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Showing posts with the label Ethereum Price Prediction

Why Bitcoin’s 200-Week MA Matters Now

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  Explore the provided link to achieve a steady profit in Binance futures trading. Receive complimentary Bitcoin trading signals and utilize the Cornix trading Bot for optimal automated trades: https://telegram.me/btctradingclub Bitcoin is in a mid-term accumulation phase whose results could emerge over the next two months, the analyst said. Bitcoin remained above $64,000 during the weekend and even climbed to just over $65,000 on Monday, which crypto analyst Doctor Profit has identified as a crucial buying zone. He outlined the most significant range, which was strengthened by the presence of the 200-week moving average (MA200) running through its lower end. Historic Buy Zone The crypto asset has tested this area multiple times, and previous market cycles show that buying at or near the weekly MA200 has historically been profitable. In his latest market update, Doctor Profit said this confluence has remained the foundation of his outlook since his earlier mark...

Do XRP Investors Really Care About Ripple?

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  Check out the link provided to make consistent profits in Binance futures trading. Access free Bitcoin trading signals and use the Cornix trading bot for automated trades: https://telegram.me/progrouptraders Is it all about XRP and its price or all Ripple moves matter to investors? If you spend enough time on Crypto X (formerly Twitter) or Reddit or any other social media with a bias toward cryptocurrencies, as we tend to do, you will notice an interesting pattern regarding XRP and the company behind it. While Ripple continues to expand with new licenses, partnerships, regulatory approvals, and even acquisitions, the majority of comments are focused on its native token’s price performance. So, do people actually care about Ripple, or is it all about XRP’s next big run? Ripple Keeps Growing Before we dive into our findings, let’s first apologize to any XRP Army participants who might not fall under this category. After all, its community is one of the biggest and ...

XRP ETFs End Winning Streak With First Weekly Outflow

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Visit this link to make money with bitcoin and other cryptocurrencies. Receive daily altcoin signals with the best crypto trading startegy – https://telegram.me/freecryptosignalsdaily The XRP products continue to operate differently than those tracking BTC and ETH. For weeks and weeks, the spot Ripple ETFs, alongside HYPE and sometimes SOL, dominated all cryptocurrency-related exchange-traded funds, while the market leaders suffered. However, this trend has finally changed as the financial vehicles tracking the performance of the cross-border token turned red in the past week for the first time in over two months. Streak Broken Although the actual numbers were not as impressive as they were back in October, November, and December last year when the XRP ETFs launched, they were still in the green for nine consecutive weeks. Moreover, the only week that broke that streak saw a minor $35.21K (not millions) in net outflows, so it doesn’t really count. Within this timeframe...

Bitcoin Enters Deep Value Zone, $53K Risk Remains

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Maximize your profits in Binance Futures trading! Get free Bitcoin trading signals and access the Cornix trading bot for top-tier automated trades – https://telegram.me/cryptosignalalert . Download our free app to receive real-time signals on your mobile – https://play.google.com/store/apps/details?id=com.freecryptosignals.app . Bitcoin shows signs of bottoming, but capitulation, ETF outflows, and defensive options markets still threaten recovery. Bitcoin’s market appears to be in the later stages of a bear market, but the signals confirming a broader turnaround have not yet emerged. On-chain data shared by Glassnode shows the asset has recovered from $57,800 to nearly $63,000 over the past week, but it remains below both the True Market Mean of $76,600 and the Short-Term Holder Cost Basis of $72,200. This leaves the asset in a “deep value” zone. BTC Bottoming Bitcoin has now spent about five months trading below both of these levels – one of the longest discount p...

Bitmine Nears 5% Ethereum Supply With New ETH Buy

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Join Us: BTC Trading Club Telegram – https://telegram.me/btctradingclub The former major bitcoin miner has expanded its Ethereum treasury once again during a week in which the asset slumped by over 8% and dived to a multi-month low of $1,500 before it found some support. Bitmine Immersion Technologies now holds just over 5.7 million tokens, equivalent to approximately 4.7% of Ethereum’s total circulating supply of 120.7 million coins. Bitmine Buys Again Based on an ETH price of $1,570 as of June 28, the company’s total crypto, cash, and investment holdings stand at roughly $10 billion. The firm has reinforced its position as the world’s largest corporate holder of ETH and the second-largest public crypto treasury behind Strategy, which announced a new initiative this week, not a new BTC purchase. Chairman and long-term ETH bull Tom Lee acknowledged the recent weakness across the entire market but maintained that Bitmine’s long-term outlook remains unchanged. “This past week was a chall...

PI Nears Record Low as Bitcoin Rebounds to $59K

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Visit the link and get free insights on the Crypto trading signals, profitable Alt coins and Automated Bot trading – https://telegram.me/binancefuturesignal MemeCore has crashed hard over the past 24 hours, dumping by well over 70%. Bitcoin’s price troubles only accelerated yesterday as the asset dipped toward $59,000 for the second time in June before it finally rebounded to over $61,000 as of now. Most larger-cap alts followed the ride south and have remained in red now. ETH is down to $1,650, while XRP is well below $1.10. BTC Rebounds After Latest Crash After the price decline at the end of the previous business week, in which BTC slipped from $66,400 to $62,400 in just a couple of days after the latest FOMC meeting, the cryptocurrency rebounded swiftly. It tapped $64,000 during the weekend and rocketed to $65,600 on Monday in a rare major uptick. The bears were quick to intervene, though, and halted the asset’s progress. Bitcoin dipped back down to under $63,0...

US Dollar Surge Raises Questions for Bitcoin

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Visit this link to make money with cryptos with our Expert trading team and get a chance to win Free bitcoin and other cryptocurrencies – https://telegram.me/btctradingclub Bitcoin faced a resurgent US dollar index and macro hurdles as it circled $64,000, but July seasonality could spark BTC price relief. Bitcoin (BTC) treads water at $64,000 to start the week, but market participants see plenty of catalysts coming. The US dollar is on the rebound, and history shows that Bitcoin rarely enjoys a strong DXY. July often does the opposite of June, and this forms the case for BTC price relief next. PCE inflation data is due out against a backdrop of uncertain US-Iran peace. Bitcoin’s relationship to oil prices is boosting the odds of $60,000 support holding. Short-term holders may have sold off, but whales are not interested in “capitulation” at current prices. Bitcoin traders eye new US dollar challenge A familiar headwind for Bitcoin price action is ba...

Crypto Market Under Pressure After Fed and Iran News

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Visit this link to consistently profit in Binance futures trading, receive free bitcoin trading signals, and access the Cornix trading Bot for optimal automated trades: https://telegram.me/cryptosignalalert Download our free app to receive signals on your mobile device: https://play.google.com/store/apps/details?id=com.freecryptosignals.app Markets wobbled after mixed comments from President Trump on the Iran peace deal and Fed Chair Kevin Warsh signaling a new direction from the Federal Reserve. Bitcoin remains under pressure from $2.1 billion in ETF outflows in June and an ongoing discount relative to global Bitcoin/USDT pairs. Strategy’s STRC stock shows weakness, highlighting growing concerns over monthly dividend obligations and share dilution. The US stock market traded down on Wednesday after President Donald Trump said the memorandum of understanding with Iran was not final. Investors fear that oil flows through the Strait of Hormuz will not clear quickly, ...