XRP Sitting On 5 Losing Months — But Some Analysts Say The Worst May Be Over
XRP has had a rough stretch. The token is on pace to close its fifth straight month in the red, a run of weakness that has tested the patience of long-time holders and fueled debate about what comes next. Related Reading: Crypto’s Biggest Bull Run Could Come From The Most Unexpected Place: AI Bubble Yet even as the price sits well below its recent peak, a growing number of voices in the XRP community are not backing down from optimistic forecasts. One Analyst Says XRP Will Make People Rich In 2026 A market commentator known as Archie recently posted a chart on X projecting that XRP could....
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Yearn.finance (YFI), the decentralized finance (DeFi) darling that led the DeFi market upsurge in the third quarter, is stagnating. Technical analysts are now considering the worst possible scenario for the DeFi giant. A pseudonymous DeFi trader known as Aaron, who created Tokenviz, says YFI is currently sitting on a major support area. “Here’s my worst […]
Well before the coronavirus pandemic, global economists expected a grim-looking American economy and during the last ten months of the Covid-19 outbreak, the U.S. financial system looks even worse. Economists and analysts say the biggest concern is the U.S. dollar faltering into the unknown, as a great number of distinguished individuals believe the USD will see a significant value decline in 2021. Moreover, renowned economist Stephen Roach thinks there’s more than a 50% chance the U.S. dollar could collapse by the end of next year. The U.S. dollar currency index (DXY) has continued....
Ethereum (ETH) has revisited yearly lows after losing the key $2,000 support, registering its worst performance in years. Some analysts forecasted another 15% drop if the trend continues but suggested that ETH could see a bullish end-of-year. Related Reading: Bitcoin’s Future Comes Down To This One Question, Says Bitwise Ethereum Hits 17-Month Low Ethereum experienced a 15% correction on Monday, falling from $2,150 to $1,810. ETH’s performance followed Bitcoin (BTC) and the rest of the market’s pullback, which saw the flagship crypto drop to $76,000 for the first time since the....
The stock market yesterday closed its worst single-day decline in nearly two months, causing the richest people in the world to lose over $14 billion in net worth. Bitcoin also pulled back yesterday, but as of this morning is already trading higher than before, while the S&P 500, the Dow Jones, and the Nasdaq continue to plunge. What’s causing this sudden divergence between the two vastly different asset classes that all this year have been […]
Following the tumultuous last couple of days that saw Bitcoin plunge to lows of $28,950, the market as a whole has proceeded to make a swift recovery, with a vast majority of the top-10 cryptos once again sitting in the green. And while that may be a regular day in the office for most crypto investors, an increasing number of analysts have been issuing warnings for individuals to brace for impact as the coming few […]