Ethereum Price Recovery Picks Up, Is a Breakout Now Brewing?

Ethereum price started a steady recovery wave above $2,000. ETH is now consolidating above $2,050 and might aim for more gains. Ethereum started a decent upward move from the $1,935 zone. The price is trading above $2,020 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance…

XRP Price Meets Resistance, Tough Challenge Caps Upside Momentum

XRP price started a recovery wave above $1.3120 and $1.320. The price is now consolidating and might aim for a fresh move above $1.360. XRP price started a recovery wave above the $1.320 zone. The price is now trading above $1.3350 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with resistance…

Dogecoin (DOGE) Consolidates Below $0.10, Breakout Still Elusive

Dogecoin started a recovery wave above the $0.0915 zone against the US Dollar. DOGE is now facing hurdles near $0.0930 and might struggle to continue higher. DOGE price started a recovery wave from $0.0890 and climbed above $0.0920. The price is trading above the $0.09150 level and the 100-hourly simple moving average. There is a…

Recent Bitcoin Rally Saw Retail Shift To Selling, Glassnode Reveals

On-chain analytics firm Glassnode has revealed how the smaller Bitcoin investor cohorts shifted toward distribution in the recent rally. Bitcoin Accumulation Trend Score Shows Selling From Small Entities In a new Accumulation Trend Score. This on-chain indicator basically tells us about whether BTC investors are accumulating or distributing right now. The metric accounts for two…

Expert Finds Prime Bitcoin Buy Zone Below $60,000, Supported By This Vital Indicator

A new analysis released by CryptoQuant, written by contributor CryptoMe, suggests that Bitcoin (BTC) may still have room to fall this year, and that the collapse could give the ideal purchasing opportunity for long-term investors.  Bitcoin Bottom At $54,000? In a Monday report, CryptoMe highlighted the cryptocurrency’s Realized Price indicator as a key reference point…

Dogecoin Network Comes Alive: Active Addresses Jump 28%

On-chain data shows the number of active addresses on the Dogecoin network has shot up recently. Here’s what this could mean for the memecoin. Dogecoin Active Addresses Have Risen To 73,000 As highlighted by analyst Ali Martinez in a new Active Addresses recently. This on-chain indicator keeps track of the total amount of addresses that…