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...
The crypto market is a ripe ecosystem for hot takes and wild predictions. Recently, an executive of CryptoGuard caught expert’s attention by predicting that XRP price will reach $1,000. This ambitious target has led to much discussion and speculation across the crypto space. BlockchainShock will be following this prediction very...
The crypto community can’t stop talking about XenDex ($XDX), a new decentralized finance (DeFi) project developed on the XRP Ledger. And indeed, its presale has absolutely sparked a huge demand, with 20% of the total tokens already sold within only the first day! This rapid uptake has led many to...
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....
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...
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...