Solana (SOL) has been facing a tough time in the market as it continues to extend losses below the critical support level of $150. Despite some attempts at recovery, the price is struggling to make significant gains and is currently consolidating around the $152.50 resistance zone. This sideways movement suggests that the token might be
Analysis
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
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
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
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,
As of now, Polkadot (DOT) is experiencing a slight decline of -0.13%, trading at approximately $7.13. The cryptocurrency has a market capitalization exceeding $10 billion and a trading volume surpassing $153 million. Despite a decrease of 0.39% in market capitalization, the trading volume has increased by 0.34% within the last day. Analyzing the 4-hour and
Recently, Ethereum experienced a downside correction after failing to clear the $3,880 resistance level. This led to a drop in price below $3,840 and the 100-hourly Simple Moving Average. Additionally, a key bullish trend line with support near $3,830 was broken on the hourly chart of ETH/USD, indicating a bearish sentiment in the market. As
XRP price recently faced a setback as it failed to sustain its upward momentum near the $0.5320 resistance zone. This led to a downside correction with the price now testing the $0.5180 support level and potentially even reaching the $0.5120 support zone. The bears appeared after the price spiked above $0.5300 and formed a high
XRP price has been slowly inching higher above the $0.5200 zone, facing resistance near $0.5320 and possibly correcting lower in the coming days. Despite attempting a fresh increase above the $0.5250 zone, the price is now hovering above $0.5220 and the 100-hourly Simple Moving Average. However, there was a concerning break below a key bullish
