With its recent performance demonstrating strength above $100,000, Bitcoin has been rising steadily. A more interesting view can be seen on the chart: Bitcoin might still be in a covert downward trend. Despite not forming bullish sentiment, it has ac
Bitcoin (BTC) has shown notable recovery since this week began, climbing back above $100,000 and now trading at $104,430. This upward move represents a 4.9% daily gain and more than a 10% increase over the past week.Analysts have been examining this
Bitcoin (BTC) has seen a steady price recovery following the recent release of the US Consumer Price Index (CPI) report. It is now trading above $103,000.This marks an 8% gain over the past week, driven by growing interest from large investors and a
Ripple’s price is on the verge of making a new record high, as the asset has been rallying consistently over the past few months on both the USDT and BTC pairs.By Edris Derakhshi (TradingRage)The USDT Paired ChartThe XRP/USDT chart shows that the thi
Bitcoin’s price has once again broken above the $100K level, and investors are wondering whether it can keep above this time around, especially after bouncing off the plunge below $90,000 on Monday.Technical AnalysisBy Edris Derakhshi (TradingRage)Th
Bitcoin (BTC) has experienced a gradual recovery following the release of the US Consumer Price Index (CPI) report yesterday, with its price now hovering above $98,000. This marks a 6.1% increase over the past week, signaling growing optimism among m
Toncoin (TON) has shown signs of recovery, trading above $5.5 after experiencing price declines in recent weeks. This rebound has not only boosted TON’s market capitalization by some millions but also brought investors to ponder on Toncoin’s potentia
Analysts and traders are feeling more optimistic as a result of Bitcoin's recent price performance. Following a period of consolidation, the asset is now exhibiting signs of strength, with the daily chart's 50 EMA breakthrough laying the groundwork f
Bitcoin (BTC) has rebounded to trade above $99,000 following its significant dip earlier this week. While the latest US Consumer Price Index (CPI) news appears to have contributed to this quick recovery, it has also drawn attention from analysts, who
Bitcoin (BTC) witnessed a sharp decline below $90,000 yesterday, sparking concerns about its near-term stability. However, the cryptocurrency has since rebounded, trading back above $96,000 at the time of writing.This rapid recovery has drawn the att
The pressing question on crypto traders' minds is: Has bitcoin's price weakness run its course, or is there more to come?The former appears to be the case as Monday's price action, characterized by a swift recovery from intraday lows, contrasted wit
Bitcoin (BTC) has continued to exhibit bearish sentiment, currently trading below $91,000. This decline has sparked debates about its future trajectory, with analysts closely examining major market metrics to understand where BTC’s price action could
Despite broader bearish trends in the cryptocurrency market, Tron (TRX) has demonstrated resilience with notable growth in key metrics.Recent analysis from CryptoQuant contributors sheds light on Tron’s expanding ecosystem and revenue surge, presenti
Ethereum's price has been in a slump recently, slipping more than 15% in the past week amid bearish momentum in the overall crypto space. Ethereum's current struggles are mainly driven by a return to inflationary supply levels. Since April 2024, the
Finally, XRP has breached a crucial descending trendline resistance level, suggesting that a major bullish rally may be about to begin. After weeks of consolidation within a narrowing range, traders have a clear indication that momentum may be turnin
Following an uncertain period, XRP has once again demonstrated its resilience. More than 2 million transactions were completed in a single day, according to recent on-chain data, indicating a spike in transaction activity. This increase in network us
On the daily chart, Shiba Inu seems to be forming a head-and-shoulders pattern, which is a bearish reversal indicator that frequently indicates possible downside in the future. There are three peaks in this formation with the middle peak (the head) b
Bitcoin’s price has been gradually declining over the past several days before finding some support at $94K. While the market has once again found support in a key area, the level could be broken to the downside soon.Technical AnalysisBy Edris Derakh
Toncoin (TON) appears to have taken a break from its massive decline within 30 days. The coin witnessed a mild surge as it attempted to climb key resistance levels. TON, which found support at the $5 mark for a while, has finally breached the $5.25 r
XRP, the fourth largest cryptocurrency, could be gearing up for significant volatility if a key chart pattern holds. CoinsKid, a market analysis-focused X account, noted in a recent tweet that XRP’s current chart setup might suggest a major price mov