Category: Market Analysis

[ad_1] Key takeaways BTC is up 4% and is now trading above the $66,500 level. The rally comes following reports of a preliminary peace agreement between the United States and Iran. Bitcoin extends recovery following geopolitical breakthrough Bitcoin (BTC) has surged above $66,600 on Monday after gaining 4% during the previous week, supported by improving…

[ad_1] Key takeaways BitMine bought 76,881 ETH, raising its holdings to 5.62 million ETH. The company now controls about 4.66% of Ethereum’s circulating supply. ETH is attempting to hold above $1,800 while facing resistance near $1,900.  BitMine adds nearly 77,000 ETH to its reserve Ethereum treasury company BitMine Immersion Technologies significantly expanded its Ether holdings…

[ad_1] Key takeaways XLM is up 12% in the last 24 hours, outperforming the broader crypto market. The rally comes as Open Interest hits $261 million.  XLM extends weekly gains Stellar’s XLM attracted renewed buying interest on Tuesday after posting strong gains at the start of the week. XLM surged over 11%, bringing the asset…

[ad_1] Key takeaways Ripple’s XRP is up nearly 11%, making it the second-best performer among the top 10 cryptocurrencies. The coin could extend its rally past the $1.366 resistance level.  XRP approaches $1.30 Cryptocurrency markets remained broadly higher on Monday, with Bitcoin (BTC) leading gains as it climbed above the $66,000 mark. The positive momentum…

[ad_1] Key takeaways Ethereum continues its downtrend after breaking key support levels and testing a low of $1,505 last week. The broader crypto market remains under pressure following last week’s massive dump. The cryptocurrency market starts the week on a weak footing, with Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) continuing to trade under heavy…

[ad_1] Official Trump coin price surges 18%, outperforming the broader crypto market. The rally is driven by Donald Trump’s upcoming birthday on June 14. Key levels to watch include the resistance at $2.20 and the support at $1.80. The Official Trump coin price has seen a sharp move to the upside, climbing about 18% in…

[ad_1] Key takeaways WLD is down by more than 3% in the last 24 hours and could dip lower in the near term.  Derivatives metrics remain supportive, with WLD’s Open Interest rising steadily alongside a mildly growing number of long positions. Worldcoin (WLD) has declined by more than 3% on Tuesday, trading below $0.50 while…

[ad_1] Key takeaways The oversold technical conditions may limit the pace of the decline, but the broader market structure remains bearish.  The structure will remain bearish unless BTC can reclaim the $64,000 region and build momentum back above key moving averages.  BTC Extends Losses Ahead of Key US Inflation Data Bitcoin (BTC) continued its decline…

[ad_1] Key takeaways XRP continues to consolidate around the $1.10 mark. The bulls are holding the price above the $1.05 support level. Ripple’s XRP is trading lower on Thursday, staying around $1.10 as the token attempted to reverse a downtrend that has persisted since mid-May.  The downtrend comes as institutional demand for XRP-linked investment products…

[ad_1] Key takeaways Rising supply and weak technical indicators could pressure PI toward key support at $0.1184.  Around 16 million PI tokens are set to be unlocked on Thursday, with another 14.8 million becoming eligible for mainnet migration on Friday, potentially increasing selling pressure.  Pi Network (PI) traded lower on Thursday after suffering three consecutive…