News with the tag "fibonacci"

Bitcoin (BTC) appears to be gearing up for another price discovery phase. The leading digital asset by market capitalization has gained an impressive 17.4% over the past month, setting a new all-time high (ATH) of $111,980 on May 22. Bitcoin Ready To Enter Price Discovery Mode? According to a recent...

XRP’s price action in the past 24 hours has been highlighted by a retracement towards support at $2.28 that has appeared in recent days. However, the XRP price action looks strong on the higher timeframes, particularly the six-month chart, where technical analysis indicates that a much larger breako...

Cardano (ADA) has maintained a relatively steady upward trend over the past few weeks. Although the cryptocurrency was rejected at the $0.84 price level again last week, the current price action is still holding strong with only a minor drop in the past 24 hours. However, technical analysis deeply r...

After mirroring Bitcoin’s strong breakout over the past week, XRP recently surged to an intraday high of $2.47 before retracing to a lower daily close. Despite this, the broader outlook for XRP is bullish, with the altcoin generally moving in lockstep with Bitcoin and the wider crypto rally. Accordi...

Given the growing bullish momentum across the general crypto market, Ethereum is showing early signs of an upward movement as it draws close to key resistance levels. While ETH is gaining traction, a crypto analyst underlined a particular price level where the altcoin could muster enough strength fo...

BONK’s price action has been back and forth in May, and the cryptocurrency is now essentially back where it started the month. Recent price action reveals that the token is attempting to stabilize at around the 200 EMA after being rejected by the local high near the 0.00002581 level. This rejection ...

Onchain data shows that over $40 billion worth of XRP has been moved over the last week, which puts the altcoin on the edge. Specifically, these coins were transferred to exchanges, which indicates that XRP is at risk of a massive sell-off. Over $40 Billion XRP Moved To Exchanges CryptoQuant data sh...

Dogecoin (DOGE) is up 48.7% over the past month, as the broader crypto market rallies amid easing concerns over a potential global tariff war. Although the leading memecoin has posted impressive gains recently, analysts believe there may still be room for DOGE to climb before reaching a cycle top. A...

The XRP price is once again in the spotlight as a new technical analysis indicates that the cryptocurrency may be on the verge of a significant price explosion to $5.9 and beyond. According to the analyst behind this forecast, XRP’s recent price behavior is not a sign of weakness but rather a period...

XRP is facing a strong resistance level on its path to the $3 price level and above, with the past 24 hours witnessing some sort of rejection at this resistance level. XRP price action has gradually built momentum in May, leading to a sharp move toward the upper $2.60 range. On May 12, XRP briefly t...