XRP Price Has Surged 15% Anytime This Metric Appeared In The Past
Analysts note that the XRP price is showing unusual resilience, as a key metric previously seen before short-term rebounds reappears on its chart. In a new technical analysis, crypto market expert Dom points out that the latest market setup mirrors conditions that have led to at least a 10% surge each time this pattern emerges. Recurring Metric Signals 10% XRP Price Surge In an X post released while XRP was still trading around $2.19, Dom highlighted a familiar technical signal, noting that past appearances of a bid-skew metric on the chart have consistently led to sharp price....
Related News
Bitcoin has seen an immense rally over the past few weeks, rallying as high as $14,100. Bitcoin remains up 25% in the past two weeks. Analysts think that BTC is poised to rocket even higher in the weeks ahead despite a failure to establish $14,000 as support. The cryptocurrency’s 200-day moving average recently set a new all-time high after doing so in May or June of 2018. This bullish signal was last seen in 2016, […]
Data shows the Ethereum open interest has surged up to near all-time high values as the ETH 2.0 merge comes closer. Ethereum Open Interest Has Sharply Risen Up Recently As per the latest weekly report from Arcane Research, the ETH open interest in futures and perps has surged up to 4.2 million ETH in recent days. The “open interest” is an indicator that measures the total amount of Ethereum futures and perps contracts currently open in the market (denominated in ETH). The metric includes both shorts and longs. When the value of this indicator is high, it means a large number of....
Ethereum price maintained its bullish tone against the US Dollar and Bitcoin. ETH/USD now looks set for further gains may be towards $12.00. Key Highlights. ETH price surged past more resistances against the US Dollar and traded above the $11.10 resistance. There is a new tiny connecting bullish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD, which may act as a support on the downside. The price may continue to gain pace, and could even head higher towards the $12.00 handle. Ethereum Price Upside Surge. There was no stopping the ETH buyers, as the ETH price surged past....
Yearn.finance (YFI) has surged higher in the past 24 hours despite stagnation in the price of Bitcoin and Ethereum. The leading cryptocurrency, which is in the top 30 by market capitalization, is up 20% in the past 24 hours, having moved from around $25,000 to $29,000 as of this article’s writing. It is one of […]
Dogecoin and Shiba Inu have had similar price action in the past few weeks, but their respective holders have had different things to discuss. As two of the most popular meme coins, Dogecoin and Shiba Inu seem pretty similar at first glance. Particularly, their price movements in the past few weeks have left many holders disappointed amidst a wider decline among top cryptocurrencies. However, on-chain data suggests SHIB holders might be feeling the heat the most, as the number of addresses in losses has surged recently to almost half of the total addresses. Comparing Dogecoin And Shiba....