Bulls Vs Bears: XRP Price Gears Up For Big Squeeze, Which Side Will Prevail?
The XRP price has experienced a lot of volatility in the first two weeks of October, in contrast with previous months. This trend will continue as a critical metric hint at a potential “short squeeze,” a price move set to take liquidity from long or short positions. Related Reading: XRP Price Retest: A Prelude To A Stunning Surge To $2, Predicts Expert As of this writing, the XRP price trades at $0.48 with a 2% loss in the last 24 hours. The cryptocurrency recorded a 9% loss in the previous seven days and operated as the worst performer in the top 10 by market cap, closely followed by....
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A meticulous analysis of the XRP/USD trading pair by renowned crypto analyst, Jaydee, has shed light on some compelling technical patterns and indicators. With the crypto community eagerly anticipating XRP’s next major move, Jaydee offers insights that hint at two critical price thresholds before a potential rally toward $5. What’s Next For The XRP Price? The analyst today shared the following 1-week chart of XRP and explained: “XRP – PATIENCE & ignoring the news is key! Let’s take a step back and look at a more macro view! Though short term may look scary (even w/all....
During the trial of Sam Bankman-Fried, the founder of crypto exchange FTX, shocking revelations emerged from the testimony of former Alameda Research CEO Caroline Ellison. According to a TechCrunch report, Ellison testified that the crypto trading firm paid Chinese officials to unlock their Alameda trading accounts on OKX and Huobi in China. Judge Lewis Kaplan clarified that Bankman-Fried was not charged with bribery in this case. Still, the evidence was presented to demonstrate trust, confidence, and motive between Bankman-Fried and Ellison. Alameda Research Former CEO Exposes Hidden....
Telegram’s partner, the Open Network (TON) Foundation, in partnership with Alibaba Cloud, has announced plans to set up 256 servers for a performance testing event scheduled for October 31, 2023. Per the announcement, the objective of this event is to officially establish the TON blockchain as the world’s fastest blockchain to earn accreditation from the Guinness World Records. TON’s Upcoming Performance Test According to a report by Yahoo Finance, the TON blockchain has experienced significant growth since 2022, witnessing a 20-fold increase in addresses from 170,000 to 3.5....
Solana (SOL) is showing signs of a potential breakout on the 15-minute chart, as price action contracts into a tighter range. This volatility squeeze precedes a significant move, with market participants awaiting confirmation of direction. The consolidation phase has formed a recognizable breakout structure, with highs and lows converging, suggesting that pressure is building beneath […]
The Bitcoin price action over the last few months has been unpredictable. But one thing has been clear, and that is the fact that bears have remained firmly in control of the price action. From here, there are a number of ways that the Bitcoin price could play out, with most speculations pointing toward a possible recovery. However, there are levels that the Bitcoin price must maintain in order to actualize this recovery or risk losing ground to bears. Bitcoin Price Needs To Hold Above $60,000 Crypto Analyst Swallow Academy, in a recent analysis, showed that the $60,000 level has become....