Despite Losing $800M, XRP Bulls Eye a Breakout to $0.63—Can It Happen?
Ripple’s XRP faces significant price volatility, losing around $800 million in the past 24 hours. This plunge follows the increasing volatility across the broader cryptocurrency market. Despite these challenges, Ripple remains within a descending channel pattern that has persisted since July 2024. This ongoing bearish trend has raised concerns among investors, who now wonder whether […]
JASMY 24-Hour Price Analysis: Bearish Momentum Looms for Jasmycoin as RSI Dips Below Neutral With Negative 18.4 Reading
Over the past day, Jasmycoin (JASMY) has seen a steady drop in momentum, with bearish signals beginning to dominate the market. Currently trading around $0.0195, JASMY shows signs of weakening support, as indicated by key technical indicators. This analysis will delve into the price action and examine the potential for further declines in the near […]
Jasmycoin (JASMY) Price Consolidation Amidst Bearish Momentum Holding up to 1.56% Surge: A 24-Hours Technical Analysis
Jasmycoin (JASMY) has recently experienced a downward movement in its price action, showing consolidation signs within a bearish channel. Analysing the 1-hour chart over the last 24 hours reveals that Jasmycoin struggles to hold above its key moving averages, suggesting that bearish forces continue to dominate the market. Jasmy has demonstrated resilient by holding up […]
Why Dogecoin Investors Are Watching $0.11: A Key Resistance Ahead!
Dogecoin (DOGE) is at a crucial point as it nears a significant resistance level of $0.11. This level has major implications for a potential breakout. Current Price Dynamics Currently, Dogecoin trades around $0.10. It has fluctuated between $0.09 and $0.11 for several months. The resistance at $0.11 is particularly important because about 23,400 addresses hold […]
Terra Classic (LUNC) Holds Ground Amid Market Volatility With a Slight 1.41% Decrease in the Last 24 Hours: What’s Next?
Terra Classic (LUNC) has had a rollercoaster ride over the past 24 hours, with price movements indicating both consolidation and potential upside. Despite general market uncertainty, LUNC has shown resilience, bouncing off key support levels and maintaining a relatively stable position with a minor 1.41% decrease. A closer look at the hourly chart reveals critical […]
Will XRP Finally Break the $0.60 Barrier? Here’s What to Expect
XRP has been trading in a symmetrical triangle for over a month, unable to cross the $0.60 price range barrier. Analysts note that XRP is currently 85.12% down from its all-time high of $3.84, and it has been 7 years since the cryptocurrency has come close to reaching its ATH. The SEC’s ongoing lawsuit against […]
Price Analysis: Terra Classic (LUNC) Finds Support Amidst Volatility Surging by 2.91% in 24-Hours – What’s Next?
Terra Classic (LUNC) has been volatile over the last 24 hours, fluctuating prices between support and resistance zones. Despite recent pullbacks, LUNC has demonstrated strength by surging by 2.91%. However, key indicators suggest that LUNC may find stability in the short term. EMA Analysis: Key Support Holds Strong LUNC has been battling to stay above […]
Dogecoin Breaks Long Downtrend: Is a 20% Price Rally on the Horizon?
Dogecoin (DOGE), the largest meme coin, is gearing up for a potential price surge after six months of decline. On September 13, 2024, DOGE broke out of its long-standing descending trendline, signaling the start of a new bullish phase. As a result, on-chain metrics such as future open interest, long/short ratio, and OI-weighted funding rate […]
Jasmycoin (JASMY) Consolidates Below Key Resistance as $0.0202: 24-Hour Price Analysis
Jasmycoin (JASMY), known for its role in IoT and data privacy, has been trading within a narrow range over the past 24 hours. Following a brief bullish attempt, JASMY faced rejection at a crucial resistance level, and the Asian Bitcoin is now showing signs of consolidation as traders await the next directional move. Price Movements […]
Toncoin (TON) Price Consolidates After Volatile Trading Showcasing a 24 Hours 2.53% Surge: Support Zones to Watch
Toncoin (TON) has consolidated after a volatile move that saw the price rally between $5.312 and $5.560. Despite encountering resistance, TON remains within a well-defined bullish channel, displaying a 2.53% surge in the last 24 hours. This 24-hour analysis outlines the critical support and resistance areas, providing insights into what traders can expect. Market Sentiment […]