Ethereum Recent Gains in Danger – Could We See Another Drop?
Ethereum price started a fresh decline below the $4,650 zone. ETH is now showing bearish signs and might gain bearish momentum if it drops below $4,340. Ethereum is still struggling to settle above the $4,500 zone. The price is trading below $4,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line…
XRP Price Declines Further – Is a Bigger Crash on the Horizon?
XRP price is struggling to recover above the $3.00 resistance zone. The price is now declining and might extend losses if it drops below $2.70. XRP price is correcting gains below the $3.00 resistance. The price is now trading below $2.850 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming…
Ethereum Leads Market While Altcoins Lose Ground – Details
Ethereum is trading at a critical level after several days of selling pressure and mounting speculation, with bulls struggling to maintain momentum as Bitcoin and the broader crypto market turn bearish. Price action has shifted into a cautious phase, and ETH now faces the challenge of defending key demand zones that could determine the weeks…
Bitcoin 8% Below CME Gap Ahead Of Monthly Close — Will History Repeat?
The Bitcoin market is presently consolidating around $108,000 following a rather turbulent trading weekend, which pushes the leading cryptocurrency about 14% away from its present all-time high of around $124,457. Notably, investors’ sentiments appear mainly neutral amidst this extensive correction as many await any bullish signal for a potential recovery. Meanwhile, popular crypto analyst with…
This Dogecoin Squeeze Could Kickstart The Next Bull Run
Crypto analyst Unichartz has highlighted a Dogecoin squeeze that could spark the next massive move to the upside for the meme coin. This comes amid a broader crypto market crash, which has also led to a decline for the foremost meme coin. Dogecoin Showing A Promising Structure In a TradingView post, Unichartz declared that a…
Analyst Forecasts Bitcoin Price Will Break This Support Level, Can $100,000 Hold?
The Bitcoin price is once again under heavy pressure in the market. An analyst support area, where buyers are trying to hold the line. According to the analyst, if the level fails, the price could drop even lower, raising doubts about whether the key levels will remain safe. Analyst Says Bitcoin Price Turned Bearish After…
XRP Price Could See Boost As Japanese Gaming Giant Commits 2.5-B Yen Investment
Japan’s Gumi Inc., known in the gaming sector, is moving deeper into crypto by planning a major purchase of XRP. The company said it will acquire 2.5 billion yen, or close to $17 million, worth of the token as part of its blockchain push. Accumulation Over Several Months According to a press release, the acquisition…
Analyst Says Bitcoin Price Is Heading To $256K — Here’s When
The Bitcoin price never really caught a break over the past week, falling below the $110,000 mark by Tuesday, August 26. While it looked set to make a strong comeback, jumping back above $113,000 on Thursday, the flagship cryptocurrency is now struggling around a new multi-week low of around $107,500. This recent price decline has…
Analyst Says XRP Price Is Yet To Hit Its First Bearish Target – Details
XRP has been facing a stretch of weakness in recent days, struggling to hold above the $3.00 mark and instead pushing downwards below it. Price action on the 4-hour chart shows the token moving within a downward structure, and it broke below $2.9 in the past 24 hours. It is within this context that crypto…
Crypto Tumbles Hard: Google Search Trends Call Last Local Market Top
The crypto market succumbed to a significant amount of bearish pressure starting on Thursday, August 28, with most large-cap assets tumbling to new lows on Friday, August 29. The price of Bitcoin, the world’s largest cryptocurrency by market capitalization, fell to a new low of $107,850 at the start of the weekend. Unsurprisingly, the latest…