Due to market volatility and Bitcoin (BTC) price fluctuations, identifying the best times to buy the pioneer cryptocurrency can be challenging. Taking this into consideration, a crypto analyst has pinpointed key price levels for investors to monitor for potential buying…
Category: Crypto Analysis
Stacks (STX) Drops 23%, But Recent Devs Might Slow The Trend
With the hostile market environment, Stacks (STX) has continued its downward spiral as bears mount the pressure. According to CoinGecko, the token is down nearly 23% since last week, worsened by the current correction phase the market has entered. The…
Ethereum Price Under Pressure: Here’s Why $3,000 Is A Critical Level
The Ethereum price has been under intense bearish pressure over the past few weeks, continuing in a downward spiral over the last seven-day period. This horrid run of form has persisted despite the recent launch of spot ETH ETFs. According…
Can XRP Rally 1,000X Despite The Drop Below $0.6?
A crypto analyst predicts that the price of XRP, the native token of the XRP Ledger (XRPL) could witness a 1,000X rally soon. Despite the recent significant decline in the cryptocurrency’s price, the analyst remains confident in the future outlook…
Morgan Stanley Authorizes Advisors To Offer Bitcoin ETF Products, Report
Morgan Stanley, one of the largest investment banks in the United States, has announced that it will soon allow its 15,000 financial advisors to offer Bitcoin ETF (exchange-traded fund) products to eligible clients. Interestingly, this is the first time a…
Will August Again Be A Drag For Bitcoin? Here’s What Historical Data Says
In the Bitcoin and the overall crypto market, August has long been observed as a quieter month, with historical data showing a consistent downturn in both activity and asset value during this time of the year. Coinbase’s analysis further highlights…
PEPE Bullish Trend Line Under Threat: $0.00000766 Level On Sight?
PEPE, one of the top meme coins in the crypto space, is currently at a crucial point as it approaches its long-standing bullish trend line. As the price draws near the bullish trend line, a break below it could signal…
Cardano Goes Toe-To-Toe With Ethereum As Whales Scoop Up 120 Million ADA
Cardano (ADA) is currently competing with Ethereum in terms of large transaction volume. This is undoubtedly a positive development for the ADA ecosystem, especially since it indicates a wave of accumulation among the token’s large holders. Cardano Matches Ethereum In…
XRP Price Slides 10% Amid Rising On-Chain Activity And Whale Transactions; Key Supports In Focus
The XRP price has seen significant volatility on Thursday, mirroring the broader market downturn. After a strong performance in July, which saw XRP outperform even Bitcoin with a gain of over 35%, the token has now dropped nearly 10% in…
XRP Price Breaks Out Of 6-Year Triangle, But Is A Rally To $1 Possible?
The XRP price has been experiencing notable movements since the last week of July, closely linked to updates about a potential settlement between the SEC and Ripple. This anticipation has significantly influenced XRP’s market performance, causing a remarkable surge in…