Three reasons why Avalanche’s AVAX price is failing
Avalanche price could fall further. Subtle cues are confounding the bearish thesis. The Avalanche price, like several cryptocurrencies, shows reasons to believe in one more decline. The bulls have been unwilling to wage a battle at the current $24 price level.
The strongest sell signal for TRON price is the one nobody is talking about
Tron price shows significant sell signals on higher time frames. Traders should be careful. Tron price is currently trading at $0.08 as the crypto market as a whole is producing a stalemate this Tuesday. Illiquid market days usually provide investors time to review cryptocurrencies in search of subtle trend changes and anomalies.
XRP Price Prediction: Ripple hints at an explosive move
XRP price coils in triangular fashion which explains the unpredictable price action during May. A breach below $0.3839 could trigger a 25% decline to $0.31. Invalidation of the bearish thesis is a breach above $0.4342, which could trigger a 25% rally towards $0.51.
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Bitcoin reaches new highs near $90,000, on-chain data show chances of pullback
Bitcoin hit a new all-time high of $89,900 on Tuesday before easing to around $86,000, following a 30% surge since November 5. Technical indicators suggest the rally may be overstretched, with a potential corrective pullback ahead.
GIGA investor loses $6M to phishing scam via fake Zoom link
On Monday, a Gigachad (GIGA) investor lost $6.09 million due to a phishing attack involving a fake Zoom link. Crypto investigation firm Scam Sniffer declared the scam that led the victim to a malicious site, compromising their wallet.
Tron, Avalanche and Uniswap: Double-digit gains on the cards, technical indicators show
Tron is breaking above an ascending triangle formation on Tuesday, signaling a potential rally continuation. While AVAX and UNI are retesting their crucial support level — if supported, this suggests an upside move — all three altcoins look poised for double-digit gains as the crypto rally continues.
BNB: Bullish technical pattern validated, eyes all-time high
Binance Coin trades slightly down on Tuesday after breaking above an ascending triangle formation on the weekly chart, following a 12.5% rally last week. The technical outlook suggests a bullish breakout pattern and continuation of the rally, with a target set for a new all-time high of $825.
Bitcoin: Further upside likely after hitting new all-time high
Bitcoin hit a fresh high of $76,849 on Thursday as crypto-friendly candidate Donald Trump won the US presidential election. Institutional demand returned with the highest single-day inflow on Thursday since the ETFs’ launch in January.
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