Analysis News

Bitcoin price started a fresh decline below $95,000. BTC is consolidating losses and remains at risk of more losses if it dips below $92,000. Bitcoin started a sharp decline below $95,000 and $94,000. The price is trading below $93,500 and the 100 hourly Simple moving average. There was a break below a declining channel with support at $93,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it stays below the $954000 zone. Bitcoin Price Dips Sharply Bitcoin price failed to stay above the $94,500 support and started a fresh decline. BTC declined sharply below the $94,000 and $93,500 support levels. There was a move below the 61.8% Fib retracement level of the recent wave from the $89,995 swing low to the $97,898...

A sharp comment from a well-known XRP Ledger developer has sparked fresh debate around savings, inflation, and what smart money looks like today. Related Reading: What’s Driving The $1.42 Billion Comeback In Spot Bitcoin ETFs? Bird, the developer behind the XRPL-based meme coin DROP, drew attention after saying that anyone holding more value in XRP than in their bank account is a “genius.” The word choice was bold, and it quickly spread across social media, pulling in both supporters and critics. Genius Or Gamble In An Inflation Era According to Bird, the label has less to do with bragging rights and more to do with awareness. He argues that many people trust banks by default, assuming savings accounts protect their future. The problem, he says, is math. Savings rate...

Ethereum is showing signs of strength on two critical fronts at the same time. On-chain activity has climbed to record levels, reflecting heavier real usage across the network, while long-term technical structure is leaning towards upside continuation. Together, these signals suggest that Ethereum’s current phase may be more than just sideways movement, as underlying data points to sustained demand and constructive price behavior. Related Reading: Saylor Defends Bitcoin Treasury Firms Amid Rising Criticism Ethereum Daily Transactions Reach New High Ethereum’s price action is turning bullish with a steady increase in recent days. Notably, on-chain data shows that this increase is on top of steady on-chain activity in recent days. Data from Ethereum’s on-chain activity...

Going into the weekend, the price of Bitcoin was unable to sustain the bullish momentum it displayed earlier in the past week. Since Friday, January 16th, the world’s leading cryptocurrency, repudiated by the price resistance above, now trades in a tight consolidatory bracket. Interestingly, this period of silence has been deemed transient, as recent on-chain data suggests an exciting time ahead for the BTC price. Kimchi Premium Flips Positive As Local Demand Sees Buildup  In a January 17 post on the X platform, DeFi asset management platform XWIN Finance released an on-chain report, which suggests that Bitcoin might be closer to reaching a turning point than is apparent in its price action.  Related Reading: Bitcoin Price To $100K: Why All Eyes Are On The Short-Term...

Fresh money poured back into US spot Bitcoin ETFs this week, giving the market a clear jolt after a quiet month. The inflows totaled about $1.42 billion, the biggest weekly pickup since early October. That rush pushed prices higher for a time and pulled a lot of attention back to these regulated funds. Related Reading: Saylor Defends Bitcoin Treasury Firms Amid Rising Criticism Institutional Demand Comes Back Reports say big, familiar investors are rejoining these funds. Managers with large pools of capital are using ETFs to get Bitcoin exposure in a way that fits standard rules and reporting. Some of the buying came through a tight set of funds that have wide reach with big clients. The move is being read as a return of steady, long-term money rather than quick spec...

The SUI price struggled to replicate its early-year momentum over the past week despite the general market seeing renewed optimism. The altcoin’s price mostly moved sideways, oscillating between the $1.70 – $1.90 levels. According to a popular analyst on the social media platform X, this slight inactivity might be a bullish signal of what is to come over the next few weeks. Is SUI On The Verge Of A 30% Surge? In a January 18 post on the X platform, crypto analyst Ali Martinez shared an interesting chart setup for the SUI price. According to the market pundit, a break out of the current chart setup could see the altcoin reach the $2.29 level over the coming weeks. Related Reading: Dogecoin RSI Just Entered Historical Oversold Levels Again, Will It Repeat 2021? The rat...

Bitcoin recently failed to overcome the $97,000 resistance following its price surge seen in mid-January. At the moment, the leading cryptocurrency has taken on a state of inertia, with no significant movement in either direction seen. However, an investigation of on-chain dynamics has recently revealed that trouble might be looming for the flagship cryptocurrency. Related Reading: Bitcoin Holds Key Support As Weekend Liquidity Sets In — $98,200 And $107,500 In Focus Sudden Inflows: Caution Or Opportunity? In a QuickTake post on CryptoQuant, key opinion leader CryptoZeno shares a potentially foreboding observation on Bitcoin’s market dynamics, saying the premier cryptocurrency could be facing a risk of distribution in the near-term. This conjecture is based on the Bi...

The XRP market recorded a net negative performance in the past week, resulting in a minor 1% price decline. A very volatile market movement saw the altcoin trade as high as $2.17 before returning below the $2.10 resistance. As XRP investors eagerly await the next market move, recent on-chain data shows evidence of another impending price breakout. Related Reading: XRP Wave C Push On The Way: What Could Send Price Below $2? XRP Negative Funding Rates Fuel Positive Market Bias In exchange activity, funding rates refer to periodic payment mechanisms used in perpetual futures markets to keep the futures price aligned with the spot price. A positive funding rate suggests that long positions are overcrowded, which sees these long traders pay premiums to short traders to ma...

A warning signal is flashing on the charts, with market analysts predicting that the Bitcoin price could collapse again soon. According to technical analysis, if BTC fails to continue its uptrend, it could repeat the bear-market crash from past cycles, potentially dragging its price down by double-digit percentages.  Bitcoin Price To Repeat 2022 Bear Market Crash? Crypto analyst Tyrex believes that Bitcoin may be approaching a critical turning point if the current uptrend fails to hold. In his latest BTC price outlook on X, he compares the current market structure to the April 2022 cycle, when Bitcoin made an ATH and then crashed hard for weeks.  Related Reading: Ethereum On Fire: User Growth Sparks Massive Activity Spike Tyrex disclosed that Bitcoin dropped roughly ...

Ethereum continues to show resilience, holding its ground above key support levels even as price faces firm resistance near the $3,400 zone. The ability to sustain strength after recent gains highlights improving market structure, suggesting that buyers remain in control. As long as ETH stays supported above its critical trend levels, the broader upside narrative remains intact despite near-term hesitation. Daily Bull Market Support Band Holds As Key Reversal Zone Luca, in a recent ETH update shared on X, pointed out that Ethereum’s market structure has strengthened considerably over the past several days. The price has been able to hold above the 1D Bull Market Support Band, a level that has acted as a reliable reversal zone multiple times over the last couple of mo...