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XRP's price plummeted by 43%, wiping out weeks worth of gains. Just the most recent daily candle has created a vicious knife that is 30% downward, indicating extreme volatility and panic selling. Will whales buy the dip as XRP falls toward important support levels, or is this the start of a more sev…
Shiba Inu is experiencing one of its biggest declines in recent history due to a dramatic sell-off. The token's technical structure has shattered as it has fallen below the pivotal 200-day EMA. In keeping with the pessimistic outlook, SHIB has seen a dramatic drop in investor confidence and market a…
Bitcoin’s price has once again failed to break above the $108K resistance level, as the crypto market is correcting going into the new week.Technical AnalysisBy Edris Derakhshi (TradingRage)The Daily ChartOn the daily chart, it is evident that the asset has once again failed to close above the $108K…
The prices of the majority of the coins are going up today, according to CoinStats.CoinStats">The rate of SHIB has declined by 1.10% over the last 24 hours.TradingView">On the hourly chart, the price of SHIB is more bearish than bullish.If the rate does not return above $0.000020 soon, one may witne…
Ethereum has been consolidating in a tight price range for several months, trading between $3,200 and $3,500. Despite the broader market’s recent upward movement, ETH still struggles to break out of this range.This stagnation comes after a prolonged decline from its all-time high of $4,800, recorded…
Amid Bitcoin’s ongoing upward momentum in price, a key on-chain Bitcoin metric has been observed that offers clues about the market’s next direction.This notable indicator known as the Short-Term Holder Spent Output Profit Ratio (STH SOPR) which reveals the behavior of Short-Term Holders (STHs) has …
Bitcoin recently achieved a new all-time high, climbing above $109,000 and continuing its strong upward momentum. This performance has further highlighted the disparity between Bitcoin and Ethereum’s price trajectories, with Ethereum underperforming in recent months.While Bitcoin has captured attent…
The market is mostly bearish on the last day of the week, according to CoinMarketCap.CoinMarketCap">The rate of Litecoin (LTC) has fallen by 5.15% over the last 24 hours.TradingView">On the hourly chart, the price LTC is far from the support and resistance levels. As most of the daily ATR has been p…
With notable increases in price and on-chain metrics, XRP has made a remarkable comeback. With the XRP payment volume between accounts reaching 1.5 billion in a notable surge as shown in the provided charts, the asset's recent performance is drawing attention.As transaction activity rises, this incr…
Bitcoin (BTC) has shown notable recovery since this week began, climbing back above $100,000 and now trading at $104,430. This upward move represents a 4.9% daily gain and more than a 10% increase over the past week.Analysts have been examining this rally closely, noting that it mirrors patterns obs…
The pressing question on crypto traders' minds is: Has bitcoin's price weakness run its course, or is there more to come?The former appears to be the case as Monday's price action, characterized by a swift recovery from intraday lows, contrasted with mid-December when the rally stalled and turned l…
On the daily chart, Shiba Inu seems to be forming a head-and-shoulders pattern, which is a bearish reversal indicator that frequently indicates possible downside in the future. There are three peaks in this formation with the middle peak (the head) being higher than the two side peaks (the shoulders…