XRP Sees Massive Retrace, But Analysts Remain Optimistic
XRP has been on a roller-coaster of a ride throughout the past few days and weeks, with the crypto randomly breaking out of a multi-year trading channel earlier this week that allowed its price to ascend as high as $0.90 on some exchanges. The selling pressure here was significant, with many long-term holders using the […]
Related News
Bitcoin has dropped dramatically from the $16,000 highs, falling as low as $14,300 this weekend. Analysts remain optimistic that the cryptocurrency is set to resume its uptrend in the days and weeks ahead. One trader went as far as to say that the asset could move towards $17,000 or even $18,000 as the trends of this market remain positive. Bitcoin Could Soon Hit $17,000, Analysts Say Bitcoin has dropped dramatically from the $16,000 highs, falling […]
Bitcoin has once again begun to thrust higher despite uncertainty in traditional markets. The coin currently trades for $16,450 as of this article’s writing. Analysts fear that a retracement is likely as on-chain trends and technical trends seem to have begun to favor bears. Bitcoin Could Retrace Soon, Analysts Say Bitcoin has once again begun to thrust higher despite uncertainty in traditional markets. After a day of 1% losses for leading U.S. stock indices, Bitcoin […]
Analysts fear that Bitcoin is primed to drop after the $14,000 break on Saturday. The recent price action has been spotty due to a lack of follow-through at $14,000. An analyst also added that with uncertainty in the stock market and with the U.S. Dollar Index on support, BTC has a good chance at moving lower as opposed to higher. Bitcoin Primed to Drop, Analysts Fear Analysts fear that Bitcoin is primed to retrace as […]
Bitcoin has begun to slide lower over the past few days as selling pressure has tapered off at the $16,500 highs. The leading cryptocurrency currently trades for $15,900, a few percent below those highs but still situated above key support levels. Analysts remain optimistic despite the downward-sloping price action. One trader says that if the […]
A soup of optimistic fundamental and technical indicators has led multiple analysts to envision Bitcoin at a six-digit valuation.