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The Dogecoin supporter, Elon Musk, is all set to launch an X App trading platform this year. CEO Lica Yaccaino has confirmed that the platform is rolling out “investment or trading,” which is part of Musk’s plan to turn X from just a simple social media platform to a super-app. However, with the launch time
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The post Chainlink Price Rallies 19%, Can LINK hit $20 or Is a Pullback Coming? appeared first on Coinpedia Fintech News
Chainlink price has made its way into a strong uptrend, climbing to $17.13 with a daily gain of 3.58% and a 19.55% weekly increase. The token’s price spike comes along with a wave of optimism surrounding blockchain utility, driven by Chainlink’s integration with Australia’s PayTo via Project Acacia.
Moreover, the impetus also comes from growing institutional support, backed by partnerships with SWIFT, Google Cloud, and favorable U.S. crypto policy developments. Considering, stacking some LINK? If yes, then this Chainlink Price Analysis is a must-read for you.
On the daily chart, LINK is nearing a critical resistance zone at $17.50–$18.00. This level has been a rejection zone in the past. And a failure to decisively close above could trigger a short-term correction. However, if bulls manage to push the price above this level, the next major target lies near the $20 psychological level.
The RSI currently reads 75.82, suggesting overbought conditions and a possible pullback to be on the horizon. Successively, Bollinger Bands are also expanding, confirming the volatility surge, while LINK is trending above its 20-day SMA at $14.46, which now acts as dynamic support.
Volume has picked up to $873.04 million, increasing by 8.99%, bolstering the conviction behind the price move. Contrarily, the Immediate support is seen at $15.25, a key breakout level that could act as a retest zone if a pullback occurs. In summary, a daily close above $17.50 could trigger the LINK price for the next wave toward $20. However, it is worth noting that a rejection at this level might invite short-term profit booking.
Chainlink’s price surge is driven by real-world integrations like Project Acacia, rising institutional support, and altcoin rotation.
The crucial resistance lies between $17.50 and $18.00, a breakout could push the price toward $20.
The RSI at 75.82 suggests overbought territory, indicating potential short-term consolidation. If you are up for short-term trades, you need to consider this.
The post Chainlink Price Rallies 19%, Can LINK hit $20 or Is a Pullback Coming? appeared first on Coinpedia Fintech News
Chainlink price has made its way into a strong uptrend, climbing to $17.13 with a daily gain of 3.58% and a 19.55% weekly increase. The token’s price spike comes along with a wave of optimism surrounding blockchain utility, driven by Chainlink’s integration with Australia’s PayTo via Project Acacia. Moreover, the impetus also comes from growing …
The post XRP Price to Crash 25%? Experts Warn of a Possible $1.55 Test appeared first on Coinpedia Fintech News
The cryptocurrency market remains volatile, and XRP is showing signs of weakness despite recently climbing above a descending trendline that had capped every rally since February. After slipping back under key resistance levels, analysts now warn that XRP could be at risk of a deeper pullback in the coming sessions.
At the time of writing, XRP is struggling to hold support around $2.10, having dipped as low as $2.03. Analyst CasiTrades warns that while XRP briefly reclaimed its breakout level, the move could be a false breakout. She added that if open interest begins to rise without a meaningful price move, particularly if it crosses 0.02% or higher — it could signal a high probability of a liquidity sweep to the downside.
“If we fail to hold $2.25, it puts $2.01, $1.90, and even $1.55 in play,” she explained. A capitulation move toward these lower levels, while painful in the short term, could generate the exact momentum XRP needs to finally break free of its multi-year range. CasiTrades said such a shakeout could pave the way for a powerful Wave 3 breakout in the coming weeks.
Technical indicators support the bearish short-term outlook. RSI and Stochastic indicators on the daily and 4-hour charts are showing oversold conditions, hinting at continued selling pressure before a possible rebound. The market is currently watching the $1.95–$1.88 zone closely for signs of stabilization.
Adding to the uncertainty, XRP’s price action remains closely tied to Bitcoin and Ethereum. As both major cryptocurrencies trade within tight ranges and show signs of a potential pullback, altcoins like XRP are likely to mirror this behavior.
While short-term risks remain high, some analysts remain positive about XRP’s medium-term prospects. If the market can shake off current bearish sentiment, XRP could recover towards $2.25–$2.35 initially, with more ambitious targets of $3 by the end of July if bullish momentum builds.
The post XRP Price to Crash 25%? Experts Warn of a Possible $1.55 Test appeared first on Coinpedia Fintech News
The cryptocurrency market remains volatile, and XRP is showing signs of weakness despite recently climbing above a descending trendline that had capped every rally since February. After slipping back under key resistance levels, analysts now warn that XRP could be at risk of a deeper pullback in the coming sessions. At the time of writing, …
A renowned crypto market analyst has predicted that XRP price is eyeing a rally to $2.70 in sync with a market-wide recovery in recent days. Analyst Ali Martinez has forecasted a highly bullish outlook for the Ripple-backed token due to bullish chart formations, sparking optimism in sync with another dynamic that emerged recently. Intriguingly, network activity for the same crypto has surged by nearly 70% as active addresses topped 40K this Saturday.
Ali Martinez revealed in a recent X post that XRP price appears to be forming an inverse head and shoulders pattern. This pattern formation suggests that the crypto’s price is gearing up for a trend reversal from downtrend to uptrend.
The analyst predicted that a potential bullish breakout to $2.70 lies ahead against the backdrop of this bullish dynamic. However, XRP coin’s price has erased slightly over 1% in the past 24 hours and closed at $2.08, stirring some contrary speculations.
Despite the coin’s recent volatile price action amid broader market trends, renowned crypto market analysts have gone all out with non-stop bullish predictions. Not long ago, CoinGape reported that Ripple’s coin’s price could surge as high as $3.75 amid other bullish chart formations, per another market analyst. Notably, analyst ‘Dark Defender’ emphasized a major resistance break and a bullish RSI for the crypto, adding to optimism about its long-term price prospects.
In addition, burgeoning Ripple network activity has added to market optimism for the US blockchain payments company’s native coin. XRP network activity surged 67.50% on April 22 as the active addresses topped 40,000.
Analyst Ali revealed via a different X post that the active addresses rose from 27,352 to 40,366, spotlighting the surge. This data has further tilted the scales toward the bullish side of the crypto, highlighting rising blockchain and user interaction.
The upshot? Traders and investors extensively monitor the coin for any price action shifts ahead. Meanwhile, an XRP price prediction by CoinGape also revealed that a massive rally is right over the horizon, as per the Wyckoff pattern.
The post Analyst Predicts XRP Price Rally To $2.70 Looms As Ripple Network Activity Jumps 70% appeared first on CoinGape.