Analyst: $500 Likely Remains a Macro Bottom for Ethereum as Uptrend Falters

Ethereum has stalled after hitting the pivotal highs of $420 earlier this week. The coin now trades for $408, failing to break higher even as Bitcoin flirts with yet another breakout ahead of the weekly close. Despite the mixed price action, analysts think ETH remains in bullish standing. Ethereum Analysts Thinks the Uptrend Is Intact One crypto-asset analyst shared the chart below on October 25th. It shows that Ethereum remains in a consolidation below a […]

The XRP price fell as low as $2.0238 on Monday, potentially forming a local bottom. Since then, the XRP price is up almost 6%, however, the possibility of a deeper retracement remains. Two prominent chartists—CasiTrades (@CasiTrades) and Charting Guy (@ChartingGuy)—have shared their perspectives on whether the token has found its local bottom or if further downside might still be on the table. Is The XRP Price Bottom In? According to CasiTrades’ newly published chart, XRP appears to have tested the 0.786 Fibonacci retracement at $2.05 and is now showing bullish divergences across multiple....

The recent Bitcoin price rebound has reignited optimism, but not everyone is convinced the market has turned around. While price has shown signs of a breakout, a crypto analyst notes that BTC’s macro setup still resembles a typical bear market structure. The key question remains whether the recent upside move signals a true price bottom […]

Ethereum’s latest rebound has brought the $10,000 bull-market debate back into focus, but crypto analyst Kevin (Kev Capital TA) says ETH has not yet confirmed a higher-timeframe trend reversal. In a May 7 market update, the analyst argued that Ethereum remains trapped below major resistance until it can reclaim the $2,800 area and prove the move with a successful retest. The core of Kevin’s argument is simple: ETH has rallied from its local low near $1,700, but the move still resembles a counter-trend bounce rather than the beginning of a durable bull-market phase. He said market sentiment....

Following the market’s recent corrections, Aptos (APT) has revisited the lows of its Macro Range, hitting a six-month low at the start of February. According to an analyst, the cryptocurrency’s recovery and ongoing retests of this crucial level could lead to a rebound in the following months. Related Reading: Bitcoin Volatility ‘Relatively Low’ Despite Market Shakeouts – Analysts Eye This Crucial Level Aptos Recovers From 6-Month Low Aptos has recovered 24% from the recent market correction, which sent Bitcoin to $91,000 and most cryptocurrencies to monthly lows. On Sunday, the token....