Bitcoin Price Breakdown Risk Grows As Bears Aim For $85K
Bitcoin price extended losses and traded below $88,500. BTC is consolidating losses and might attempt a recovery wave if it clears $88,500. Bitcoin started a minor recovery wave from the $86,000 level. The price is trading below $88,200 and the 100 hourly Simple moving average. There is a new bearish trend line forming with resistance…
Ethereum Price Sinks To $2,800, Raising Fresh Downside Fears
Ethereum price extended losses and traded below the $2,865 zone. ETH is now consolidating losses and might aim for a recovery if it clears $2,920. Ethereum remained in a bearish zone and traded below $2,950. The price is trading below $2,900 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with…
XRP Price Bearish Continuation Confirmed As Downside Pressure Builds
XRP price extended losses and traded below $1.880. The price is now consolidating and might decline further if it remains below $1.920. XRP price started a fresh decline below the $1.90 zone. The price is now trading below $1.90 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance…
Solana (SOL) Slips Further As Bears Target Deeper Support Zones
Solana failed to settle above $132 and extended losses. SOL price is now consolidating losses below $130 and might struggle to start a recovery wave. SOL price started a fresh decline below $132 and $130 against the US Dollar. The price is now trading below $130 and the 100-hourly simple moving average. There is a…
Bitcoin Price Still Has Room To Fall Below $60K — Crypto CEO
The Bitcoin price had a relatively rough trading period over the past week, as it hovered around the psychological $90,000 mark. The flagship cryptocurrency, which looked set for a return to six-figure valuation barely over a week ago, now seems to have lost all its bullish momentum. Broadly speaking, these recent struggles put to rest…
Chainlink (LINK) Stuck In A Box: What The Current Price Channel Means For Traders
Chainlink’s native token, LINK, continues to trade within a clearly defined price channel, reflecting a period of consolidation as the broader crypto market is yet to establish a clear market direction. Meanwhile, renowned analyst Ali Martinez provides some key insights on the LINK market, highlighting the potential price targets for the next breakout. Chainlink In…
Bitcoin Metric Suggests Miners Are In Recovery Mode — Price To Follow?
Over the past week, the price of Bitcoin faced a significant setback in its goal of reclaiming the six-figure threshold. The flagship cryptocurrency has been hovering around the $90,000 mark, as the market can’t seem to make a decision concerning the next price direction. As Bitcoin faced a mild sell-off, which, in turn, drove its…
Aave Price Structure Hinges On Crucial $145 Level — Here’s How
As the crypto market suffered a widespread decline, Aave (AAVE) prices dipped by nearly 10%, reaching a local bottom around $153. Presently, the altcoin is trading within a range of $155-$160, but an emerging chart pattern indicates an impending price breakout. AAVE Falling Wedge Nears Explosion Point, $145 As Key Price Floor In an X…
Gold Becomes The Whale Safe Haven As Bitcoin Takes A Back Seat
A large investor shifted funds into tokenized gold this week, and Bitcoin felt the impact. Prices dipped while a whale quietly bought millions in XAUT, a gold-backed token, signaling a short-term move toward traditional hedges. Whales Move Into Tokenized Gold According to on-chain trackers, one address moved $1.53 million in USDC into Hyperliquid to buy…
XRP To $11, And Then $70: The Next Impulse Wave To Watch Out For
Crypto analyst CryptoBull has highlighted targets that XRP could reach as it eyes double digits. The analyst is confident the altcoin could reach these targets, noting that current price action is mirroring the previous bull run. XRP Eyes Rally To $11 And Then $70 In an X post, Crypto Bull stated that the next impulse…