NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.
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Market analysts are identifying new catalysts that could propel XRP to explosive highs. A leaked footage shared by Crypto analyst Don Digital Finance highlights two catalysts from a theorized pricing model that could trigger a massive price surge for XRP. Meanwhile, other experts are focusing more on XRP’s payment rails and utility, predicting a price rally to $3. While most XRP price...
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Data shows the XRP blockchain has seen a steep drop in metrics related to activity and adoption, indicating that the earlier speculative wave has faded. XRP New Addresses & Active Supply Have Both Plummeted In a new post on X, on-chain analytics firm Glassnode has talked about the latest trends in the new addresses and monthly active supply of XRP. The former metric is a measure of the daily...
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A crypto analyst has laid out a technical case for XRP reaching between $8 and $12 by April 2027. This technical case is purely based on XRP’s price pattern on the weekly candlestick timeframe chart and a projection of where the cryptocurrency goes from here. XRP Can Technically Rally $8 To $12 The foundation of the pundit’s prediction is a multi-year ascending channel that has governed...
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Coinbase (COIN) opened the quarter with a rough financial showing. After the exchange reported major losses in its first-quarter earnings, Barclays responded by cutting its price target for COIN, while Bank of America trimmed its target more modestly. Two Wall Street Takes On Coinbase Barclays lowered its Coinbase price target to $107 from $140, maintaining an Underweight rating following the...
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Ethereum is experiencing a notable shift in derivatives positioning as high-leverage long positions decline sharply across the market. The reduction suggests that many overly aggressive bullish trades have either been closed voluntarily or forced out through recent liquidation events. Could Ethereum Be Preparing For A Short Squeeze Next? Crypto investor and data analyst known as CW on X pointed...
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Bitcoin’s climb back above $82,000 has led to bullish conviction among investors. However, an interesting technical analysis suggests that the rally may still be part of a corrective structure, not the start of a clean impulsive breakout. That difference is important, because the analysis shows that Bitcoin is now approaching a resistance band that could decide whether the rebound...
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The Bitcoin price has once again entered the spotlight after a market analyst argued that a major cyclical signal has already appeared, potentially setting the stage for a move toward $320,000. According to a post by @CryptoTice on X, the recent market structure suggests that Bitcoin has already completed its latest cycle bottom, positioning it for another move toward the upper boundary of a...
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XRP’s latest breakout attempt appears to be losing steam as bulls struggle to maintain price action above the key resistance zone near $1.45. The rejection has pushed XRP back toward an important support area despite ongoing bullish developments surrounding Ripple and the XRPL ecosystem. Failure To Hold Above $1.45 Resistance In a recent analysis, crypto analyst EllaWeb3 noted that XRP...
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Crypto pundit Vincent Van Code has explained what a $5 trillion Fed master account, which Ripple is eyeing, could mean for XRP. This comes as the Fed weighs rolling out skinny master accounts for crypto firms, which could also provide them access to the central bank’s payment rails. What A Fed Master Account For Ripple Could Mean For XRP In an X post, Vincent Van Code stated that a Fed master...
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Ethereum’s latest rebound has brought the $10,000 bull-market debate back into focus, but crypto analyst Kevin (Kev Capital TA) says ETH has not yet confirmed a higher-timeframe trend reversal. In a May 7 market update, the analyst argued that Ethereum remains trapped below major resistance until it can reclaim the $2,800 area and prove the move with a successful retest. The core of Kevin’s...