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plays – Cryptocurrencypanther https://cryptocurrencypanther.com Latest Crypto News Fri, 03 Apr 2026 17:33:56 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://cryptocurrencypanther.com/wp-content/uploads/2021/07/cropped-Cryptocurrency-e1626714913653-32x32.png plays – Cryptocurrencypanther https://cryptocurrencypanther.com 32 32 Ethereum Drops Nearly 5% As Familiar Leverage Setup Plays Out https://cryptocurrencypanther.com/2026/04/03/ethereum-drops-nearly-5-as-familiar-leverage-setup-plays-out/ https://cryptocurrencypanther.com/2026/04/03/ethereum-drops-nearly-5-as-familiar-leverage-setup-plays-out/#respond Fri, 03 Apr 2026 17:33:56 +0000 https://cryptocurrencypanther.com/2026/04/03/ethereum-drops-nearly-5-as-familiar-leverage-setup-plays-out/

Data shows the Ethereum Open Interest observed a sharp jump before the cryptocurrency’s price saw a decline of almost 5% over the past day.

Ethereum Has Seen Bearish Price Action Over The Last 24 Hours

This week saw some recovery for Ethereum and the wider digital asset sector during its first three days, but Thursday has brought with it a shift as the market as a whole has retraced.

Ethereum had managed to recover above $2,150, but following this decline, its price is back near $2,000.

Bitcoin Price Chart

In terms of the 24-hour percentage change, the ETH price has seen returns of nearly -5%, worse than Bitcoin’s 3% drop, but better than the losses that some of the altcoins have witnessed.

Derivatives markets data may have already foreshadowed this volatility.

ETH Open Interest Surged On Wednesday

As highlighted by CryptoQuant community analyst Maartunn in an X post yesterday, Ethereum saw a sharp surge in its Open Interest alongside the recovery rally. The “Open Interest” here refers to an indicator that measures the total amount of derivatives market positions related to ETH that are currently open on all centralized exchanges.

When the value of the indicator rises, it means investors are opening up fresh positions related to the cryptocurrency. Generally, the total leverage in the market goes up when new positions appear, so an increase in the Open Interest can lead to more volatility for the asset’s price.

On the other hand, the metric going down implies investors are either closing positions of their own volition or getting forcibly liquidated by their platform. In either case, the market can become more stable due to the leverage washout.

Below is the chart for the 24-hour change in the Ethereum Open Interest that Maartunn had shared on Wednesday.

Ethereum Open Interest

As displayed in the graph, the Ethereum Open Interest rose by 7.1% as the price surge occurred, implying that new positions appeared to ride the wave. In the chart, the analyst also highlighted past instances of the metric going up sharply. It would appear that many of these coincided with local tops in the asset. “This setup plays out ~75% of the time,” noted Maartunn.

Given this pattern, it may not be surprising that Ethereum opened Thursday with a price plunge. The drawdown has meant that the investors who jumped in to bet on a further bullish outcome have been flushed out. In total, ETH has seen liquidations of more than $94 million over the past day, according to data from CoinGlass.

Ethereum Liquidations

From the heatmap, it’s apparent that Ethereum’s liquidations have been the largest in the cryptocurrency sector, with Bitcoin ranking second this time around with $83.8 million in contracts involved.



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4 Next Big Crypto Plays To Watch Now: BlockDAG, Dogecoin, Shiba Inu, & Pepe – BlockchainReporter https://cryptocurrencypanther.com/2026/02/27/4-next-big-crypto-plays-to-watch-now-blockdag-dogecoin-shiba-inu-pepe-blockchainreporter/ https://cryptocurrencypanther.com/2026/02/27/4-next-big-crypto-plays-to-watch-now-blockdag-dogecoin-shiba-inu-pepe-blockchainreporter/#respond Fri, 27 Feb 2026 09:02:46 +0000 https://cryptocurrencypanther.com/2026/02/27/4-next-big-crypto-plays-to-watch-now-blockdag-dogecoin-shiba-inu-pepe-blockchainreporter/

4 Next Big Crypto Plays To Watch Now: BlockDAG, Dogecoin, Shiba Inu, & Pepe  BlockchainReporter



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Here’s The Level To Keep An Eye On If The Ethereum Triangle Breakdown Plays Out https://cryptocurrencypanther.com/2026/02/23/heres-the-level-to-keep-an-eye-on-if-the-ethereum-triangle-breakdown-plays-out/ https://cryptocurrencypanther.com/2026/02/23/heres-the-level-to-keep-an-eye-on-if-the-ethereum-triangle-breakdown-plays-out/#respond Mon, 23 Feb 2026 06:15:50 +0000 https://cryptocurrencypanther.com/2026/02/23/heres-the-level-to-keep-an-eye-on-if-the-ethereum-triangle-breakdown-plays-out/

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In the course of the last few months, the Ethereum price has seen a lot of decline, struggling alongside Bitcoin as investors rush to offload their coins. These sell-offs have come in anticipation of lower price levels, and with the price continuing to dip further, it seems the investors who sold earlier were right. Even now, analysts continue to predict that the market decline will continue, with the likes of Ethereum expected to suffer major retracement before a bottom is established.

Technical Patterns Show Where Ethereum Is Headed Next

In an analysis shared on the TradingView website, crypto analyst Melikatrader outlined that the Ethereum price could be seeing another major crash soon. So far, the digital asset has seen its price consolidation in what appears to be a large symmetrical triangle pattern. This comes while the price continues to chop below $2,000.

Mainly, most of the action has happened as the Ethereum price has struggled around the $1,977 level, which the analyst explains that the lack of upward momentum at this level could mean that bears have now officially taken full control of the altcoin’s price.

Taking the technical action into account, the crypto analyst explains that the Ethereum price is now nearing the apex of a triangle pattern. This comes after the price had been tightly packed between two major converging trend lines. At this point, the Ethereum price would need to make a major move to confirm the next direction.

Ethereum price
Source: TradingView

Nevertheless, the expected move for Ethereum at this level is expected to be bearish. Essentially, the crypto analyst tells traders to wait for a breakdown to follow and for the price to fall below the lower support line of the triangle. For context, this support line lies at $1,912, making it the level to beat for bears.

Once this level is triggered, though, then the next move is for the Ethereum price to fall further. Expectation remains that a break of the lower trendline would lead to a retest of the lower trendline that marks resistance. This trendline is at $1,781, making it the final target of the triangle breakdown. “Keep a close eye on the lower boundary. If that support snaps, we likely see a swift move toward the $1,780 level. Stay patient and wait for the confirmation,” the analyst said in closing.

Ethereum price chart from Tradingview.com
ETH price sees sharp fall to start the week | Source: ETHUSDT on Tradingview.com

Featured image from Dall.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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What Happens If This Historical Trend Plays Out Again https://cryptocurrencypanther.com/2026/01/26/what-happens-if-this-historical-trend-plays-out-again/ https://cryptocurrencypanther.com/2026/01/26/what-happens-if-this-historical-trend-plays-out-again/#respond Mon, 26 Jan 2026 22:00:46 +0000 https://cryptocurrencypanther.com/2026/01/26/what-happens-if-this-historical-trend-plays-out-again/

A crypto analyst has identified a recurring chart pattern centered on a 173-day cycle that previously preceded a major price expansion for XRP. Based on this pattern, the expert suggests that XRP may be approaching a similar price rally if the trend plays out as expected. 

XRP Historical Pattern Signals Powerful Upside Move

A crypto analyst who goes by ‘Bird’ on X has drawn attention to a recurring pattern on XRP’s daily chart. His analysis compares XRP’s current price formation with the pattern that preceded the 2025 breakout, highlighting a nearly identical time cycle and chart structure. 

Related Reading

On the left side of the chart, Bird noted that it took about 173 days for XRP to break after reaching its first major top in 2025. This period is clearly marked by vertical blue lines on the chart and shows price moving within a descending wedge pattern. Notably, each price rally was lower than the previous one, while support levels remained relatively stable. Trading volume during that phase also hovered around $1.8 billion, suggesting that the breakout developed under steady market participation rather than thin liquidity.  

XRP
Source: Chart from Bird on X

On the right side of the chart, which shows XRP’s price action in the current market cycle, Bird points to a similar pattern forming. Since the July 2025 peak, XRP has spent about 173 days moving sideways within a descending wedge. Compared to the past cycle, trading volume has been much lower, averaging around $1 billion. However, the pattern’s shape and timing closely match past trends.

Bird notes that XRP has not broken down despite months of severe downward pressure. Instead of falling below key support levels, the price has been squeezed into a tighter range within the same descending wedge pattern. It also held near the $1.94 level as it approached the tip of the wedge. The analyst stated that this move shows the market is not moving sideways at random but is entering a late-stage compression before a larger upward move. 

If historical trends hold, Bird has predicted that XRP could surge to between $4 and $4.5. With the cryptocurrency currently trading around $1.87, this would represent a surge of more than 113%. 

Analyst Predicts 2017 XRP Price Explosion In 2026

Despite XRP’s recent crash below $1.9, analysts still believe its price could recover and launch a strong rally. A recent analysis by market expert Steph is Crypto reflects this optimistic outlook. 

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In his post on X, Steph is Crypto predicted that XRP could be on the verge of a price explosion similar to the one in 2017. At the time, the cryptocurrency recorded a powerful rally, jumping from around $0.005 to more than $0.25. If this same trend repeats, the analyst forecasts a breakout from around $2 to above $22. 

XRP
XRP trading at $1.88 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Freepik, chart from Tradingview.com



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Best Crypto To Buy Now: Analysts Highlight Remittix, Cardano, and Chainlink as Strong Mid-Cycle Plays – Crypto Economy https://cryptocurrencypanther.com/2025/11/20/best-crypto-to-buy-now-analysts-highlight-remittix-cardano-and-chainlink-as-strong-mid-cycle-plays-crypto-economy/ https://cryptocurrencypanther.com/2025/11/20/best-crypto-to-buy-now-analysts-highlight-remittix-cardano-and-chainlink-as-strong-mid-cycle-plays-crypto-economy/#respond Thu, 20 Nov 2025 13:11:48 +0000 https://cryptocurrencypanther.com/2025/11/20/best-crypto-to-buy-now-analysts-highlight-remittix-cardano-and-chainlink-as-strong-mid-cycle-plays-crypto-economy/

Best Crypto To Buy Now: Analysts Highlight Remittix, Cardano, and Chainlink as Strong Mid-Cycle Plays  Crypto Economy



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Dogecoin Price Prediction: Experts See DOGE Lagging Behind, Highlight These Altcoins as Better Plays – TechFinancials https://cryptocurrencypanther.com/2025/11/01/dogecoin-price-prediction-experts-see-doge-lagging-behind-highlight-these-altcoins-as-better-plays-techfinancials/ https://cryptocurrencypanther.com/2025/11/01/dogecoin-price-prediction-experts-see-doge-lagging-behind-highlight-these-altcoins-as-better-plays-techfinancials/#respond Sat, 01 Nov 2025 04:47:49 +0000 https://cryptocurrencypanther.com/2025/11/01/dogecoin-price-prediction-experts-see-doge-lagging-behind-highlight-these-altcoins-as-better-plays-techfinancials/

Dogecoin Price Prediction: Experts See DOGE Lagging Behind, Highlight These Altcoins as Better Plays  TechFinancials



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Analyst’s Prediction Plays Out As Bitcoin Price Rebounds, Here’s The Full Forecast https://cryptocurrencypanther.com/2025/09/30/analysts-prediction-plays-out-as-bitcoin-price-rebounds-heres-the-full-forecast/ https://cryptocurrencypanther.com/2025/09/30/analysts-prediction-plays-out-as-bitcoin-price-rebounds-heres-the-full-forecast/#respond Tue, 30 Sep 2025 10:18:53 +0000 https://cryptocurrencypanther.com/2025/09/30/analysts-prediction-plays-out-as-bitcoin-price-rebounds-heres-the-full-forecast/

As the Bitcoin price has staged a rebound coming out of the weekend, the momentum has begun to skew bullish again, and expectations remain that the price will wax higher from here. Some predictions have placed the digital asset’s price lower. However, there are some who expect this to be the start of the next upward wave for Bitcoin. One of those is crypto analyst Arman Shabann, who shared an analysis of the Bitcoin price that seems to be playing out quite well.

Why The Bitcoin Price Is Headed For Higher Levels

In the analysis, Arman explained the current Bitcoin price trajectory as being bullish, especially with the formation of a clear ascending channel. The digital asset had been moving within this ascending channel, and this is seen in the recent upward push that the Bitcoin price went on.

Related Reading

So far, the cryptocurrency looks to be moving according to plan, after bouncing off support between $108,000 and $109,000. After this bounce, the analyst believes that the Dogecoin price has now entered what is known as a natural correction phase.

At this level, the Bitcoin price is still trending along the midline, and this is where the next move could be determined. Now, there is still the possibility that the price continues to trend down and retests the support area just above the $105,000 region, as shown in the chart.

Bitcoin price
Source: TradingView

However, in this case, the Bitcoin price would be preparing for another bounce if this level holds. Additionally, the analyst points out that this would be an ideal entry point if the price were to actually reach this level, given that it’s expected to actually rebound from this point.

Related Reading

For the bullish scenario, the Bitcoin price does need to hold the upper boundary of the channel to continue its uptrend. Once bulls take control, then the price is likely to continue upward, with the analyst predicting an over 30% move. Such a move would put the Bitcoin price as high as $156,000 before the rally is over.

On the other hand, the bears still have the opportunity to actually reclaim control of the digital asset from here. This lies in breaking below the support level and shifting the momentum back into the negative territory. If the support at $105,000 does break, then the next possible target is the dynamic support just above the $100,000 area.

Bitcoin price chart from TradingView.com
BTC price maintains tentative hold on $114,000 | Source: BTCUSD on TradingView.com

Featured image from Dall.E, chart from TradingView.com



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Analysts Believe Shiba Inu Will Struggle This Cycle And That BONK and RTX Are The Better Plays – Cryptopolitan https://cryptocurrencypanther.com/2025/09/13/analysts-believe-shiba-inu-will-struggle-this-cycle-and-that-bonk-and-rtx-are-the-better-plays-cryptopolitan/ https://cryptocurrencypanther.com/2025/09/13/analysts-believe-shiba-inu-will-struggle-this-cycle-and-that-bonk-and-rtx-are-the-better-plays-cryptopolitan/#respond Sat, 13 Sep 2025 02:04:45 +0000 https://cryptocurrencypanther.com/2025/09/13/analysts-believe-shiba-inu-will-struggle-this-cycle-and-that-bonk-and-rtx-are-the-better-plays-cryptopolitan/

Analysts Believe Shiba Inu Will Struggle This Cycle And That BONK and RTX Are The Better Plays  Cryptopolitan



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3 September Altcoin Plays: ETH Whale Accumulation, SOL’s $2.5 Billion Demand, and Cardano’s Mega Signal – TradingView https://cryptocurrencypanther.com/2025/09/09/3-september-altcoin-plays-eth-whale-accumulation-sols-2-5-billion-demand-and-cardanos-mega-signal-tradingview/ https://cryptocurrencypanther.com/2025/09/09/3-september-altcoin-plays-eth-whale-accumulation-sols-2-5-billion-demand-and-cardanos-mega-signal-tradingview/#respond Tue, 09 Sep 2025 04:57:00 +0000 https://cryptocurrencypanther.com/2025/09/09/3-september-altcoin-plays-eth-whale-accumulation-sols-2-5-billion-demand-and-cardanos-mega-signal-tradingview/

3 September Altcoin Plays: ETH Whale Accumulation, SOL’s $2.5 Billion Demand, and Cardano’s Mega Signal  TradingView



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Dogecoin Price Stuck at $0.21 as Volume Plays Dead – Bitcoinsensus https://cryptocurrencypanther.com/2025/09/06/dogecoin-price-stuck-at-0-21-as-volume-plays-dead-bitcoinsensus/ https://cryptocurrencypanther.com/2025/09/06/dogecoin-price-stuck-at-0-21-as-volume-plays-dead-bitcoinsensus/#respond Sat, 06 Sep 2025 03:36:53 +0000 https://cryptocurrencypanther.com/2025/09/06/dogecoin-price-stuck-at-0-21-as-volume-plays-dead-bitcoinsensus/

Dogecoin Price Stuck at $0.21 as Volume Plays Dead  Bitcoinsensus



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