The cryptocurrency market is a circus of speculation and promise, and XRP certainly isn’t immune to this trend. Recently this new ambitious price target of $6.50 has been going around, causing excitement and skepticism among early stage investors alike. BlockchainShock dives into the technical indicators and expert opinions that are...
XRP is gearing up to explode, with predictions aiming for $6.50. This positively charged optimism comes as the cryptocurrency trades sideways around a crucial resistance level. It further adds to excitement for the soon-to-be-launched XRP futures contract from CME Group. Taken in isolation, XRP’s recent price action and technical indicators...
XRP is showing some very strong bullish signs! Its price has sky-rocketed by 6.2% over the last week, reaching $2.30 for the first time in a month. The cryptocurrency is sitting in recent week’s consolidation at the neckline resistance of an inverse head and shoulders pattern. Analysts predict it to...
It seems like every day lately, Cardano (ADA) is the hot new topic of speculation and analysis. Several technical indicators are now flashing yellow for a breakout price rally. Crypto analysts are eyeing a possible return to the $2 mark, fueled by patterns and signals that could indicate a bullish...
The ‘Ethereum killer’ Cardano (ADA) is drawing interest from analysts and investors alike as bullish technicals take shape. After trading below $0.50 for the last year, the cryptocurrency has recently pumped above $0.70. With it recently up 3% in the past 24 hours, accumulation certainly seems to be ongoing. Perhaps...
SOL is cooking these days, trading at $154.25. In the past 24 hours, it has shot up 4.18%, and in the last week it has increased 13.85%! This surge occurs alongside the announcement of a significant $500 million funding agreement between Sol Strategies Inc. and ATW Partners, a U.S.-based investment...
In the last few trading days, XRP has made some huge moves. Its price movements have provided valuable insights, uncovering key support and resistance levels. Following a short respite in March, XRP endured a pullback, though soon confirmed a new support floor at $1.80. After recently hitting a minimum of...
Bitcoin has demonstrated significant upward movement recently, reigniting interest in the cryptocurrency's potential to reach the $100,000 mark. Bitcoin previously broke out of a four-month falling wedge pattern at the beginning of this month. It followed that up by confirming its bullish reversal on Tuesday with a decisive close above...
In the fast-moving world of blockchain technology, investors and enthusiasts alike are always on the lookout for the next big thing. BlockchainShock is your one-stop shop for smart, no-nonsense market sentiment analysis. We bring you world-class technical analysis and professional reporting on every type of digital asset imaginable. In this...
Ethereum, the second-largest cryptocurrency by market capitalization, has recently exhibited signs of a bullish reversal. That’s all great technical news. These technical indicators, including the falling wedge pattern and bullish divergence in the Relative Strength Index (RSI), hint at the possibility of a major price breakout entering the horizon. It's...
New and exciting developments continue to unfold within the cryptocurrency market, as new altcoins such as TRUMP and SUI have kicked off an impressive summer rally. These digital assets have seen tremendous growth, leading many to speculate that we are on the verge of a shift in crypto market dominance....
Recent events in the world of crypto indicate that a revolution may have begun, one that will fundamentally change how institutions engage with these new financial assets. Ethereum is at an inflection point in its technical evolution. Shipman expressed this sentiment simultaneously with a major uptick in institutional confidence in...
Both TRUMP and SUI have proven themselves recently with huge gains, smashing through the majority of other altcoins in the crypto space – by a mile. TRUMP is skyrocketing with a fantastic 79% gain in the last week. Meanwhile, SUI is undergoing a massive surge, up 70% in that same...
The crypto market is infamous for its volatility and whipsaw price movements, leaving investors feeling confused and overwhelmed. Technical analysis tools and theories can be helpful in identifying the conditions that lead one price action versus another direction. One such theory is the Elliott Wave Principle, which analysts are using...
The cryptocurrency market is abuzz with excitement, and XRP is the talk of the town. Several factors are converging, leading many to believe that XRP could be on the verge of a significant breakout, potentially reaching a price target of $3. BlockchainShock breaks down the key elements driving this optimistic...
The debate over Know Your Customer (KYC) in the crypto space is a tangled one. It juxtaposes the need for safety and regulatory adherence against the fundamentals of privacy and decentralization that underlie Web3. For many crypto enthusiasts, these principles are nearly sacred. With BlockchainShock, our goal is to help...
The crypto market is extremely fast paced. Yet, in the course of a single blink, millions can be made or lost. Cardano (ADA) and Solana (SOL) have really been fuelling that recent momentum. This trend indicates the potential for big capital inflows over the next year. Most of the buzz...
Cardano and Solana’s most active wallets have been quietly Remittix (RTX) token. This trend is just one example of increasing interest in the new cryptocurrency. SOL Strategies just landed their own impressive $500 million investment. Interestingly enough, both Solana and Cardano are experiencing favorable market price trends.Remittix Presale Attracts AttentionRemittix...