Dogecoin To $2 Could Be Next If DOGE Holds This Level: Analyst
An analyst has explained how Dogecoin could observe a significant rally next if its price can hold the bottom level of this pattern. Dogecoin Is Currently Testing The Lower Bound Of An Ascending Channel In a new Ascending Channel” from technical analysis (TA), which is a type of Parallel Channel. A Parallel Channel is a…
Bitcoin Slips Under 200-Day Moving Average – Will The Downtrend Continue?
Bitcoin (BTC) has dropped 11.3% over the past week, currently trading in the low $80,000 range at the time of writing. The recent decline has pushed the leading cryptocurrency below the 200-day moving average (MA), raising concerns about a potential deeper pullback. Bitcoin Must Defend This Key Price Level According to an X post by…
Bitcoin’s Downtrend Continues, But Analyst Predicts $180K Target—Is It Possible?
Bitcoin has continued its downward trend despite briefly surging to $94,000 last week, a move that had initially fueled investor optimism. Since hitting that level, the cryptocurrency has steadily declined, now trading below $80,000 as of today. While the short-term price action suggests a bearish outlook, some analysts remain confident about Bitcoin’s potential for long-term…
Analyst Says Only Buy XRP If It Reaches This Level
XRP has been caught in the broader market downturn over the past week, shedding 19% of its value amid a wave of bearish sentiment. This downturn comes despite the fact that many analysts remain optimistic about its long-term prospects. One particular technical analyst has now weighed in on when it would be wise to buy…
Bitcoin Price Cracks $80K Support—Is a Deeper Correction Coming?
Bitcoin price started a fresh decline from the $90,000 zone. BTC is back below $82,500 and might continue to move down below $78,000. Bitcoin started a fresh decline below the $82,000 zone. The price is trading below $80,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance…
Ethereum Price Turns Bearish Below $2,000—More Losses Ahead?
Ethereum price failed to clear the $2,120 resistance and trimmed gains. ETH is now consolidating and facing hurdles near the $2,000 resistance. Ethereum started a fresh decline below the key support at $2,000. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There is a short-term declining channel forming with resistance at…
Michael Saylor’s Strategy Unveils $21 Billion Stock Issuance For Bitcoin Investment
Michael Saylor, co-founder and chairman of Strategy (formerly Microstrategy), is intensifying efforts to acquire Bitcoin (BTC) by tapping into capital markets, announcing plans to issue up to $21 billion in preferred stock. Strategy Plans Major Sale Of Preferred Shares According to Bloomberg, the new offering will consist of 8% series A perpetual-strike preferred shares, which…
XRP Price Eyes Upside—Stronger Recovery Odds Compared to BTC
XRP price started a fresh recovery wave from the $1.90 zone. The price is now consolidating and might struggle to clear the $2.10 resistance zone. XRP price started a fresh decline from the $2.250 resistance zone. The price is now trading below $2.20 and the 100-hourly Simple Moving Average. There is a connecting bearish trend…
Bitcoin Slips Below $80,000—Here’s What Could Happen Next
Bitcoin’s price has continued its downward trend, struggling to regain momentum after reaching its all-time high of $109,000 in January. Over the past week, Bitcoin has declined by 14.6%, with its price dropping an additional 4.4% in the last 24 hours. As of today, Bitcoin is trading at $79,766, pushing it nearly 27% below its…
Dogecoin (DOGE) Under Pressure—Continues Sliding Into Bear Territory
Dogecoin started a fresh decline below the $0.1850 zone against the US Dollar. DOGE tested $0.1450 and is now consolidating below the $0.1650 resistance. DOGE price started a fresh decline below the $0.2000 and $0.1850 levels. The price is trading below the $0.1750 level and the 100-hourly simple moving average. There is a connecting bearish…