[ad_1] A crypto analyst has meticulously outlined a detailed list of key levels and optimal entry points for investors to buy and sell Bitcoin (BTC) for potential profits. Key Levels To Watch Out For In BTC’s Price Action A crypto analyst identified as ‘Scient’ took to X (formerly Twitter) on July 22 to discuss several key levels for buying and selling of Bitcoin. The analyst provided an in-depth analysis on crucial zones to watch out for in BTC’s price action, highlighting the importance of this analysis to current BTC owners and sideliners. Sharing a detailed chart marking Bitcoin’s key zones…
Author: dfrancis36
[ad_1] The team behind the second-largest stablecoin by market cap is building a crypto wallet platform that supports email and social media-based logins. In a new announcement on the social media platform X, developers at USDC issuer Circle say their latest product would allow users to authorize crypto transactions via email, social log-ins, or PIN codes. “Onboard users to your apps faster with Social Logins or Email OTP (one-time passcode) verification! Our latest release provides you with more options to seamlessly onboard users and securely authenticate transactions when building with user-controlled programmable wallets.” Social logins would allow users to log…
[ad_1] The XRP price has struggled despite scoring multiple partial victories against the United States Securities and Exchange Commission (SEC) over the last year. The initial surge was not enough to push it into the coveted $1 level. However, this has not deterred bulls, especially with bullish formations on the chart and multiple predictions that the XRP price is set to hit a new all-time high. XRP Price Flashes Golden Cross A pseudonymous crypto analyst who goes by @Nico369K on the X (formerly Twitter) platform has pointed out an interesting formation on the XRP price chart. This formation is known…
[ad_1] According to a Fox report, Senator Cynthia Lummis of Wyoming is allegedly ready to introduce legislation that could herald a profound shift in the status of Bitcoin, positioning it as a mainstream financial asset on par with traditional reserves like gold in the US. As anticipation mounts ahead of her possible announcement at the annual Bitcoin Conference in Nashville, July 25-27, a wave of speculation surrounds the potential impact of this initiative. Federal Reserve To Hold Bitcoin As Strategic Reserve Asset Per the report, Senator Lummis, a staunch advocate for cryptocurrency and a figure in the pro-crypto movement among…
[ad_1] Traders are becoming drawn to the meme-inspired crypto PEPE, after a technical study by the famous crypto expert World Of Charts shows it has some surprises under its sleeves. As shown on X, PEPE is forming a positive pennant, which is a common technical sign for big price increases. According to World of Charts, the price of the meme coin could go up by 25 to 30%. Related Reading Converging trendlines following a significant price gain, commonly called the flagpole, constitute the bullish pennant, which often indicates a halt before the market continues its upward trajectory. Pointing out a…
[ad_1] XRP whales look to have regained their confidence in the XRP token, with recent data showing an accumulation trend among these investors. This is significant as XRP eyes the $1 mark and as these XRP whales could play a role in facilitating such a price rally. XRP Whales Buy 140 Million Tokens Crypto analyst Ali Martinez recently shared data from the on-chain analytics platform Santiment, which shows that XRP whales bought over 140 million XRP ($84 million) this past week. This development highlights these investors’ confidence in XRP’s future trajectory, with a growing belief that the crypto taken could…
[ad_1] Solana (SOL) could be on the verge of a macro uptrend, according to one popular crypto analyst. The pseudonymous trader known as Rekt Capital tells his 483,100 followers on the social media platform X that the Ethereum (ETH) competitor has performed a “green circled weekly candle close.” “Successful retest of the red area as new support could enable trend continuation to the upside over time.” Source: Rekt Capital SOL is trading at $172.20 at time of writing. The 5th-ranked crypto asset by market cap is down more than 3% in the past 24 hours but up more than 6%…
[ad_1] Nine spot Ethereum ETFs commenced trading on the US stock market on Tuesday, marking a pivotal moment for the crypto industry following the Securities and Exchange Commission’s (SEC) green light on Monday. Ethereum ETFs See $1B In Trading Volume On Debut James Seyffart, a senior ETF analyst at Bloomberg, described the Monday ETF launch as a “pretty big success,” according to a Fortune report. However, the initial enthusiasm was tempered by a stark comparison to Bitcoin’s ETF debut earlier this year, which garnered $655 million in inflows on its first trading day. First-day trading comparison chart for Ethereum and…
[ad_1] Popular crypto analyst and enthusiast, Doctor Profit has boldly predicted that Ethereum would see a huge parabolic move following the spot ETH ETFs launch before the year closes, which has garnered the interest of the cryptocurrency space. Ethereum Poised Major Price Rally Post-Spot ETH ETFs In the post on the X (formerly Twitter) platform, Doctor Profit highlighted that all eyes are now focused on Ethereum, the shining bull, which is something he previously predicted over the years. Now, with the spot ETH ETFs launch, the expert believes the crypto asset is finally ready to dominate the crypto market as…
[ad_1] After rising by more than 28% over the 16 days, the Bitcoin price was rejected at key resistance at $68,500 on Sunday. Since then, the BTC price is displaying a slight pullback, but according to Charles Edwards, the founder of Capriole Investments, investors can expect the bullish momentum to continue. Edwards shared the chart below and stated via X, “BREAKING: Hash Ribbon buy signal just fired.” Bitcoin Hash Ribbon buy signal | Source: X @caprioleio Why The Bitcoin Hash Ribbons Matter This statement is significant, as the hash ribbons have historically been a reliable indicator, with an 84% accuracy…