Analysis Crypto by Thebittimes.Com

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Amidst the tariff turmoil of early April, XRP plunged into the unknown as it lost the critical $2 support zone.  Simultaneously, traders made a vote of confidence in the token by generating enough buying pressure to return it, by press time, to $2.01, with ‘smart money’ investors playing a pivotal role on April 9, per the data Finbold retrieved from Spotonchain on April 11. XRP smart money moves and token price. Source: Spotonchain Specifically, ‘smart money’ provided two-week-high inflows on the day, taking advantage of the ‘dip,’ and stabilizing XRP above $1.75. Interestingly, data reveals that these experienced traders were also not certain how low the token would go, as records show no significant buying at the April 7 $1.65 lows.  Indeed, veteran investors appear to have waited for the market to find a bottom and entered the game only after XRP made its first downward correction on its path to recovery. Are the smart money XRP inflows bullish? ...

The AVA AI price skyrocketed 2,204% in the last 24 hours to trade at $0.67 as of 4.20 a.m. EST on trading volume that soared 257% to $33.45 million. The AVA AI price blew up soon after being listed on CoinMarketCap. The listing took place on January 9, after which the project spent two days trading sideways. However, on Sunday morning its price started rapidly surging, resulting in a massive 568,411% surge in the past four days. The last 24 hours alone have brought a 2,204% increase leading the price to its current value even though it is still only listed on Uniswap. However, there are plenty of other exchanges where the project expects to emerge soon, which would likely further contribute to its price increase. AVA AI Price Prediction As the AVA price continues to skyrocket, traders and investors are left wondering whether this can continue for much longer, especially given the fact that most of the crypto industry is trading in the red at the time of writing. Bitcoin, for exampl...

The cryptocurrency market was painted red. A number of assets were seen bleeding making it an uneventful start to the week. SUI was also part of this and witnessed a much bigger downfall. Despite this, the community is sure that the asset will record a new all-time high sooner than later. This is mostly because of SUI’s rise earlier this month, where it hit a new peak. The real question is if the cryptocurrency will end the first month of the year on a good note. Also Read: XRP on Edge: SEC Appeal Looms as Ripple Countdown Hits Critical Stage SUI Slips By Over 7% Source: Asia Crypto Today Over the past 24 hours, the altcoin recorded a 7.36% drop. At the time of writing, SUI was trading at $4.49. The asset’s weekly loss stands at 13%. Amidst this, the cryptocurrency’s trading volume was on the rise. Throughout the past day, the asset’s volume surged by 51%, bringing the final value to $1.33 billion. Source: CoinMarketCap It is worth noting that SUI hit an all-time...

Ripple’s much-anticipated stablecoin, Ripple USD (RLUSD), has failed to gain traction since its mid-December launch. Despite the well-capitalized company’s billions in funding and decade of experience in the blockchain industry, the XRP token hasn’t even captured a 0.04% market share of the stablecoin industry. Today, RLUSD’s market capitalization remains below $75 million. For context, the market cap of tether (USDT) alone is $137 billion. Ripple advertises its new stablecoin, designed to maintain a 1:1 peg with the US dollar, as an enterprise-grade solution for institutional financial use cases. However, its lackluster performance raises questions about demand for yet another USD proxy in an already crowded sector. Discouragingly, only a tiny number of exchanges list RLUSD for trading — with a significant amount of its trading volume on exchanges in which Ripple previously invested like Bitstamp and Bitso.  Ripple went all-in on politics and gained b...

The Dogecoin price plummeted 20% in the last 2 weeks and 2% in the last 24 hours to trade at $0.3190 as of 02:21 a.m. EST on trading volume that surged 43% to $2.2 billion. Dogecoin Price Aims For A Breakout The Dogecoin price has been trading within a defined range in the past few weeks after a sharp decline in mid-December. DOGE is priced at $0.319, showing consolidation after failing to break above key resistance levels. The sharp downtrend from the recent peak (near $0.40) appears to have reversed into a sideways movement as the price forms a clear rectangle pattern, indicating indecision in the market. This range-bound behavior is characterized by support around $0.30 and resistance at $0.33-$0.34, according to GeckoTerminal data. DOGE price recently retested the 50-day Simple Moving Average (SMA), which has acted as dynamic resistance. The 200-day SMA, at $0.384, remains significantly above the current price, highlighting a bearish bias in the medium term. The Relative St...

The fear and greed index is back to neutral, boosting investor confidence as Pepe coin experiences a significant increase in value. In a recent Analysis of Pepe coin, the outlook appears predominantly bullish, driven by two main factors: the positive momentum from Bitcoin and the strong performance of meme coins. With Bitcoin price closing last week above $62,500, there’s optimism in the market that could benefit Pepe coin. Recently trading volume for Pepe has surged by 100%, reaching approximately $1.1 billion, reflecting growing investor interest. As of this writing, $PEPE is priced at $0.00000932, with a 24-hour trading volume of $836 million and a market capitalization of $3.9 billion. The $PEPE price has declined by 2.68% over the past 24 hours. This article will offer a price prediction for Pepe coin and evaluate the potential for it to reach new all-time highs soon. $PEPE Coin Price Prediction Recently, the coin successfully broke through a significant resistance leve...

Spot Ethereum ETFs (exchange-traded funds) recorded $4.9 million inflows yesterday after Grayscale’s Ethereum Trust ended its negative streak and as CoinShares says investors favored ETH funds over BTC investment products in the recent market rebound. Data from SosoValue shows the 9 spot Ethereum ETFs recorded inflows yesterday after suffering negative flows for 3 consecutive days. Meanwhile, Grayscale’s Ethereum Trust (ETHE) logged zero flows for the first time since its conversion into an ETF, bringing an end to 14 days of outflows. VanEck’s Fund is the Only One Among the Spot Ethereum ETFs to Record Outflows VanEck’s ETHV was the only spot Ethereum ETF to experience negative flows on Aug. 12. ETHV recorded outflows for the first time since July 23 after $2.92 million left its reserves. During the same period, Fidelity’s FETH posted $3.98 million in net inflows, while Franklin’s EZET saw approximately $1.01 million in inflows yesterday. Bitw...

Data compiled by the Wublockchain indicates: In July, the spot trading volume on major exchanges decreased by 9% month-on-month. The top three exchanges in terms of percentage change were Crypto.com (+59%), Upbit (+26%), and Gate (+21%). The bottom three were Binance (-21%), Bitget (-18%), and OKX (-16%). In July, the derivatives trading volume on major exchanges decreased by 4% month-on-month. The top three exchanges in terms of percentage change were Crypto.com (+56%), Bybit (+3.4%), and KuCoin (+0.4%). The bottom three were Mexc (-14%), Binance (-10%), and HTX (-8%). In July, website traffic to major exchanges decreased by 18% month-on-month. The top three exchanges in terms of percentage change were Gate (+15%), HTX (-6%), and Coinbase (-7%). The bottom three were OKX (-43%), Mexc (-39%), and Bitget (-29%). Note: The following data may have significant bot-related or volume manipulation concerns. Spot and derivatives data are sourced from Coingecko, and traffic data is sourced from...

  As demand and supply continue to struggle against each other in the Tamadoge market, it begins to range sideways at around the second hour of today’s trading session. The market went from being very volatile by 9 pm in yesterday’s session to be stable at around 2 am of today’s market. It continues in the ranging trend till the moment of writing this article. Tamadoge Market Price Statistic: TAMA/USD price now: $0.02589 TAMA/USD market cap: $ TAMA/USD circulating supply:1.05Billion TAMA/USD total supply: 1,049,733,333 TAMA/USD coin market ranking: # Key Levels Resistance: $0.0300, $0.0350, $0.0400 Support: $0.0200, $0.0150, $0.0100 Tamadoge Market Price Analysis: The Indicators’ Point of View The Bollinger band had widened out at around the 21st hour of yesterday&rsquo ;s trading session due to the increase in the trading volume from both sides of the market. The market stabilizes at around the second hour of today. As the day’s tra...