May 2024 – Page 32 – Coins Cap News
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XRP Bears Keeps Pushing, Indicators Suggest A Strengthening Case of More Losses

Xrp

XRP price started a fresh decline from the $0.5050 resistance zone. The price could decline further if there is a close below the $0.4865 support. XRP extended losses and traded below the $0.500 support. The price is now trading below $0.4950 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming…

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XRP On A Sinking Ship? Why Altcoin’s Price Continues To Plunge

Cryptocurrency Market News

The once-booming cryptocurrency Ripple (XRP) finds itself in a precarious position. The past month has been marked by a significant drop in XRP’s value, leaving investors and analysts in a state of flux. While some fear a continued decline, others see potential for a comeback, with technical indicators hinting at a possible reversal of fortune.…

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Solana Snowfall? Price Plunges Amidst Market Correction – Will It Get Worse?

Solana

Solana, the high-speed blockchain once hailed as an Ethereum killer, finds itself in choppy waters. After reaching an all-time high of $203 in March 2024, the cryptocurrency has experienced a significant correction, currently trading at $145. Analysts warn of a potential freefall, citing both external market forces and internal ecosystem woes. Solana’s Descent: A Shooting…

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Is The Bitcoin Bottom In? Buy The Dip Sentiment Erodes Amid Drop Toward $60,000

Bitcoin

Bitcoin has been sliding down since it reached its all-time high in March. This has largely led to a buy-the-dip sentiment among crypto traders, with many believing the correction would end as soon as it ended and Bitcoin would surge again to new all-time highs.  According to crypto analytics platform Santiment, the thrill of scooping…

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Bitcoin On-Chain Activity Nearing Historic Lows – What This Means For BTC Price

Bitcoin

The price of Bitcoin has continued to move within a consolidation range since hitting a new all-time high in mid-March. This sluggish price action has been a source of worry to most investors, especially when the premier cryptocurrency recently lost its support at the $60,000 level. Interestingly, price is not the only Bitcoin metric that…

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US Mega Banks JP Morgan And Wells Fargo Unveil Bitcoin Exposure As BTC Drops To $60,000

Bitcoin

BTC’s price dipping slightly above $60,000.  US Financial Banks Expose Spot Bitcoin ETF Holdings American financial services companies, Wells Fargo and JP Morgan, have revealed their exposure to BTC by disclosing their adoption of Spot Bitcoin ETFs in a recent filing. This decision to invest in BTC ETFs marks a notable change from the banks’…

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Cardano Ready For 15x Move, Crypto Analyst Reveals The Major Drivers

Cardano

Cardano (ADA) looks primed to make that move to the upside, with crypto analyst Javon Marks revealing what could make the crypto token see a 15x increase in its price. Marks’ analysis comes amidst recent price predictions, which paint a bullish outlook for Cardano.  How Cardano Could See A 15x Increase In Its Price Marks…

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