It’s been a tough week for ether as the second-largest crypto asset by market cap is down 8.7% against the greenback. Today, priced at $ 3,273 per ETH with a market capitalization of $ 394 billion and a 24-hour trading volume of $ 22.90 billion, ethereum oscillated within an intraday range of …
Matrixport Report Suggests Bitcoin May Enter a Consolidation Phase
The Fed’s increasingly hawkish stance could limit bitcoin’s rally, leading to another period of price consolidation. Sideways Price Action Could See Bitcoin Consolidate at Current Price Levels The first week of 2025 was a bearish one for bitcoin. The number one crypto dropped from $ 102,431 to $ 91,215, and despite the price …
Bitcoin Technical Analysis: Bulls Eye $95,000 Breakout Amid Consolidation Battle
XRP Technical Analysis: Price Maintains Balance in Consolidation, Eyeing Critical Breakouts
As of Dec. 12, 2024, the XRP/USD market reflects a steady consolidation phase across several timeframes, with bulls and bears locked in a tug-of-war at pivotal levels. XRP On Thursday, XRP’s daily chart paints a picture of an earlier uptrend tempered by recent consolidation. Prices climbed from $ 0.54 to a high near $ …
Bitcoin Technical Analysis: Consolidation Phase Precedes Next Big Move
Bitcoin is currently trading at $ 98,403, showcasing a dynamic interplay of market forces across short-term, medium-term, and long-term charts. Bitcoin Bitcoin‘s 1-hour chart reflects recent price fluctuations, with bitcoin peaking at $ 101,407 before succumbing to bearish pressure, reaching a low of $ 97,931. Lower highs suggest a short-term downtrend, while …