A trader by the name of Harry has shared his Elliott Wave analysis for Ripple (XRP), predicting a bullish wave 3 in the coming months. In a tweet, the trader warned that traders should take note of the current situation on XRP’s charts, as swing traders might potentially be unable.
Michael van de Poppe, a prominent crypto analyst and trader, took to Twitter on April 29 to share his thoughts on the future of Avalanche (AVAX). In his tweet, van de Poppe explored what could happen if the cryptocurrency’s price could stay above $16.85. At the time of van de.
On April 26, the United States House of Representatives passed a bill to increase the U.S. debt ceiling. This move was widely discussed by analysts, who weighed its potential impact on various financial assets, including Bitcoin (BTC). Understanding the US Debt Ceiling The debt ceiling is a legal limit on.
Introduction: Binance, the leading cryptocurrency exchange, has announced the addition of a new trading pair for Dogecoin (DOGE). In an official announcement made on Thursday, Binance stated that it would be introducing TrueUSD (TUSD) to its list of trading pairs, which will allow users to trade TUSD/DOGE. This move is.
Introduction The cryptocurrency market has been quite volatile lately, with many digital assets experiencing significant price movements. One of these cryptocurrencies is Litecoin (LTC), which has seen a selloff in the previous week, resulting in a 13% loss. Despite a recovery plan set by bulls, the Litecoin price struggles.
Introduction: Ethereum Classic (ETC) has been one of the top performers in the cryptocurrency market this year. However, its price movement in the past few weeks has been relatively slow, with the altcoin consolidating without any directional bias. While the current trend could continue for some time, technical indicators suggest.
Introduction MasterCard, a leading global payments and technology company, has announced a new partnership with several blockchain firms, including Polygon (MATIC), Ava, and Aptos, among others. The collaboration is set to advance their innovative work in blockchain technology and develop a new product called MasterCard Crypto Credential, which aims to.
Introduction In the world of cryptocurrency, stability is key. Algorithmic stablecoins, such as TerraUSD (UST), are designed to maintain a stable value by being pegged to a fiat currency, such as the US dollar. However, around a year ago, UST depegged from the US dollar, causing the Terra ecosystem to.
Bitcoin has been the talk of the town since its inception, with its value fluctuating constantly. However, on April 26, 2023, Bitcoin experienced sudden volatility that caused its value to plummet by almost $3,000 in less than three hours. The impact of this sudden drop was felt by both long.
Bitfarms Ltd., a vertically integrated Bitcoin mining company, has announced that it has reached 5 EH/s of production on April 27, 2023. This is a significant milestone for the company and demonstrates its commitment to growing its operations and increasing its production capacity. The achievement was made possible by the.
The price of AVAX, the native token of the Avalanche blockchain, has experienced a significant drop in value recently. After reaching an all-time high of $59.78 on April 14, the price began to plummet, reaching a low of $16.95 on April 22. This represents a drop of nearly 72% in.
Introduction: Ethereum, the second-largest cryptocurrency by market capitalization, has had a rough start in the last 24 hours. It faced bearish pressure, causing prices to sink to a support level of $1,868.00. However, the bulls fought back, and the market is now testing resistance around the day’s high of $1,936.95..