Traders say an ETH rally to $3,200 could result from a “golden cross” pattern, but other Ether price metrics are not so bullish.
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- Market Analysis
- Market Update
Bitcoin charts show bearish divergences across multiple timeframes, a hint that price rallies above $110,000 could be a trap.
- Price Analysis
XRP could rally to $2.65 as a bullish trading pattern, and investors’ excitement over Ripple Labs’ US banking license application boosts interest in the altcoin.
- Price Analysis
Growth in companies adding to their ETH treasuries and the acceleration of Ethereum adoption in TradFi could send Ether price to $2,800.
- Price Analysis
Bitcoin bulls will have to maintain the price above $109,000 to enhance the prospects of a breakout to a new all-time high above $111,980.
- Altcoin Watch
XRP’s price breaks out of a “pennant” with a profit target of around $3.20 amid increasing futures open interest.
- Market Update
Bitcoin reverses its push beyond $110,000 as markets discount the odds of the Federal Reserve lowering interest rates before September.
- Market Analysis
A large cluster of potential short liquidations near $111,320 could trigger a squeeze to accelerate Bitcoin’s next leg higher into price discovery.
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