Bitcoin Price Analysis: BTC/USD jumps up after charting morning star pattern this Wednesday
BTC/USD bulls remain in cruise control after the price went up from $7,137 to $7,147.20 this Wednesday. Before this, BTC/USD finished charting a morning star pattern this Tuesday when it bounced up from the upward trending line and flew up from $6,855.70 to $7,137 – going past $7,000.
Ripple Price Analysis: XRP/USD peaks back above $0.19 as bulls retain control
XRP/USD bulls retained control as the price jumped from $0.1883 to $0.1902. In the process, XRP/USD managed to break above the SMA 20. The MACD indicates decreasing bearish momentum, while the Elliott Oscillator had 12 red sessions out of the last 13.
Ethereum Technical Analysis: Why ETH/USD rebound to $200 is unstoppable?
Ethereum price recently displayed a show of strength, resilience, and the ability to shake off the selling pressure by breaking several barriers towards $200. Support established at the 38.2% Fib retracement level, taken between the previous drop from $289 to a swing low of $90.
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Bitcoin (BTC) trades slightly up, around $64,000 on Thursday, following a rejection from the upper consolidation level of $64,700 the previous day. BTC’s price has been consolidating between $62,000 and $64,700 for the past week.
Why is ONDO’s price outlook bullish?
DefiLlama data shows that Ondo TVL reached a new ATH of $613.75 million. Ondo’s Supply Distribution metric shows whale accumulation. On-chain data shows that ONDO’s daily trading volume is rising, and the supply of exchanges is decreasing.
Maker price eyes a rally on technicals and on-chain metrics
Maker trades above $1,500 on Thursday, suggesting a potential rally as technical indicators show bullish divergence. This positive outlook is reinforced by MKR’s Exchange Flow Balance, which shows a negative spike, indicating growing investor confidence in the platform.
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