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The TRUMP meme coin has recently made waves in the cryptocurrency market, showing strong performance despite ongoing volatility. Over the past 30 days, TRUMP has surged nearly 45%, reflecting growing investor interest and mirroring the broader bullish momentum in the altcoin space. However, with the market facing a short-term correction, including declines in Bitcoin and […]
There could be a short-term decrease in PEPE's price because of the sell signal shown by the TD Sequential indicator.
Market analyst Egrag Crypto has tipped XRP to fall to $1.25 in the short term, barring a specific price development. Despite a bullish trading week, which saw the altcoin trade at $2.29, the market expert explains that XRP is yet to confirm a market bottom, indicating the potential of a future price fall. Related Reading: SUI Primed For Market Correction Analyst Sets Target At $2.75 Crucial Times Ahead: XRP Must Break $2.33$2.45 To Invalidate Bearish Forecast In an X post on April 26, Egrag Crypto shared a bearish forecast on the XRP market, suggesting a potential downswing lies on the horizon. Based on the technical analysis of the XRP trading chart, altcoin appears to be trading below the Bull Market Support Band despite recent gains due to the extensive price correction in Q1 2025. For context, the Bull Market Support Band is a price zone formed from two moving averages to help traders detect whether an asset remains in a bull market or not. When prices fall below this support band, it often signals a bear market risk. For XRP to invalidate this negative forecast, the fourth-largest cryptocurrency must close above $2.33, which represents the immediate resistance level. Importantly, XRP must reclaim the $2.45, which currently acts as the upper edge of the Bull Market Support Band. Achieving a decisive close above both critical price levels would signal a strong market demand and reduce fear of a larger price correction. However, if XRP fails to break above this band soon, the 0.702 Fibonacci level around $1.25 becomes a likely potential target. Egrag Crypto explains that this Fibonacci level aligns with the previous breakout structure, thus making it a strong historical support. However, a price fall to $1.25 would only constitute a major retest, which could reinforce the long-term bullish structure of the XRP market. Related Reading: Ethereum Price Reaches Last H1 Support, Next Major Resistance Comes Into View XRP Price Overview At the time of writing, XRP trades at $2.18, reflecting a decline of 0.78% in the last day. The prominent altcoin is also down 5.08% on the monthly chart, indicating that bearish pressures are still strong in the market. According to data from Coincodex, market sentiment currently remains neutral, with investors still uncertain of XRPs future. Notably, only 40% of XRPs last 30 trading days have been profitable. Interestingly, Coincodex analysts expect the asset to retain its recent bullish form in the short term to potentially trade at $2.50 in five days. However, they remain highly bearish on long-term prospects, projecting a price of $1.97 in one month and $1.65 in three months. Featured image from iStock, chart from Tradingview
Bitcoin has experienced a 30% retracement due to selling pressure on the Bitfinex platform. This recent downturn in the price of Bitcoin has caused concern among investors and traders alike. The drop in price has been significant, leading to speculation about the future direction of the cryptocurrency market. Despite this setback, many experts remain bullish [...]
The post Bitcoin Experiences 30% Pullback Due to Rising Selling Pressure on Bitfinex appeared first on Crypto Breaking News.
Arbitrum (ARB/USD) new crypto token is surging a day after the airdrop. According to CoinMarketCap, ARB price was trading at $1.50, giving it a market cap of over $1.9 billion. This makes it the 33rd biggest cryptocurrency in the world. This makes it much bigger than Optimism’s OP but smaller than Polygon’s MATIC, which is …
<p>The post Arbitrum’s ARB crypto price is surging: brace for a pullback first appeared on CCNC | Cryptocurrency Newscast.</p>
RIF crypto price was the best-performing major crypto token on Saturday even as cryptocurrencies continued struggling. RIF token has jumped by more than 25%, according to Binance. Other top-performing tokens were Zilliqa, Render Token, and CELR. Fan tokens like OG and ACM also did well. Why is RIF soaring? RIF, which stands for Root Infrastructure …
<p>The post Here’s why RIF crypto price is surging: brace for a pullback first appeared on CCNC | Cryptocurrency Newscast.</p>
The cryptocurrency market is seeing a strategic withdrawal due to changing macroeconomic conditions, according to Binance CEO, Changpeng Zhao. This retreat is not a sign of weakness, but rather a tactical move to adapt to the evolving landscape. As the global economy experiences fluctuations, cryptocurrencies are also affected by these macroeconomic shifts. Investors and traders [...]
The post Binance CEO: Crypto Market Undergoing Strategic Pullback, Not Reversal appeared first on Crypto Breaking News.
Solana (SOL) is trading just 6% below its all-time highs, fueled by a remarkable 16% surge from the $212 demand level. The rally has caught the attention of traders and investors alike, as SOL’s price action showcases a strong uptrend. Top crypto analyst Johnny shared his technical analysis on X, predicting that Solana may retrace to its previous yearly highs before launching a new attempt to break its all-time highs. This forecast comes during a period of euphoria, with SOL delivering a stunning performance by soaring over 55% in less than two weeks. Related Reading: Dogecoin Breaking Out Of Falling Wedge Pattern Analyst Reveals Target The rapid climb has positioned Solana as one of the market’s standout assets, driven by increasing demand and strong fundamentals. However, Johnnys outlook suggests a healthy pullback could be on the horizon, potentially offering a key buying opportunity before SOL challenges its historic price levels. With SOLs recent performance reigniting optimism in the crypto space, all eyes remain on its ability to maintain strength in the face of potential volatility. Will Solana defy expectations and reach new heights, or is a cooldown inevitable? Solana Testing Critical Supply Level Solana is testing a critical supply level just below $250, following a significant surge that has propelled it closer to its all-time high (ATH). This level serves as a key battleground, marking the last stronghold for sellers before SOL enters price discoverya phase where it could carve out new highs. Crypto analyst Johnny recently shared his perspective on X, highlighting that while Solanas price action remains robust, a temporary retrace to lower levels may be necessary to gather momentum. According to his technical analysis, SOL could dip into the $220 demand zone, a level he sees as crucial for buyers to step in and refuel the rally. Johnny predicts that Solana could stage a strong recovery from there, targeting an aggressive move above its ATH at $260. Solanas bullish momentum cannot be ignored despite the possibility of a retrace. The assets price action suggests a 6% surge above its ATH is well within reach if market conditions remain favorable. Continued strength in the broader crypto market could amplify buying pressure, helping SOL shatter its ATH and enter uncharted territory. Related Reading: Bitcoin Demand Outpaces Supply On-Chain Metrics Reveal Low Seller Volume For now, all eyes are on Solanas ability to navigate this supply zone. A successful breakout could pave the way for new highs, while a retrace to $220 might provide an ideal launching pad for the next leg of its rally. Either way, SOLs trajectory highlights its growing prominence in the market as traders anticipate its next big move. Price Action Details Solana is trading at $242, holding steady after a few days of consolidation below the $250 mark. This level represents a critical resistance as SOL inches closer to its all-time high (ATH). Despite this pause, the price action remains robust, supported by the broader bullish sentiment across the crypto market. However, SOLs ability to break above $250 will be a key factor in determining its next move. A successful push beyond this level could set the stage for a retest of its ATH and potentially a rally into price discovery. Conversely, if SOL fails to overcome this resistance, a retrace to lower demand zones becomes likely. Related Reading: Last Chance To Buy Ethereum? Analyst Expects $6,000 Once It Breaks 8-Month Accumulation In this scenario, the next logical support level to watch would be around $222, where buyers could step in to reignite momentum. Should the retrace extend further, SOL might revisit previous yearly highs at $210, a critical level that proved significant for price action. Featured image from Dall-E, chart from TradingView
Bitcoin has fallen 10% so far this month, but analysts say it has dropped between 25% and 30% in January in past post-halving markets.
Shiba Inu has gone down 10% since hitting a local top two days ago. But here are some metrics that suggest the rally could still continue. Shiba Inu On-Chain Metrics Have Seen Positive Developments Recently Shiba Inu had been stuck in a perpetual sideways trend during most of July, but the meme coin’s fate switched [...]
The post Shiba Inu Sees 10% Pullback, But Here’s Why Rally Can Still Continue appeared first on Crypto Breaking News.
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