XRP Price Surge Cools Off: Is the Uptrend Still Intact?
XRP price started a strong increase above the $2.850 zone. The price is now correcting gains and showing positive signs above $3.00. XRP price started a downside correction from the $3.220 zone. The price is now trading above $3.00 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line…
Bitcoin Holds Steady Amid NASDAQ Decline, Analyst Calls It ‘Extremely Bullish’
Yesterday, the NASDAQ slid 3% as China’s low-cost AI model, DeepSeek, sent shockwaves through the tech industry, triggering a steep sell-off in US chipmakers. While Bitcoin (BTC) also dipped to a low of $97,777, the flagship cryptocurrency has since recovered most of its losses, trading above the key $100,000 price level. Bitcoin Holding Strong Despite…
Solana (SOL) at Risk: Could More Losses Be on The Horizon?
Solana started a fresh decline below the $250 support. SOL price is consolidating and might face resistance near the $235 and $242 levels. SOL price started a fresh decline below the $250 and $240 levels against the US Dollar. The price is now trading below $240 and the 100-hourly simple moving average. There is a…
Solana Plunges 12%, But This Pattern Could Mean Decline Isn’t Over Yet
Solana has seen a price drawdown of around 12% during the past day, but if this pattern is to go by, there could be more decline on the way. Solana Has Seen A Crash Over The Last 24 Hours The cryptocurrency sector as a whole has plummeted during the past day, with Solana not being…
Bitcoin Price Reclaims $101,000: Key Levels to Watch Moving Forward
Bitcoin has seen a modest recovery after dipping below the $100,000 mark earlier today. At the time of writing, BTC is trading just above $101,000, following a 3.7% decline in the last 24 hours. This recent movement appears to have not only instilled hope in investors but has also caught the attention of analysts now…
Bitcoin Price Bounce Back Might Be Short-Lived: Here’s Why
Bitcoin price extended losses and tested the $97,650 zone. BTC is now correcting losses and might face hurdles near the $103,000 level. Bitcoin started a downside correction below the $103,000 zone. The price is trading below $103,200 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at…
DeepSeek’s AI Breakthrough Triggers Fears In Tech Sector, Impacting Bitcoin Prices
As January draws to a close, the cryptocurrency market has experienced a significant downturn, with Bitcoin (BTC) and other digital assets suffering losses attributed to a broader sell-off in the technology sector. Bitcoin’s price fell 3% to $101,400, with earlier lows reaching $97,750. The CoinDesk 20 index, which tracks a weighted average of various cryptocurrencies,…
Ethereum Price Struggles Ahead: Key Hurdles Blocking Its Path?
Ethereum price struggled to continue higher above $3,350 and dipped. ETH is now correcting losses and might face resistance near the $3,220 zone. Ethereum started a fresh decline below the $3,220 resistance zone. The price is trading below $3,200 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance…
Ethereum Price Forms Flag And Pole Pattern For Possible Breakout, New Targets Emerge
Crypto analyst Kartik has revealed a technical pattern that has formed for the Ethereum price, indicating a possible breakout may be on the horizon. The analyst further revealed the new targets that have emerged for ETH due to the bullish pattern. Ethereum Price Forms Flag And Pole Pattern In a this pattern has formed while…
XRP Price Dips Before Surging: Bulls Take Charge In A Dramatic Rebound
XRP price declined sharply and tested the $2.650 support zone. The price is now correcting gains and showing positive signs above $3.00. XRP price started a fresh decline below the $3.00 zone. The price is now trading below $3.120 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line…