Bullish

The post Here is What’s Next for XRP Price and This Altcoin: Will the Bullish Momentum Kick-In? appeared first on Coinpedia Fintech News Ripple (XRP) Price Analysis Although the XRP price has been maintaining sluggish behaviour, the trend in the long term remains largely bullish. The price has been forming constant higher highs and lows, indicating the growing strength among the bulls. While the short-term prospects display no major variation, the HTF trade set-up displays a huge possibility of a…

Once again, the price of Bitcoin rose bullishly, breaking through the $70,000 barrier, demonstrating strength for an upward movement. Bitcoin At $82,000 Remains The Target Following the recent recovery observed today, Crypto Jelle, a popular cryptocurrency expert and Bitcoin enthusiast, has made a bullish forecast for the crypto asset, citing the $82,000 level in the short term. Crypto Jelle highlighted that after a fakeout, Bitcoin retested the cycle highs of 2021, bounced, and then broke out once more. According to…

Bitcoin’s price is yet to break above its recent high and create a new ATH. However, looking at the technical and fundamental signs, it might only be a matter of time. Bitcoin Price Analysis: Technicals By TradingRage The Daily BTC Chart Over the last month, the Bitcoin price has been trapped inside a large symmetrical triangle pattern on the daily timeframe. Yet, it is currently testing the higher boundary of the pattern, trying to push above the $70K level. If…

Ethereum price stayed above the $3,400 support zone. ETH is recovering losses, but it must clear $3,600 to continue higher in the near term. Ethereum extended its decline and tested the $3,400 support zone. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $3,500 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if it stays above…

As the cryptocurrency industry anticipates the next halving, market analysts and investors keenly observe the potential impacts on Bitcoin’s price. The halving, a programmed reduction in the rewards miners receive, is expected to occur on April 20. It will cut the reward from 6.25 BTC to 3.125 BTC. Therefore, this event will effectively decrease Bitcoin’s inflation rate from 1.7% to 0.85% annually. Bitcoin Remains Bullish Before the Halving Historically, Bitcoin halvings have been associated with volatility in the short term…

The better-than-expected United States Consumer Price Index (CPI) released on April 10 is already sending shock waves through the financial market. Bitcoin and most crypto assets are trading lower, extending losses recorded on April 9, weighing negatively against optimists. United States CPI Data Came In Hot According to Trading Economics data on April 10, CPI, a key economic metric for gauging inflation, rose 0.4% in March, pushing the annual inflation rate to 3.5%. Notably, this surpassed economist predictions and, most…

TL;DR XRP has seen significant volatility recently, with predictions suggesting a potential surge to $4 by early 2025. The anticipation of Ripple’s trial with the SEC on April 23 adds to the interest in XRP, with speculations that a favorable outcome for the firm could lead to a significant rally in the asset’s price. Ripple’s XRP experienced enhanced volatility in the past few days, rising to $0.64 on April 9 before retracing to its current level of approximately $0.60 (per CoinGecko’s data).…

Ethereum’s price has undergone an extensive phase of sideways consolidation subsequent to a decline toward the critical support level of $3K. Despite this, the cryptocurrency seems confined within a range between $3K and $3.7K, and it’s unlikely that volatility will pick up unless it manages to break out in either direction. Technical Analysis By Shayan The Daily Chart A comprehensive analysis of the daily chart reveals Ethereum’s prolonged sideways consolidation after finding substantial support around the $3K threshold. This zone…

Shiba Eternity, the highly anticipated collectible card game on the Shibarium blockchain, is poised for launch, as announced by Shiba Inu Developer Mazrael, who added that performance improvements were made alongside bug fixes. Players can earn TREAT  —one of the many coins from the Shibarium ecosystems along BONE and SHIB — for participating in battles. The game has seen moderate success on mobile platforms, with over 100,000 downloads on Android and high ratings.  #ShibaEternity First internal build is out! Performance…