The cryptocurrency market is ablaze with optimism as investment funds experience a surge in inflows, marking a historic milestone. Reports from CoinShares, a prominent digital asset management firm, indicate that the market witnessed an unprecedented $2 billion influx into crypto funds within just one week. This surge eclipses the entire net inflows for the month
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The XRP price has been struggling to recover above the $0.5050 resistance zone, leading to a downward movement with the potential to gain bearish momentum below the $0.480 support. Despite attempts to climb above $0.500 and the 100-hourly Simple Moving Average, XRP is facing challenges in maintaining a positive trend. A significant development was the
Crypto analyst Chad Steingraber has recently made a bold price prediction for XRP, stating that the price of the crypto token could potentially rise to three figures. In a post on X (formerly Twitter), Steingraber suggested that XRP could reach $250 by the year 2025, marking what he believes will be the market top for
Tron price is displaying a strong uptrend, surpassing the $0.1150 resistance level against the US Dollar. TRX is currently outperforming Bitcoin, hinting at potential further gains above $0.1180. The price is above $0.1155 and the 100-hourly simple moving average, demonstrating a positive outlook for TRX. A key bullish trend line has formed with support at
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Ripple has once again stirred concerns within the XRP community due to its recent XRP sale. This action has come at a time when the price of XRP has been struggling, portraying a bearish outlook for the cryptocurrency. The on-chain data reveals that Ripple sold 150 million XRP tokens, equivalent to $78 million, on June
The recent stagnation in the Bitcoin price, hovering around the $71,000 mark, has left investors in a state of uncertainty. This period of indecisiveness often precedes a significant market movement, but predicting the direction of that movement is a challenging task. Crypto analyst Alan Santana has delved into the Bitcoin chart to offer his perspective
Bitcoin, the market leader in the cryptocurrency space, has faced significant obstacles in achieving the anticipated price surge to $100,000. According to Charles Edwards, founder of Capriole Investments, one of the primary factors hindering this milestone is the sale of Bitcoin by long-term holders. His analysis reveals a decline in wallets holding Bitcoin for over
The world of cryptocurrency is constantly evolving, with various factors influencing the price movements of assets like Bitcoin. One such factor that has been gaining attention recently is global liquidity. According to Philip Swift, the founder of LookIntoBitcoin, global liquidity has reached a new all-time high (ATH), indicating a potential rise in Bitcoin’s price during
In recent analyses of the XRP price chart, several crypto analysts have pointed out bullish patterns and potential price targets for the cryptocurrency. These predictions range from a rise to $0.75 to massive breakouts to even $80. Let’s delve deeper into these claims and assess the validity and likelihood of such scenarios. One crypto analyst,
