Bullish

XRP price is struggling to clear the $0.6420 resistance. The price must stay above the $0.600 support to attempt a fresh increase in the near term. XRP is slowly moving lower from the $0.6420 resistance zone. The price is now trading below $0.6120 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support at $0.6020 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could gain bearish…

Shiba Inu (SHIB) could be on the brink of a price recovery following a bullish reversal in critical on-chain metrics. This also includes the burn rate, with a recent development showing a sustained increase in the number of SHIB tokens burned.  Shiba Inu Demand Looks To Be On The Rise There has been an increase in Shiba Inu whale activity these past few days. On-chain data shows the transfer of 1.7 trillion SHIB to a Robinhood-linked wallet. Transferring such an…

Crypto analysts are bullish on NEAR and INJ, expecting breakout rallies soon. NEAR could hit $9, and INJ shows promise after defending the $30 price area. Near Protocol’s price might surge above $10 soon, as predicted by crypto analyst Bluntz, known for accurate Bitcoin forecasts. Crypto strategist and analyst The Crypto Dog has recently expressed bullish sentiments towards the smart contract protocol NEAR. The Crypto Dog has drawn attention to NEAR’s potential breakout rally by analyzing the daily chart. A…

Over half of Deutsche Bank’s customers view Bitcoin as a significant asset, with a shift in perception towards cryptocurrencies. Amidst varying predictions, Bitcoin’s upcoming halving event and institutional interest spark debates on its potential price surge. As a leading entity in the DAX stock market index, Deutsche Bank has spotlighted the transformative potential of digital currencies in shaping future payment systems. Deutsche Bank Research suggests that Bitcoin might become the digital equivalent of gold for the 21st century. A recent…

Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, is experiencing a surge in optimism in the cryptocurrency market. The emergence of two new whales, according to crypto tracking platform Spot On Chain, further adds to the bullish sentiment surrounding Ethereum. These whales have collectively withdrawn a substantial amount of ETH, totaling nearly 11,700 coins, worth approximately $40 million, from leading cryptocurrency exchange Binance. Their significant purchase, made when ETH was priced around $3,450, indicates their confidence in the potential…

TL;DR Brad Garlinghouse forecasts the crypto market value could double this year, buoyed by pivotal events like the US’s first spot BTC ETF and the Bitcoin halving. XRP’s performance remains subdued amid Ripple’s ongoing legal fight with the SEC, with the outcome likely to significantly influence the asset’s price volatility and future market dynamics. Garlinghouse’s Prediction The cryptocurrency sector has been booming since the beginning of the year, with Bitcoin (BTC) reaching a new all-time high of over $73,500 last…

Litecoin (LTC) is getting ready to flip its bearish technical indicators as it prepares for a 20% surge. A bull rally is based on the technical set, the potential for an LTC ETF, institutional investment, and the upcoming BTC halving. Litecoin (LTC) is poised for a bullish bounce with the potential for a 20% upswing. Technical indicators have in recent weeks cast a bearish shadow but the altcoin is seemingly staging a reversal. Some metrics have suggested that LTC is…

March has been the month of meme coins, with meme coin craze leading to the launching of new coins throughout the month. These new meme coins grabbed the attention of investors and saw the green zone soon, but the meme craze was only for a certain period of time. What caused the sudden shift? The Fall Of SOL-based Meme Coins The season of rugpull is here, and the biggest rugpulls can be seen in the SOL chain. What is rugpull?…

The recent approval of Bitcoin exchange-traded funds (ETFs) by the SEC sent jitters through the financial world. Initial concerns about fading demand seem unfounded as Bitcoin ETFs continue to shatter trading volume records. This is further bolstered by three consecutive sessions of net inflows into these investment vehicles. Bitcoin ETF Inflows Signal Long-Term Investor Appetite A recent dip in ETF activity sparked fears that the initial excitement might be short-lived. However, those fears have been quelled by a resurgence in inflows.…