Analyst Says XRP Fundamentals Are Accelerating, What Does This Mean?

Analyst Says XRP Fundamentals Are Accelerating, What Does This Mean?

The XRP price has been on a steady decline for months, reflecting weak structure and underlying negative sentiment. Even as its price action remains muted, a crypto analyst has announced that XRP’s fundamentals are accelerating. According to the analyst, XRP is currently centered around several bullish developments that strengthen its underlying outlook. He believes that […]


Related News

This XRP Fractal Predicts Ethereum Could Soon Swing Back Above $400

Following legacy markets, Ethereum and XRP have undergone strong corrections over the past week. According to an analyst, though, the price of ETH could soon undergo a bullish recovery above $400. This comes as analysts have affirmed that ETH’s fundamentals are more bullish than ever. These fundamentals include persistent development in decentralized finance and development […]

Bitcoin Price Analysis: Do Fundamentals Drive Price?

Bitcoin price meanders near its low, apparently acquainting itself with long-term support. Chart technicals to one side today, as we consider the question “Do fundamentals drive price?” Today’s article considers the bitcoin price chart in context of similar speculative markets. The discussion focusses on the notion of fundamentals. The term fundamentals is used in its broadest sense, and not in the strict investment definition that refers to company balance sheets, work in progress, and so on. Although there are parallels between the bitcoin price market and other commodity markets, as....

Analyst Who Predicted Bitcoin’s Rise From $77,000 To $110,000 Reveals Why The...

A prominent crypto analyst who accurately forecasted the Bitcoin (BTC) surge from $77,000 to over $110,000 has shared a renewed analysis, declaring that the flagship cryptocurrency’s bull rally is far from over. Backed by technical analysis and macroeconomic fundamentals, the analyst claims that Bitcoin is poised for a further breakout, potentially reaching $117,000 to $120,000 […]

Needham Downgrades GBTC Rating, But Predicts Bitcoin Rally to $848

Needham & Company has revised its bitcoin price projection as well as its outlook on the Bitcoin Investment Trust (OTCQX: GBTC). The firm sees improvement in bitcoin’s fundamentals, but not in GBTC, downgrading the firm’s rating from “Buy” to “Hold.” Needham Sees Improved Bitcoin Fundamentals. Needham & Company is the investment banking and asset....

Options Trends Makes it Hard for This Analyst to Imagine a Bitcoin “Mega Pump”

Bitcoin has been consolidating within a $1,500 range over the past seven weeks. With BTC currently pushing higher and the fundamentals aligning in favor of bulls, analysts have begun to expect a strong rally into the end of a year. This may not take place, though, an analyst keeping an eye on options has noted. […]