XRP Eyes $8.30 Target As Rare Chart Pattern Emerges From Prolonged Decline
A drop to 83 cents could be the setup XRP investors have been waiting for. Crypto analyst Egrag Crypto has identified a falling wedge structure in XRP’s price chart that spans nearly nine months, with the token trading around $1.30 after a prolonged slide. Based on the analysis, XRP may fall further before any significant…
Ethereum Eyes Macro Bottom As Key Level Comes Into Focus: Analyst
An interesting technical outlook frames the current Ethereum price action as a range-bound environment on the higher timeframe, where patience is going to dictate the next move. The Ethereum price action is now at a sensitive zone, and according to crypto analyst Minga, the path to a genuine cycle bottom requires one more leg down,…
Why XRP Supply Crashing On Coinbase Is A Good Thing For The Price
New reports reveal that XRP’s supply on Coinbase has crashed to historical lows as investors and community members appear to be boycotting the exchange following the recent delay in the CLARITY Act. On the one hand, the recent movement shows joint unity among XRP holders as they collectively exit exchanges in protest. On the other…
More Than 40% Of Altcoins Are Hitting Rock Bottom — And Experts Say It’s Worse Than The Last Crash
There are now over 47 million cryptocurrencies in existence. That number alone may explain a lot of what is happening to prices of altcoins right now. Altcoins: A Market Spread Too Thin Blockchain networks have become token factories. Solana hosts more than 22 million tokens. Base accounts for over 18 million more. BNB Smart Chain…
XRP Futures Market Keeps Resetting As Whales Accumulate Amid Mixed Signals
Long traders in XRP futures market have been repeatedly wiped out in recent weeks, even as large holders quietly add to their positions. Liquidations on Binance topped $2.5 million on March 18, followed by another $2.45 million four days later, and $2.15 million on March 26 — three sharp resets in less than two weeks…
WLD Slides To New Lows As World Foundation Offloads $65M
A massive token unlock scheduled for late July could make things worse. Thailand authorities raided an iris-scanning site tied to Sam Altman’s World project last October. That was trouble enough. Now the foundation behind the biometric identity platform is selling its own token at a fraction of what investors paid less than a year ago…
What The Solana Open Interest Is Saying About The Cryptocurrency Right Now
Solana’s derivatives market is signaling something the price chart doesn’t fully show—and it matters right now. According to a full year of buildup in the asset A Year’s Worth Of Leverage Is Gone According to CoinGlass, Solana’s open interest is currently around $5.45 billion, a level that stands far below the peaks seen during the…
Cardano Needs A 695% Jump To Hit $2 — One Trader Says It’s Possible In Under A Week
Cardano has been stuck below 30 cents for weeks, and its ranking among global cryptocurrencies has slipped to 12th place. Against that backdrop, a trader is now arguing the coin could still reach $2 — and sooner than most people think. The Math Behind The Claim The argument comes from Yesreel, a crypto trader with…
Bittensor (TAO) Rallies 35%, But Social Sentiment Stays Mixed
Bittensor has enjoyed a sharp surge of more than 35% over the past week, but data indicate the social media crowd is still not overly bullish toward the altcoin. Bittensor Has Broken Out With A Sharp Rally This Month While the wider digital assets sector has been stuck in a phase of consolidation recently, Bittensor…
Altcoin Trading Volumes Hit Multi-Month Lows, Market Interest Waning
Altcoin trading activity has continued to weaken across the crypto market, which is another sign of the current investor appetite for altcoins. New data shared by CryptoQuant analyst Darkfost shows spot trading volume on Binance and other major exchanges is now at extreme lows compared to levels seen during the crypto market’s more active phases…