XRP Enters Key Accumulation Zone as Analysts Eye Move to $0.28
XRP’s price action has been rather lackluster as of late, with both buyers and sellers being unable to garner clear control over its near-term trend as it hovers within the mid-$0.20 region. This consolidation has largely come about as a result of that seen by Bitcoin, as the benchmark cryptocurrency has also been struggling to […]
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With the market remaining indecisive, Dogecoin has found its way into another accumulation phase after being rejected by bears once again. This has seen its price stuck just above $0.2, with a failure to mark any successful breakout. However, with accumulation trends, they often tend to form the basis for the next move, which could […]
XRP is down 58% from its all-time high, and two popular chart-focused accounts on X are framing the drawdown as a potential accumulation window rather than a trend break. How Low Will XRP Price Go? Crypto Patel (@CryptoPatel) told followers on Feb. 4 that XRP/USD has “entered our first accumulation zone at $1.50–$1.30.” In his post, he urged staggered entries rather than trying to time a single bottom. “Start buying slowly at these levels, no rush, just steady accumulation,” he wrote, positioning the move as capital-preservation after what he described as an earlier call highlighting a....
In a post shared on X by UniChartz, it was noted that Ethereum (ETH) has developed a well-defined bullish structure, characterized by a series of Higher Highs (HH) and Higher Lows (HL), a classic signal of upward momentum. However, after this upward move, ETH has now entered an accumulation phase just below a key resistance […]
A new Bitcoin price analysis confirms that the flagship cryptocurrency is still in a bullish trend after its recent bounce off a key re-accumulation zone. With key structural support levels intact and a bullish AB=CD pattern unfolding, analysts are now eyeing a potential surge above $120,000, marking a new all-time high. Bitcoin Price Targets $122,000 After AB=CD Completion According to a technical analysis report by TradingView crypto analyst Weslad, Bitcoin is accurately following a well-defined bullish trajectory, potentially paving the way for a surge to $122,000. With BTC now priced....
Over the past week, Bitcoin prices rose slightly by 1.04% to enter the $110,600 price zone following previous weeks of an extensive correction. Notably, on-chain data shared by crypto analyst Burak Kesmeci suggests the premier cryptocurrency may have found a potential bottom, indicating strong potential for a price rally in the coming weeks. Related Reading: […]