In a strategic shift from its stance on digital currency, Iran has decided to regulate the crypto industry instead of restricting it. The decision was announced by the Minister of Economic Affairs and Finance Abdolnaser Hemmati at a national event…
Category: Crypto Analysis
Solana Might Reach $295 Once It Breaks Key Supply Zone – Details
Solana (SOL) has captured significant attention in the crypto market after a series of volatile days that followed its breakout to a new all-time high on November 22. The asset, known for its speed and scalability, is now testing critical…
XRP Price Eases Gains: Eyes on The Critical $2 Threshold
XRP price failed to extend gains above the $2.40 zone. The price is down over 10% and might even decline toward the $2.00 support zone. XRP price started a downside correction from the $2.50 resistance zone. The price is now…
Is Bitcoin Entering a New Phase? Analysts Break Down Key Trends
So far, the Bitcoin market continues to demonstrate resilience as it maintains its price above the $90,000 price market despite various factors influencing its price movements. Amid this, a CryptoQuant analyst, aytekin466, recently shared insights into whether the cryptocurrency could…
XRP Slides After Failing To Reclaim $2.9, What’s Next For Bulls?
XRP’s upward momentum has taken a hit after the price failed to reclaim its previous high of $2.9, sparking a fresh decline that has resulted in the price dropping toward previous support levels. The rejection has raised questions about the strength…
Bitcoin Is ‘Highly Likely’ In A Supercycle: Expert Explains Why
Renowned macro analyst Alex Krüger posits that Bitcoin is “highly likely” in a supercycle. Krüger articulated his perspective via X, emphasizing the distinct trajectory Bitcoin is currently undertaking compared to previous market cycles. A Bitcoin supercycle is a theoretical phase…
Ethereum Price Struggles Beyond $4K: Will the Bulls Return?
Ethereum price corrected gains from the $4,080 resistance zone. ETH is now trading below $4,000 and showing some bearish signs. Ethereum started a downside correction from the $4,093 high. The price is trading above $3,920 and the 100-hourly Simple Moving…
XRP Price Shows Resilience: Holding Strong and Eyes Another Surge
XRP price remained in a positive zone above the $2.40 zone. The price is consolidating and might aim for a fresh increase above the $2.60 level. XRP price started a downside correction from the $2.65 resistance zone. The price is…
Large Ethereum Transactions Grow As ETH Breaks Yearly Highs
Ethereum (ETH) is making headlines as it trends toward the $4,100 mark, reaching a new yearly high of $4,096. This milestone, just $3 above the previous high set in March, signals a potential resurgence for the second-largest cryptocurrency by market…
Ethereum Surge Coming? Analyst Eyes $16,000 Milestone Within 2 Years
Ethereum (ETH) continues to spark bullish talk in the cryptoverse, as well known analysts see large price moves ahead. According to Venture Founder, Ethereum is forming a rising three-year triangle pattern, which could set the stage for a possible breakout.…