On-Chain

A rare price pattern has emerged in Ethereum’s chart, the same signal that previously triggered a 260% surge. With analysts predicting up to $5,000 (€4,250), we explore the reasons behind these high expectations.

XRP sees a significant outflow of 1.35 billion tokens from exchanges in two months, driven by whales moving to cold storage, while on-chain activity and trading volume surge, leaving the market poised for a potential breakout.

Despite a massive dump of 150 million XRP by whales in 48 hours, experts remain optimistic. The selling pressure is being absorbed by inflows into newly launched XRP ETFs, while the price holds key support levels, suggesting potential for an upward move.

Bitcoin has reclaimed the $90,000 level, but underlying on-chain and futures market data suggest the recovery lacks conviction. Weak buying interest, underwater short-term holders, and declining open interest indicate the market may be poised for another downturn.