Expect Bitcoin to Break $14,000 Once Altcoin Bleeding Ends: Analyst
It’s been a brutal past few days and weeks for altcoins despite Bitcoin’s strength. Top digital assets aside from BTC have plunged a handful of percent, even dozens of percent, against the U.S. dollar, even as Bitcoin hits new year-to-date highs. This divergence has shocked many investors in the space, especially those that entered the […]
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The XRP price has been one of the best altcoin performers over the last few months, going from below $0.6 to over $2.8 in this time period. Nevertheless, like the rest of the crypto market, the altcoin recently succumbed to bearish pressure, pushing it back toward $2. Despite this, the XRP price has continued to show strength, and recent developments on the altcoin’s chart show that the bullish momentum is far from over. XRP Price Shows Bullish Continuation So far, the XRP price has been ranging in a tight channel as bulls have maintained a tight hold on the $2 support. A crypto analyst on....
Prices of XRP have taken a heavy hit in the past week as the altcoin struggled to find a local bottom. During this period, XRP lost 10.51% of its value and traded to as low as $2.06. Amid this bleeding market, popular technical analyst Egrag Crypto has hinted at a potential bullish reversal hinged on […]
Crypto analyst Ben Gray has asserted that the Ethereum price is bullish and revealed the price range that the leading altcoin is targeting. However, ETH is set to face major resistance at $2,100, a level which it needs to break out from as it targets new highs. Ethereum Price Faces Major Resistance At $2,100 In a TradingView post, Ben Gray revealed that the Ethereum price is facing a key resistance level at $2,160 even as it eyes a rally to new highs. Despite this development, the analyst asserted that ETH’s market is bullish. While noting that the leading altcoin is fluctuating between....
ETH traders hint that the bull market could be back after Ethereum price hit $3,000 for the first time in 79 days. This week Ethereum's London hardfork was completed without a hiccup and investors have now reset their eyes on new highs above $3,100.Data from Cointelegraph Markets Pro and TradingView shows that the price of Ether (ETH) did in fact experience a “sell the news” sell-off shortly after London went live but dip buyers quickly rushed in and pushed its price back above $2,800, its highest level since June 7. This bullish momentum extended further after Bitcoin price surged above....
Altcoins have been on a real tear for months, but Jarvis Labs analyst Ben Lilly says we’re not in an "alt season" just yet. Few traders would argue against the fact that Bitcoin (BTC) is in a bull market, but there is less consensus on whether the market is in the midst of an "altcoin season." A quick view of Crypto Twitter shows the schism between traders who are certain we are halfway through alt season and those who believe it has yet to begin.Typically, traders rely on a wide swath of indicators and metrics, like Bitcoin’s total market capitalization versus the total altcoin market....