Cryptocurrency Daily Thefoxposts.com

The Ripple and Cardano blockchain’s native cryptocurrencies XRP and ADA are among the most sought-after assets in the market. Both altcoins have a market cap worth billions and remain lucrative for investors to take an entry position. They also boast of several real-world use cases that solve problems plaguing the financial world. From creating smart contracts to ledgers and decentralized finance, they rule the roost of the advancing fintech ecosystem. Also Read: Not US, UK, or Europe: This Country Owns the Highest Bitcoin Per Population These two leading altcoins have given double-digit returns in a year and are among the top performers in the cryptocurrency segment. They also have a larger community base and the founders interact with the community often. All the latest developments and partnerships are transparent and there’s a new announcement of new deals almost every month. So which cryptocurrency could deliver better profits in 2025, can it be Ripple’s XRP or Ca...

Summary ⚈ Ethereum is forming an ascending triangle with strong trendline support, signaling a potential breakout above $2,150. ⚈ The recent rally pushed ETH past $2,400 after a 10-week bear market, driven by the Pectra upgrade and $400M in short liquidations. ⚈ However, overbought RSI levels and continued ETF outflows suggest caution despite recent gains. With Ethereum (ETH) stunning the cryptocurrency markets with weekly gains of over 30%, veteran trader Peter Brandt has highlighted that the asset could be setting up for another upward price move. Brandt’s Analysis pointed to a multi-year congestion pattern, suggesting a potential “moon shot” as an ascending triangle forms. This pattern, which often signals an upward move when resolved to the upside, was highlighted in his X post on May 9.  Ethereum price analysis chart. Source: Peter Brandt Supporting this bullish outlook, the long-term trend Features an ascending trendline connecti...

Throughout the first three months of the year, the US stock market has certainly struggled. Even before US President Donald Trump’s Liberation Day tariff plan, the market’s mega-cap stocks had struggled to find any kind of momentum. That shifted for Nvidia (NVDA) on Tuesday as shares officially retook $100, but what could be next for the company? Amid what was an increasingly volatile day for Wall Street, the AI chipmaker saw an impressive rebound take place. It certainly wasn’t alone, as firms like Tesla (TSLA) and Broadcom (AVGO) also performed well. However, with so much uncertainty abounding, is it a sign of things to come or just a small blip in its declining trend throughout this year? Source: TheHill / AP Photo/Seth Wenig, File Also Read: Investing Expert Calls to Buy Nvidia (NVDA) Stock Dip, Citing This Key Metric Nvidia Officially Retakes $100 as Stock Bounces Back From 2025 Downturn As one of the biggest disappointments for the US stock market this year, thin...

President Donald Trump’s re-election and the news that the now-former Securities and Exchange Commission (SEC) Chair Gary Gensler would resign helped XRP soar from about $0.51 to January highs near $3.31 for a 549% rally. Events in the subsequent months provided substantially fewer tailwinds, with even the SEC’s watershed decision to abandon its lawsuit against Ripple Labs triggering only a short-lived rally. In fact, though the immediate reaction to the news was positive and led to a 14.35% rally from March 18 lows near $2.23 to March 19 highs near $2.55, sending the token’s market capitalization to $149.18 billion, subsequent trading proved something of a bloodbath. Picks for you Trump’s White House return wipes out nearly 20% of Bitcoin millionaires 2 hours ago ...

Ripple (XRP) has taken the market by storm lately with its metrics steadily rising due to peaking interest and popularity. Adding more to the fire, the US SEC has finally dropped its case against Ripple, enabling the token to peak and soar against all odds. The landmark decision has positively impacted the price of XRP, which is now up 7% in the last 24 hours. Can it go even higher amid such bullish developments? Let’s find out. Also Read: JPMorgan Says META Stock Will Lead This Key Market Amid Exconomic Uncertainty Ripple Wins Against All Odds Source: Pexels Ripple has emerged victorious against all odds and proceedings, labeled as a winner, with the US SEC dropping its case against the token. As soon as the announcement came in, XRP noted a sharp 10% spike before stabilizing around $2.46 at press time. Ripple’s CEO, Brad Garlinghouse, commented on the landmark victory, adding how the decision will now enable Ripple to experiment holistically. “This is it—the moment we’ve been wa...

XRP is one of the most trending crypto tokens for many reasons. Ripple’s recent launch of RLUSD speaks volumes about its commitment to making the world more crypto-centric. XRP has lately been hovering between $2.31 and $2.40, giving impressions of a modest, stagnant pace. Can the token rise high on the radar soon? Let’s find out. Also Read: Quantum Stock (QUBT) Surge Outshines Nvidia (NVDA) XRP’s Immediate Price Target Source: Trackinsight Per Egrag Crypto, a notable cryptocurrency analyst, XRP is all set to close its 3-day candle, rising above the $2.3 price mark that it’s currently stuck in. The expert has also noted how this is a major bullish marker for XRP, which can catapult its price to reach a new high mark. That being said, Egrag Crypto later shared how XRP is aiming to claim the $2.62 price mark, after which the token is free to break out and chart its own independent price path. “#XRP – As Expected – Trust The Process: In just 6 hours, #XRP will...

Cardano is once again grabbing central attention as the cryptocurrency seems to be moving toward claiming a new high. ADA is up 5% in the last 24 hours, trading at $0.78, a new price high as Bitcoin breached a new price spot of $94K. Will ADA continue to establish robust price levels along these lines? Let’s find out. Also Read: Cryptocurrency: 3 Donald Trump Owned Coins To Stock For Solid Gains Cardano Aims For $6: Can It Claim It? Source: Reddit Cardano is once again rising high on the radar. The token currently sits at $0.78, a few points away from claiming the ambitious $1. Investor sentiment towards the token has also accelerated, with investors building anticipation of whether the token can truly claim the coveted $1 price mark in the current bull season. JUST IN: ADA is on the move yet again. 77c and running pic.twitter.com/LpUbqw6q7k — Rami (@CardanoRami) November 20, 2024 Cardano’s current price high is the result of the market’s overall bullish momentum. Th...

The TROY price surged 78% in the last 24 hours to trade at $0.00447 as of 03:20 a.m. EST on trading volume that skyrocketed 236% to $220 million. TROY’s surge followed listings on several exchanges in the past week or so, with the latest being BingX. Unlock the secrets of Troy – no wooden horse needed! 🐴$TROY gets listed on #BingX Futures 🎠 @TROY_DAO 👉🏻 Trade Now: Perpetual Futures: https://t.co/FnfWO5h9j5 Standard Futures: https://t.co/krfkyqgenk pic.twitter.com/KK0nLILzby — BingX (@BingXOfficial) November 1, 2024 TROY Price Aims For A Continued Surge According to the TROY/USD chart Analysis on the 8-hour timeframe, the TROY price has been on a decline since April. However, the $0.001195 support in October allowed the price of TROY to surge, with the recent price movements forming a cup and handle pattern, according to data from GeckoTerminal . TROY price now trades above both the 50-day and 200-day Simple Moving Averages (SM...

Dogecoin has had a modest October. The token showed no bullish signs of price surges or peaks, although attempts were made to aim for high price spots. Despite its slow price pace, several analysts continue to expect Doge to break out, with one noteworthy analyst sharing how Doge has the potential to embrace the bullish onset of the market very soon. Also Read: Bitcoin Reclaims $71,000: Will BTC Hit A New Peak This Week? Dogecoin To Claim $0.175, Analyst Predicts Source – Bitcoinist Dogecoin is one of the leading cryptocurrencies to exist in the market. The token is fondly referred to as Tesla chief Elon Musk’s favorite, as Musk has often been noted making comments about Doge in his speeches every once in a while. These impromptu mentions have helped Dogecoin encounter occasional price spikes. However, 2024 was relatively slow for Doge. The token did not display any noteworthy price action, leading investors to wonder whether the token would ever embrace bullish momentum. With Bit...

The NOTAI price slid 4% in the last 24 hours to trade at $0.0002104 as of 00:56 a.m. EST on trading volume that plunged 70% to $2.1 million. NOTAI Price Aims For A Bullish Trend Reversal After hitting the $0.00032 resistance on September 18, the NOTAI price has been on a downtrend along the falling wedge pattern, according to data from GeckoTerminal . The downtrend has driven the price of NOTAI below the 50-day Simple Moving Average (SMA), a confirmation of the bearish sentiment. However, the bulls seem to have found some support around $0.0001966, as they aim to push the NOTAI price above the upper boundary of the falling wedge pattern. The Moving Average Convergence Divergence (MACD) is also on a positive trajectory, as it is climbing towards the zero line. The blue MACD line also crosses above the orange signal line, a representation of a bullish crossover. If the bullish trend continues, the price of NOTAI could sustain the bullish trend reversal, as the bulls target $0.000...

The BOBO Coin Price jumped 44% in the last 24 hours to trade at $0.000001406 as of 05:43 a.m. EST on trading volume that skyrocketed 65% to $5.4 million. BOBO Coin Price To Continue Soaring The BOBO price has been on a downtrend from the beginning of August to the beginning of September, dropping from the $0.000001424 to the $0.000000513 support, according to data from GeckoTerminal . However, the bulls seem to have support at this level, with the price of BOBO soaring back to the resistance zone, forming a rounding bottom pattern. The BOBO Coin price bulls aim to capitalize on the pattern and keep pushing the token up. The price of BOBO now trades above both the 50-day and 200-day Simple Moving Averages (SMAs). The Relative Strength Index (RSI) further supports the bullish stance, with the RSI soaring above the 70-overbought region, currently at 80, showing that the asset is currently under intense buying and is overvalued. Moreover, the BOBO price is currently on sustained pos...