As a researcher with experience in cryptocurrency market analysis, I’m keeping a close eye on the price action of XRP. After a strong upward move that saw the price test the $0.4840 resistance zone, we’ve seen a correction. The bulls were able to protect the $0.4750 support and the price is now trading above the … Read more
As a researcher with a background in finance and experience in following the cryptocurrency market, I find Alan Santana’s prediction of a Bitcoin crash to $35,000 intriguing but also cautionary. While it is important to consider various perspectives when analyzing market trends, Santana’s analysis based on Fibonacci retracement levels adds valuable insight into the potential … Read more
As a researcher with experience in analyzing cryptocurrency markets, I believe that Ethereum’s price correction is a normal occurrence after the recent bullish run. The failure to surpass the $3,520 resistance zone led to a downside correction, but the price remains above crucial support levels such as $3,420 and the 100-hourly Simple Moving Average. The … Read more
As an experienced financial analyst who has closely followed the Bitcoin market for several years, I find the recent analysis by this quant intriguing. The disappearance of miner selling pressure could indeed be a significant factor in a potential rally for Bitcoin during the third quarter of 2024. A quant has shared his perspective on … Read more
As an analyst with a background in financial regulation and cryptocurrencies, I am particularly intrigued by Circle’s recent achievement of becoming the first global stablecoin issuer to comply with the European Union’s MiCA regulatory framework. This milestone is not only significant for Circle but also represents a major step forward in the adoption and legitimization … Read more
As a researcher with extensive experience in cryptocurrency markets, I’ve closely observed Bitcoin’s price action over the past few days. The recent recovery and test of the $63,650 resistance zone is a positive sign for BTC bulls. However, Bitcoin faces some resistance near this level and might consolidate gains before making another attempt to surpass … Read more
As an experienced analyst, I find the Polkadot funding concerns outlined in DeFi Ignas’ analysis quite alarming. The report reveals a complex and challenging asset management situation for the Treasury, which, if not addressed promptly, could lead to a potential crisis. The Polkadot Treasury’s first-half-of-2024 report has sparked worries about a potential funding crunch due … Read more
As an experienced crypto analyst, I believe that Dogecoin (DOGE) could be on the verge of a significant bullish reversal based on recent technical indicators. The TD Sequential buy signal on its 3-day chart suggests a potential rebound of one to four candlesticks for DOGE, which could push the meme coin back up towards its … Read more
As a seasoned crypto investor with a keen interest in following market trends and corporate developments, I’m thrilled to see Metaplanet’s latest move to increase its Bitcoin reserves. This strategic acquisition, coming at a time when Bitcoin is rebounding, reinforces my belief in the potential of this leading cryptocurrency. As a crypto investor, I’m excited … Read more
As a researcher with a background in financial market analysis, I find the historical trend of strong performances for Bitcoin and Ethereum in July to be an intriguing pattern. Based on the data provided by QCP Capital and Coinbase analysts, it seems that this trend is driven by a combination of factors, including improved liquidity … Read more