Ethereum News Daily Official TheBitTimes.com

As XRP struggles to reclaim the $3 resistance zone, the asset has received a major boost from whales, a notable vote of confidence amid the current bearish market sentiment. Specifically, on-chain data revealed that whales accumulated more than 340 million XRP in the past two weeks, according to cryptocurrency analyst Ali Martinez’s August 31 X post. This surge in buying suggests that deep-pocketed investors are positioning themselves for a potential rebound despite the token’s recent price weakness. XRP whale transactions. Source: Santiment XRP key price levels to watch  Meanwhile, another Analysis by Martinez identified key price levels to watch for the asset. He noted that $2.76 remains a critical level, having repeatedly acted as a floor for price action over the past month, with buyers stepping in to defend it multiple times. Holding above this line is key to preventing further downside pressure. If the $2.76 support remains intact, XR...

The SHIB price drop forecast looks increasingly concerning as the meme coin has plummeted to a two-month low of $0.00001148, and traders are now wondering if it will break below the crucial $0.00001030 level. The token has lost 12.6% of its value over the past seven days, dropping to 19th place in market rankings amid ongoing crypto market volatility. With technical indicators showing bearish momentum and the RSI at 39, the next Shiba Inu support level at $0.00001030 could be tested soon, making this a critical moment for SHIB price prediction 2025 scenarios. Also Read: Shiba Inu Could Hit Dogecoin’s Market Cap by 2027, Analysts Claim SHIB Price Drop Forecast And Support Levels Amid Crypto Volatility Source: Watcher.Guru SHIB Market Position Takes a Hit After Resistance Failure Right now, SHIB has engineered a concerning trajectory after failing to break through the $0.00001230 resistance level, and the SHIB price drop forecast is looking quite bearish. Across several key trading sessi...

The official Trump price has jumped 10% in the last 24 hours to trade at $17.22 as of 7:30 a.m. EST on a 180% pump in trading volume to $2 billion. Official Trump Price Gears Up For Bullish Breakout The TRUMP/USDT 4-hour chart on Binance highlights a prolonged bearish channel that has dominated the market since late January, characterized by lower highs and lower lows. However, the price has recently formed a double-bottom pattern at the $13.22 support level, indicating potential bullish reversal signals. This support level has held strong, with buyers stepping in to prevent further decline. The RSI at 51.22 is hovering around neutral territory but slightly above the midline, suggesting a balance between buying and selling pressure with a slight bullish inclination. TRUMPUSDT Analysis (Source: TradingView) Immediate resistance is seen at $18.15, which aligns with the previous support-turned-resistance. A breakout above this level could propel the price toward the major r...

The Grass price has plunged 17% in the last 24 hours to trade at $0.8184 as of 7:40 a.m. EST on a 27% drop in trading volume to $213 million. Grass Price Major Support Signals A Potential Rebound The GRASS/USD chart on a 30-minute timeframe indicates potential bullish and bearish signals that traders should consider. The current price stands at $0.8196, hovering just above a critical support level at around $0.80. This support has been tested twice, forming a double bottom pattern, which often signals a possible bullish reversal if the price can break above nearby resistance. However, the short-term momentum remains bearish, as the 50 Simple Moving Average (SMA) trends downward and sits above the current price, near $0.90. This level may act as the first significant resistance if a rebound occurs. GRASSUSD Analysis Source: Dextools.io The Moving Average Convergence Divergence (MACD) indicator also reflects a bearish sentiment, with the MACD line below the signal line and...

A widely followed crypto strategist believes that Bitcoin (BTC) is repeating its early 2020 recovery when it crashed by over 50% in one week before rallying to new highs. Pseudonymous analyst The Crypto Dog tells his 811,100 followers on the social media platform X that there’s a good chance Bitcoin is on the verge of a fresh bull rally after bouncing from its recent low of $48,000 earlier this month. “Started to consider a very optimistic outlook on the market from here, likening this wipeout from $70,000-$50,000 to the Covid crash [of] March 2020. Time will tell, open to other scenarios, but this could be the very beginning of the actual bull run.”  About four years ago, Bitcoin plunged from $8,000 to around $3,700 in just seven days as people panicked amid the emergence of the global pandemic. But after the collapse, Bitcoin rallied to fresh highs in a matter of months. According to The Crypto Dog, Bitcoin looks strong as long as it holds su...

With XRP exhibiting bullish sentiment in the short term, historical technical indicators suggest that the cryptocurrency has more upside potential. In this regard, crypto trading expert Cryptoinsightuk pointed out in an X post on August 20 that XRP has flashed a bullish signal on the four-hour chart. According to the Analysis , XRP’s four-hour Relative Strength Index (RSI) has again entered the overbought zone, a condition that preceded a significant price surge. Picks for you This is how much you’d have if you bought a single gold bar 20 years ago 1 hour ago Brandon Aiyuk's net worth 2024: How rich is the San Francisco 49ers wide receiver? 1 hour ago ...