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Ripple’s XRP has had a remarkable performance in November and early December 2024, earning investors’ attention and deployed capital. However, different indicators suggest that XRPL’s native token could soon experience a corrective crash, raising alerts in the trading community. On December 3, XRP achieved an all-time high (ATH) market cap of $165.74 billion at $2.90 per token despite trading at a discount from its all-time high price of $3.40. Notably, this rally placed XRP as the third most valuable cryptocurrency by market cap, surpassing Solana (SOL) and Tether’s USDT. XRP daily market cap chart (1D). Source: TradingView / Finbold / Vini Barbosa The ATH capitalization suggests a peak demand over XRP’s significant circulating supply inflation through Ripple’s ongoing unlocks and selling activities. Ripple, which is, by far, XRP’s largest holder, has recently prepared what could be its last dump in 2024. ...

Bitcoin (BTC) has finally flipped the $70,000 resistance into a support zone, and most market participants anticipate that the momentum will likely target $100,000. Amid this anticipation, a cryptocurrency analyst has shared insights on what Bitcoin’s technical setup means for the possibility of claiming the $100,000 spot.  While Bitcoin clinching the $70,000 spot is a highly bullish move, it needs confirmation to establish a stable uptrend likely to push the price to $100,000, according to an Alan Santana Analysis published on TradingView on October 29.  Picks for you Bitcoin price prediction for U.S. election 2024: Finance experts' forecast 37 mins ago Xandeum confirms the October 29 XAND token launch and xandSOL liquid ...

A cryptocurrency analyst has warned that Bitcoin’s (BTC) technical setup is signaling a possible correction toward the $50,000 mark as the asset struggles to push to $65,000. The analyst, RLinda , noted that Bitcoin is undergoing a significant correction following a recent impulse, with little sign of a major upward movement in the short term, as mentioned in a TradingView post on October 7. According to RLinda , Bitcoin experienced a false breakout near the $64,955 mark, which she identified as a critical resistance point. In outlining the roadmap for Bitcoin’s potential drop, the expert emphasized that the double-top formation near this resistance strongly indicates a possible downward move. Picks for you Rapper Ty Dolla $ign lost $500,000 worth of this meme coin 2 hours ago ...

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BTC price returns to $29,000 with a cascade of long liquidations fueling fresh Bitcoin downside. Bitcoin (BTC) abruptly reversed gains on April 19 as a cascade of long liquidations sent BTC/USD plummeting lower. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin sees "beautiful" retracement Data from Cointelegraph Markets Pro and TradingView followed the pair as it made lows of $29,015 on Bitstamp.  The sudden move followed an equally strong rebound above the $30,000 mark the day prior, with bulls ultimately unable to preserve higher levels. As volatility returned, Bitcoin thus fell to its lowest since April 10 as upside saw its latest challenge. "Deep correction on the markets, as Bitcoin can't hold at $29,700-29,800 and shoots downwards through a cascade of liquidations," Michaël van de Poppe, founder and CEO of trading firm Eight, reacted. BTC/USD annotated chart. Source: Michaël van de Poppe/ Twitter Hours prior, monitoring resource Materi...