The recent price movement for XRP can be considered a consolidation phase, with the asset still searching for a path toward $1 despite receiving legal clarity that declared the token not a security. When examining the XRP price trajectory, an analysis by a cryptocurrency expert with the pseudonym Egrag Crypto outlined a potential path that could see the asset breach ...
As 2023 draws to a close, Bitcoin (BTC) displays positive indicators across its charts, trying to suppress the significant price threshold of $45,000. This leaves cryptocurrency traders and investors pondering the potential price ranges it might reach in the upcoming year. Despite lingering below its annual peak of $44,000 and still far away from its all-time high of $67,000, the ...
As the year 2023 nears its end, two assets in the cryptocurrency sector have recently been racing against each other to reach the coveted (at least for them) price level at $1 – XRP (XRP) and Cardano (ADA) – and crypto traders and investors are beginning to wonder which one will get there first. Indeed, both the XRP token and ...
With most assets in the cryptocurrency sector starting to slow down their gains from previous weeks, Polygon (MATIC) is still going strong, having broken the $1 threshold, recording significant increases on all of its charts, and showing signs of further bullish continuation above $1.70. As it happens, Polygon’s cryptocurrency seems to be on the brink of breaking out from a ...
Elon Musk has again shared his opinion on what is commonly known as NFTs. The tradeable media linked to a blockchain’s non-fungible token became popular in 2021’s bull market. At that time, ‘jpegs’ were traded for millions of dollars worth of cryptocurrencies. On December 27, the multi-billionaire and entrepreneur answered a comment on his platform, X (formerly Twitter). First, DogeDesigner ...
As 2024 looms, it brings forth a crucial inquiry for Shiba Inu (SHIB) enthusiasts: Is it plausible for this meme coin to exceed its current accomplishments and attain success. Within the optimistic anticipation of its community, there is increasing excitement surrounding the potential emergence of Shiba Inu as a vital factor in the decentralized finance (DeFi) realm. Amidst the prevailing ...
MicroStrategy (NASDAQ: MSTR), a leading company holding a substantial amount of Bitcoin (BTC), remains steadfast in its commitment to cryptocurrency. The publicly traded firm has further increased its holdings of flagship crypto. MicroStrategy company had expanded its Bitcoin holdings via the acquisition, which amounted to approximately $615.7 million or 14,620 Bitcoin, equivalent to $42,110 per Bitcoin, as announced by its ...
Avalanche (AVAX) has had a very interesting 2023. It has, for example, made several key partnerships such as those with Amazon’s (NASDAQ: AMZN) AWS – a leading provider of infrastructure for cloud computing – and BLRD – a gaming company seeking to build its first Web3 game with the help of Avalanche. The price of AVAX has also been interesting ...
The meme coin Bonk (BONK) has been on a strange journey in late 2023, having experienced several veritable price explosions that brought it as much as 10,000% in the green over the past 52 weeks. Despite this, and despite even briefly surpassing Dogecoin (DOGE) as the most-traded meme coin after getting listed on the largest publicly-traded cryptocurrency exchange, Coinbase (NASDAQ: ...
Cardano (ADA) is about to confirm a possible break-out from a technical analysis pattern. According to a renowned analyst, ADA could reach $0.78 per token in the short term if the price chart plays as expected. Essentially, Ali Martinez (@ali_charts) spotted a symmetrical triangle on Cardano’s 4-hour chart. This triangle is formed when an asset trends sideways, making lower highs ...
