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XRP price turned negative on Tuesday, August 12, but a recent whale buying spree is generating a lot of buzz and hope in the crypto market. Namely, wallets holding between 100 million and 1 billion XRP have amassed an additional 900 million XRP, worth over $2.88 billion, in just 48 hours, as reported by analyst Ali Martinez. Traders are now speculating whether the aggressive accumulation could set the stage for another sharp rally and potentially a new all-time high.  XRP whale accumulation. Source: Ali Martinez (@ali_charts) XRP price action XRP’s price action aligns with significant Ripple developments, including the long-awaited settlement with the U.S. Securities and Exchange Commission (SEC) and new partnerships with Chainlink focused on the RLUSD stablecoin. Speculation over a potential spot XRP ETF has further fueled momentum, with a number of analysts pointing at BlackRock as a potential filing candidate.  While the world’s largest fund...

The Moo Deng price pumped over 9% in the last 24 hours to trade at $0.00007143 as of 7:00 a.m. EST as investors go long on the meme coin. Despite the 24-hour gain posted by the MOODENG price, the crypto is still more than 5% in the red on the weekly time frame. Moo Deng Price Trying To Break Resistance 4-hour chart for MOODENG/USD (Source: GeckoTerminal) The Moo Deng price is attempting to overcome the resistance level at $0.00007466, GeckoTerminal data shows. Should the meme coin break above this technical barrier in the next 12 hours, it could have the foundation needed to rise to the subsequent resistance at $0.00008195. In a more bearish scenario, the Moo Deng price might test the immediate support level at $0.00006633. Continued pressure from sellers should the crypto fall to this point could then result in a plunge to as low as $0.00006113 in the short term. Technicals Warn The Moo Deng Price Might Drop From a technical perspective, indicators on MOODENG’s 4-hour ...

As is frequently the case whenever assets such as Bitcoin (BTC) trade uncharacteristically highs or experience a rapid plunge, many investors turn to their short ratios to try and gauge the overall market sentiment and detect possible causation. The world’s premier cryptocurrency is in such a situation at press time on January 10 as it has been trading with significant volatility in recent weeks and has, so far, failed to find a stable footing above the critical psychological level above $100,000 in 2025. Most recent data from the world’s largest cryptocurrency exchange by trading volume, Binance, however, reveals that the sentiment might again be turning bullish as the proportion of long BTC positions has been rapidly increasing in the second half of the January 6 to January 12 week. Picks for you The Graph unveils Geo Genesis a Web3 know...

The Hamster Kombat price plummeted 26% in a week after falling 1% in the last 24 hours to trade at $0.004724 as of 9:06 p.m. EST on trading volume that skyrocketed 68% to $148.5 million. Hamster Kombat Aims For A Breakout From the left side of the chart of the Hamster Kombat price (around September 27), the price shows a strong bearish move from above $0.007500  to the current level around $0.004700. This indicates significant selling pressure. After the sharp decline, the price appears to be consolidating between roughly $0.005336 and $0.004500. This suggests a possible accumulation phase where buyers and sellers are in balance, as the price forms a sideways pattern. The price of Hamster Kombat now trades below both the 50-day and 200-day Simple Moving Averages (SMAs), which confirms the overall bearish stance. Meanwhile, the Relative Strength Index (RSI) is currently at 45, which places it in neutral territory. Since it’s below 50 but not yet oversold, this suggests a...

The Sundog price plunged 10% in the last 24 hours to trade at $0.2175 as of 04:16 a.m. EST on a 27% surge in trading volume to $176 million. Sundog Price Gearing Up Towards A Bullish Trend Reversal The Sundog price has been on a downtrend in the last two days, according to data from GeckoTerminal . SUNDOG has, in the previous day, traded within a falling channel pattern, as it fell from the $0.2413 resistance zone. However, the $0.20 support level has allowed the bulls to push the price of Sundog towards the upper boundary of the falling channel. SUNDOG price has plunged below the 50-day Simple Moving Average (SMA), which shows that the price of Sundog is on a downward trend. Moreover, the Relative Strength Index (RSI) trades within the neutral zone, which shows that the bulls may push the price towards a trend reversal. SUNDOGUSD Chart Analysis Source: GeckoTerminal.com A bullish trend reversal could see the bulls push the price of Sundog up as they target $0.24. How...

Bitcoin price has flashed a few bullish signals, but traders are not too keen on adding leverage longs until after the Federal Reserve shows its cards on Feb. 1. Bitcoin (BTC) price had a mixed reaction on Jan. 25 after the United States reported a 2.9% gross domestic product growth in the fourth quarter, slightly better than expected. Still, the sum of all goods and services commercialized between October and December grew less than 3.2% from the previous quarter. Albeit somewhat optimistic, another data set limiting investors' confidence was news that the U.S. Federal Reserve (FED) would revert its contractive measures anytime soon as U.S. durable goods orders jumped 5.6% in December. The indicator came in much higher than anticipated, so it could potentially mean that Interest Rates could be increased for a little longer than expected. Oil prices are also still a focus for investors, with crude WTI approaching its highest level since mid-September, currently trading at $81.50. ...

An increase in Bitcoin trading volume and positive on-chain data appear to be the primary forces behind BTC’s newfound strength. The beginning of 2023 has provided Bitcoin (BTC) with bullish indicators and the rally to a year-to-date high at $21,647 has crypto traders hopeful that the worst part of the bear market has ended. The surge effect of BTC’s bullish price action is also carrying over to Ether (ETH) and Bitcoin mining stocks. The reduction in Bitcoin Fear and Greed index to neutral is possibly driven by volume increases, Bitcoin on-chain data and BTC price decoupling from equities markets. While not all analysts believe a market bottom is in, let’s dive into the data. Trading volume and volatility return Bitcoin’s price spike has been accompanied by massive growth in trading volume. Over the last week, BTC volume has more than doubled, reaching $10.8 billion, a 114% increase over 7-days. Bitcoin trading volume. Source: Arcane Research Increased trading typically correlates to...