Due to downside cycle and breakout of the upside Pitchfork channel, I see potential for the further drop...
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Bitcoin’s price finds support around its key level, while Ethereum’s price is approaching its key resistance level; a firm close above it would signal a bullish trend. Ripple price trades within a symmetrical triangle on Friday, a breakout from which could signal a rally ahead.
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Ripple's XRP is up 7% on Thursday, extending its rally that began during the New Year's Day celebration. If long-term holders continue their recent accumulation, XRP could overcome the $2.9 resistance level and aim for a new all-time high.
Bitcoin Price Prediction: BTC tops $97K as Microstrategy, Coinbase kick-off 2025 in green
Bitcoin price crossed $97,750 on Thursday, rising 7% since MicroStrategy’s latest BTC $200 million purchase on Monday December 29. On-chain data shows user activity on the Bitcoin network is still trending 30% below last month's peak.
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In a report on Thursday, DWF Labs revealed that the meme coin market cap skyrocketed over 500% in 2024 following a change in how investors perceive their value, especially among the younger generation.
Bitcoin: 2025 outlook brightens on expectations of US pro-crypto policy
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