The XRP price has recently entered into a consolidation phase after experiencing a significant surge in mid-October to early November. However, a closer look at the 1-month chart reveals an interesting anomaly. Crypto analyst Egrag has identified a rare pattern in the XRP monthly price chart – a series of three consecutive green candles. This
Bitcoin
Bitcoin (BTC) has been the topic of numerous debates and predictions in the crypto community, and the latest bold claim comes from the controversial Stock-to-Flow (S2F) model creator, PlanB. In a recent statement, PlanB stated that Bitcoin would never drop below the $35,000 threshold again, capturing the attention of many. Although this prediction goes against
A recent analysis conducted by crypto expert CryptoCon has pointed towards a bullish outlook for Bitcoin, suggesting a potential rally to $48,000 by early January. The analysis focuses on the Ichimoku Cloud indicator, a comprehensive tool that provides insights into market momentum, trend direction, and support and resistance levels. According to CryptoCon, the Weekly Ichimoku
Solana, the popular cryptocurrency, experienced a significant rally as its price surged above the $65 resistance level against the US Dollar. This upward move was met with excitement by investors who were optimistic about the future of SOL. However, as with any investment, the bullish momentum was short-lived, and the price is now facing a
In the ever-evolving world of Bitcoin mining, the difficulty metric has reached unprecedented levels in 2023. At block height 818,496, the Bitcoin network underwent a notable adjustment, resulting in a staggering 5.07% increase in mining difficulty. This remarkable surge propelled the metric to a new all-time high of 67.96 T. The mining difficulty of Bitcoin
Bitcoin, the world’s most popular cryptocurrency, has experienced substantial growth in price performance this year. With the cryptocurrency currently up over 125% in 2023, many analysts, including the well-known crypto analyst PlanB, believe that this upward trend will continue. Based on his analysis of Bitcoin’s realized price, PlanB suggests that we might be nearing the
Shiba Inu (SHIB) burn tracker, Shibburn, has recently raised concerns about the creator of the meme coin, who goes by the pseudonym “Ryoshi”. The community project has alleged that Ryoshi’s actions are not in the best interest of the SHIB ecosystem. These allegations highlight potential dishonesty and greed that may have hindered the growth of
XRP price recently underwent a downside correction and tested the $0.572 level. However, the price is now experiencing an upward movement and could potentially gain bullish momentum if it manages to clear the $0.642 resistance zone. XRP’s Decline and Support Levels After facing rejection near the $0.740 zone, XRP initiated a fresh decline, slipping below
Bitcoin, the largest cryptocurrency in the market, has faced another setback in its journey towards reaching the $38,000 level. With a 3% pullback, many in the community are speculating that a significant retracement might take place before the bullish momentum resumes and the next uptrend begins. Renowned crypto analyst Adrian Zdużyć has shed some light
Ethereum price has shown signs of strength recently as it started a fresh increase above the $1,950 resistance level. This upward momentum has allowed ETH to consolidate above $2,000 and the 100-hourly Simple Moving Average. One notable move for Ethereum was the break above a major bearish trend line with resistance near $2,010 on the
