Trigger News

Bitcoin's price drop triggered an old debate, and one top on-chain analyst now claims the real trigger is not what traders think, and that the entire cycle theory may no longer apply.

The U.S. could accumulate up to 400,000 bitcoins in 2025, a move Devere Group predicts could trigger a massive bull run and reshape global markets. Bitcoin Bull Run of Epic Size Incoming? How US Accumulation Could Spark It Nigel Green, CEO of Devere Group, an independent financial advisory firm, is forecasting that the U.S. could […]

BTC news shows Bitcoin rallying towards $125K. This new platform, IntelMarkets (INTL), will help traders assess Bitcoin price change through its AI blockchain

The post The Graph (GRT) Price Jumps 20%, Can Bulls Trigger A Breakout Rally? appeared first on Coinpedia Fintech News The cryptocurrency market has kickstarted the 3rd week of Uptober on a positive after recording negative price action for two consecutive weeks. Further, top tokens hint at a potential breakout, highlighting a positive outcome this week. With increasing bullish sentiment in the crypto market, will The Graph (GRT) price record a new yearly high this …

New reports have revealed that BlackRock, the world’s largest asset manager and American multinational investment company, is now selling Bitcoin (BTC) to buy Ethereum (ETH). Many market watchers propose that this unexpected investment change could trigger a bullish rally for Ethereum, potentially catalyzing another altcoin season. BlackRock Dumps Bitcoin For Ethereum Lookonchain, a blockchain analytics […]

XRP witnessing drama in trading activity today

A total of $1.1 billion worth of Bitcoin ($BTC) options are set to expire today, October 11, 2024, while an additional $510 million worth of Ethereum ($ETH) options contracts are to expire as well, injecting uncertainty into the cryptocurrency market that’s already set to deal with a $1.3 billion earthquake. With a combined notional value […]

Key Insights: Revealing Nakamoto’s identity could disrupt Bitcoin’s market and cause instability. Nakamoto’s 1.1M BTC holdings raise concerns over potential market manipulation. Unveiling Nakamoto threatens Bitcoin’s privacy and decentralization principles. The identity of Bitcoin’s creator, Satoshi Nakamoto, has remained a mystery since the inception of the cryptocurrency. While many believe that this anonymity has played … The post Here’s Why Uncovering Satoshi Nakamoto Could Trigger a Bitcoin Market Collapse first appeared on Tokenhell.

XRP price started a downside correction from the $0.580 resistance. The price could start a fresh rally unless there is a close below the $0.535 support. XRP is struggling to clear the $0.5650 and $0.580 resistance levels. The price is now trading above $0.535 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support at $0.5350 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh rally unless there is a close below the $0.535 support. XRP Price Dips To Key Support In the past few days, XRP price recovered higher from the $0.520 zone. There was a move above the $0.535 and $0.550 resistance levels. However, the bears remained active near the $0.580 resistance and protected more upsides, like Bitcoin and Ethereum. The recent high was formed at $0.5792 before there was a downside correction. There was a move below the $0.550 level. The price even tested the $0.535 support. A low is formed near $0.5322 and the price is now consolidating losses. Ripple’s token price is now trading above $0.535 and the 100 simple moving average (4 hours). There is also a key bullish trend line forming with support at $0.5350 on the 4-hour chart of the XRP/USD pair. On the upside, immediate resistance is near the $0.5550 zone. It is close to the 50% Fib retracement level of the downward move from the $0.5793 swing high to the $0.5322 low. The first key resistance is near $0.5620 or the 61.8% Fib retracement level of the downward move from the $0.5793 swing high to the $0.5322 low, above which the price could rise toward the $0.580 resistance. A close above the $0.580 resistance zone could spark a strong increase. Source: XRPUSD on TradingView.com The next key resistance is near $0.600. If the bulls remain in action above the $0.600 resistance level, there could be a rally toward the $0.620 resistance. Any more gains might send the price toward the $0.650 resistance. Another Decline? If XRP fails to clear the $0.5550 resistance zone, it could start another decline. Initial support on the downside is near the $0.535 zone and the trend line. The next major support is at $0.5220. If there is a downside break and a close below the $0.5220 level, the price might accelerate lower. In the stated case, the price could retest the $0.480 support zone. Technical Indicators 4-Hours MACD – The MACD for XRP/USD is now losing pace in the bearish zone. 4-Hours RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $0.535, $0.522, and $0.480. Major Resistance Levels – $0.555, $0.565, and $0.580.

The post Polygon Holds The $1 Mark Amid Minor Correction! Will Bulls Trigger Another MATIC Price Surge? appeared first on Coinpedia Fintech News Polygon (MATIC) is currently witnessing a notable upswing, registering a 30% rise in value over the past week. This upward trend is triggered by bullish investors within the protocol, who are aiming to attain new highs for the year. Nevertheless, as the price of MATIC approaches the $1 mark, there’s noticeable selling activity from investors. …