XRP Price Cross That Led To 20x Rally In 2017 Returns
XRP has started May with a choppy price action between the lower and upper ends of $2.195 and $2.25, respectively, in the past three days. Although XRP has spent the majority of the past two months correcting from the peak price of $3.3 in January, its 2-month candlestick is showing a strong green body, a sign that bulls are still in control in the higher timeframes despite the fluctuations on the lower timeframes. Related Reading: Code Wars: Cardano Claims The Crown From Ethereum In Core Development Interestingly, a precise signal that hasn’t appeared since XRP’s historic 2017 rally....
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The XRP price is seeing another triangle formation on its chart that could point to an impending rally. One important fact about this triangle formation is the fact that it led to a significant rally seven years ago, and if history repeats itself, then XRP may be set for a bullish wave. XRP Triangle Formation Signals Bullish Continuation In an analysis on TradingView, crypto analyst TradingShot pointed out that the XRP price is seeing another triangle formation. This formation comes from the culmination of a number of indicators, all of which have become bullish during this time. Related....
Crypto analyst Master Kenobi has drawn a similarity between the current Dogecoin price action and that of the 2017 bull run. Based on this similarity, the analyst suggested that the foremost meme coin could soon witness a major rally like it did in the 2017 bull run. Dogecoin Price Could Rally Based On Similarity With […]
The price of Bitcoin rose to $20,000 in 2017 and crashed. According to Glassnode, the same top signal has emerged, but feels different this time for several reasons. In 2017, the price of Bitcoin (BTC) reached as high as $20,000 before crashing rapidly. Now, the same on-chain top signal has reemerged, according to researchers at Glassnode. But besides much stronger fundamentals this time around, the ongoing rally feels significantly different for other reasons.Bitcoin typically pulls back when whales take profit, causing a ripple effect throughout the cryptocurrency market. As such, when....
XRP is gearing up for a surge to $120, according to popular crypto analyst EGRAG CRYPTO. Taking to social media platform X, the analyst shared a fresh chart detailing a bullish outlook for XRP, suggesting that the cryptocurrency is retracing a path similar to its explosive 2017 rally. This time, however, the trajectory could be even more dramatic, as the chart accompanying his post outlines a long-term Elliott Wave formation that points first to $27 and eventually to a staggering $120 price tag. Echoes of 2017: XRP Retracing Cycle That Took Price To All-Time High The 2017 bull cycle is....
Cardano has proven to be an exciting crypto project, yielding investors high returns. But the crypto market crash has made some Cardano investors bearish. Tamadoge is a new NFT game that investors are bullish on because of its utility and rewards. Can Cardano Drop Lower? Crypto bear markets can be brutal, and Cardano (ADA) investors watched the coin lose 87% of its value after reaching an all-time high of $3 in August 2021. But many investors are wondering, can ADA go lower? Cardano Rallies ADA has provided investors with 7,000% returns because of a rally that started at the end of 2017....