Technical Analysis

Ripple’s XRP has shown resilience in the face of negative market conditions, with a 1% increase in price in the past 24 hours and a 3% increase over the week. This upward trend stands in contrast to the performance of other major cryptocurrencies such as Bitcoin, Ethereum, and Binance Coin, which have seen a dip
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The current state of the Ethereum market shows some weakness, with prices tumbling approximately 15% from March 2024. However, despite this downward pressure, on-chain data points to a more bullish sentiment. One key factor contributing to this positive outlook is the increased demand for ETH from permanent holders, who are most likely institutions with deeper
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Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently experienced a significant price movement below the 4-hour Simple Moving Average (SMA). This development holds significance for traders and investors alike, as it can provide insights into short-term market sentiment and momentum. Beyond technical analysis, factors such as broader market conditions, investor behavior, and fundamental
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XRP has been hovering around the $0.52 mark recently, leading some analysts to predict a potential rise to $0.70 this summer. One analyst, DustyBC Crypto, highlighted XRP’s progress over the past year and suggested that an uptick towards $0.70 could be on the horizon. Another analyst, Blockchainedbb, pointed out that XRP has been in a
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Ethereum, the second-largest cryptocurrency by market capitalization, is currently positioned at a critical juncture, with predictions of a potential breakout. Prominent crypto analyst Jelle recently highlighted that Ethereum is approaching the end of a falling wedge pattern, typically interpreted as a bullish signal in technical analysis. As Ethereum recently regained its 100-day Exponential Moving Average
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