XRP Price Pauses Upside Momentum While BTC and ETH Accelerate Their Recovery
XRP price started a steady increase above $2.20. The price is now consolidating gains and might aim for another increase if it clears $2.280. XRP price started a fresh increase above the $2.220 zone. The price is now trading above $2.20 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2.180 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it clears $2.280. XRP Price Holds Ground XRP price started a decent upward move above $2.10 and $2.120, beating Bitcoin and Ethereum. The price gained....
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Bitcoin is correcting losses and trading above $39,000 against the US Dollar. BTC could gain bullish momentum if it clears the $40,000 resistance zone. Bitcoin is slowly recovering and trading above the $39,000 zone. The price is trading above $39,200 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $38,980 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might accelerate higher and could even surpass the $40,000 resistance zone. Bitcoin Price Starts Correction Bitcoin price extended decline below the....
XRP is showing signs of hesitation after a strong rebound, struggling to push past key resistance levels. The recent price action fits neatly within an Elliott Wave pattern, suggesting the market may be entering its final consolidation phase before the next major move unfolds. Market Pauses After The Storm CasiTrades, in a recent market update, explained that following last Friday’s sharp wipeout, prices managed to rebound impressively, but that momentum now appears to be losing steam. According to the analyst, such pauses are natural after strong moves. In Elliott Wave Theory (EWT), this....
Solana is taking a breather after a strong rally, now testing the crucial $195 support zone. Traders are watching closely to see if the bulls can defend this level and set the stage for a potential comeback. Solana Begins A Healthy Pullback After Recent Rally In a recent update, BitGuru highlighted that Solana (SOL) appears to be entering a healthy pullback phase following a sharp rally and partial recovery. This retracement is part of a natural market rhythm, allowing the asset to cool off after its recent burst of bullish momentum. Such pauses often serve as a foundation for more....
Ethereum price started a recovery wave above $2,880. ETH might gain bullish momentum if it manages to settle above the $3,000 resistance. Ethereum started a recovery wave above $2,850 and $2,880. The price is trading above $2,900 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,950 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it settles above the $3,000 zone. Ethereum Price Eyes Upside Break Ethereum price managed to stay above $2,750 and started a recovery wave, like Bitcoin.....
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