Zcash climbed through $1,000 while Bitcoin briefly traded above $82,000 after a softer signal from Federal Reserve Governor Christopher Waller drew buyers back to risk assets. The move lifted the wider crypto market to its highest valuation in more than seven months, although strong US employment data later cooled the rally.
By Andrew Bennett Ethereum Classic is emerging as one of the top performers of the day in the crypto market. Following the breakout, the $10 level is once again within reach.
By Andrew Bennett Several negative factors are putting strong pressure on the OP token.
By John Isige This week, the SOL/USD pair has resumed a moderate decline within a long-term downtrend and is trading near 82.40, pressured by geopolitical and trade-related uncertainty as well as expectations that current U.S. monetary policy will remain in place for an extended period. The situation in the Middle East remains tense: while U.S.–Iran talks on a nuclear deal have shown some progress, a formal agreement is unlikely in the near term. Moreover, as the White House increases its military presence around the Islamic republic, the risk of a direct confrontation is rising. In this environment, investors continue to favor safe-haven assets—primarily gold—while viewing cryptocurrencies as an unreliable store of value.
By John Isige During the Asian session, the XRP/USD pair remains within a long-term downtrend, forming a corresponding descending channel. Over the weekend, prices attempted a corrective move and tested the upper boundary at 1.6420 (61.8% Fibonacci retracement) but failed to break higher and gave back part of the gains, stabilizing near 1.4800.
By John Isige The ETH/USD pair remains within a medium-term downtrend, forming a corresponding descending channel: in the middle of last month, prices reached its upper boundary at 3353.00 but failed to break higher and moved into a correction, during which they fell to the October 2023 lows near 1746.00.
By John Isige SOL/USD has resumed its decline within a long-term downtrend after an extended consolidation inside the 150.00–125.00 range and is now moving lower along its upper boundary. The price is approaching the 75.00 level (Murray [2/8]), which was unsuccessfully tested a week earlier. A confirmed break below this mark would open the way toward 50.00 (Murray [0/8]) and 25.00 (Murray [-2/8]). For bulls, the key resistance zone lies at 107.40–112.50 (Fibonacci 61.8% retracement, Murray [4/8], middle Bollinger Band). A breakout above this area would signal a stronger upside recovery toward 150.00 (Murray [8/8]) and 175.00 (Murray [+2/8]).
By Sagar Dua The XRP/USD pair remains within a long-term, устойчив downward trend. An attempt at corrective growth at the beginning of the year, when the price tested 2.3437 (Murray level [8/8], 38.2% Fibonacci retracement), proved unsuccessful, after which the instrument resumed active losses. Last week, it reached the November 2024 low at 1.1175, but later managed to recover toward 1.3671 (Murray level [3/8]). A firm break below this level would act as a catalyst for further bearish momentum toward 1.1718 (Murray level [2/8]) and 0.7812 (Murray level [0/8]).
By Andrew Bennett The blockchain entrepreneur is calling for a radical rethink of how artificial intelligence is developed and integrated with crypto technologies, assigning Ethereum a central role in that process.
By John Isige The ETH/USD pair has been under heavy pressure since mid-January and reached April lows near 1,746.00 late last week. Over the weekend, however, it managed to rebound toward the 2,010.00 area. The current recovery appears to be driven by temporary technical factors, as the medium-term fundamental backdrop remains negative for the broader cryptocurrency market.
By John Isige The SOL/USD pair has been losing ground for the third consecutive week amid a broader market downtrend and reached a January 2024 low near 89.20 yesterday.
By John Isige The ETH/USD pair traded for an extended period within a sideways range of 3437.50–2770.00 (Murrey level [3/8], 61.8% Fibonacci retracement), but last week it exited this range after breaking below the lower boundary and resumed movement within a descending channel. Yesterday, the price tested the 2187.50 level (Murrey level [–1/8]) near the June lows. A breakdown below this area would likely open the way toward 1875.00 (Murrey level [–2/8]) and 1481.60 (100.0% Fibonacci retracement). However, if the price manages to consolidate above the 3165.00–3125.00 resistance zone (50.0% Fibonacci retracement, Murrey level [2/8]), an upside breakout from the range could occur, signaling a trend reversal and opening the path for growth toward 3750.00 (Murrey level [4/8]) and 4062.50 (Murrey level [5/8], 23.6% Fibonacci retracement).
By John Isige After the sell-off in Bitcoin and Ethereum, the market is licking its wounds. Meanwhile, ETH whale Tom Lee is sitting on losses of nearly $6 billion.
