XRP Sees Massive Retrace, But Analysts Remain Optimistic
XRP has been on a roller-coaster of a ride throughout the past few days and weeks, with the crypto randomly breaking out of a multi-year trading channel earlier this week that allowed its price to ascend as high as $0.90 on some exchanges. The selling pressure here was significant, with many long-term holders using the […]
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Ethereum (ETH) has seen an over 10% correction from the New Year highs amid the market retrace, recently falling below the $3,300 support. Despite the ongoing pullback, some analysts remain optimistic about ETH’s Q1 performance, suggesting new highs are around the corner. Related Reading: Bitcoin Eyes Potential Rebound To $98,600, But Analyst Suggests Caution Ethereum Forming Bullish Pattern Ethereum shredded its New Year gains today after falling below the $3,320 mark. Following the market retrace, the second-largest cryptocurrency by market capitalization saw a 14% drop from its Monday....
Bitcoin has dropped dramatically from the $16,000 highs, falling as low as $14,300 this weekend. Analysts remain optimistic that the cryptocurrency is set to resume its uptrend in the days and weeks ahead. One trader went as far as to say that the asset could move towards $17,000 or even $18,000 as the trends of this market remain positive. Bitcoin Could Soon Hit $17,000, Analysts Say Bitcoin has dropped dramatically from the $16,000 highs, falling […]
Bitcoin has once again begun to thrust higher despite uncertainty in traditional markets. The coin currently trades for $16,450 as of this article’s writing. Analysts fear that a retracement is likely as on-chain trends and technical trends seem to have begun to favor bears. Bitcoin Could Retrace Soon, Analysts Say Bitcoin has once again begun to thrust higher despite uncertainty in traditional markets. After a day of 1% losses for leading U.S. stock indices, Bitcoin […]
Charles Hoskinson has affirmed that Cardano (ADA) will steal the crypto spotlight as the altcoin attempts to hold a crucial level as support. Some analysts believe the cryptocurrency is preparing for a massive rally in the coming months. Related Reading: SUI Breakout In The Horizon? Price Eyes $4 Retest As Momentum Builds ADA Holds Key Support Zone Following Thursday’s market rally, Cardano has seen its price retrace 4% in the last 24 hours, failing to reclaim the range high for the second time over the past week. The altcoin has been trading between $0.72-$0.96 since July, hitting a local....
The time for optimistic predictions about the Bitcoin price reaching a new record is swiftly running out. Many analysts initially predicted that the market’s leading cryptocurrency would achieve a milestone of $200,000 this year. However, as time progresses, these forecasts are being adjusted, with some traders on crypto prediction platforms lowering their price targets. Despite this, the potential for new all-time highs (ATHs) still lingers for the remainder of the year. Historical Data Points To New Records In Q4 Recently, the Bitcoin price once again surged past the significant....