XRP Set To Explode—But Only After This Plunge, Analyst Says
XRP may be on the verge of a major upside breakout—but only after what crypto analyst Quantum Ascent describes as a necessary and temporary correction. In a new video analysis published on May 28, the seasoned trader warned that a drop toward the $2.13 level appears increasingly likely, but emphasized that such a move fits within a larger bullish Elliott Wave structure and would not invalidate the macro setup. XRP Set To Plunge Before Exploding Higher? “I said $2.71 was on deck—and we hit $2.66,” Quantum Ascent recalled, referencing a prediction made earlier in May. “I was five cents off.....
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The XRP price crossing the $10 mark into the double-digit territory remains a widespread school of thought, and crypto analysts have, at different points, shared analyses that seem to support this notion. Most especially, since the XRP price broke the $3 mark and is now holding support above $2, it has given fuel to these expectations. One crypto analyst takes it a step further by giving a close timeline for when XRP could break above $20. 4 Reasons Why The XRP Price Could Rally Crypto analyst and XRP advocate, Diana on X (formerly Twitter), put forward a total of five different reasons....
Ethereum was struck hard by the plunge seen yesterday evening by the aggregated crypto market After setting fresh 2020 highs of $495 alongside BTC’s push towards $19,000, the cryptocurrency saw a rapid and unrelenting plunge that sent it to lows of $450 on some trading platforms This 10% decline occurred over the course of a few minutes and sent shockwaves throughout the entire market It has since recovered from these lows and is now consolidating […]
Bitcoin saw a massive rally yesterday evening that allowed it to set fresh all-time highs above $29,000 The cryptocurrency did meet some serious selling pressure here that slowed its ascent and caused it to decline back down towards $28,000 It does appear to be finding some support here, but it remains unclear as to how long it will last for One analyst spoke about this in a recent tweet, noting that he is preparing for […]
It is no secret that many cryptos have been experiencing a price plunge. As of June 18, the price of the world’s largest digital currency, Bitcoin, fell to about $17,622. This data was taken from Binance. Since then, there have been several conversations as to whether or not that price will be the lowest for the asset. A digital currency analyst from CryptoQuant has revealed the possible price of Bitcoin in the nearest future. CryptoQuant is a recognized digital currency resource platform. According to the analyst, the $17,622 price mark may not be the lowest Bitcoin will see.....
Recent analytical insights from JB, a crypto analyst from the Cheeky Crypto YouTube channel, suggest that Cardano (ADA) one of the leading altcoins in the crypto market might face a plunge before any potential resurgence. Anticipating A Downward Trend According to JB’s analysis, Cardano is possibly on the brink of a price dip. Following the cryptocurrency’s recent pullback, which was exacerbated by the unfounded news about a Bitcoin ETF approval, JB predicts ADA’s price could slide to a range between $0.2296 and $0.2185 before any possible upward reversal. Related....