Crypto.com price struggles to break out, despite kickstarting 2022 Monaco Grand Prix
Crypto.com's partnership with Aston Martin at the 2022 Monaco Grand Prix failed to trigger a bullish sentiment among investors. Analysts identify bullish divergence in the CRO price chart, and set a target of $0.20. The 2022 Monaco Grand Prix was kicked off on May 27 and ends on May 29, 2022.
Dogecoin price fails to recover despite Elon Musk’s announcement
Elon Musk, billionaire investor revealed that Shiba-Inu-themed cryptocurrency Dogecoin can be used to buy merchandise on both Tesla and SpaceX. Despite the catalyst, analysts believe the Dogecoin price could fail to recover from its recent slump and identify $0.0637 as the short-term target.
Analysts fear Bitcoin price correction below $29,000 as BTC decouples with stock markets
Bitcoin price is hit by a slump and dropped below new support levels. The asset is expected to end the week around the $29,000 zone as Bitcoin decouples from stocks. In the recent crypto market collapse, the Bitcoin price witnessed losses for nearly eight weeks.
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Ripple on-chain metrics show bullish signs amidst legal struggle with SEC, XRP eyes recovery
Ripple made a comeback above $0.48 on Tuesday and hovers above that level in Wednesday’s European session. Ripple on-chain metrics such as transaction volume and Network Realized Profit/Loss have turned bullish, supporting a recovery in the altcoin.
Bitcoin price falls amidst German government transfers, miners activity
Bitcoin (BTC) extends correction on Wednesday and hovers around $61,000 after finding resistance near the $64,000 level on Monday. Recent on-chain data indicates heightened selling activity from Bitcoin miners early in the week.
Crypto Today: Bitcoin erases gains from end of June, Ethereum declines while Ripple holds
Bitcoin wipes out gains from the last week of June and falls below $60,000 on Wednesday. Ethereum and top altcoins ranked by market capitalization erased gains as the inflation outlook worsened. Ripple holds on to recent gains and hovers above $0.48 on Wednesday.
Three reasons why altcoins could shake off losses this week
On-chain data from Santiment shows that altcoins are currently in the opportunity zone, or generating buy signals. The top three altcoins in the buy zone are Basic Attention Token (BAT), Chromia (CHR), and Highstreet (HIGH), per Santiment.
Bitcoin: BTC price correction could end in July, according to seasonal data
Bitcoin (BTC) price appears poised for a decline this week, influenced by slight outflows in US spot ETFs, selling activity among BTC miners, and a combined transfer of 4,690.28 BTC to centralized exchanges by the US and German governments.