NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.
-
XRP flirted with stronger levels this week but slipped back as traders reassessed positions. According to a tweet by community figure Zach Rector, the next rally could arrive without much warning and push the token to a fresh all-time high. Related Reading: You Want $1K XRP? You’ll Need Iron Nerves — Or ‘Mental Illness’, Analyst Says Price was at $2.40 on Wednesday, down from $2.43, marking a...
-
What to Know: $XRP’s breakout was fueled by renewed risk appetite as investors pulled funds from gold. The token has strong support near the $2.42 zone, with a decisive close above $2.56 signaling a run to $2.63. New projects like $HYPER, $PEPENODE, and $BONK offer high-growth potential outside of major assets. $XRP jumped a notable 3% on Monday, briefly touching the $2.50 mark before people...
-
Veteran chartist Peter Brandt ignited a fresh technical debate on X after publishing two annotated charts—one of today’s Bitcoin daily bars, the other of Chicago Board of Trade soybeans from 1977—arguing that the cryptocurrency may be carving out a broadening top akin to the historical commodity pattern that preceded a 50% collapse. “In 1977 Soybeans formed a broadening top and then declined 50%...
-
The Shiba Inu price decline following the October 10 liquidation was as swift as the rest of the market, and even now, the meme coin continues to struggle to reach its pre-crash prices. Nevertheless, there have been some developments among major metrics that could indicate that the Shiba Inu price is getting ready to mark a bottom. These range from the open interest to the trading volume, with...
-
On-chain data shows the recent bearish Bitcoin price action has put the network’s short-term holder whales into a significant unrealized loss. New Bitcoin Whales Have Dived Underwater In a new post on X, on-chain analytics firm CryptoQuant has discussed about the latest trend in the profit-loss situation of the short-term holder Bitcoin whales. The “short-term holders” (STHs)...
-
The CEO of Fetch.AI (FET) has offered a reward to uncover Ocean Protocol’s move after the project was accused of liquidating millions of tokens, affecting the FET’s price and its holders. Related Reading: Bitcoin (BTC) Price Eyes $114,000 Retest Amid Bounce, But Analyst Suggests Caution Fetch.AI Vs Ocean Protocol Feud On Tuesday, Humayun Sheikh, CEO of Fetch.AI, offered a bounty $250,000 to...
-
Following a significant rally, the valuation of gold has begun to decline. Meanwhile, Bitcoin (BTC) appears to be experiencing a slight capital rotation towards it, as evidenced by Tuesday’s price performance, which led to a recovery of the $112,000 mark. In this context, asset manager Bitwise has released a new report that outlines promising price prospects for the market’s leading...
-
An analyst has pointed out how Chainlink could see a major bullish breakout if its price can break past the resistance barrier of this technical analysis (TA) channel. Chainlink Is Currently Trading Inside A Triangle In a new post on X, analyst Ali Martinez has talked about a level that could trigger a major bull rally for Chainlink. The level in question is the upper line of a Triangle from TA....
-
Bitcoin’s weekly chart shows promising signs of strength as the RSI continues to climb, hinting at the potential for further upside. However, the battle isn’t over yet. With price hovering near the critical $107,000 support, bulls must defend this level to prevent deeper downside pressure. RSI And Price Alignment: A Textbook Case Of Momentum Confirmation In a recent market update, EGRAG CRYPTO...
-
While Bitcoin (BTC) has declined more than 13% from its fresh all-time high (ATH) of $126,199 recorded earlier this month on October 6, CryptoQuant contributor PelinayPA is confident that there is a 55% chance that the BTC top for this market cycle is not in yet. Bitcoin Top Not In Yet – More Upside Ahead? According to a CryptoQuant Quicktake post by contributor PelinayPA, there is a 55%...