Top 3 Price Prediction Bitcoin, Ethereum and XRP: Bitcoin slumps to $10,700 as bears return
Cryptocurrencies are in red on Wednesday as we usher in the European session. Major digital assets such as Bitcoin, Ethereum, and XRP have been capped under key resistance levels at $11,000, $360, and $0.25 in that order. On the contrary, some selected cryptocurrencies like Cosmos (ATOM) and THETA are up 12% and 9%, respectively. On the other extreme end, UMA is among the worst-hit digital assets, after plunging more than 10% over the last 24 hours. Read more ...
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Stellar Price Analysis: XLM prints a scary bearish pattern on its monthly chart
Stellar (XLM) is the 18th largest digital asset with a current market capitalization of $1.5 billion and an average daily trading volume of $115 million. The coin is most actively traded at Binance against USDT and BTC. The coin, created by Jed McCaleb, came to life in July 2014 as a primary competitor of Ripple. Read more ...
Ren Technical Analysis: REN’s splendid recovery stalls as bears swing into action
Ren is among the few cryptocurrencies that sustained an uptrend in the last week. Before the recovery, a breakdown that came into the picture in the first week of September saw the token explore the rabbit hole to lows of $0.16. A reversal on September 20 sent REN/USD piercing through various resistance zones, including $0.20 and $0.24. Unfortunately, the majestic spike ground into a halt beneath $0.25. Read more ...
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Is Altcoin Season here as Bitcoin reaches a new all-time high?
Bitcoin reaches a new all-time high of $98,384 on Thursday, with altcoins following the suit. Reports highlight that the recent surge in altcoins was fueled by the victory of crypto-friendly candidate Donal Trump in the US presidential election.
Shanghai court confirms legal recognition of crypto ownership
A Shanghai court has confirmed that owning digital assets, including Bitcoin, is legal under Chinese law. Judge Sun Jie of the Shanghai Songjiang People’s Court shared this opinion through the WeChat account of the Shanghai High People’s Court.
BTC hits an all-time high above $97,850, inches away from the $100K mark
Bitcoin hit a new all-time high of $97,852 on Thursday, and the technical outlook suggests a possible continuation of the rally to $100,000. BTC futures have surged past the $100,000 price mark on Deribit, and Lookonchain data shows whales are accumulating.
Shiba Inu holders withdraw 1.67 trillion SHIB tokens from exchange
Shiba Inu trades slightly higher, around $0.000024, on Thursday after declining more than 5% the previous week. SHIB’s on-chain metrics project a bullish outlook as holders accumulate recent dips, and dormant wallets are on the move, all pointing to a recovery in the cards.
Bitcoin: New high of $100K or correction to $78K?
Bitcoin surged to a new all-time high of $93,265 in the first half of the week, followed by a slight decline in the latter half. Reports highlight that Bitcoin’s current level is still not overvalued and could target levels above $100,000 in the coming weeks.
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