Tag: Rally

XRP 10% Plunge Not The End Of Rally, Says Crypto Exec

boss

Despite a 10% plunge in XRP over the past 24 hours, the Ripple-linked cryptocurrency is still on track to regroup and surpass its 2018 all-time high, according to a crypto executive. “While it’s difficult to pinpoint exact levels in such a fast-moving market, a further move beyond the current all-time high would not be surprising if market conditions remain favourable and capital rotation from Bitcoin continues,” Bitpanda deputy CEO Lukas Enzersdorfer-Konrad told Cointelegraph on Wednesday. XRP hinges on the broader market rally continuing  XRP (XRP) reached a year-to-date high of…

Bitcoin Price Aims Fresh Gains After Consolidation: Can the Rally Resume?

Bitcoin price is eyeing a fresh increase above the $118,500 resistance. BTC must clear the $120,250 resistance zone to gain bullish momentum in the near term. Bitcoin started a fresh increase after it cleared the $118,000 zone. The price is trading above $118,600 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $118,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $120,000 resistance zone. Bitcoin Price Aims…

Nearly $600M In Open Interest Sparks Rally Talk

boss

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…

ADA Holds Critical $0.75 Support After Open Interest Drops 9.48% – Rally or Crash Ahead?

Key Notes Long position closures drove ADA’s decline, with open interest falling 9.48% and options volume dropping 92.94%. The $0.75 support level aligns with the 20-day Keltner Channel baseline and represents crucial technical defense. Holding above $0.75 could enable a recovery toward $1.00, while failure may trigger a slide to $0.70. Cardano ADA $0.82 24h volatility: 7.0% Market cap: $29.56 B Vol. 24h: $1.68 B led losses in the altcoin market on July 23, tumbling 10.23% intraday to a low of $0.82. Behind Ripple XRP $3.22 24h volatility: 8.8% Market…

ETH Rally To $4K Still Possible Despite Recent Sell-off

boss

Key point: SharpLink Gaming and BitMine Immersion Technologies have been on an Ether (ETH) buying spree to take the mantle of the largest public ETH holder. BitMine claimed the top spot after it reported holding 300,657 ETH on Thursday, but Sharplink overtook it after the latest round of purchases last week, which boosted its holding to 360,807 ETH. Could ETH buying by public firms boost the price higher? Let’s analyze the charts to find out. ETH price prediction ETH turned down from $3,860 on Monday and has broken below the…

Grok AI Predicts 5× SOL Rally If Spot ETF Approved

Key Notes GrokAI notes strong meme coin momentum, technical upgrades like Alpenglow, and potential spot Solana ETF approval could lead to a parabolic SOL price rally. SOL recently broke above $200 for the first time since February, forming a cup-and-handle pattern per analyst Ali Martinez. The Rex-Osprey Solana Staking ETF (SSK) amassed over $100 million AUM in 12 trading days, signaling rising institutional interest. SOL SOL $195.4 24h volatility: 3.5% Market cap: $105.20 B Vol. 24h: $21.42 B , the native cryptocurrency of Solana, has been on investors’ radar recently.…

Analyst Predicts Explosive 126% Shiba Inu Rally After SHIB Surpasses Litecoin Market Cap

boss

Crypto analyst Maddox has provided a bullish outlook for Shiba Inu, predicting an explosive rally. His prediction comes as SHIB surpasses Litecoin to climb into the 18th spot on the list of largest cryptocurrencies by market capitalization.  Shiba Inu Eyes Explosive 126% Rally In a TradingView post, Maddox predicted that Shiba Inu could record a 126% rally to $0.0003579 from its current price level. The analyst noted that SHIB has printed confirmed weekly bullish divergence in the Relative Strength Index (RSI). The top meme coin is now attempting to overcome…

Ethereum Sees Profit-Taking, but ETH Price Rally May Continue

Key Notes ETH lost 3% from a local high amid profit-taking. Whale wallets have added over 500,000 ETH in two weeks. ETH spot ETFs see record inflows, signaling rising institutional demand. Ethereum ETH $3 758 24h volatility: 3.2% Market cap: $453.33 B Vol. 24h: $54.52 B dropped from a local high of $3,851 on July 21 to around $3,658, triggering speculation among traders that a local top may have formed. At the time of writing, ETH is down nearly 3% on the day with a trading volume of $442 billion.…

More XRP Metrics Are Hinting at a Potential Rally to $6 in the Next Few Months

boss

Key takeaways XRP technical chart setups converge on the $6 target. Spot taker CVD remains positive, suggesting confidence among buyers. Several XRP (XRP) price charts are flashing multiple bullish signals, suggesting that a rally to $6 is possible over the next few months. XRP symmetrical triangle breakout targets $6 Data from Cointelegraph Markets Pro and TradingView shows XRP trading above a symmetrical triangle on the daily chart, as shown below. The price needs to close above the eight-year high at $3.66 to continue the upward trajectory, with a measured target…