marketforecast

Analyst Forecasts Potential $30 Peak for XRP Amid Bullish Cycle

Analyst Forecasts Potential $30 Peak for XRP Amid Bullish Cycle

According to previous XRP price predictions, XRP is thus far appearing bullish and may be due for a breakout that could see it spike to $20 – $30. This forecast is based on a combination of technical breakouts and historical trends. It focuses on potential catalysts in play, such as...

XRP Rockets Past $3.60, Igniting Speculation of Further Gains

XRP Rockets Past $3.60, Igniting Speculation of Further Gains

Meanwhile, XRP, the cryptocurrency connected with blockchain payment company Ripple, is exploding in price. It has gone as high as $3.61, for an incredible weekly increase of more than 21%. This price movement has sparked new hope and speculation about what’s next. Analysts are calling attention to historical trends and...

Ethereum Surges to Seven-Month High Amid Institutional Buying Spree

Ethereum Surges to Seven-Month High Amid Institutional Buying Spree

Ethereum has exploded fantastically upwards, climbing for the ninth straight session. It has since jumped to its highest levels in seven months. Ethereum price has surged above $3,800 thanks to massive institutions accumulation and bullish crypto market sentiment. This rally marks an important inflexion point for the cryptocurrency. Retail and...

XRP's Bullish Signals: Analysts Eye Breakout Amid ETF Launch

XRP's Bullish Signals: Analysts Eye Breakout Amid ETF Launch

XRP is showing strong bullish signals right now. This momentum is fueled by technical chart patterns, a recent increase in overall market activity following the ProShares XRP Futures ETF launch on July 18th, and increasing optimism surrounding Ripple’s upcoming product launches. Other analysts will be watching the $2.93 resistance level....

Ethereum Gains Momentum as Bitcoin Dominance Declines

Ethereum Gains Momentum as Bitcoin Dominance Declines

Ethereum is displaying stronger market dominance than Bitcoin. This trend is further supported by a very robust demand picture that has held strong since before the pandemic in 2019. Third, the ETH/BTC ratio has recently shot up from a multi-year demand zone, clearly indicating a new Ethereum outperformance period ahead....

XRP Primed for Potential Breakout as Key Market Share Resistance Looms

XRP Primed for Potential Breakout as Key Market Share Resistance Looms

Bulls XRP has begun to make a move in the upward direction, with its dominance (XRP.D) testing a key level of weekly resistance just above 5.50%. Additionally, this level has been used as a ceiling, limiting XRP market share for more than 2,200 days. According to several technical indicators, a...

Dogecoin Eyes Bullish Reversal as Double Bottom Pattern Forms

Dogecoin Eyes Bullish Reversal as Double Bottom Pattern Forms

Dogecoin is setting up for a possible bullish reversal as it tests a crucial neckline resistance around $0.2499. The fifth most popular meme coin appears to be tracing a double bottom near support of about $0.75. This classic bullish reversal setup has two separate troughs. Such a pattern is indicative...

BlockDAG Presale Heats Up with $340 Million Raised Amidst Buyer Battles

BlockDAG Presale Heats Up with $340 Million Raised Amidst Buyer Battles

BlockDAG is quickly becoming one of the hottest cryptocurrencies on the market, recently completing a $340 million presale. The project has already sold 23.9 billion coins and is currently attracting increasing attention with its daily Buyer Battles. Robust user engagement drives much of this activity. For this reason, BlockDAG is...