Author
Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.
Bitcoin Price Prediction: Brace for a 6-Week Correction, Followed by a Macro Rebound to ATH
The Bitcoin (BTC) performance YTD has outperformed most of the traditional stock indexes and experts believe the trend will continue in the coming years. As a result, hedge fund managers and institutional investors are crafting ways to tap the cryptocurrency market and compensate for past years. While some have been looking to the DeFi market, …
Qadir AK·23 Aug 20231 min
Ethereum Price Analysis : ETH Price At Risk Of Dropping To $900 If History Repeats
Ethereum, like many altcoins, began the week in the red, experiencing a significant downtrend. The breach of its upward trendline added to the challenges, with the coin’s price showing resilience above the crucial $1600 support level. However, concerns have arisen as the price could potentially decline by 27% to $1,200, with another support at $1,366 …
Sohrab Khawas·23 Aug 20231 min
PEPE Price Analysis: Volatility High For PEPE As Stand At $0.0000010 Crossroads?
Despite 68.53% of holders in the red, PEPE is slowly becoming a new strong meme coin in the industry. In the recent correction, the PEPE coin price falls drastically by 26% to the crucial support of $0.0000010574, aligning with the 78.60% Fibonacci level. Cooling down the selling spree, buyers hold off the selling spree at …
Qadir AK·22 Aug 20231 min
XRP Price Analysis: Why Ripple Will Fall Below The 200-day EMA With This Retest?
Crashing markets push the XRP price below the support trendline of the falling channel, resulting in a drop to $0.43 before closing at $0.50. With a morning start pattern to resurface above the 200-day EMA, the XRP price jumps by 6.63% over the weekend. The weekend recovery retests the broken falling channel and subsides under …
Sohrab Khawas·21 Aug 20232 min
Bitcoin RSI Hits Lowest Level in 20 Months: Is a Rebound Imminent?
The crypto market experienced significant turbulence with a billion-dollar loss within a day, leaving crypto assets in a precarious position. Bitcoin’s current value of approximately $26,000 reflects a complex interplay of factors that have triggered widespread selling among traders. One pivotal element contributing to this uncertainty is the ongoing Grayscale versus US SEC case, which …
Sohrab Khawas·21 Aug 20232 min
BNB Price Analysis: With Altcoins Crashing, BNB Falls To $230- Is A Reversal At Horizon?
With altcoins marking a third bearish day this week, the BNB coin price faces extensive selling from its investors. Breaking below a bullish pattern, Binance coin price succumbs to bearish market conditions, leading to a 5.78% drop in the last 8 days. Failing to rise above the 50-day EMA and $250, the BNB coin price …
Sohrab Khawas·19 Aug 20231 min
Avalanche Price Analysis: How Low Can AVAX Prices Go?
Following the remarkable recovery in early 2023, the AVAX price action enters a crushing correction phase. Experiencing extensive selling pressure at $21, the AVAX prices fail to find support at any crucial level for long. Bouncing back from $11 in June lit lamps of hope for Avalanche, leading to a 32% gain to reach $15. …
Qadir AK·19 Aug 20231 min
Bloomberg Slammed for Misleading XRP Headline; XRP Army Reacts
Ripple’s XRP token has been the subject of intense scrutiny, caught in a whirlwind of legal actions, misconceptions, and a fight for factual accuracy. Recent surprising developments have ignited a clash between media giant Bloomberg and the XRP community. What really happened? Let’s dive in! Bloomberg’s Blunder – A Headline Gone Wrong The Securities and …
Sohrab Khawas·19 Aug 20232 min
LTC Price Analysis: Litecoin Dump Begins, Falls 20% In A Week; Time To Exit?
With the buyer’s confidence going haywire, the altcoins are struggling to find a solid footing to hold the downfall. With top coins like Bitcoin(BTC) and Ethereum(ETH) down by 7.52% and 6.02%, Litecoin faces intense bearish pressure. Trending lower within a channel to complete a negative cycle in a rising channel LTC price action creates a …
Sohrab Khawas·18 Aug 20231 min