Analyst Claims Sub-$10,000 Entries are “Gone Forever” as Bitcoin Rally Continues
It’s the end of an era for Bitcoin, with the benchmark cryptocurrency putting its recent multi-year bear market in the past as it moves to set fresh all-time highs. BTC is now pushing past $17,000, with its buyers shattering the selling pressure that existed at this level and now moving to spark an even further […]
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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 […]
The number of physical locations that accept bitcoin has rocketed, according to statistics from Coinmap.org's crowdsourced map. At the start of November, the number of entries on CoinMap stood at 552. This has nearly doubled to just over 1,000 current entries. The graph below, based on statistics collected by CoinMap contributor Rene-Lee Sylvain, shows the number of CoinMap entries from the end of October to 27th November. Graph showing entries on Coinmap.org. These statistics are based on the map's total number of entries, which is displayed publicly on the site. Sylvain said: "When I....
The XRP price continues to hold support above $2, which now serves as an important level for bulls. This continues as bullish sentiment is the order of the day, and the sellers seem to have run out of steam across the crypto market. With these developments, expectations for the XRP price have shot up significantly. Most especially among crypto analysts, who continue to predict that the altcoin is set for great things and could reach double-digits this bull cycle. XRP Price Still On Track For Mega Candle Crypto analyst Egrag Crypto has been very vocal on X (formerly Twitter) about the....
Crypto analyst SiDec has raised the possibility of the Solana price dropping to double digits. The analyst revealed major levels to watch for entries as market participants brace up for this massive crash. Major Levels To Watch As Solana Price Risks Drop To Double Digits In a TradingView post, SiDec highlighted the range between $136 and $143 as the major resistance zone for the Solana price. Meanwhile, he stated that between $102 and $98 is the next major support zone, indicating that SOL risks dropping to double digits soon if it fails to hold this support zone. Related Reading: Solana....
VeChain has been moving sideways during the past week, with more downside action than larger cryptocurrencies. While Bitcoin, Ethereum, and others have seen some gains, the price of VET continues to trend downwards. Related Reading | VeChain Records 7% Profits And It Could Outperform ETH, Here’s Why As of press time, VeChain trades at $0.048 with an 8.9% and 34% loss during the past two weeks and 30-days, respectively. However, the cryptocurrency could be sitting at crucial levels and poised for major price appreciation. Analyst Justin Bennett claims this upcoming VET’s price rally....