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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

XRP’s short-term bullish momentum is back, and it could propel the cryptocurrency to as high as $4.5 in the coming weeks, according to a trading expert. Specifically, Master Ananda’s Analysis highlighted a confirmed higher low formation on June 5, followed by strong bullish price action on June 8.  This suggests that XRP has resumed its upward trend after spending a month consolidating. Notably, June 5 marked one of XRP’s steepest drops in recent weeks, briefly threatening to fall below $2. In a June 8 TradingView post, Ananda pointed to April 7 as a local bottom and May 12 as the most recent peak. The 24-day retracement between those dates, followed by 27 days of sideways movement, signals a classic buildup phase before a potential breakout. XRP price analysis chart. Source: TradingView According to Ananda , this consolidation has allowed the market to reset, positioning XRP for a major move higher. His price target is $4.51, bypassing ...

Decentralized finance (DeFi) asset Solana (SOL) will likely see an over 1,800% upside based on a bullish technical setup. Specifically, Solana has broken out of the bullish cup-and-handle pattern, signaling a potential target of $4,700 based on the formation’s historical implications, according to a projection shared by cryptocurrency analyst Ali Martinez in an X post on January 18. SOL price analysis chart. Source: TradingView/Ali_charts The cup-and-handle pattern resembles a rounded “cup” followed by a smaller “handle” dip. It signifies a period of consolidation before a breakout, reflecting growing buying pressure after a prolonged correction. When the price breaks above the resistance level at the “rim” of the cup, it often leads to a strong upward move. Picks for you 2 cryptocurrencies to r...

Popular crypto analyst Altcoin Sherpa says that one red-hot artificial intelligence (AI)-related memecoin continues to show market strength after a massive surge. The pseudonymous trader tells his 233,000 followers on the social media platform X that Act I: The AI Prophecy (ACT) is looking strong on the four-hour chart. According to the trader’s chart, ACT has broken through the .382 Fibonacci retracement level at $0.59 and continues to hold it as support at time of writing. “ACT is moving extremely well, huge move from some Elon [Musk] interaction. The technical Analysis on it was actually very solid as well, though, as it built a base (didn’t quite go to $0.36 like I wanted). Big moves for all of these AI coins [November 29th], let’s see what happens.” Source: Altcoin Sherpa/X ACT is trading for $0.64 at time of writing, up more than 4,800% from its low of $0.0130 on November 5th. The Solana (SOL)-based memecoin has a market cap ...