while also raising concerns about the risks of cascading liquidations due to heightened leverage. Ether futures aggregate open…

Price analysis 3/21: BTC, ETH, XRP, BNB, SOL, ADA, DOGE, TON, LINK, LEO

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This week’s Bitcoin rallies failed to overcome sellers at the $87,500 level, but many analysts still believe the corrective bottom was at $77,000. How will altcoins react while BTC trades in a range? Bitcoin’s (BTC) recovery continues to face selling at higher levels, indicating that the bears have not given up. Trading resource Material Indicators said in a post on X that “Spoofy the Whale” has been suppressing Bitcoin’s price below $87,500. Although the upside is currently restricted, select analysts believe that the downside is limited. BitMEX co-founder Arthur Hayes…

Ethereum Price Forms Megaphone Bottom Not Seen Since 2020, Here’s What Happened Last Time

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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. Crypto analyst TradingShot has revealed that the Ethereum price has formed a megaphone bottom which has not been seen since 2020. The analyst revealed what happened the last time…

Rising XRP spot market volumes hint at next stage of a parabolic price rally — Analyst

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XRP (XRP) price rallied 16% less than 24 hours after news that Ripple’s legal dispute with the US Securities and Exchange Commission (SEC) could end made headlines on March 19. However, XRP has shed half of its gains over the past two days, losing position below an important level at $2.50. XRP rally continues to be spot-driven XRP matched its all-time high of $3.40 on Jan. 16 as soaring spot buy volumes provided a sustainable parabolic rally that lasted for weeks. A similar outlook is taking shape again in the…

XRP Active Addresses Hit Highest Level Since April 2023 – Will Price Follow?

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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. XRP is trading above crucial support levels and showing signs of strength as the broader crypto market struggles with persistent selling pressure and macroeconomic headwinds. While many digital assets…

Binance’s BNB Chain Completes Pascal Hard Fork, BNB Price ATH Soon?

Key Notes The Pascal hardfork of BNB Chain brings features like gas fee optimization, batch transactions, and enhanced smart payment interfaces. Upcoming upgrades, Lorentz in April and Maxwell in June, will reduce block times to 1.5 seconds and 0.75 seconds, respectively. BNB Chain has seen a surge in decentralized exchange (DEX) activity, with meme coins significantly boosting trading volume . BNB Chain has successfully implemented the Pascal hardfork while introducing significant improvements to its ecosystem. This upgrade brings along the EIP-7702 smart contract wallet with features such as optimized gas fee…

XRP price chart hints at 75% gains next as SEC ends lawsuit against Ripple

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XRP (XRP) price has recovered by almost 30% in the last two weeks, led by a crypto market rebound, and Ripple’s long-running legal battle against the US Securities and Exchange Commission (SEC) comes to an end. XRP/USD daily price chart. Source: TradingView The cryptocurrency’s rebound is also occurring inside the confines of a classic bullish continuation pattern, promising further gains in the coming weeks. XRP symmetrical triangle puts 75% rally in play XRP’s bullish technicals appear as it forms what appears to be a symmetrical triangle pattern. A symmetrical triangle…

Here’s why Bitcoin price can’t go higher than $87.5K

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Bitcoin (BTC) is being capped at $87,500 thanks to manipulation by one or more whales, new analysis says. The latest market coverage by trading resource Material Indicators on March 20 reveals why BTC/USD is stuck in its current range. “Spoofy the whale” gets blame for BTC price range Bitcoin has managed to sustain $80,000 as support for more than a week while hitting two-week highs of $87,500 on March 20.  Despite following broad volatility across risk assets, BTC/USD may have gone even higher were it not for maneuvers of large-volume…