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news-imageOctober 16, 2024

Price analysis 10/16: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Bitcoin bulls are keen to hit $70,000, but a selloff at this level could trigger a sharp downside in BTC and altcoins.
Publisher: Cointelegraph
Sentiment: Negative
ADA
AVAX

More News Articles

Neutral
cover-imageBitcoinist
November 24, 2024

Ripple CEO Reacts To Trump's Billionaire Treasury Secretary Nominee

After weeks of intense speculation, incoming US President Donald Trump has named Scott Bessent his Treasury Secretary pick. The drawn-out selection process has attracted many popular names, including Howard Lutnick of Cantor Fitzgerald, former Federal Reserve governor Kevin Warsh, and billionaire Marc Rowan.

Positive
cover-imageThe Currency Analytics
November 24, 2024

MicroStrategy Secures $3 Billion to Expand Bitcoin Holdings

MicroStrategy, the well-known business intelligence firm led by Michael Saylor, has raised $3 billion through the sale of convertible notes, a bold financial move aimed at further expanding its Bitcoin reserves. The company's ongoing strategy to accumulate the cryptocurrency has raised eyebrows across the industry, and this latest development has solidified its position as one of the largest institutional Bitcoin holders.

Positive
cover-imageThe Currency Analytics
November 24, 2024

XRP Surge Fueled by Whale Activity: $15 Price Target in Sight

XRP, the cryptocurrency linked to the Ripple network, is currently experiencing a surge in market momentum, largely driven by increased activity from large investors, known as whales. Over the past week, these whales have accumulated over $526 million worth of XRP, marking the largest purchasing spree in nearly three years.

Positive
cover-imageCryptoPotato
November 24, 2024

Ripple Price Analysis: Can XRP Skyrocket to $2 by the Year's End?

Ripple's recent price action underscores significant bullish momentum as buyers continue to dominate the market. Despite a potential brief consolidation phase, XRP is steadily approaching another coveted milestone of $2, with the prospect of achieving tapping that target by the year's end growing.

Positive
cover-imageThe Currency Analytics
November 24, 2024

Whale Purchase of $23.86M in Solana (SOL): Is $400 Within Reach

A whale recently acquired 100,000 Solana (SOL) tokens, valued at $23.86 million, sending ripples through the cryptocurrency community. The massive purchase and strategic staking of Solana's native token have fueled speculation about the future of Solana's price, with many asking: Could the asset be on track to hit the $400 mark?

Positive
cover-imageCoinPedia
November 24, 2024

Avalanche Price Jumps 62%, AVAX Price Eyes To Hit $65?

As the altcoin market maintains its November bull rally, top tokens have added significant value to their respective portfolios over the last few days. Following this, the AVAX price has reclaimed the $40 mark and is on the path to recording a new 8-month high.

Positive
cover-imageNewsBTC
November 24, 2024

Top Analyst Claims XRP New ATH Is Just Around The Corner – Details

The crypto market has been abuzz with activity regarding XRP, and there is a consensus among investors that its anticipated return to all-time high (ATH) territory may occur sooner than anticipated. Related Reading: Upbit Listing Sends BONK Skyrocketing 67% For A Fresh ATH In Memecoin Mania XRP's price has reached $1.43, marking a monumental 25% increase in the past day alone, bringing its weekly gains to a solid 50%.

Positive
cover-imageThe Currency Analytics
November 24, 2024

Growing Optimism Around Solana ETF as SEC Takes Action

There is growing optimism in the cryptocurrency space as Solana (SOL) spot exchange-traded fund (ETF) filings continue to move forward with the U.S. Securities and Exchange Commission (SEC). Recent reports indicate that the SEC is engaging with asset managers filing for Solana ETFs, signaling a promising step towards the approval of such products.

Positive
cover-imageThe Currency Analytics
November 24, 2024

Wall Street Analyst Predicts XRP Could Hit $33 by 2025

XRP, the native cryptocurrency of the Ripple network, has recently experienced a major surge in value, surpassing the $1 mark for the first time in years. The rally has generated optimism among investors, with some experts suggesting that the digital asset could see even more significant gains in the near future.

Negative
cover-imageNewsBTC
November 24, 2024

Analyst Sounds Bearish Alarm For Bitcoin As $100,000 Presents Psychological Resistance

Despite heightened expectations for the Bitcoin price to hit the $100,000 milestone, a crypto analyst has surmised that this key target could present psychological resistance for the pioneer cryptocurrency. Amidst this bearish warning, the coin's price's continued upward movement towards the elusive $100,000 mark has become the center of attention in the crypto community.

Neutral
cover-imageCoinPedia
November 24, 2024

XRP Price Prediction For 24 November

Ripple's XRP is down by more than five percent in the last 24 hours and is trading above the $1.50 level. The cryptocurrency is up by more than 40 percent in the last seven days and is now trying to break the $1.70 levels.

Negative
cover-imageCoinPedia
November 24, 2024

Is Bitcoin Going to Crash After Hitting $100K?

Bitcoin has cleared major resistance levels at $70,000, $85,000, and $99,000. The exponential moving averages (EMAs) signal a strong bullish trend, with the 50-day EMA positioned above the 100- and 200-day lines. However, the Relative Strength Index (RSI) has reached 82, indicating overbought conditions that could lead to a short-term price correction.

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