Monero ‘falling wedge’ breakout positions XMR price for 75% rally

Monero (XMR) price dropped by nearly 10% three days after establishing a week-to-date high around $290 on April 24. Nonetheless, several technical indicators suggest that the XMR/USD pair is poised to resume its uptrend over the next few months. Falling wedge breakout underway Notably, XMR’s price broke out of its “falling wedge” structure in late […]

Falling Wedge Breakout Propels Bitcoin Price Above Key Resistance at $9.2K

Within the past few hours Bitcoin (BTC) price managed to press through the $9,200 resistance level to $9,281. While the 2.58% gain may not be much to talk about, the move above the key resistance level is a step forward and the initial move to $9,180 closed the CME gap from last weekend. Crypto market […]

‘Perfect Wedge’ Makes $1M Bitcoin More Likely Than Ever — Raoul Pal

The chances that Bitcoin (BTC) will hit $40,000 and even $1 million have “risen dramatically” after the top cryptocurrency hit $10,000. That was the conclusion from Global Macro Investor CEO, Raoul Pal, who on May 8 released fresh charts which he argued present an easy case for a “vastly higher” Bitcoin price. Pal: BTC price […]