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XRP price is consolidating gains above the $0.5550 level. The price could gain bullish momentum if it clears the $0.580 resistance zone. XRP price is eyeing a fresh increase from the $0.5620 level. The price is now trading above $0.5680 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support at $0.5630 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the…

The upcoming 2024 bull run holds promise for several Solana-based cryptocurrencies. This article highlights three digital assets poised for significant growth. Discover which coins are set to shine and drive excitement in the next big market surge, captivating crypto enthusiasts and investors alike. Get ready to explore the top contenders ready to soar. Bonk (BONK) Struggles Amidst Market Uncertainty: Bulls Waiting for a Break Bonk (BONK) is currently trading between $0.0000156 and $0.0000219, and although it faces some bearish pressure,…

MATIC, the native token of the Ethereum sidechain Polygon, has had it rough in the past five months. After soaring above $1.2 in March, the token has been in freefall, dumping over 65%. For now, MATIC faces strong rejection at $0.45 and continues to distribute, which is evident in the daily chart. The lull across the crypto scene and shrinking activity in DeFi means Polygon is on the receiving end. Despite these market-related challenges, there is a silver lining for…

MoonTaurus (MNTR) is positioning itself as a tough competitor in the crypto market as it moves into Phase 2 of its presale. Priced at just $0.01, the token's entry into this new stage is drawing significant attention from investors looking to capitalize on its potential for explosive growth. The project's rapid progress from Phase 1, where it raised $300,000, underscores growing investor confidence and hints at a promising future. As XRP struggles to maintain momentum, MoonTaurus’ emerges as an attractive…

As $1.86 billion in Bitcoin (BTC) and Ethereum (ETH) options approach expiration, the crypto markets are grappling with heightened volatility, spurred by lower-than-expected US Consumer Price Index (CPI) data. With the markets reacting sharply to this economic indicator, traders are preparing for potential price swings as the deadline approaches. What’s Next for Bitcoin and Ethereum Options Market Post-Expiry? Analysts Weigh In According to Deribit, nearly $1.4 billion in Bitcoin options are set to expire, with a maximum pain point of…

Dogecoin (DOGE) and Mpeppe (MPEPE) are capturing the attention of investors and analysts alike. Both are not just riding the wave of digital currency enthusiasm but are set to create a new benchmark for explosive growth. Here’s why Dogecoin (DOGE) and Mpeppe (MPEPE) are leading the charge and why they could skyrocket by an unprecedented 2000%. Dogecoin (DOGE) and Mpeppe (MPEPE): Pioneers of the Crypto Revolution Dogecoin (DOGE) has long been a beacon in the cryptocurrency space, initially gaining fame…

Ethereum price started a steady increase above the $2,650 resistance. ETH is beating Bitcoin and might even rally toward the $3,000 resistance zone. Ethereum started a fresh increase above the $2,580 and $2,650 levels. The price is trading above $2,670 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with support at $2,670 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend gains if it clears the $2,750 resistance zone. Ethereum…

Avalanche (AVAX) has caught the attention of crypto analysts Whales_Crypto_Trading and Alan Santana. The market sentinels are rather optimistic regarding the price of AVAX, but it may face some consolidation periods and, therefore, possible declines in its price before skyrocketing. The cautious optimism is what makes AVAX very interesting to watch. Technical Analysis Whales Crypto Trading has just published an analysis on Avalanche that is primarily optimistic in nature. By applying the Elliott Wave Theory, he hypothesized that AVAX may…

Dogecoin started a fresh increase above the $0.1050 resistance against the US Dollar. DOGE is correcting gains and might find bids near the $0.1032 level. DOGE price is facing hurdles near the $0.1100 pivot zone. The price is trading near the $0.1040 level and the 100-hourly simple moving average. There is a key bullish trend line forming with support near $0.1032 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh increase…