Tag: Price

XRP Funding Rates And Spot Volume Tell An Interesting Story For Price

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Crypto analyst Cryptoinsight has drawn attention to an “extremely interesting” price action for XRP. He highlighted the altcoin’s funding rates and spot volume, which provided insights into XRP’s recent downtrend, with its drop below the psychological $2 level.  How XRP’s Funding Rates And Spot Volume Explain The Price Action In an X post, Cryptoinsight noted that open interest is rising significantly as funding flips heavily negative and the premium also continues to get more negative. In line with this, he remarked that leveraged players artificially created the move down for…

Fundstrat’s Tom Lee sees Bitcoin and Ethereum price breakout after precious metals peak

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Tom Lee says Bitcoin and Ethereum will recover once the gold and silver FOMO cools, with weaker dollar and Fed easing set to boost crypto. Summary om Lee says FOMO in record-breaking gold and silver is draining liquidity from Bitcoin, Ethereum and wider crypto. He argues past pullbacks in precious metals often coincided with upside in BTC and ETH as capital rotated back into digital assets. Lee expects a weaker dollar and easier Fed policy to unlock fundamental upside for cryptocurrencies once metals’ momentum stalls. Tom Lee, head of research…

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Bitcoin Price At Risk Of 50% Correction As 2022 Playbook Repeats

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As the crypto market recovers from the latest pullback, Bitcoin (BTC) is attempting to bounce from its one-month low. Some analysts have warned that the correction has left the cryptocurrency in a “fragile position” that resembles the start of the previous bear market. Related Reading Bitcoin Risks 2022-Like Correction On Sunday, Bitcoin saw a 3.6% intraday decline, closing the day below its yearly opening for the first time. Since November, the flagship crypto has been hovering between $86,000-$93,500 in the weekly timeframe, failing to turn the range’s resistance into support…

Dogecoin Price Prediction: Is DOGE About to Explode or Collapse? Here’s What No One’s Telling You

The chart shows DOGE printing lower highs and lower lows, with price repeatedly rejected along the upper trendline. At the time of writing, DOGE is around $0.1208, down sharply from the $0.30 area marked as the prior major high. The 200-day EMA is near $0.173, well above spot price, which confirms that DOGE remains in a broader bearish trend. DOGE Price Analysis: Exhaustion Is Building The daily RSI sits near 36.7, just above oversold territory. Historically, DOGE has seen reactive bounces when RSI holds this zone. Meanwhile, MACD remains negative,…

XRP Price Breaks Out, But Bulls Show Caution Above Resistance

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 Rebounds, Yet $3K Remains A Brutal Resistance Test

Ethereum price extended losses and tested the $2,800 zone. ETH is now recovering some losses and might aim for more gains if it clears $2,960. Ethereum remained in a bearish zone and traded below $2,960. The price is trading just above $2,900 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $2,910 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,880 zone. Ethereum Price Eyes Steady Recovery…

Bitcoin Price Recovery Attempts Rise, But Upside Remains Challenged

Bitcoin price started a recovery wave from $86,000. BTC is slowly moving higher and might rise further if it clears $89,500. Bitcoin started a minor recovery wave from the $86,000 level. The price is trading near $88,500 and the 100 hourly simple moving average. There was a break above a bearish trend line with resistance at $88,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might recover if it manages to settle above $88,800 and $89,500. Bitcoin Price Attempts Rebound Bitcoin price extended losses…

Rare ETH Price Signal Hints At 226% Rally

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Ether (ETH) is flashing a familiar macroeconomic setup that preceded a major rally in 2021. One analyst highlighted a recurring sequence linking global liquidity, US small-cap equities and Ether’s price, suggesting a similar impact could unfold for the altcoin. Key takeaways: Ethereum surged 226% in 2021 after a key global liquidity threshold was met. ETH accumulation addresses show a rising realized price near $2,700, reinforcing the structural support. Global liquidity-led setup mirrors 2021 breakout for ETH Crypto analyst Sykodelic highlighted a recurring pattern that links the global liquidity, the Russell…

Bitcoin, Ethereum, Crypto News & Price Indexes

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