Since early October, when the Ethereum price began its dive into bearish territory, it has struggled to regain any of its significant price levels. The Ether token failed to hold at multiple support zones throughout November, as it plunged downwards. While Ethereum appears to be gaining bullish momentum to signal an imminent price reversal, a bearish continuation looks like the more probable scenario after the latest decline to $3,000. A popular analyst has recently put forward a prognosis, which paints a worrying picture for the second-largest cryptocurrency. $2,400 Might Be…
Tag: Price
XRP Price Holds Above $2 Again — What’s Next For The Altcoin?
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…
BNB Price Halts Below $900 as Zerobase Hack Nullifies BNBChain Transaction Record
Key Notes Chain infrastructure celebrates scalability breakthrough while ecosystem security breach undermines investor confidence simultaneously. Malicious contract targets wallet approvals forcing platform to restrict user access pending resolution of frontend vulnerability. Technical indicators show neutral momentum with bulls needing sustained close above $892 to invalidate bearish pressure. BNB BNB $878.3 24h volatility: 0.8% Market cap: $120.98 B Vol. 24h: $1.30 B price remained stuck below $890 on Dec. 12, posting a narrow 0.12% intraday move as competing market catalysts kept sentiment conflicted. The day had begun on a positive note,…
Bitcoin Miners Turn to Renewables As Hash Price Hovers Near Record Lows
Bitcoin mining companies are turning to renewable energy to reduce costs amid record-low hash price, a critical metric for miner profitability, which is below the $40 level that marks the breakeven point for mining operators. Hash price, which measures expected miner profitability per unit of computing power used to successfully add a block, is about $39.4 per petahash second per day (PH/s/day) at the time of this writing, according to mining data provider Hashrate Index. Sangha Renewables, a Bitcoin (BTC) miner and renewable energy company, energized a 20 megawatt (MW)…
Silk Road Bitcoins Are On The Move Again, Is The BTC Price Ready For Another Dump?
After nearly five years of dormancy, a cluster of Silk Road–linked wallets just moved 33.7 Bitcoin—roughly $3 million—in a sudden on-chain resurgence that immediately brought the BTC price back into focus. While the volume is modest, the combination of its origin, timing, and institutional destination gives it an outsized narrative impact. With Bitcoin already navigating a fragile price range, this development raises concerns about renewed downward pressure. The 33.7 BTC Silk Road BTC Transfer And Its Potential Impact On Bitcoin’s Price The movement began with a series of small outputs originating from…
Bitcoin Price Dip Was ‘Not Organic,’ Trader Says
Bitcoin (BTC) battled stubborn horizontal resistance Friday with $94,000 next on bulls’ radar. Key points: Bitcoin keeps up pressure on familiar resistance levels as optimism over market strength increases. The recent pullback was the result of “manipulative” forces, analysis says. Gold on the way to new all-time highs is an “extremely bearish” macro headwind for Bitcoin. BTC price: Days or weeks until “upwards breakout” Data from Cointelegraph Markets Pro and TradingView showed wavering BTC price action after a trip to $95,500 the day prior. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Up…
XRP Price Needs To Hold This Macro Support For Hope Of Revival
XRP has spent the past 48 hours grinding lower, with its price gradually retreating to $2 after failing to sustain the rally above $2.10 at the beginning of the week. Selling pressure has been mostly controlled rather than aggressive, but each attempt to push higher has been met with a local trendline resistance near $2.165. Technical analysis shared by crypto analyst CasiTrades outlines an important macro support level that may determine whether XRP can stabilize and attempt another bullish recovery or fall into another bearish corrective phase below $2. XRP…
Bitcoin Spot and Derivatives Double Feature: Price Compresses, Calls Crowd $100K, Risk Expands
Bitcoin’s price stands at $92,364 on Friday morning. The leading crypto’s market cap currently hovers at $1.84 trillion, with a 24-hour trading volume of $55.80 billion cutting through a tight intraday band between $89,425 and $93,467. Moreover, bitcoin’s chart action may look tame, but under the surface, momentum is quietly shifting—and it’s not whispering sweet […] Original
Cardano Price Prediction: Top ADA Supporter Ditches It for XRP – What Did He See That Changed Everything?
After stepping away to focus on personal matters, he said the break acted as a reset, giving him time to think more clearly about his direction. He admitted to questioning whether continuing Cardano-focused content still made sense. However, he felt it would be wrong to abandon the community that built his channel from the ground up. This is where he decided to expand his coverage rather than replacing it and fell into the “XRP rabbit hole”. XRP and Cardano Growing Together The content creator said that the angry comments came…
Ethereum Price Rallied 260% the Last Time ETH Was This Low
Ether (ETH) traded close to a level that has previously marked market bottoms, as classic chart patterns suggested a possible rally to $5,000. Key takeaways: Ether price traded closer to its realized price, historically a buying opportunity that has led to major rallies. V-shaped recovery and falling wedge patterns emerge, targeting $5,000 ETH price. Ether price poised for parabolic rally The ETH/USD pair dropped 45% to multimonth lows of $2,621 on Nov. 21 from a high of $4,758 reached on Oct. 7. This drawdown saw the price drop close to…