Analysis News

Markets have been loud this week. Precious metals punched through records, then gave back much of their gains, while major crypto tokens barely budged. That contrast is what has people talking. Related Reading: Ethereum Boost: Vitalik Buterin Sets Aside $45M In ETH For Privacy And Open Tech Gold’s Sudden Market Jump According to posts on X by market commentators, gold’s capitalization rose by roughly $2.2 trillion inside a single trading session. That move pushed the metal into an eye-catching valuation that dwarfs many crypto assets. That figure equals nearly 20 times the entire market cap of XRP, which sits close to $103 billion based on recent prices. Bitcoin, valued near $1.77 trillion at the same time, was also overtaken by gold’s one-day gain. The scale of the ...

The XRP price was caught in the latest crypto market-wide selloff, falling to an intraday low of $1.57 within the past 24 hours. The sudden drop brings into focus XRP’s higher-timeframe structure, which is teasing a break below the 33-month exponential moving average.  According to a technical assessment shared on X by crypto analyst Egrag Crypto, the recent drop below the 33-month exponential moving average does not automatically signal the end of XRP’s cycle, but XRP must close above an exact level to avoid a macro bearish confirmation. Related Reading: Ethereum Boost: Vitalik Buterin Sets Aside $45M In ETH For Privacy And Open Tech The 33 EMA Breakdown Signal At the time of writing, XRP is back to trading around $1.65, stabilizing after a volatile few hours that f...

The Ethereum price has been under intense bearish pressure over the past few weeks, reflecting the overall fragile state of the cryptocurrency market. The altcoin lost nearly 20% of its value in the past week, free-falling under the psychological $3,000 level since Thursday, January 29th.  With the market still showing signs of further downside risk, there is no telling how deep the Ethereum price will fall in the current bearish setup. However, the latest on-chain data has offered insights into the next critical levels for the second-largest cryptocurrency. ETH’s Next Support Stands At $2,475: Glassnode In a recent post on the X platform, crypto analyst Ali Martinez identified the next three on-chain support levels for the Ethereum price. This on-chain evaluation re...

A fresh whale on the XRP ledger moved a large chunk of tokens in a very short time, and traders are split on what it means. According to on-chain records, a newly activated address received two equal transfers that together totaled $120 million XRP. The transfers came through an intermediary wallet that shuffled the coins across multiple quick moves. Related Reading: Crypto Funds Bleed $1.80 Billion As Metals Rally Heats Up Whale Activity And The Flow Of Funds Reports say the incoming batches were two transfers of $60 million XRP each. The intermediary took each batch and pushed them onward to a holding address within the hour. That receiving account now shows a balance of $185 million XRP after adding a leftover $35 million it already held. Exchange tags are absent....

The Bitcoin market experienced a shockingly dramatic weekend, as opposed to the typical silent price action displayed in previous weekends. On Saturday, January 31st, the world’s leading cryptocurrency seemingly led other crypto assets south of the charts, with its price falling from $84,350 to as low as $75,000 in a single swoop.  As this unfolded, an inversely correlated shift also played out underneath the charts. A recent on-chain evaluation has pointed out that Bitcoin’s Long-term Holder behavior is changing, contrary to what its short-term holders are doing. Long-Term Holders Accumulate As Short-Term Supply Declines Pseudonymous on-chain analyst Darkfost recently took to CryptoQuant, via a Quicktake post, pointing out that Bitcoin’s long-term holders are rackin...

In the past few hours, Bitcoin has dropped below $80,000 amid another wave of liquidations as January comes to a rather volatile close. Analysts at Kobeissi note there have been three notable liquidation events in the past 12 hours, resulting in a combined loss of $1.3 billion. Such developments, coupled with a very fearful market after last week’s price slump, have pushed Bitcoin below a key price level. According to the renowned market expert Burak Kesmeci, Bitcoin’s behavior towards this $80,000 price zone holds significant consequences for the market trajectory. Related Reading: Bitcoin Estimated Leverage Ratio Spikes To New High — Fresh Volatility Ahead? Bitcoin Slips Under ETF Realized Price As Downside Risk Grows In a recent X post, Burak Kesmeci outlines the ...

Bitcoin bearish sentiments continue to dominate the market, after prices fell below the key $80,000 on January 31, resulting in a new wave of market liquidations. Interestingly, a pseudonymous analyst with the username CryptoMe has identified an “air pocket” in the present price structure, which potentially points to the downside target of this recent price drop. Related Reading: Bitcoin Adjusted SOPR Shows Market At Pivotal Junction — What’s Next? Bitcoin Now Below $80K Support Zone – What Next? In a QuickTake post on January 31, CryptoMe draws attention to an existing price vacuum between $73,000 – $80,000 as confirmed by three different market metrics. This observation is important in anticipating Bitcoin downside targets, considering the presently heightened mark...

SUI is approaching a critical smart money zone, with price action signaling that big moves could be on the horizon. Sustained trading above $2 may trigger a breakout, setting the stage for the next significant leg higher. SUI Reaches Stage For Major Money Entry Crypto analyst Crypto Patel, in a recent post, highlighted that SUI is at the same stage where big money typically enters the market, urging traders not to miss this opportunity. According to the weekly chart, the long-term ascending channel remains intact, and price is currently trading near a sell-side liquidity grab close to trendline support, signaling potential accumulation. Related Reading: SUI Reclaims Key Support With Strength — Is $2.35 The Next Target? The chart also shows strong weekly demand and a ...

Shiba Inu has spent recent weeks locked in a downward price action with bullish momentum fading and investor interest thinning without a clear bullish direction. However, holders may finally have something concrete to anticipate. Refreshing activity from Shytoshi Kusama, the Shiba Inu ecosystem’s lead developer, has diverted attention to a key moment expected on Sunday. Lead Dev Breaks Silence, Teases Sunday That dynamic began to change when Shytoshi Kusama, the pseudonymous lead developer and co-founder of the Shiba Inu ecosystem, resurfaced on X after a prolonged absence since early December. However, Kusama broke his silence this week with a thread on X explaining the reasons behind his inactivity and has since returned to regular posting and reposting activity. R...

Bitcoin has once again fallen below a critical support zone, raising questions about whether the market is gearing up for a deeper sell-off. With selling pressure still intact, traders are now watching key levels closely to see if a final flush toward lower support is imminent. Price Faces Another Rejection MakroVision Research shared on X that Bitcoin has once again met strong rejection, resulting in a decisive break below several key support levels. Price has now slipped back into the range of the previous low and continues to trade beneath the critical green resistance zone between $85,200 and $86,200, highlighting that bearish pressure remains in control for now. Related Reading: Bitcoin Supply In Loss Begins To Rise, Raising Early Bear Market Concerns On the ver...