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
Analysis
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
As of now, the price of Dogecoin is seeing a rise above the $0.160 resistance zone against the US Dollar. It is trading above the $0.160 level and the 100-hourly simple moving average. There is also a key bullish trend line forming with support near $0.160 on the hourly chart of the DOGE/USD pair. If
In a market where several cryptocurrencies are hitting new all-time highs and experiencing strong bullish momentum, XRP seems to remain in a consolidation phase. However, recent positive developments and announcements surrounding Ripple have sparked speculation about a potential massive uptrend for the XRP price. Ripple’s recent partnership with Clear Junction, a global provider of cross-border
BNB (BNB) has recently broken out of a consolidation area, signaling a potential significant upward trend in the market. The token’s rise beyond the $700 mark indicates a strong market recovery, with traders and investors becoming more optimistic. In the last 24 hours, BNB has seen a noticeable 12% increase, continuing its strong trend from
The UNI price has seen a significant increase, breaking above the $10.50 resistance level. This surge in value has garnered attention as Uniswap shows positive signs of continued growth, with a potential target set above the $12.00 resistance mark. The recent upward trend is a promising development for UNI. Following a period of stabilization above
Bitcoin price has recently seen a positive momentum, starting a fresh increase above the $70,000 resistance level. This surge in price has sparked optimism among investors, with expectations of BTC rising further above the $72,000 resistance in the near term. Bullish Trend Line and Key Support Levels One of the key indicators for Bitcoin’s price
XRP price has been slowly moving higher above the $0.5120 zone, showing signs of a potential upward trend. With the price now trading above $0.520 and the 100-hourly Simple Moving Average, there is a possibility of a major increase if there is a close above the $0.5320 resistance zone. There is a connecting bullish trend
Binance Coin (BNB), the native token of the world’s largest cryptocurrency exchange, has experienced a notable surge of 7% within the past 24 hours. This upward movement reflects the overall positive trend in the market and places BNB ahead of the top five cryptocurrencies in terms of performance. Renowned market expert “Sheldon The Sniper” believes
