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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Crypto trader and analyst Ali Martinez is highlighting one Ethereum (ETH) competitor that could double in price after a breakout. Martinez tells his 151,600 followers on X that Solana (SOL) could surge by a little over 100% from the current price to reach a new all-time high price of $360. Based on the analyst’s chart, it appears he’s suggesting that Solana is forming an ascending triangle on the 12-hour time frame. An ascending triangle is typically considered a bullish pattern in technical Analysis . “Not a bad spot to start loading Solana SOL before a breakout.” Source: Ali Martinez/X Solana is trading at $197.46 at time of writing, down by around 32% from the all-time high price of $294. Turning to Bitcoin (BTC), Martinez says the crypto king needs to hold support at $112,000 to avoid further downside risk. “Lose it and $108,000 is next.” Source: Ali Martinez/X Bitcoin is trading at $112,342 at time of writing. Next up is XRP (XR...

A closely followed crypto analyst says that one layer-2 altcoin looks primed to more than double up in price while updating his outlook on the top two digital assets by market cap. In a new thread, crypto trader Michaël van de Poppe tells his 801,200 subscribers on the social media platform X that Ethereum (ETH)-based layer-2 scaling solution Arbitrum (ARB) is on the cusp of sparking a massive rally that could see it surge by about 124%. “ARB has broken out of the range after six months of consolidation. Very likely we’ll start a new uptrend, and the next target zones are $0.95-1.00 and $1.15-1.20.” Source: Michaël van de Poppe/X ARB is trading for $0.523 at time of writing, a 3.2% decrease on the day. Moving on to the flagship digital asset, Van de Poppe says that Bitcoin (BTC) is clearly in an uptrend after setting a new all-time high (ATH) but notes that there will be dips along the way. “Bitcoin prints a new ATH and takes the liquidi...

Bitcoin’s price sank below $96,000 today. This sharp price drop hit the crypto market hard on January 8, 2025. The total crypto market value fell by 6.12% to $3.36 trillion. U.S. Treasury yields and economic worries pushed prices down even more. Source: CoinDesk Also Read: Cryptocurrency Market Loses $622 Million: Why Is It Down Today? How the Bitcoin Price Drop Affects Your Investments and the Crypto Market Source: Watcher Guru Market Impact and Trading Volume Source: CoinMarketCap The Bitcoin price drop pushed values down to around $95k. This marks a 5.23% fall in one day. Trading went up by 26.81% to $62.56 billion as more people sold their coins. The Fear & Greed Index hit 54. This shows traders feel unsure about Bitcoin investment risks right now. Altcoin Market Response The latest cryptocurrency market news shows other coins suffered, too. Ethereum fell 8.61% to $3,352.49. Solana dropped 9.21%, and XRP lost 5.06%. The Bitcoin price drop hurt most coins. Only BGB went up by 2...

XRP’s recent price moves have caught attention. Its bull rally and consolidation phase have ended, leading to experts’ new crypto forecasts. Let’s dive right in and find out more about this topic! Also Read: Dogecoin’s Network Activity Soars: Can DOGE Hit 20 Cents Soon? XRP’s Bull Rally: Understanding Consolidation And Market Forecasts Source – FXEmpire Breaking Out of Consolidation XRP ended its two-week consolidation on October 15, 2024. It jumped 3.6% in 24 hours, and trading volume increased by 90%. This shows that more investors are becoming interested. Technical Analysis Looks Positive XRP’s technical indicators look good. It’s testing the 200-day Exponential Moving Average. Breaking this level could lead to more gains, which could start a longer bull rally. Also Read: BRICS Advances ‘Multicurrency System’ To Break US Dollar Dominance On-Chain Data Supports Bullish View On-chain data backs up a positive outlook for XRP. The Long/Short rati...

Several cryptocurrencies, including Bitcoin, continue to experience sluggish performance following recent sell-offs by significant players and prominent entities. The broader market outlook remains cautious, further contributing to the downtrend. However, historical patterns indicate that periods of intense selling pressure often present strategic entry points for astute investors.  Additionally, India’s potential approval of digital assets has introduced a wave of optimism into the cryptocurrency market. New cryptocurrency releases, listings, & presales today also garner attention from a wider audience, with InsideBitcoins offering a curated list of these tokens for interested investors. New Cryptocurrency Releases, Listings, and Presales Today The TNA protocol offers a novel method for creating and managing unique name assets on the Bitcoin mainnet. Mega Dice is a project on the Solana blockchain that seeks to merge online gambling with advancements in cryptocurrenc...