XRP Bulls on Edge—Could the Downtrend Continue?
XRP price started a fresh decline below the $2.650 resistance. The price is now consolidating losses and might face resistance near the $2.550 zone. XRP price started a fresh decline below the $2.650 zone. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with…
$1 Billion Liquidated in 24 Hours as Bitcoin Drops Below $83,000
The cryptocurrency market has experienced a sharp downturn, with Bitcoin’s price dropping below $83,000. This decline has led to a wave of liquidations totaling $1 billion over the past 24 hours, as leveraged traders faced significant losses amid the market correction. According to Coinglass, a total of 305,170 traders were liquidated during this period, reflecting…
Dogecoin (DOGE) Attempts Rebound—Will Recovery Gain Momentum?
Dogecoin started a fresh decline below the $0.2150 zone against the US Dollar. DOGE tested $0.1820 and is now consolidating below the $0.2150 resistance. DOGE price started a fresh decline below the $0.2150 and $0.2100 levels. The price is trading below the $0.2100 level and the 100-hourly simple moving average. There was a break above…
Crypto Liquidations Near $1 Billion As Bitcoin & Altcoins Bounce Back
Data shows the cryptocurrency market has witnessed massive liquidations during the past day following the recovery Bitcoin and the altcoins have made. Bitcoin & Altcoins Have Jumped Back Following Trump’s Announcement Bitcoin and the rest of the cryptocurrency sector ended February on a very bearish note, as the market went through a deep drawdown that…
Legendary Analyst Peter Brandt Lists 6 Reasons Bitcoin Has Flipped Bullish
After a week of notable crashes, Bitcoin has again seen life breathed into its price trajectory and has reclaimed its mark above $90,000. The major primer for the return of bullish momentum was the announcement of a US crypto strategic reserve by President Donald Trump over the weekend, which could be the beginning of an…
Bitcoin’s Exchange Flows Indicate Changing Investor Behavior—What’s Next?
Bitcoin’s price has recently experienced notable volatility, driven by significant market developments and investor activity. Following an initial decline in recent days, BTC surged above $94,000 on Sunday. This increase was fueled by reports of an upcoming US strategic crypto reserve that includes BTC and other major digital assets. However, as of today, BTC is trading…
Will Bitcoin Rise Or Fall Again? QCP Questions Trump-Fueled Rally
Bitcoin surged past $95,000 during low-liquidity trading hours on Sunday after US President Donald Trump made a major announcement. The formation of a US Crypto Strategic Reserve, including Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA), set the market ablaze with speculation. Many traders viewed this as a defining moment, one that could…
Bitcoin Price Retreats—Key Support Levels in Focus After Reversal
Bitcoin price started a fresh decline from the $95,000 resistance zone. BTC is back below $90,000 and might continue to move down. Bitcoin started a fresh decline from the $95,000 resistance zone. The price is trading below $92,000 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line…
Ethereum Price Crashes to $2,000—Is More Downside Ahead?
Ethereum price started a fresh decline from the $2,550 zone. ETH is now back below $2,200 and might decline further in the near term. Ethereum started a fresh decline below the $2,350 support zone. The price is trading below $2,250 and the 100-hourly Simple Moving Average. There is a new bearish trend line forming with…
XRP Price Can Fall Further To $1.5 If This Level Fails To Hold
Despite recovering from bearish lows following its recent uptick, a crypto analyst has predicted that the XRP price could undergo a further decline in its price to $1.5. The analyst has pinpointed a critical resistance level that XRP will need to hold lest it crashes to new lows and eradicates recent gains. Analyst Predicts XRP…