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 Cash Price Analysis: FUD Wildfire Catches BCH, Prices Down by 20%!
With a market-wide FUD crashing altcoins, Bitcoin Cash price ends the consolidation range and falls under the 50-day EMA. Making two consecutive bearish candles, accounting for a 20% drop in BCH price, the breakdown rally tests the 200-day EMA. At the confluence of the 200-day EMA and the 61.80% Fibonacci level, a lower price rejection …
Sohrab Khawas·18 Aug 20231 min
Bitcoin Price Analysis: BTC Price Falls To $26K, Breaks The Trendline in Focus!
The crypto market leader, Bitcoin, sets a bearish tone for the market with a sharp 7% overnight fall. As per coin glass, the sudden bearish move liquidates around a billion dollars market-wide. With $855 Million in long positions suffering the sudden fall and $194 Million in short positions. The largest liquidation is seen in Binance, …
Sohrab Khawas·18 Aug 20232 min
Crypto Market Loses $1B in Bloodbath: Will You Buy the Dip?
Bitcoin (BTC) underwent a significant shift in its price trajectory, closing below a crucial upward trendline on Wednesday. This marked the commencement of a new bearish phase that might extend over several months before a potential recovery. The downturn had far-reaching repercussions, particularly in the crypto derivatives market, where more than $1 billion in losses …
Sohrab Khawas·18 Aug 20232 min
Bitcoin Could Fall to $20k in Coming Weeks, Warns Analyst
Bitcoin (BTC) has slipped below a crucial support level at $29.1k, sparking worries of higher volatility on the horizon. Simultaneously, the altcoin market has followed suit, reflecting the prevailing negative sentiment within the crypto sphere. Recent market data reveals a drop of 1.5 percent in the total crypto market capitalization over 24 hours, totaling approximately …
Sohrab Khawas·17 Aug 20232 min
XRP Outperforms Altcoin Market, Analysts See $1.3 Price Target
The Ripple-backed digital asset, XRP, has continued to slowly slip into bearish sentiments after a huge breakout last month. Notably, on certain cryptocurrency exchanges like Bitstamp, the XRP USD derivative plummeted by as much as 58 cents on Tuesday. Fortunately, the situation has since found stability around the 60-cent mark. It’s important to note that …
Sohrab Khawas·16 Aug 20232 min
Rich Dad Poor Dad Author, Robert Kiyosaki Predicts Bitcoin Price to Hit $1 Million
Renowned author Robert Kiyosaki, known for “Rich Dad Poor Dad,” has set forth remarkable predictions about Bitcoin’s future. He envisions Bitcoin reaching $100,000 and potentially an astonishing $1,000,000 per coin. Kiyosaki’s perspective positions Bitcoin as “people’s money,” contrasting it with gold and silver, which he terms as “God’s money.” His optimism stems from a unique …
Sohrab Khawas·15 Aug 20232 min
BTC Price Analysis: With Another Higher Low, Will Bitcoin Find A Launchpad To Surpass $30K?
The oldest and the biggest cryptocurrency, Bitcoin, remains stagnant and represents a hibernation stage. Investors remain calm to find the next bull run despite the rising heat and discussions on Bitcoin ETF. With a sideways trend for the past month, except for a few sharp moves, Bitcoin price action forms a consolidation range. Between $29,000 …
Sohrab Khawas·14 Aug 20231 min
XRP Price Analysis: Strong At 50-day EMA, XRP Finds Footing To Restart The Bull Run!
As the hype around the SEC case fades, the cooldown in the XRP price rally turns into a correction phase. The Fibonacci level displays a correction of more than 50% of the bullish candle formed, with a 73% jump on the day of the ruling. Maintaining a sideways trend with the support of the 50-day …
Sohrab Khawas·14 Aug 20231 min
Top Altcoins to Watch This Week: Chainlink, Dogecoin, and Shiba Inu
The crypto market stayed relatively stable over the weekend, with some changes among the top digital assets. Recent data suggests that a number of new Bitcoin whales – those who hold at least 1,000 Bitcoin each – have joined the network in the past two weeks. This influx of new investors helped Bitcoin maintain its …
Sohrab Khawas·14 Aug 20232 min