[ad_1] Crypto analyst Crypto Bitlord has urged market participants to buy the XRP token. In a series of posts on his X (formerly Twitter) platform, he suggested why he asked everyone to make such an investment decision. Crypto Analyst Says Buy XRP And Hold Crypto Bitlord urged everyone in an X post to buy and hold XRP. His statement seemed to have come as a surprise to some of his followers, given XRP’s underperformance since the start of the year. When quizzed by one of them about what he believed XRP was going to make a run soon, Crypto Bitlord…
Author: dfrancis36
[ad_1] Ethereum price gained pace above the $3,350 resistance zone. ETH even tested $3,500 and aims for more upsides in the near term. Ethereum is showing strength and tested the $3,500 level. The price is trading above $3,350 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise above the $3,500 and $3,550 resistance levels. Ethereum Price Climbs 10%, Bulls In Action Ethereum price started a major increase above the $3,250 resistance zone. ETH even climbed…
[ad_1] The price of Bitcoin has surpassed $60,000, sparking renewed interest and speculation among bitcoin fans. In this context, MicroStrategy chairman and co-founder Michael Saylor remarked something universally relevant: “Bitcoin is the bridge from chaos to hope.” The fact that Saylor tweeted this shows how seriously he takes the possibility that Bitcoin may protect investors from economic uncertainty. #Bitcoin is the bridge from chaos to hope.pic.twitter.com/tTXPU4iXZT — Michael Saylor⚡️ (@saylor) July 13, 2024 Navigating Economic Uncertainty A digital lighthouse in a stormy financial sea, Bitcoin has reached new heights in a world where economic waves vary drastically. Still, the pleasure…
[ad_1] Bitcoin price gained over 10% and broke the $64,000 resistance level. BTC is showing positive signs and might attempt to move above the $65,000 level. Bitcoin gained bullish momentum above the $63,500 resistance zone. The price is trading above $63,500 and the 100 hourly Simple moving average. There is a major bullish trend line forming with support at $62,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it breaks the $65,000 resistance. Bitcoin Price Jumps 10% Bitcoin price started a major increase above the $61,500 and $62,000…
[ad_1] In an intriguing turn of events, the cryptocurrency market has witnessed optimistic responses following recent reports of an assassination attempt on the United States former President and Republican Presidential candidate Donald Trump. As information regarding the attempt surfaced, the market and community saw positive reactions, including digital assets like Bitcoin and Trump-inspired coin TRUMP. Crypto Market Saw Immediate Reaction After Reports Of The Incident According to top market intelligence platform, Santiment, after the assassination attempt of former US president Donald Trump on Saturday, the crypto market experienced a positive response almost instantly. During a presidential campaign in Butler, Pennsylvania,…
[ad_1] Crypto analyst Trader Tardigrade has highlighted a historical pattern that led to the Dogecoin price surge in 2021. Based on his analysis, the foremost meme coin is ready for a similar price rally, which could happen soon enough. Dogecoin Repeating Chart 2021 Pattern Trader Tardigrade mentioned in an X (formerly Twitter) post that Dogecoin is repeating the same chart pattern from 2021. He noted that the meme coin was “ready to go” and suggested that Dogecoin’s price rally would begin once the bull run returns into full gear. Dogecoin made an incredible run of over 28,000% in 2021, meaning…
[ad_1] Bitcoin is rising, trading firmly above the psychological round number at $60,000, looking at the formation in the daily chart. As BTC turns the corner, there could be more room for gains, even pushing the coin above local resistances at $66,000 and $72,000. Bitcoin Bulls Dominate: Up Next $72,000? In a post on X, one analyst notes that the average dominance of long-position liquidations has decreased to zero. This means buyers are increasingly building up their positions and dominating bears, as seen from June through the first half of July. Bitcoin bulls dominant | Source: @AxelAdlerJr via X Of…
[ad_1] Solana (SOL), the fifth largest cryptocurrency in the industry, saw a notable resurgence over the weekend, in line with the broader market rally and Bitcoin’s (BTC) rebound towards the $63,000 mark for the first time in over a week. SOL’s price has successfully recovered from the losses of the past few months, surpassing the $150 level and overcoming key resistance walls, coupled with an optimistic statement from Daniel Cheung, co-founder of the hedge fund Syncracy Capital, who believes that SOL is exhibiting similar fractal patterns reminiscent of the third quarter of 2021, potentially leading to explosive gains. More Gains…
[ad_1] The Shiba Inu ecosystem is turning positive in light of recent price action in the wider crypto market. Many cryptocurrencies and blockchains are going through heightened activity and transactions, which has pushed prices into positive gains in a seven day timeframe. Shiba Inu hasn’t been left behind with this activity, with on-chain data showing an interesting surge in money movement. This movement can be attributed to Shiba Inu whales, which recently saw a 40% increase in the amount of money transacted. Shiba Inu Metric Surged By 40% Unsurprisingly, Shiba Inu whales have joined the recent surge in market activity.…
[ad_1] Crypto analytics firm IntoTheBlock is warning that large token unlocks in the future may hamper the performance of several altcoins. IntoTheBlock notes that nearly $25 million worth of Bitcoin (BTC) is “unlocked” or mined each day – an amount that is easily absorbed by the crypto king’s large and liquid market. On the other hand, projects like Sam Altman’s “proof-of-person” project Worldcoin (WLD), decentralized finance (DeFi) platform Stargate Finance (STG) and layer-2 blockchain Mantle (MNT) have daily token unlocks that represent relatively large percentages of their market cap, according to the firm’s data. IntoTheBlock notes that the price performance…