Bitcoin, XRP Rebound as Bulls Fight Back: Is $BEST the Best Crypto to Buy Now?
What to Know: 1️⃣ Bitcoin’s rebound from extreme oversold RSI levels came with $206M in liquidations, signaling seller exhaustion rather than a confirmed trend reversal. 2️⃣ $XRP and especially $ZEC are leading the market bounce, with $ZEC up over 900% year-to-date as privacy-focused tokens outperform broader altcoin sectors. 3️⃣ Best Wallet Token underpins a non-custodial […]
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Bitcoin was back above $20,000 on Tuesday, as bulls seemingly moved in to buy following the recent dip in price. The token dropped to a multi-week low over the weekend, however prices have now risen in back-to-back sessions. Ethereum was also in the green, as prices briefly recaptured $1,600. Bitcoin Bitcoin (BTC) was trading higher for a second consecutive session, as the token rallied back above $20,000 following recent declines. BTC/USD dropped to a low of $19,600.79 on Sunday, however after two days of gains, prices reached a peak of $20,542.64 earlier today. This move sees bitcoin....
Chainlink’s price action has been all over the place throughout the past few weeks, with it first seeing a bout of capitulation that sent it to lows within the $7.00, before it was able to post a strong rebound that led it up to highs of $11.20. Unfortunately for LINK bulls, the cryptocurrency has not […]
Bitcoin’s price is approaching a critical line, where the following direction of the trend is likely to be decided. Is it a rebound or a turn? Bitcoin’s price is in a rebound toward the downward trend. The fact that Bitcoin’s price didn’t fall lower and faster indicates that the bulls are holding it at the current level. There is always a chance for a turn. But for a more certain signal, this downward movement has to become a rebound, instead of the first downward wave. In that case, the bulls will win the advantage. The buyers will then have to fortify at the level of $418-19, thus....
XRP is showing promising signs of recovery as it bounces back strongly, fueled by renewed bullish momentum. After facing periods of downward pressure, the cryptocurrency is now gaining traction, signaling a potential shift in market sentiment. This rebound has sparked optimism among traders, with many eyeing critical resistance levels that could unlock further gains if breached. The recent surge highlights the resilience of buyers, who appear determined to reclaim control of the market. If the bulls can sustain this momentum, XRP could rally to higher levels, positioning itself for a....
Dogecoin has continued to enjoy continuous support even through the bear market. The meme coin is still in the top 10 largest cryptocurrencies by market cap and has pushed through what seemed like impossible odds in a bear market. DOGE has refused to back out of the fight, growing its community at a time when […]