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Showing posts with the label price decline

Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds

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Is XRP set for a massive capitulation?

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As the cryptocurrency market faces renewed bearish sentiment, concerns are rising that XRP could be approaching a possible capitulation. However, Analysis from market strategist CrediBULL Crypto suggests these concerns may be overstated. In an X post on September 26, the analyst highlighted that while a downside move is possible, it is unlikely to derail the broader bullish outlook. On the short-term chart, XRP is consolidating within a descending triangle pattern. The price has repeatedly tested the horizontal support zone near $2.65, creating what analysts describe as “triple lows.” XRP price analysis chart. Source: Tradingview CrediBULL noted that a breakdown of this level could trigger a dip into the high-timeframe (HTF) demand area between $2 and $2.40.  This would represent a decline of roughly 10–15%, in line with pullbacks expected across the wider crypto market should Bitcoin (BTC) slide below $105,000. However, the higher-timeframe char...

ETH down 39% since Eric Trump tweet

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The price of ether (ETH) is down 39% since Eric Trump tweeted two months ago, “In my opinion, it’s a great time to add $ETH. You can thank me later.” As of Eric’s February 3 tweet — that he edited to eliminate the “You can thank me later” part — the price of ETH was around $2,877. As of publication time, ETH is trading below $1,760 after declining 39% . Even though no one should thank him, per his edited wish, he still definitely recommended the digital asset when it was definitely not “a great time to add.” From Eric Trump’s recommendation at $2,877, ETH has declined 39% to $1,760. Read more: Eric Trump removes ‘thank me later’ from ETH promo Eric has endorsed several digital assets — although none as prominently as his ETH. He has also praised bitcoin (BTC), World Liberty Financial (WLFI), Ripple (XRP), Solana (SOL), Cardano (ADA), WLFI’s upcoming stablecoin (USD1), and Donald Trump’s own Solana memecoin, TRUMP...