Features Crypto News by Thebittimes.Com

As XRP consolidates below the $3 mark, a cryptocurrency analyst has noted that the asset’s technical structure hints at a possible rally toward the $8 level. Specifically, the current XRP consolidation serves as a breakeven point for further gains, and once the $3 resistance is breached, the next target could exceed $5, according to pseudonymous analyst Dark Defender in an X post on February 4. Once this resistance is broken, the bullish wave structure suggests a strong push toward $5.85, with the final fifth wave aiming for levels above $8. Picks for you World Mobile teams up with DITO CME to promote blockchain connectivity in Philippines 3 hours ago AI predicts Shiba Inu (SHIB) price for February 28, 2025 ...

A closely followed crypto strategist and trader thinks Ethereum (ETH) is gearing up to ignite big breakout rallies. Pseudonymous analyst Inmortal shares a chart with his 217,500 followers on the social media platform X suggesting that Ethereum will see one final dip before sparking a 75% surge to his target of $4,100. “Call me crazy, but I think ETH is a good SPOT trade here. Slower than SOL, but safer.”  Source: Inmortal/X Zooming in on Ethereum, Inmortal notes that ETH has already broken out of its horizontal resistance on the low time frame. “ETH showing the way. Classic consolidation below resistance + higher lows.”  Source: Inmortal/X At time of writing, Ethereum is trading for $2,668. Turning to Ethereum challenger Solana, Inmortal shares a chart suggesting that SOL is mirroring its 2021 price action when it witnessed a lengthy consolidation period before a massive eruption. “SOL.”  Source: Inmortal/X In 2021, SO...

After months of consolidating below the $1 mark, an analyst has observed that Cardano (ADA) could be primed for a potential parabolic rally based on the token’s technical setup. In this context, ADA has triggered one of the most powerful buy signals on its weekly time frame, targeting price levels around $5, as observed by TradingShot in a TradingView post on September 24. According to the Analysis , Cardano’s one-week Logarithmic Moving Average Convergence Divergence (1W LMACD) has formed a bullish cross for the first time since October 2023. This signal marks a significant shift for ADA, suggesting that a major upward move could be on the horizon. Picks for you Ripple sells over $200 million of XRP in September's selling spree 2 hours ago ...

Amid Bitcoin’s (BTC) ongoing consolidation just below the $60,000 mark, technical Analysis and historical price movement hint at an imminent high for the cryptocurrency. Notably, Bitcoin’s ‘blue year’ structure guides the timing of the upcoming peak, suggesting that history might already have offered clues for the next peak. In this line, according to crypto analyst CryptoCon in an X post on August 15, the ‘blue year’ refers to a specific year within Bitcoin’s four-year halving cycle, characterized by a repeating pattern of price movements.  Picks for you Senator Ted Cruz now holds this much Bitcoin 1 hour ago Michael Burry’s shocking move: Ditching gold for bold bet on these assets ...