Analysis Crypto by Thebittimes.Com

A cryptocurrency trading expert has pointed out that an XRP price breakout is already confirmed following the short-term bullish momentum, and investors should anticipate further surges. According to Alan Santana, XRP is showing potential for a higher shift, having broken above a descending trendline after weeks of consolidation following its December 2024 peak, as indicated in his TradingView post on January 12. XRP price analysis chart. Source: TradingView/Alan Santana Santana’s outlook noted that after a sharp bullish rally late last year, inspired by post-election optimism, XRP entered a retracement phase that evolved into a consolidation pattern. This pattern, often considered a 50/50 scenario where price action can break up or down, has now decisively favored the bulls. Picks for you U.S. Congress member discloses cryptocurr...

Though BNB (BNB) has been trading with significant strength throughout 2024, the Binance cryptocurrency exchange’s issues with the U.S. legal system have been a major cause of volatility since late 2023. The situation may, however, soon change drastically for BNB as Changpeng Zhao, the founder and former CEO of the Binance exchange, is scheduled to be released from prison on September 29, 2024. Given the historical impact news related to Zhao’s guilty plea and prison sentence have had on the token and the prominence and popularity of ‘CZ’ within the community, the release is likely to serve as a major bullish catalyst in the crypto market. Picks for you SingularityDAO expands DeFi offerings with Cogito’s tokenized RWAs 16 seconds ago Bybit...