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Solana has been attempting a recovery wave above the $140 level, but the SOL price is now facing significant challenges in clearing the $160 and $170 resistance levels. Despite a brief period of recovery and a test of the $160 resistance against the US Dollar, the price is currently trading below $160 and the 100
The recent trend in the Ethereum market has been less than ideal for investors as the price of ETH failed to clear the $3,280 resistance zone. The cryptocurrency declined below the $3,200 support level and is now consolidating losses above $3,100. This downward movement came after Ethereum struggled to break through the $3,250 and $3,280
The cryptocurrency market has been experiencing significant volatility, and XRP is no exception. While the price of XRP has seen a decline along with the broader market, there is an interesting trend unfolding underwater. Large investors, commonly referred to as “whales,” have been actively accumulating XRP at a rapid pace. These whales, holding between 10
The Ethereum price is currently holding gains above the $3,120 resistance zone and there is speculation that it could potentially rally if it manages to clear the $3,280 resistance zone. Recently, Ethereum extended its increase above the $3,220 resistance level and is now trading above $3,165 and the 100-hourly Simple Moving Average. There is also
As the crypto market experiences a resurgence, XRP is among the cryptocurrencies that are benefiting from positive market conditions. This upturn has led to a boost in investor sentiment, particularly among large investors. The past year has been challenging for XRP, with continuous selling pressure causing the price to struggle. Despite legal battles with the
Cryptocurrency exchange Bitfinex recently released an Alpha report providing insights into the post-halving Bitcoin market dynamics. The report highlights encouraging signs for Bitcoin, with exchange withdrawals of Bitcoin reaching levels not seen since January 2023. This indicates that investors are increasingly opting to store their assets in cold storage in anticipation of potential price rises.
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FTX creditors have recently been encouraged to take part in the bankruptcy estate’s planned auction of the remaining Solana token holdings. The CEO of Figure, Mike Cagney, announced that the next round of sales would be conducted through an auction format, a shift from the previous direct sales to venture capital firms. This new approach
After reviewing the recent analysis provided by crypto analyst Crypto Egrag, it is clear that there is significant speculation surrounding the future price movement of XRP. Egrag correctly predicted a price decline for XRP and is now forecasting a potential increase of between 1000% and 3000%. This bold prediction is based on historical data from