XRP has breached a major resistance cluster including the POC, 0.618 Fibonacci, and $2.40 high time frame resistance. If volume confirms, the path toward $3 is wide open. Ripple’s (XRP) has officially broken through a critical multi-layered resistance zone, a technical development that may mark the beginning of a new bullish expansion. The breached level…
Bonk is pressing into a multi-layered resistance zone. Without a breakout, price risks a pullback toward the lower boundary of its pennant structure, in line with the 0.618 Fibonacci and value area low. Bonk (BONK) is trading at a critical resistance region, one that is stacked with multiple technical confluences. The current price zone includes…
The XLM crypto price has staged a strong rally, moving above a key resistance level, which points to further gains as its open interest, decentralized finance assets, and stablecoin growth surge. Stellar Lumens (XLM) rose to $0.30, its highest level since May 23, and 35% above the lowest point in June. Its market capitalization has…
Shiba Inu price has inched higher this week as investors return to the crypto market, but key fundamentals and technical indicators suggest the rally may be short-lived. Shiba Inu (SHIB) rose to $0.000012 on Thursday, with its 24-hour volume jumping to over $270 million. This rebound lagged behind that of the top meme coins like…
Bitcoin and crypto prices resumed their bull run this week, helped by numerous tailwinds. Bitcoin (BTC) surged to a record high of $112,000, while the crypto market cap jumped to over $3.5 trillion. The rally occurred amid ongoing risk-on sentiment in the financial markets, as investors disregarded trade-related risks. One example was the rising Fear…
Bitcoin has surged into major resistance at $111,250 after a bullish expansion. Without volume confirmation, price risks rejection and another rotation back toward range lows near $98,270. Bitcoin (BTC) is once again confronting a critical decision point as price trades into a long-standing high time frame resistance zone around $111,250. This level marks the current…
The GMX crypto token nosedived on July 9 after the popular perpetual exchange on Avalanche and Arbitrum was hacked. GMX (GMX) token plunged to a low of $10.20, its lowest level since April 7. The token has dropped nearly 40% from its July high and is now down 76% from its November peak. In an…
Trump Coin is hovering at yearly lows near $7.14, representing the bottom of a multi-month range. A bullish rotation from this zone could trigger a 200% rally toward $22.98 if confirmed. Trump Coin (TRUMP) is once again trading at a critical support region near $7.14, a level that marks the low of its long-term trading…
Stellar’s current price has broken its multi-month downtrend with a sharp rally from support. A short-term pullback is likely before targeting the $0.32 high time frame resistance zone. Stellar (XLM) has decisively broken out of a long-standing bearish trend characterized by lower highs and lower lows. After an extended period of compression and downside pressure,…
Cardano is a highly controversial cryptocurrency that draws mixed opinions within the industry. Most proponents believe that Cardano (ADA) is the future, citing its fast speeds, low transaction costs, decentralization, and the fact that it is the only peer-reviewed crypto project. Critics, however, argue that Cardano is an overvalued ghost chain, boasting a market cap…
