XRP Price Prediction: Supply Pressure at $0.55 Threatens XRP Price for Temporary Correction; Buy Again?

Dogecoin Price Analysis: Will DOGE Price Hit $0.1 Mark Before May 2023 End? | Coingape

Dogecoin Price Analysis: The ongoing correction in Dogecoin price takes a major halt at the combined support of $0.071 and a lower trendline of the wedge pattern. In the daily chart, the candles show several lower price rejections at the aforementioned support indicating the sellers are struggling to follow the bearish path. These reversal signs The post Dogecoin Price Analysis: Will DOGE Price Hit $0.1 Mark Before May 2023 End? appeared first on CoinGape.

Bitcoin’s recovery may trigger buying in these 4 altcoins

While most coins are reeling under pressure, Bitcoin and select altcoins such as ADA, ATOM, LDO, and ARB are showing promise. The S&P 500 Index (SPX) closed the week with a nominal loss of 0.29% but Bitcoin (BTC) is on target to finish the week with a deeper cut of more than 5%. The weakness in Bitcoin pulled several altcoins lower, indicating weakening sentiment.A silver lining is Bitcoin’s solid bounce on May 12. Several analysts anticipate Bitcoin to start a recovery but

XRP Price Analysis: Accumulation at Crucial Support Sets XRP Price for a Quick 8% Rise | Coingape

XRP Price Analysis: Over the past five days, the XRP price has been trading sideways with no strong commitment from buyers or sellers. During this consolidation, the coin has formed a narrow range between $0.433 and $0.408 level, showcasing uncertainty with long-wick candle rejection on either side. However, in the shorter time frame chart, the The post XRP Price Analysis: Accumulation at Crucial Support Sets XRP Price for a Quick 8% Rise appeared first on CoinGape.

Buyers Losing Key Support Hints Ethereum Price at 12% Downside Risk for Coming Week | Coingape

The Ethereum price breakdown from monthly support of $1827 indicates this altcoin is poised for a longer correction. However, the falling price witnessed significant demand pressure near the 100-day EMA at $1766, indicating the buyers have not thrown the towel yet. Thus, in the coming week, the coin holder may witness a brawl between the The post Buyers Losing Key Support Hints Ethereum Price at 12% Downside Risk for Coming Week appeared first on CoinGape.

Demand Pressure at Key Support Hints Bitcoin Price to Rise 7% in Coming Week; Enter Now? | Coingape

Amid the increasing supply pressure in the market, the Bitcoin price showed a decisive breakdown attempt from the monthly support of $27000-$26786 on May 12th. However, by the end of the day, the buyers undermined nearly the entire selling pressure and pushed the prices up with a long tail formation. This rejection candle indicates the The post Demand Pressure at Key Support Hints Bitcoin Price to Rise 7% in Coming Week; Enter Now? appeared first on CoinGape.

PEPE Price Analysis: Bullish Pattern Forecast a 50% Rally in Pepecoin; Enter Today?  | Coingape

PEPE Price Analysis: The recent correction in Pepecoin price found support at the $0.0000011 mark and showed a sharp bullish reversal. The coin price nearly doubled its market value in less than two days and hit the $0.000002 barrier. Moreover, the 4-hour chart shows the formation of a famous bullish reversal pattern called inverted head The post PEPE Price Analysis: Bullish Pattern Forecast a 50% Rally in Pepecoin; Enter Today?  appeared first on CoinGape.

Cardano Price need this Resistance Breakout to Trigger a New Recovery Rally; Is $0.5 Within Reach?  | Coingape

Amid the recent correction phase in the crypto market, the ADA price showed a price downfall for nearly a month and plunged to local support of $0.35. However, the daily chart shows the aforementioned support is also aligned with the lower trendline of the channel pattern. This pattern has carried a recovery rally in the The post Cardano Price need this Resistance Breakout to Trigger a New Recovery Rally; Is $0.5 Within Reach?  appeared first on CoinGape.

Cardano Price need this Resistance Breakout to Trigger a New Recovery Rally; Is $0.5 Within Reach?  | Coingape

Amid the recent correction phase in the crypto market, the ADA price showed a price downfall for nearly a month and plunged to local support of $0.35. However, the daily chart shows the aforementioned support is also aligned with the lower trendline of the channel pattern. This pattern has carried a recovery rally in the The post Cardano Price need this Resistance Breakout to Trigger a New Recovery Rally; Is $0.5 Within Reach?  appeared first on CoinGape.

Price analysis 5/12: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Bitcoin and most major altcoins are slumping, but the charts suggest that a recovery could be around the corner. Bitcoin (BTC) extended its decline on May 12 but analyst Philip Swift, co-founder of trading suite DecenTrader and creator of data resource LookIntoBitcoin, does not expect a deep correction. He said it was “interesting to note that the long/short ratio has been climbing as price has trended down.”One of the reasons that is keeping analysts bullish is Bitcoin’s ha

Red alert: bitcoin, ethereum, XRP, and altcoins bracing for weekend downturn

Bitcoin (BTC), ethereum (ETH), ripple (XRP), and other top 10 coins by market cap are down, sliding from recent peaks. Coins may post even more losses over the weekend

This Bullish Pattern Can Pull Dogecoin Price Out of Market Correction and Trigger a 48% Move | Coingape

Over the past five weeks, the dogecoin (DOGE) price has undergone a sharp correction phase, causing a drop from its peak of $0.105 to its current value of $0.07, representing a 31.6% loss. Amid the downturn across the cryptocurrency market, Doge’s price has adhered closely to a falling wedge pattern that is defined by two The post This Bullish Pattern Can Pull Dogecoin Price Out of Market Correction and Trigger a 48% Move appeared first on CoinGape.

This Bullish Pattern Can Pull Dogecoin Price Out of Market Correction and Trigger a 48% Move | Coingape

Over the past five weeks, the dogecoin (DOGE) price has undergone a sharp correction phase, causing a drop from its peak of $0.105 to its current value of $0.07, representing a 31.6% loss. Amid the downturn across the cryptocurrency market, Doge’s price has adhered closely to a falling wedge pattern that is defined by two The post This Bullish Pattern Can Pull Dogecoin Price Out of Market Correction and Trigger a 48% Move appeared first on CoinGape.

Bullish Pattern Protects Solana Price Amid Market Correction; Is This the Right Time to Buy? | Coingape

The Solana price has remained in a correction phase for nearly a month now. Amid this downfall, the coin price plunged from the peak of $26.1 to the current price of $20.43, recording a loss of 24.15. Moreover, the falling price is strictly resonating between two trendlines showcasing the formation of a falling wedge pattern. The post Bullish Pattern Protects Solana Price Amid Market Correction; Is This the Right Time to Buy? appeared first on CoinGape.

Ethereum Price Analysis: These Key Support Levels Drive Long-Term Bullish Outlook for ETH Price | Coingape

Ethereum Price Analysis: On May 11th, the ETH coin price gave a decisive breakdown from the combined support levels of $1827, a 23.6% Fibonacci retracement level, and a rising support trendline. This breakdown accelerates the selling momentum in the market and has set the ETH price for a longer downfall. However, in the big picture, The post Ethereum Price Analysis: These Key Support Levels Drive Long-Term Bullish Outlook for ETH Price appeared first on CoinGape.

Bitcoin Price Breakdown from Monthly Support Hints a Sharp 6% Fall to $25000; Buy this Dip? | Coingape

The selling pressure in the crypto market continues to rise causing the leading cryptocurrency Bitcoin to lose more ground. The BTC price is falling for straight seven days showcasing an 11.3% weekly loss. Amid this downfall, the prices breached another significant support of $27000 indicating the coin holders are likely to witness a longer downfall. The post Bitcoin Price Breakdown from Monthly Support Hints a Sharp 6% Fall to $25000; Buy this Dip? appeared first on CoinGape.

Ethereum dips below $1.8k, CZ optimistic on an ETH rally

Ethereum, the altcoin king, is facing a rather turbulent market session today, recording losses of over 3% within 24 hours of trading.

PEPE Price Analysis: Pepecoin Price Losing Another Major Support; More Downfall Underway?

PEPE Price Analysis: The PEPE coin has been in a correction phase for nearly a week and witnessed a significant loss during the period. From the All-Time High of $0.00000449, the coin price witnessed a 68.5% loss to reach the current price of $0.00000231. However, the falling price shows a breakdown attempt from another support The post PEPE Price Analysis: Pepecoin Price Losing Another Major Support; More Downfall Underway? appeared first on CoinGape.

Milady tokens continue to fly as meme coin mania hits markets

Amid the meme coin frenzy, PEPE falls and milady NFTs surge, fueled by Elon Musk's intriguing remarks, revealing a captivating dance between meme culture and digital finance.

Top 3 Cryptocurrencies To Invest Amid Market Correction; Best Picks for May 2023

Over the last few days, the crypto market as a whole has witnessed significant selling pressure and caused a correction phase in several major cryptocurrencies. However, with the overall market trend still bullish, here are some of the top coins offering discount opportunities before the next recovery cycle begins Cardano (ADA)  Source- Tradingview  In the The post Top 3 Cryptocurrencies To Invest Amid Market Correction; Best Picks for May 2023 appeared first on CoinGape.

XRP Price Analysis: XRP Price May Rise 8% this Week if These Conditions are Met

XRP Price Analysis: Amid the ongoing correction in the crypto market, the falling XRP price found support at the $0.42 level. This support level aligned with other technical levels such as the support trendline of a falling channel pattern and 61.8% Fibonacci retracement level creates a strong accumulation zone. Moreover, the daily chart shows long The post XRP Price Analysis: XRP Price May Rise 8% this Week if These Conditions are Met appeared first on CoinGape.