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TL;DRIs It Time for $1?Cardano’s native token has followed the overall resurgence of the cryptocurrency sector in the past several weeks. It pumped to as high as $0.85 on May 12 before retracing to the current $0.78 (per CoinGecko’s data), which represents a 30% increase on a monthly scale.According…
Ethereum has extended its bullish rally, rising sharply toward a critical multi-timeframe resistance zone. The asset is showing strong momentum, but it’s now approaching a confluence of technical barriers that could either trigger a continuation breakout or a healthy retracement.Technical Analysis T…
Ethereum has experienced a notable surge in the past few weeks, reaching a crucial resistance region at the $2.6K level. However, the confluence of key resistance factors at this range suggests a likely consolidation before the next major move.Technical Analysis The Daily ChartETH has been in a stro…
Following a week of anticipation and building hype, the US and China delegates finally met in Geneva, Switzerland, to discuss a potential trade deal.Although the initial statements from both countries are positive in terms of reaching a mutual understanding, the crypto market has reacted with a mino…
Ethereum (ETH) plunged into territory not seen since 2019 before it posted a substantial recovery in the past few days. However, it’s still trading at a steep discount to Bitcoin (BTC).According to the latest weekly report from on-chain analytics platform CryptoQuant, the ETH/BTC MVRV ratio, which m…
Bitcoin kicked off the second week of May with a powerful continuation move, breaking through key resistance levels and climbing to fresh local highs. While the rally has been rapid, and the current technical signals suggest there’s still gas left in the tank, caution is still warranted.The Daily Ch…
Ripple is on the verge of breaking above a crucial resistance at the wedge’s upper boundary of $2.5. A successful breakout could trigger a fresh rally toward the $3 threshold.XRP Analysis The Daily ChartFollowing an influx of buyers at the key 200-day moving average support near $2.1, XRP has surged…
By being pre-programmed to have only 21 million bitcoins ever to exist, the largest cryptocurrency’s model is not, by definition, deflationary. After all, new BTC is mined every day, and none is being destroyed in the traditional sense of the word, which is the opposite of deflationary.However, Cryp…
Conor McGregor, the 36-year-old UFC legend with 22 wins and 6 losses, has urged his homeland to become a crypto hub by implementing a digital asset reserve.He asserted that crypto in its origin was “founded to give power back to the people,” and noted that he will co-host a Twitter (X) space to “tal…
After a period of muted price action and consolidation, Ripple has found support at the 100-day moving average, triggering a modest bullish rebound.However, the price remains confined between the 100 and 200-day MAs, making a decisive breakout essential for initiating a strong rally.XRP AnalysisBy S…
The broader cryptocurrency market has charted a notable increase over the past hours following an announcement from the US president about a “major trade deal” expected to be announced tomorrow.BTC, ETH, XRP, Altcoins GainAs CryptoPotatoreported, Bitcoin’s price is seemingly aimed for the important …
The US Federal Reserve has remained true to its recent monetary policy by maintaining the key interest rates at the same levels of 4.25% to 4.5%.Bitcoin’s price slipped by around a grand immediately after the announcement went live, but the impact is expected to be minimal in the following days.Toda…