Author: Umar Hashmi
In Brief The total market cap dropped by $28 billion but holds above $3.10 trillion, a critical support level amid rising volatility Bitcoin hit a monthly low at $92,605, with $89,800 as a vital support to prevent deeper losses. Helium (HNT) fell 10% to $5.91, nearing a critical $5.51 support level, with recovery contingent on reclaiming $6.33 promo The total crypto market cap (TOTAL) and Bitcoin (BTC) continued their decline today owing to persistent bearishness. This drawdown extended to altcoins as well, with Helium (HNT) emerging as the worst performer of the day, falling by 12%. In the news…
A popular crypto analyst suggested selling Solana if it falls under $180. Solana’s trading volume dipped sharply in the last seven days. A key technical indicator hinted at a price drop soon. Solana [SOL] has witnessed a slight correction in the last 24 hours, like several other cryptos. However, a recent analysis revealed that it’s crucial for the token to hover within a particular range in order to hold its price. Will SOL be able to do so, or the ending of 2024 might witness SOL losing market capitalization? Solana’s crucial level! After a nearly 5% weekly price hike, the token’s…
Bitcoin has again entered an accumulation phase, which can possibly propel the coin’s price to $130k in Q1 2025. Bitcoin fell victim to multiple corrections of late, pushing its value down under $94k. Buying pressure was rising, but other datasets suggested a continued price drop. Bitcoin [BTC] has once again entered a crucial zone, which has the potential to propel the coin’s price further ahead in the coming days. In fact, a recent analysis predicted that the king coin might touch $130k in Q1 2025. Bitcoin starts to consolidate The king coin’s price has been witnessing multiple corrections over the past…
XRP’s bullish potential hinges on favorable market trends, strong adoption, and investor confidence. Per the Fibonacci and Elliott Wave analysis, XRP could reach $15 by May 2025. Growing adoption and reduced selling pressure could further strengthen XRP’s bullish outlook. XRP [XRP] continues to capture attention with predictions of reaching $15 by the 5th of May 2025, fueled by Fibonacci time zones and Elliott Wave analysis. This projection suggests a robust bullish trend, but current market dynamics demand careful evaluation. While optimism prevails, XRP’s short-term performance underscores the need for a balanced outlook. Therefore, understanding its price action and indicators is critical…
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