Key takeaways: XRP’s strongest spot premium phase suggests real buying demand, not just speculative futures trading. The number of XRP addresses holding ≥10,000 tokens has steadily climbed, even during recent price pullbacks. A falling wedge pattern points to a possible breakout toward $3 to $3.78, with up to 70% upside if confirmed. XRP (XRP) is experiencing its strongest sustained phase of spot premium in history, a period where the spot market has been consistently trading at stronger levels compared to perpetual futures. XRP’s 350% rally is backed by real demand…
Tag: Rally
Analyst Maps 3 Scenarios That Could Trigger the Next Big Rally
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. Bitcoin is inching closer to the $100,000 milestone, continuing a steady upward trend that has characterized its recent market behavior. As of the time of writing, the asset is…
Bitcoin short squeeze rally meets heavy resistance: what comes next?
Bitcoin has surged on the back of a textbook short squeeze, but now finds itself at a decisive resistance zone. Will it break out or roll over? Bitcoin’s (BTC) recent price action has caught many off guard, with a powerful bounce emerging from heavily oversold conditions. This rebound appears largely driven by a short squeeze, a phenomenon where overly bearish sentiment leads to a rapid price increase as short positions get liquidated. But now, BTC is trading in a technically sensitive area that could determine whether this bounce has more…
Bitcoin Price Rally Incoming? Bulls Target $95K and Beyond
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. Bitcoin price is rising again above the $94,000 zone. BTC is showing positive signs and might aim for a move above the $95,500 resistance zone. Bitcoin remained supported above…
Bitcoin ‘aging’ chart projects sixfold BTC price rally above $350K
Key takeaways: Bitcoin’s price increased by sixfold each time its age increased by 40%. If the pattern holds, Bitcoin could rally to $351,046 in 2025. New data highlights a historical pattern that results in Bitcoin (BTC) price increasing by sixfold. Using a logarithmic chart to illustrate the trend from 2011, the model projects BTC price to hit $351,046 in 2025. According to 21st Capital co-founder Sina, the study plots Bitcoin’s price on a log-log graph, showing a linear relationship that reflects predictable long-term growth driven by network dynamics, a behavior…
Bitcoin breaks through $95k amidst ongoing rally
Bitcoin has surpassed the $95,000 as it continues to climb higher. Analysts predict the BTC rally could catapult the cryptocurrency back to its $100,000 level. According to data from crypto.news, the largest cryptocurrency by market cap has ended the month strong after it soared as high as $95,444 in the past 24 hours of trading. The last time BTC stood at $95k was in mid-February before it plummeted lower and settled below $80,000 at the beginning of this month. At press time, BTC has maintained its position above the $95,000…
Analysts Forecast Q3 ATH Rally Amid Key Level Retests
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. After reclaiming crucial levels, Solana (SOL) has been moving sideways within a key price range, with its next direction yet to be determined. However, some analysts suggest a breakout…
Ethereum Rally Key to ETF Staking Growth
Key Notes ETF staking may have limited impact on Ethereum fund inflows, warns Balchunas. Whales sold 262,000 ETH in April as Ether slid back to $1,805. Ether is currently around $1,800, down by 1% in the past day. Ethereum ETH $1 807 24h volatility: 1.3% Market cap: $218.13 B Vol. 24h: $11.91 B may be nearing the spot ETF staking approvals, but popular ETF analyst Eric Balchunas warns that would not be a significant push for the cryptocurrency. In a recent podcast, Balchunas said staking would only offer marginal support…
Ethereum ETF staking will have little impact without multimonth rally: Analyst
Key takeaways Approving staking for spot Ether exchange-traded funds (ETFs) in the US may have a minimal impact on inflows unless Ether sees a sustained rally, says Eric Balchunas ETH dropped significantly in price after the launch of the ETFs last year, unlike spot Bitcoin ETFs, which saw new all-time highs just two months after launching. For inflows to increase again, Balchunas said ETH would need a multimonth run along with a strong narrative. Spot Ethereum ETFs being able to stake a portion of the tokens under their control may…
Labor pain, crypto gain — How weak JOLTS data sets path for Bitcoin price to rally
Key points: Weak labor and consumer data often precede Bitcoin rallies, leading some analysts to anticipate future economic stimulus programs. Job openings fell to 7.2 million in March versus the 7.5 million forecast and consumer confidence hit its lowest level since January 2021. If past patterns hold, Bitcoin could rally by mid-July and possibly reach $140,000 by October 2025. Macroeconomic conditions have long been seen as a major influence on cryptocurrency prices. Generally, Bitcoin (BTC) and altcoins perform poorly when investors fear that employment and consumer data are weakening. According…