May 2024 – Coins Cap News
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Expert Charts 1,400% Course To $7.5 For XRP Price As RSI Falls To All-Time Low

Xrp

Crypto analyst Egrag Crypto has provided another bullish narrative for the XRP price. This time, he outlined two scenarios that could occur and cause the crypto token to experience a breakout, potentially sending it as high as $7.5. This comes with the recent revelation that XRP’s Relative Strength Index (RSI) has reached its lowest ever. …

Expert Charts 1,400% Course To $7.5 For XRP Price As RSI Falls To All-Time Low Read More »

Bitcoin ‘Realized Volatility’ Showing Very Rare Trend: What Could Be Next

Bitcoin News

Data shows that the Bitcoin Realized Volatility metric has fallen to historically low levels. What generally happens after this pattern forms? Bitcoin Realized Volatility Has Decline To Extreme Lows Recently In a Realized Volatility here refers to an indicator that basically tells us about how volatile a given asset has been based on its price…

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Bitcoin vs. Gold: Why This Trader Believes BTC Will Surge By More Than 300%

Bitcoin News

Seasoned trader Peter Brandt’s recent prediction has captured significant attention. Brandt, known for his crypto market insights, has forecasted a substantial rise in Bitcoin’s value compared to gold, suggesting an impending shift in investors’ asset preferences. Bitcoin vs. Gold: A Shift In Value Peter Brandt, particularly, projected an eye-opening scenario where Bitcoin could dramatically outpace…

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Solana-Based Dogwifhat Reaches Critical Level That Could Lead To Catastrophic Crash

Meme Coin

Crypto analyst Crypto Jack has suggested that Solana-based meme coin Dogwifhat (WIF) could soon witness a catastrophic crash. He noted what needs to happen for the meme coin to avoid this significant price decline.  How Dogwifhat’s Price Could Crash Significantly  Crypto Jack mentioned in an X (formerly Twitter) post that Dogwifhat’s price needs to stay…

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Market Analysis: How Will Mt. Gox’s Bitcoin Distribution Affect Crypto Prices?

Bitcoin News

As the defunct cryptocurrency exchange Mt. Gox prepares to distribute around $9 billion worth of Bitcoin, some investors are worried about the potential impact on prices. However, industry experts and major creditors believe that any short-term volatility will be outweighed by BTC’s long-term bullish prospects.  With the approval of US spot Bitcoin exchange-traded funds (ETFs),…

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Crypto Analyst Reveals Why $69,000 Is Very Important In The Grand Scheme Of A Bitcoin Recovery

Btc

Crypto analyst Pierre has provided insights into why $69,000 is a significant price level for Bitcoin. He suggested the flagship crypto could hit a new all-time high (ATH) if it successfully holds above that range.  A Breakout Above $69,000 Could Lead To A Bitcoin Recovery Pierre mentioned in an X (formerly Twitter) ATH region of…

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Ethereum Investors Take On Sky-High Leverage: Brace For Volatile Storm?

Ethereum News

Data shows the investors in the Ethereum derivatives market have been taking on very high leverage recently, something that could lead to volatility for the asset. Ethereum Estimated Leverage Ratio Has Been At Extreme Levels Recently As pointed out by an analyst in a CryptoQuant Quicktake Estimated Leverage Ratio” (ELR) refers to an indicator that…

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Rumor Of Apple Partnership Sends Crypto Altcoin Soaring By 20%

Cryptocurrency Market News

A whirlwind of speculation is currently surrounding the crypto asset JasmyCoin (JASMY), colloquially termed the “Bitcoin of Japan,” following a recent announcement from the Prime Minister’s Office of Japan. Yesterday, it was disclosed that a video conference between Prime Minister Kishida and Apple CEO Tim Cook had confirmed the integration of Japan’s My Number Card…

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Near Protocol Breaks Out From Wedge Pattern: Why This Could Trigger A 37% Crash

Near

Near Protocol has had a good year in 2024 so far and has continued to hold up quite nicely despite the multiple crashes that have rocked the market. However, it seems that the altcoin may have exhausted its runway, as a crypto analyst believes its earlier breakout is very bearish for the price. Near Protocol…

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Ethereum Bloodbath: Over $55 Million In Longs Liquidated As Price Plummets

Cryptocurrency Market News

The recent price action of Ethereum has not been so much of a breeze. The second-largest cryptocurrency by market cap experienced a surge that nearly reached its all-time high, only to be met with a sharp reversal, leaving long traders licking their wounds. Bulls Take A Hit, But Sentiment Remains Positive The past few days…

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