The Ethereum price recently faced a pullback from the strong resistance level at $2,680. This decline has put ETH at risk of further downside if it does not manage to hold above $2,550. The price is currently trading below both $2,650 and the 100-hourly Simple Moving Average, indicating a bearish trend in the short term.
Analysis
The recent market volatility has sparked a wave of optimism among investors and traders regarding major cryptocurrencies like XRP. Xaif, a well-known crypto expert and trader, has made a bold prediction about XRP’s future price action. According to Xaif, XRP is preparing for a significant breakout, with a target price set at $150 in the
Aayush Jindal has established himself as a prominent figure in the financial markets, showcasing his prowess in Forex and cryptocurrency trading over a span of 15 years. His journey towards becoming a trusted advisor and senior market expert has been fueled by a deep-rooted curiosity for understanding market dynamics and deciphering complex systems. With a
Recent trading activities in the cryptocurrency market have raised concerns as PEPE’s price falls below the critical $0.00000766 support level. This dip indicates a shift in market sentiment, with bears gaining control and eyeing further downside towards the $00000589. The break below this key level has prompted traders to evaluate the likelihood of deeper losses
Samuel Edyme, also known by his nickname HIM-buktu, is a unique individual in the world of web3 content writing, journalism, and trading. His path to success was anything but traditional. Rather than starting out with a successful investment, Edyme found himself pulled into the world of crypto through a Ponzi scheme. Instead of giving up
Crypto analyst Amonyx recently made an ultra bullish price prediction for XRP, stating that the crypto token could potentially reach double digits in the future. Despite XRP’s ongoing underperformance in the market, the analyst believes that a massive price surge could be on the horizon. In a social media post, Amonyx mentioned the concept of
In a recent analysis by crypto analyst Javon Marks, a bold price forecast was issued for XRP, the native token of the XRP Ledger. Marks suggested that the price of XRP could potentially experience a massive 42,000% breakout, pushing it beyond the $250 mark. This prediction has sparked mixed reactions within the crypto community, with
Bitcoin has once again faced challenges in breaking through the $61,500 resistance zone, resulting in a fresh decline towards the $58,000 support level. This recent struggle highlights the volatility and unpredictability of the cryptocurrency market. Analyzing the hourly chart of the BTC/USD pair from Kraken, it is evident that Bitcoin failed to settle above the
Aayush Jindal is a master of financial markets, with over 15 years of experience in Forex and cryptocurrency trading. Known for his exceptional technical analysis skills, Aayush serves as a trusted advisor and senior market expert to investors globally. From a young age, Aayush demonstrated a knack for understanding complex systems and patterns, setting him
Growing up in Edo State, Nigeria, alongside my three siblings has been instrumental in shaping my character and worldview. My parents, who have been my unwavering rock throughout my life, have instilled in me values of perseverance and resilience. Their unwavering support in both good and bad times has provided me with a sense of