Analysis Crypto by Thebittimes.Com

As Cardano (ADA) struggles to claim the crucial $1 mark, technical indicators suggest the token may be entering a critical phase that could see it target a record high of $6. The Analysis by Master Ananda is based on ADA’s weekly timeframe chart, where the token has been trading above key moving averages, EMA55, EMA89, and MA200, for seven consecutive weeks. In a TradingView post on September 2, the analyst noted that this sustained action above major support levels reflects weak bearish pressure, allowing bullish momentum to dominate.  Even during recent red weeks, sell volume has remained low, while bullish buying interest has held firm. ADA price analysis chart. Source: TradingView At the same time, the outlook highlighted a clear rising trend that began in June 2023, with Cardano forming higher lows despite price fluctuations.  The last major peak was reached in December 2024, followed by a consolidation period lasting nine months. Historica...

VeChain (VET) seems to be rebounding from its recent correction. According to CoinGecko VET statistics, the asset has gained 3.4% in the last 24 hours, 17.5% over the previous month, and 4.4% since August 2024. Despite the turnaround, the asset is still down by 2.5% in the weekly charts and 2% in the 14-day charts. VET’s price has also fallen by 91.4% from its all-time high of $0.281. The asset hit a peak in April 2021, more than four years ago. Let’s examine how VeChain may perform over the next five years and whether it can reach the $3 mark by 2030. Will VeChain Hit $3 by 2030? Source: Watcher.Guru According to Telegaon’s VeChain Analysis , VET could hit a maximum price of $2.13 in 2030. Hitting $2.13 from current price levels will entail a rally of about 787%. The platform anticipates the asset to hit the $3 mark sometime after 2030. Telegaon analysts also anticipate VET to trade at a maximum price of $7.57 in 2035. Hitting $7.57 from current price levels will enta...

The cryptocurrency market is experiencing one of its most significant rallies in recent times. Bitcoin (BTC) has climbed to a new all-time high, breaching the $118,000 level for the first time in its history. Other assets seem to be following BTC’s trajectory. Ripple’s XRP token may see a new peak following the recent bullish developments. Can XRP Follow Bitcoin and Hit $3.5 and $4? Source: Bitcoin.com XRP is currently down by 23.2% from its all-time high of $3.40. The asset hit its peak in January 2018, more than seven years ago. The asset struggled to gain momentum over the last few years due to the SEC filing a lawsuit against the fintech company. The litigation was laid to rest earlier this year with both parties coming to a settlement. Ripple’s popular cryptocurrency could be in the early stages of a massive bullish phase. The fintech company recently announced that it has chosen BNY Mellon as its stablecoin custodian. The move could lead to a number fo banks adop...

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Ripple’s native token, XRP, is trading at the $2.15 price level and is attracting little to no bullish sentiment. Its price remains rangebound for nearly a month as the stagnation period is yet to come to an end. After reaching a high of $3.31 in January this year, the leading altcoin is only moving backward in the charts. Also Read: Bitget Analyst Explains Ripple (XRP) Enroute To $5 However, despite all the odds, XRP has dipped below the $2 mark only once this year in April as Trump announced tariffs on 185 countries. The leading altcoin quickly jumped back above $2 as the markets recovered due to the 90-day pause on tariffs. The development indicates that Ripple’s native token can find key support as the global markets are coming out of the uncertainty period. XRP Might Not Fall Below $2 Again Source: Reddit XRP has been consolidating between $1.90 to $2.20 this year and has maintained the stance for nearly 200 days. Analysts from TradingView point out that the altcoin has...

Solana (SOL), the 6th largest cryptocurrency by market cap, is flashing signs of a major breakout, with analysts calling for explosive upside if key resistance is cleared. As of June 10, SOL is trading at $158.20, up +4.55% in the last 24 hours. The token now boasts a market cap of $83 billion, with nearly $3.9 billion in trading volume in the past day. On-chain crypto expert Ali Martinez sees potential for a massive rally. In a post on X, Martinez wrote: “Solana SOL breaking above $200 could catalyze a major 5X to 10X bull run!” His chart suggests a classic cup-and-handle pattern forming on the long-term SOL chart, a setup that historically precedes powerful bullish moves if confirmed by a breakout. Solana support and resistance At present, SOL faces key resistance at the $200 level. Clearing this level on strong volume would validate the pattern and open the door for significant upside, according to Martinez. Support meanwhile remains strong aro...

XRP ETF launches today, May 19, marking a historic milestone for Ripple and also the broader cryptocurrency market. Current XRP price prediction models suggest that the digital asset could possibly reach $2.50 before June as the XRP ledger ecosystem gains more institutional validation. Right now, XRP is trading at around $2.35, and the market is showing some really bullish signals ahead of this significant development. #XRP is about to enter one of the most important moments in its history. Imagine holding 5589 XRP before the market explodes. Let me explain in this why May 19 could change everything pic.twitter.com/fS4GaWXENC — J4b1 (@XRPJ4b1) April 27, 2025 Also Read: Bitcoin ETF Performance: Six Months After Approval – What Can XRP Learn? Ripple News: How XRP ETF Launch Impacts Price Prediction & Market Volatility Source: CoinMarketCap The XRP ETF introduction follows the successful Bitcoin ETF shares performance, with many cryptocurrency market participants currently eyeing ...

The cryptocurrency market is evolving at a rapid pace, all thanks to President Donald Trump for bringing the market into the mainstream spotlight. Before assuming his official duties as the president of the United States, Trump holistically promoted Bitcoin, displaying his true dedication to the digital asset domain. After taking the oath as the official president of the US, Trump did all he could to bolster the cryptocurrency domain by launching a bitcoin reserve and a crypto reserve for the world to take notice. Now, Senator Cynthia Lummis has urged the US Treasury to implement a tax-free digital asset regimen and to promote the crypto market’s bloom to the fullest. If Trump manages to end taxes on the digital asset domain, will Bitcoin soar and touch new highs? Let’s find out. Also Read: Altcoin Season Heats Up as Coins Rise, USDT Dominates Senator Lummis on Removal of Crypto Tax Source: NBC News Senator Cynthia Lummis is again back in mainstream news in a new trending de...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...