XRP is sending out an interesting on-chain signal at a time when its price is still struggling to build a convincing recovery above $1.3. A closely monitored on-chain metric tracking the behavioral gap between XRP’s largest holders and its retail base has collapsed to its lowest reading in more than two years. The data, sourced…
View More XRP Whale Vs. Retail Spread Just Hit A 2-Year Low, What This Means
Over the last week, the Bitcoin price has continued to see sustained selling pressure, with the flagship cryptocurrency trading around $73,400. According to recent on-chain data, changes in key market structures suggest Bitcoin might remain in this bearish state in the near to mid-term. Realized Cap Metric Reflects Growing Capital Outflows In a recent post…
View More Bitcoin Records $40B+ In Capital Outflows As ‘Humpback’ Whales Intensify Selling – Details
Over the past two weeks, the Ethereum price has trended downward, sparking fears of another prolonged correction. However, data from a recent on-chain analysis indicate that the long-term bullish case for Ethereum remains quite strong. Staked Ethereum Metric Indicates Long-Term Investor Confidence In a recent QuickTake post on CryptoQuant, crypto analyst PelinayPA highlights a confluence…
View More Ethereum Pullbacks Spark Accumulation Activity – Here’s WhyTraders cashed out nearly $1.2 billion worth of Bitcoin in a single day last week — a sign that the recent recovery may be running out of steam. On May 4, investors sold 14,600 Bitcoin, pushing daily realized profits to their highest point since early December. According to CryptoQuant, that kind of selling spike during…
View More Bitcoin Faces Major Test As 37% Recovery Collides With Bear Resistance
Analysts believe Bitcoin may still have significant upside ahead, pointing out that a rare signal has appeared on a key valuation metric for the first time in roughly two years — and history suggests it could mark the start of a major price run. A Critical Level In Play At around $82,500, Bitcoin is bumping…
View More Bitcoin Bulls Awaken As Rare Golden Cross Signal Flashes On Charts
The XRP price remains range-bound as it has been over the past couple of weeks. As of the time of writing, the XRP price has appreciated by 1.86% over the past day, yet it has been unable to break above the $1.60 resistance. However, despite this apparent inertia, a notable shift is occurring on Binance,…
View More XRP Whale-Retail Spread On Binance Falls To 2024 Levels — What’s Happening?
The heaviest resistance sitting above Bitcoin’s current price isn’t a round number or a chart pattern — it’s the break-even point of millions of holders who bought in during the past year and are still underwater. One Level Controls The Narrative A CryptoQuant market expert says the “bottom is in” crowd is getting ahead of…
View More Bitcoin Bulls Need One More Signal To Confirm Market Bottom – Details
The Bitcoin market appears to be at a critical phase, as evidenced by data from a recent on-chain evaluation. According to this latest analysis, the Bitcoin price shows few signs of a clear directional trend, with uncertainty as the prevailing structure. Bull Score Index Within Neutral Territory In an X post on May 2, pseudonymous…
View More Bitcoin At A Transitional Phase? Bull Score Index Signals Uncertain Momentum
Fewer derivative traders are placing new bets on Bitcoin right now. Open interest has barely moved — up just 1.50% to $55 billion — and more futures positions closed than opened in the past 24 hours. Volume dropped 21% to $30 billion. The market is waiting. Sellers Have Had The Upper Hand For Over A…
View More Bitcoin Could Be One Breakout Away From A Structural Shift: Analysts
Bitcoin prices are consolidating around the $77,000 mark, following a net 2.12% in the last week. The maiden cryptocurrency has registered significant positive traction in April, rising from around $67,000 to its current price level in the last three weeks. However, on-chain data indicates Bitcoin is yet to encounter the major resistance levels that could…
View More Bitcoin Stalls At $77K As Major On-Chain Resistance Kicks In – Details