Ethereum is more of a currency than Bitcoin, says Jim Cramer, as ETH price attempts to kick-start new uptrend
Etheruem price is trying to find a foothold to kick-start a massive bull rally after weeks of downswings. If the buyers manage to push ETH to set up a new swing high, it will signal the start of a bull rally that could take Ethereum price to levels last seen in mid-June.
Ethereum is now the go-to crypto investment asset for Mad Money’s host Jim Cramer. The host reportedly sold nearly all of his BTC holdings due to China’s recent crackdown on Bitcoin mining.
XRP Price Prediction: Ripple bulls anticipate 20% gains
XRP price has set up a higher low and two higher highs since bottoming on June 22. This move indicates the presence of buyers. While the recent local top might lead to a pullback, it will help the bulls band together, propelling Ripple to critical levels.
XRP price has been on a slow downtrend since June 14 but set up an intermediate swing high at $0.783 on June 21 before the sell-off was exacerbated. This crash bottomed on June 22 at $0.509 and rallied 44% setting up two swing highs, with the most recent one at $0.734.
LTC Price Prediction: The road is long to recovery, but Litecoin will test $160.00 next week
The global recovery is helping several assets across the board and Litecoin is one of them. LTC is on a winning streak with four days of gains in a row, and it doesn’t seem to end soon.
Litecoin is on a winning streak. Today is the fourth day in a row that the cryptocurrency is printing green figures. And it does not look like it is coming to an end for now. With LTC now at $145.00, Litecoin could go to the $160.00 target, a 10% profit.
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Dogecoin's price gained 4% within the daily timeframe to reclaim the $0.40 territory. With selling pressure in decline, on-chain signals suggest DOGE bulls could set sights on a breakout to $0.50.
Ethereum Price Forecast: ETH could see a decline as on-chain and derivatives data paint bearish picture
Ethereum (ETH) declined below $3,100 on Tuesday as market sentiment surrounding the top altcoin is turning bearish. On-chain data reveals that investors are potentially withdrawing and putting sell pressure on exchanges.
Coinbase set to delist WBTC amid cbBTC expansion
Coinbase announced via an X post on Tuesday that it will suspend WBTC trading across all its platforms on December 19. Meanwhile, the exchange also revealed that its wrapped Bitcoin token, cbBTC, launched on Arbitrum earlier today.
Dogecoin Price Forecast: Selling pressure drops 95% as DOGE traders target $0.50 breakout
The Dogecoin price breached the $0.40 resistance on Monday, rebounding from a 15% pullback. On-chain transaction flows observed this week suggest DOGE could be on the verge of another leg-up toward $0.50.
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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