News Feed

Bitcoin Cash price started a major increase above the $320 resistance. BCH is consolidating and might aim for more gains above the $350 resistance. Bitcoin cash price started a fresh increase above the $330 level. The price is trading above $335 and the 100-hour simple moving average. There is a bullish flag pattern forming with resistance at $345 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair could start another increase if it clears the…

The excitement surrounding memecoins is making a notable comeback as Solana-based tokens outperform larger cryptocurrencies, particularly following the recent announcement from the Federal Reserve regarding interest rate cuts. Among the standout performers is Popcat (POPCAT), which has experienced a remarkable 36% spike in just 24 hours, bringing the token close to its all-time high achieved in July of this year, underscoring the renewed enthusiasm for memecoins amidst changing economic conditions. Popcat Records Nearly 100% Gain In A Month On Wednesday,…

XRP price is attempting an upside break above $0.5920. The price could gain bullish momentum if it clears the $0.5920 and $0.600 resistance levels. XRP price started another increase toward the $0.600 zone. The price is now trading above $0.5780 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $0.590 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it…

Bitcoin price gained pace above the $61,500 resistance. BTC even cleared the $63,300 level and is now consolidating gains above $62,500. Bitcoin is gaining pace above the $62,200 resistance zone. The price is trading above $62,500 and the 100 hourly Simple moving average. There is a major bullish trend line forming with support at $61,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend gains if it stays above the $61,500 support zone.…

Ethereum price started a fresh upward move above the $2,420 resistance. ETH traded close to $2,500 and is now consolidating gains. Ethereum started another increase from the $2,320 resistance. The price is trading above $2,400 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,385 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,480 resistance to continue higher in the near term. Ethereum Price Surges…

Data shows the cryptocurrency sector as a whole has witnessed a high amount of liquidations following the volatility Bitcoin and others have gone through. Bitcoin Has Recovered Back Above The $63,000 Level Following the news of the US Federal Reserve cutting back on interest rates, Bitcoin has responded positively, with its price breaking above the $63,000 level. The chart below shows what the asset’s recent performance has looked like. The graph shows that after this 5% jump over the last…

In a detailed post on X, crypto analyst Jamie Coutts outlined various indicators he monitors to gauge when the market might pick up bullish momentum. Crypto Market Might Be In The Final Stage Of The Bearish Phase Coutts, Chief Crypto Analyst at the financial knowledge and education platform RealVision, noted that the cryptocurrency market has gradually declined. The top 200 equal-weight index (EWI) shows that the leading 200 cryptocurrencies by market cap have experienced a 55% pullback over the past…

As the broader cryptocurrency market experiences notable gains following the Federal Reserve’s rate cuts, Bitcoin (BTC) has reached a price of $63,670 on Thursday, marking substantial bullish momentum since late August. This surge has sparked increased interest from both retail traders and institutional players, leading to diverse positioning within the market. Divergence In Trader Strategies According to a recent post on social media site X (formerly Twitter) by technical analyst InspoCrypto, the recent price action on the Binance BTC/USDT perpetual…

A new XRP price prediction by popular crypto pundit Egrag Crypto projects that the cryptocurrency could experience a historical price surge of about 9,468%. This predicted price gain would push XRP from its current price of $0.58 to $27, marking new All-Time Highs (ATHs).   XRP Price Forecasted To Pump To These Targets Egrag Crypto has taken to X (formerly Twitter) to express his bullish outlook on XRP, predicting the cryptocurrency could surge as high as $27. On Wednesday, September 18,…