NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.
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Dogecoin’s price action in recent days has been defined by steady higher lows and attempts to break above $0.25. The meme coin has managed to maintain bullish momentum in the past 24 hours after ending September consolidating. This recent move has kept Dogecoin’s uptrend intact on the daily chart, and according to technical analysis shared on the social media platform X by analyst Javon...
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Dogecoin (DOGE) is currently showing signs of entering one of its strongest bullish phases yet, with an analyst pointing toward a rare chart formation that could trigger a powerful upside rally. According to technical analysis, Dogecoin may be on its way to hitting new all-time highs, with $0.8 marked as the next bullish target. Related Reading: Bitcoin Rockets Past $119K, Analysts Now Eye...
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Bitcoin and XRP have both made strong attempts to reclaim resistance levels in recent days. Bitcoin has broken above the $120,000 price level. XRP, on the other hand, hasn’t found it as easy to establish a firm breakout, although it has pushed as high as $3.10 in the past 24 hours. Technical analysis points to possible short-term price gains if resistance levels holds, but it also outlines...
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The price of Bitcoin made a dreamy start to the last quarter of the year, beginning the historically bullish month of October with a reclaim of the $120,000 level. After over a month of choppy price action, the world’s largest cryptocurrency seems to be resuming its bullish uptrend. With the price closing in on its all-time high price above $124,000, investors will be looking to see how far and...
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An alarming pattern of XRP whale activity has been noted, posing several questions about the sustainability of the cryptocurrency’s growth. Among the multiple questions currently being asked, one is more demanding of an immediate response: Is an XRP whale sell-off on its way? XRP Supply Surges Across Major Exchanges In an October 3rd post on the social media platform X, market analyst...
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Crypto analyst Bobby revealed that the XRP price has completed a consolidation pattern, hinting at a potential parabolic rally for the altcoin soon. The analyst suggested that XRP’s price could rally to double digits once this rally occurs. XRP Price Eyes Rally To $19 As It Completes Double-Bottom Pattern In an X post, Bobby indicated that the XRP price has completed the macro double-bottom...
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According to market reports, Bitcoin pushed up against a key ceiling this week as more money flowed into futures and spot markets. Price action has held above several support levels, and traders are watching $123,500 as the immediate test before a fresh run at records. Related Reading: Bitcoin Rockets Past $119K, Analysts Now Eye $130K Target Bitcoin Price Tests Final Resistance Bitcoin’s...
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Bitcoin is presently valued in the $122,000 price region following an impressive price surge over the last week. Notably, bullish sentiments around the crypto market leader are presently strong as analysts speculate that another accumulation phase may have commenced. On-chain analytics page, Swissblock has now provided an in-depth analysis of the present market situation, with insights on...
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According to new analysis and community discussion, XRP’s recent price action has rekindled a long-running comparison to Amazon’s slow climb before a major breakout. Related Reading: Bitcoin Rockets Past $119K, Analysts Now Eye $130K Target Some analysts say the pattern looks familiar: a long consolidation, then a steep rally. Amazon’s stock took 3,800 days — more than a decade — to clear its...
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From late September, Bitcoin has embarked on an impressive bullish rally to reach price levels around its all-time high of $124,457. However, it remains speculative as to whether the premier cryptocurrency will maintain this early October momentum to put in a new all-time-high price, or experience a major correction into deeper liquidity zones. Related Reading: Bitcoin Bear Trap Over? Pundit...