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A widely followed analyst says one decentralized finance (DeFi) token built in the Ethereum (ETH) ecosystem may be gearing up for a massive breakout. Pseudonymous analyst Credible Crypto tells his 466,000 followers on the social media platform X that Curve DAO (CRV) may increase more than 240% from its current value if it can break through a key resistance area. “For those looking to buy a dip on CRV, on lower timeframes, we are approaching a key level of resistance on both USD and BTC pairings. Identify this level (it’s easy enough to do on the four-hour chart) and understand that this region is the most likely place for this rally to the upside to end if the bottom isn’t already in. If we clear this region, it’s clear skies to $2+. As we push into this resistance zone, you want to be watching for a potential rejection.” The trader says CRV needs to reclaim $0.67 in its USD pair (CRV/USD) to rally toward new local highs, while its k...

The ongoing cryptocurrency market bloodbath might have cemented XRP’s bearish move, with the asset potentially staring at an almost 60% drop. The asset’s technical formations suggest that the recent attempt to move towards $3 might have been invalidated, with the next target at $1, considering XRP is forming a bearish head and shoulders pattern, according to crypto analyst Ali Martinez. In an X post on March 4, Martinez observed that the pattern has been forming since December 20, 2024, and the last 24 hours of market movement might have confirmed the shoulder formation. Picks for you Crypto market wipes out $120 million in an hour 18 hours ago 2 cryptocurrencies to reach a $10 billion market cap in March 19 ho...

Ripple’s XRP token had a few bullish weeks earlier this year. The asset breached the $3 mark for the first time in seven years. Despite the rally, XRP has faced a correction in the last week. The daily charts show that the asset is down 0.8% and 2.26% over the previous week. XRP has maintained some gains in the other time frames. The popular cryptocurrency is up 8.2% in the 14-day charts, 49.2% in the monthly charts, and 490% since January 2025. Source: CoinGecko Also Read: How High Will Solana (SOL) Rise In February 2025? Why Is XRP Down Right Now? Source: AscendEX Ripple’s XRP token’s current predicament is likely due to larger macroeconomic factors. The US dollar has gained significant strength over the last few days. Investors are flocking to safer assets instead of cryptocurrencies. The Federal Reserve has taken a hawkish stance with its monetary policy to combat rising inflation. The Fed announced only two interest rate cuts in 2025 instead of three. XRP and othe...

A Bitcoin whale lost $13 million in 6 days trading BTC following a series of bad decisions made over the last week. During the same time as the whale’s trading decisions, Bitcoin’s price suffered a 5% correction. This pullback continued in the last 24 hours, resulting in BTC trading at $93,710.19 as of 2:47 a.m. EST. Bitcoin Whale Suffers Major Loss On Binance The Bitcoin whale’s trades were highlighted by on-chain analytics platform Lookonchain. In a Jan. 13 X post, the firm said that the whale initially withdrew 1,850 BTC, valued at $188.7 million, from Binance 6 days ago when the leading crypto’s price stood at $101,998. 6 days ago, a whale withdrew 1,850 $BTC($188.7M) from #Binance at $101,998. 8 hours ago, the whale deposited 1,850 $BTC($175.7M) to #Binance at $94,963. Losing $13M in 6 days.https://t.co/sVYcWVjpqh pic.twitter.com/2lokPJTpmJ — Lookonchain (@lookonchain) January 13, 2025 In the last 24 hours, the whale then deposited the sam...

The SPX6900 price surged  270% in the past week and 22% in the last 24 hours to trade at $0.2309 as of 4.50 a.m. EST on trading volume that skyrocketed 53% to $20.5 million. The SPX price started climbing around September 27, when AscendEX announced that it it would list SPX6900 and pair it against USDT. 🚀#AscendEX is thrilled to announce the @spx6900 ( $SPX) listing under the trading pair $SPX/USDT.  Details are as follows: ✅ Deposit: Opened ✅ Trading: September 27, 1:00 PM UTC ✅ Withdrawal:  September 28, 1:00 PM UTC 👀 Project Intro 👉 https://t.co/s5bBHfTwas 🤝🏻 Trade… pic.twitter.com/Yi5pVy1a0p — AscendEX (@AscendEX_) September 27, 2024 Soon after, a number of other platforms said the same, with listing announcements coming from BitMart, and Cryptonary on October 3. SPX6900 Price Prediction Despite its recent success, the project seemingly hit a strong resistance at $0.24, which rejected i...