XRP Shows Signs of Bottoming as Analysts Watch for Serious Upside
The recent rally across the aggregated crypto market has been so strong that even XRP – the embattled token closely associated with Ripple – has been able to rally. The entire market is showing some signs of strength at the moment, with Bitcoin looking strong as it attempts to move past $18,000, with most major […]
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Bitcoin is trending toward a retest of its lower support and if this happens, UNI, ICP, AAVE and QNT could breakout to the upside. Bitcoin (BTC) has given up ground over the weekend as investors remain cautious about the United States consumer inflation data to be released on July 13. Analysts anticipate June’s consumer price index to be higher than May’s 8.6% level.Due to the macro uncertainty, investors are not confident that Bitcoin’s correction is over. However, Fidelity Investments’ director of global macro Jurrien Timmer said that Bitcoin is back at the 2013 bull market levels “if....
UniSwap’s native token UNI showed signs of bottoming out as its price rebounded by almost 56 percent in the previous 24 hours of trading. The UNI/USD exchange rate surged from near $1.75 to as high as $2.74 in the said period. Nevertheless, the pair failed to hold the top for long amid growing profit-taking sentiment […]
Chainlink has seen one of the strongest rebounds from its recent lows across the aggregated altcoin market, with its price rocketing higher as investors begin rotating capital into “risk-on” assets as Bitcoin and Ethereum show signs of strength. Its rebound is showing few signs of slowing down, and a move back up to its all-time […]
If it isn’t already clear, Bitcoin is caught in the throes of a full-fledged bull market as its price rallies towards $15,000 This move came about in the form of a parabolic advance overnight, with buyers overwhelming sellers once again The cryptocurrency is showing few signs of weakness as it continues flashing immense signs of strength Where it trends in the near-term will likely depend on its continued reaction to $15,000 Traders are noting that […]
Bitcoin is in the process of rocketing up towards $32,000, with the cryptocurrency showing some immense signs of strength as bulls target it seeing further upside The overnight breakout rally that allowed it to see this explosive move higher came as a shock, with the resistance at $30,000 being sliced through with ease The strength of this movement does bode well for bulls, as it indicates that significantly further upside could be imminent in the […]