The Bitcoin market continues to sees major shift, with recent data showing significant changes in trader behaviour. A CryptoQuant analyst, Joao Wedson, has recently highlighted an important trend concerning Bitcoin (BTC) flows between exchanges. Specifically, Bitcoin transfers from other exchanges to Binance have reached historic lows. This shift,
Bitcoin Resets Open Interest, Targets $100,000 After Holding Key Support – Details
Bitcoin (BTC) appears to be rebounding from its recent pullback after reaching a new all-time high (ATH) of $99,645 on November 22. Despite liquidations exceeding $500 million during the downturn, the event did not trigger the cascading sell-offs seen in previous market cycles. Bitcoin Open Interest Resets: Is $100,000 Next? The flagship cryptocurr
How Far Can XRP Price Rally by the End of 2024?
The crypto market witnessed a notable inflow during Friday’s U.S. market session as Bitcoin projected another attempt to…
Data Shows Selling Pressure Mounts On Bitcoin: Is The Bull Run at Risk?
Despite Bitcoin maintaining investor confidence by holding above critical psychological levels like $90,000, the asset faces notable shift in market sentiment. A CryptoQuant analyst, G a a h, recently shared insights indicating heightened selling pressure within the market, which could signal caution for traders. At the core of this analysis is the
Shiba Inu Could Increase 75% If It Holds Current Level – Analyst Shares Price Target
Shiba Inu (SHIB) is capturing market attention as it consolidates at a critical level following an impressive 80% rally from recent lows. The meme-inspired cryptocurrency has shown remarkable resilience, and its current price action suggests a potential breakout at an aggressive pace if it can push above key resistance levels. Top analyst Investing
How High Can Dogecoin Go? Legendary Trader Forecasts Next Price Target
Dogecoin is one of the standout performers in the crypto market in the last weeks. Over the past 34 days, DOGE has rallied by 210%, climbing from $0.13 to above $0.41. The rally was fueled by excitement surrounding the creation of the Department of Government Efficiency (DOGE), spearheaded by Dogecoin advocate Elon Musk under the […]
Hold XRP If You Want To Become ‘Very Rich,’ Analyst Says
In crypto’s recent mini-bull run immediately after Donald Trump’s election victory, one popular token was left with a sluggish price movement: Ripple’s XRP. While Bitcoin raced to hit the $90k level and teased the $100k mark, and some meme coins like Dogecoin showed gains, XRP retained its sideway price movement. The altcoin’s price was at the [&he
XRP Price Prediction: Analyst Says History Is Repeating Itself, Here’s How
A crypto analyst has shared a technical analysis of the XRP price in a 4-hour time frame. Currently, the XRP chart highlights distinct patterns in market behaviour, suggesting that historical price action may be repeating itself. The analyst predicts that if the cryptocurrency can successfully replicate these bullish historical patterns, it could t
Cardano Transactions Rise To Multi-Year Highs – Metrics Support Bullish Outlook
Cardano (ADA) is trading above the critical $1 level, fueling optimism among investors anticipating further upside in the coming weeks. After a strong bullish run in recent weeks, the recent pullback appears to be a temporary pause in an upward trend. Crucial on-chain data supports this outlook, indicating robust network activity that reinforces th
Shiba Inu Burn Rate Sees Massive 2,296% Spike In One Day, Are The Bulls Back
The broader crypto market has witnessed a massive surge in the Shiba Inu burn rate, with the metric skyrocketing by 2,296% in just one day. This remarkable surge reflects the community’s desire to decrease the overall supply of Shiba Inu and possibly induce a price increase. With Shiba Inu showing signs of a strong revival, […]