During their bull runs, XLM and XRP often move in sync, with a high correlation coefficient typically topping 0.70. Will history repeat for Stellar?
Tech Analysis News
Technical analysis, often abbreviated as TA, is a method used in the cryptocurrency market to evaluate and predict price movements based on historical market data. Cryptocurrency traders utilize a range of technical analysis tools and techniques to make well-informed decisions. It mostly focuses on analyzing price charts and finding patterns and trends by using statistical measures. Moving averages, support and resistance levels, the relative strength index and Bollinger Bands are frequently used tools in technical analysis.
Technical analysts believe that historical price movements tend to repeat themselves, and certain patterns can indicate future market direction. For instance, a head-and-shoulders pattern might suggest an upcoming trend reversal. Traders also use chart patterns like flags, triangles and double tops to anticipate market movements. Moreover, indicators like the moving average convergence divergence help gauge the strength of a trend.
However, it’s essential to note that technical analysis is not foolproof and should be used in conjunction with other methods.
- Altcoin Watch5547
- Altcoin Watch
XRP’s market cap could surge past $250 billion, backed by historical fractals and Fibonacci targets after a key breakout pattern.
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Ethereum's native token still trails behind Bitcoin in returns this year, suggesting more room for upside as technical momentum builds.
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Bitcoin may retest the $114,000–$115,000 zone, its former resistance turned support, before BTC price continues its rally toward $160,000.
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Is Bitcoin headed for a correction after $130K or $200K? Various BTC price charts are painting several different targets to watch out for.
3009 - How to
Hype moves fast, but real crypto innovation is quieter. Use GitHub, Discord and X to spot legitimate projects before they moon or rug.
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Bullish chart setups hint at more upside for XRP, with price targets near $2.87 and possibly $3.72 if momentum holds.
20676 - Market Analysis
Ethereum is eyeing a breakout toward $3,400 as it consolidates within a bull pennant, echoing classic continuation patterns from past rallies.
7139 - Altcoin Watch
XRP price flips key breakout zone into support, but significant overhead resistance from the 200-day SMA at $2.36 remains the most important barrier for the bulls.
14123 - Altcoin Watch
XRP price dropped over 45% once after its daily Stochastic RSI hit overbought levels, and the same signal is flashing again this July.
17235 - Market Analysis
Bitcoin price rally stalls at $110,000 after strong US employment data, with big overhead resistance at $112,000 and several key support levels below.
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A large cluster of potential short liquidations near $111,320 could trigger a squeeze to accelerate Bitcoin’s next leg higher into price discovery.
4178 - Altcoin Watch
XRP remains at risk of dropping to $1 if a key support zone is lost — one that aligns with the onchain realized price level.
15507 - Altcoin Watch
XRP price teases a breakout ahead, with big overhead resistance between $2.20 and $2.30 still in place and several key support levels below.
17804 - Market Analysis
XRP whale flows flipped positive in May for the first time in months, signaling renewed accumulation and growing bullish sentiment.
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