Anticipation of Ripple’s annual event has failed to lift investor sentiment as XRP price risks dropping to $2 in the coming days or weeks.
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.
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Multiple technical indicators suggest a potential XRP price rally toward $3 in the coming days as the balance on exchanges hits five-year lows.
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SOL analysts highlighted the potential of its price to surge to $400 and beyond, fueled by the launch of the first Solana ETF in the United States.
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XRP may surge to $3 amid strong bullish signals, including Evernorth’s $1 billion accumulation and a growing supply shock at exchanges.
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Dogecoin must break above the $0.20 resistance level to signal a reduction in selling pressure, potentially sending the DOGE price beyond $0.25.
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HYPE has entered a classic breakout stage after its Robinhood listing, now eyeing a 40% price rally by November.
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Bitcoin traded 13% below its $126K all-time high as traders said the BTC price could drop to $88,000 over the next few days if key support levels don’t hold.
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Fewer buyers and weakening price technicals could spell trouble for the BNB price, as bulls must hold $1,000 support or face a deeper correction.
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A mysterious whale moved $588 million in Bitcoin to exchanges, sparking fresh fears of a deeper BTC price drop that could test $100,000 support
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Turn social hype into smart signals with Grok 4: scan sentiment, summarize fundamentals and confirm onchain data before investing.
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Musk’s tweets ignited DOGE’s meteoric 2021 rally, and with bullish signals returning, the memecoin might be gearing up again.
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Patterns, tools and indicators are key to making smarter crypto trading decisions. They help you spot trends and anticipate market moves with better insight.
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XRP showed renewed strength after weeks of declines, emerging as one of day’s top performers among major cryptocurrencies.
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Ether price eyes $4,500 as a classic chart pattern, and onchain MVRV data align to signal renewed upside momentum this month.
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Bitcoin-to-gold ratio hits historic lows that previously preceded major bull runs, with past bottoms preceding 100–600% BTC price rallies.
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