Forecasts & Analysis | Crypto
Bitcoin: Only a Bounce or a New Bull?
Bitcoin should at least target the $28.5-30.5K zone. From there, it can continue its Bull to $100K+ or drop to $23.5K and start over. The September 11 low at $24,919 is the dividing line.
Bitcoin, Ethereum, XRP Forecast: BTC Under Pressure From Treasury Yields
Leading cryptocurrencies remain pressured by elevated Treasury yields. Monitor these key levels in BTC, ETH and XRP for clues on future price direction.
Crypto Needs Financial Chaos for Growth
Bitcoin briefly rose to $26.7K but again found resistance at the 50-day moving average, which had already fallen to the abovementioned level.
XRP News: Ripple on Edge as SEC Faces Capitol Hill Heat
XRP’s precarious position is emphasized by McHenry’s stringent rebuke of the SEC, reflecting a landscape riddled with regulatory ambiguities and impending rulings.
The Crypto Market is in a Dilemma
According to CryptoQuant, bitcoin spot trading volume fell to 2018 values last week. The number of transactions has fallen more than 40 times since March.
XRP News: Gensler’s Testimony May Intensify Ripple and Coinbase Tensions with the SEC
Ripple awaits a pivotal SEC ruling, amidst intense deliberations and Gary Gensler’s notable Capitol Hill testimony on crypto asset securities.
Crypto News: SEC Chair Gensler on a Collision Course with Financial Services Committee
Ark 21Shares and Global X BTC-spot ETF applications face extended review periods by the SEC, putting a spotlight on regulatory stances and fueling Capitol Hill discussions.
Bitcoin, Ethereum, XRP Forecast: BTC Faces Competition From Yielding Assets
Leading cryptocurrencies come under pressure from yielding assets. Watch these important trading levels in BTC, ETH and Ripple’s XRP.
The Crypto Market is Losing Ground but Slowly
Bitcoin closed lower on Monday, remaining in the clutches of the bears after touching the 50-day moving average a week ago.
XRP News: Ripple’s Future Clouded by SEC Appeal, Coinbase Also Under the Lens
The SEC’s mounting challenges against Ripple and Coinbase are setting precedents, as awaited rulings could dictate the future trajectory of digital assets.