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- RIPPLE PRICE ANALYSIS & PREDICTION (March 11) – XRP May Crash Following a Steady Volume Outflow, Holds Above $2
- MAKER PRICE ANALYSIS & PREDICTION (March 10) – MKR Posts 9% Gains After Locating Support Above $1.2k, Will it Hold?
- HEDERA PRICE ANALYSIS & PREDICTION (March 7) – Hbar Sees 5% Daily Gains as Crypto Market Falls, Still Remains Bearish
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RIPPLE PRICE ANALYSIS & PREDICTION (March 11) – XRP May Crash Following a Steady Volume Outflow, Holds Above $2
Following a quick dump under $3 last week, XRP turned bearish again and faced a three-month support level with a head-and-shoulder pattern on the daily chart. A major breakdown is lurking around the corner. As top altcoins continued to post significant losses in the past months, XRP remains in the bullish zone and keeps lagging in the face of the dip. However, it looks weak and ready for a crash as it approaches the key $2 level again, serving as critical support for three months. Losing this support could trigger serious bleeding to a new multi-month low. But currently, the selling volume appears low as it lost 3% in the last 24 hours. A significant increase in volume should trigger a break. Meanwhile, after a recent price twerk, the head-and-shoulder pattern remains intact on the daily chart. This pattern validates […]
MAKER PRICE ANALYSIS & PREDICTION (March 10) – MKR Posts 9% Gains After Locating Support Above $1.2k, Will it Hold?
Facing a tough rejection late last month, MKR resumed bearish and registered over 30% loss in the past week. However, it has managed to stay above $1.2k for two days but there's no assurance if it will hold. Last month collapse to exactly $778 marked MKR lowest price level in almost a year. Though it initiated a retracement following previous bounce patterns and the price increased for three weeks. The $1,800 level posed a threat and the retracement halted in the late month. That led to a drop, and the crypto entered this month on a bearish note. It found support above $1,200 on Friday and increased to around $1,336 after failing to push above $1,388 this morning. The price currently looks weak. Holding well above this support level could fuel a new bullish move on a daily. Such a […]
Justin Sun Makes Strategic Moves by Accumulating $OM and $AAVE Tokens
In a noteworthy action that has captured the attention of the cryptocurrency community, Justin Sun, founder of TRON and a leading light in the blockchain space, has recently made significant acquisitions in the cryptocurrency market. Four hours ago, Sun received a considerable amount of tokens, which signals both a new investment direction for him and a return to activity with established assets. His latest purchase involves 250,000 $OM tokens, valued at an impressive $1.72 million, and 2,500 $AAVE tokens, worth around $535,000. Not only do these acquisitions represent a significant milestone in his portfolio, but they also suggest a strong belief on Sun's part in the future potential of these assets. First-Time Accumulation of $OM and Return to $AAVE After Nine Months The transaction occurred through Poloniex's multisig wallet and was a major event for Justin Sun's portfolio. This was […]
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