Ethereum Price Analysis: ETH buyers keep lurking around 21-day SMA
ETH/USD steps back from the day’s high of $1,322 to $1,311, down 0.16%, during early Monday. The Ethereum buyers recently returned, like multiple times in the last one week, from 21-day SMA even as bearish MACD and a falling trend line from last Thursday challenge the upside momentum.
Ripple Price Analysis: XRP/USD consolidates recent gains below 0.50 but bulls keep the reins
XRP/USD eases from six-week top flashed during the weekend. XRP/USD drops to 0.4605, currently around 0.4705, during the latest downtick during early Monday. In doing so, the altcoin prints the third day of lower high amid overbought RSI conditions.
Chainlink Price Prediction: Bullish outlook remains intact with first target at $25
Chainlink notched a new record high at $25.84 on Monday and staged a deep technical correction all the way down to $20. However, buyers didn't have a difficult time retaking control of the price mid-week and LINK was last seen trading near $23.
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Crypto Today: Bitcoin, XRP and Ethereum dip slightly amidst fear of market-wide correction
Bitcoin holds steady above $72,000 on Thursday, notes a slight decline on the day. Ethereum loses less than 1% of its value, trades above $2,600. XRP trades above $0.51, down less than 1% on the day.
Solana Price Forecast: SOL risks decline as volume in decentralized exchanges drops sharply
Solana price is nearly unchanged on Thursday after declining on Wednesday, putting an end to a four-day streak of gains. The altcoin rallied alongside Bitcoin (BTC) as the largest cryptocurrency chased its previous all-time high of $73,777.
Bitcoin Price Forecast: Rally stalls as traders opt to take profits
Bitcoin (BTC) trades broadly stable around $72,000 on Thursday after a four-day rally. However, institutional demand remains robust, as evidenced by the over $896 million in inflows into US spot Bitcoin ETFs on Wednesday.
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Chainlink rally stalls as effect from “Runtime Environment” upgrade wanes
Chainlink falls after a three-day rally, which was partially driven by the Chainlink Runtime Environment (CRE) at SmartCon on Wednesday. This enhancement is crucial for expanding Chainlink to thousands of blockchains and meeting the growing demand from capital markets and Web3.
Bitcoin: New all-time high at $78,900 looks feasible
Bitcoin price declines over 2% this week, but the bounce from a key technical level on the weekly chart signals chances of hitting a new all-time high in the short term. US spot Bitcoin ETFs posted $596 million in inflows until Thursday despite the increased profit-taking activity.
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