Bitcoin Price Sharp Pullback Raises One Question: Will $92K Hold?
Bitcoin price started a fresh decline below $95,000. BTC is consolidating losses and remains at risk of more losses if it dips below $92,000. Bitcoin started a sharp decline below $95,000 and $94,000. The price is trading below $93,500 and the 100 hourly Simple moving average. There was a break below a declining channel with…
Ethereum Price Falls Back to $3,200, Recovery Faces Its First Real Test
Ethereum price started a fresh decline from the $3,400 resistance. ETH is now consolidating losses and holding the key support at $3,200. Ethereum started a sharp downside correction below $3,320. The price is trading below $3,250 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $3,220…
XRP Price Stabilizes After Flash Crash, Market Watches Closely
XRP price extended losses and traded dived $2.00. The price is now consolidating and might decline further if it remains below $2.00. XRP price started a fresh decline below the $2.00 zone. The price is now trading below $2.00 and the 100-hourly Simple Moving Average. There was a break below a contracting triangle with support…
Dogecoin (DOGE) Red Prints Return, Resistance Could Cap Any Recovery
Dogecoin started a fresh decline below the $0.1320 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.1350. DOGE price started a fresh decline below the $0.1250 level. The price is trading below the $0.130 level and the 100-hourly simple moving average. There is a connecting bearish trend line…
Dogecoin RSI Just Entered Historical Oversold Levels Again, Will It Repeat 2021?
The Dogecoin Relative Strength Index (RSI) is said to have entered historical oversold levels. This has raised the possibility that the foremost meme coin could repeat its parabolic rally in the 2021 bull cycle. Dogecoin Eyes Parabolic Rally As RSI Enters Oversold Levels Crypto analyst Cryptollica has indicated that the Dogecoin price could record another…
Are XRP ETFs About To Act Like Banks? Expert Thinks So
US Senate debate over a bill called the Clarity Act has reignited discussion about XRP and other crypto products, and how they might be treated under US rules. Reports have disclosed that the bill could give clearer status to tokens that back US-listed ETFs, moving them closer to commodity-style treatment. XRP spot ETFs have also…
Bitcoin Net Taker Volume Finally Flips Positive — Why This Shift Matters
The price of Bitcoin began the new week on an exciting move to the upside. The premier cryptocurrency recorded a price ascent of about 9%, reaching a high of over $97,000 and falling just short of its past six-figure valuation. Interestingly, a recent on-chain revelation shows that an underlying change was simultaneously taking place as the…
Saylor Defends Bitcoin Treasury Firms Amid Rising Criticism
Strategy chairman Michael Saylor pushed back on critics who say companies that hold Bitcoin are reckless. He told a podcast that buying Bitcoin should be seen as a choice about where to put cash, not as a moral failing. He said firms face few good options for idle money, and that Bitcoin is one of…
AVAX Pushes Toward $18 As Key Resistance Looms: Analyst
AVAX, the native token of the Avalanche protocol, is ready for a potential price breakout following another week of significant mixed price action. In line with the widespread crypto market uplift, the altcoin had initially surged as high as $14.85 before retracing below the $13.50 price. According to analyst Ali Martinez, AVAX now lies at…
Bitcoin Holds Key Support As Weekend Liquidity Sets In — $98,200 And $107,500 In Focus
Bitcoin remains anchored above key support as weekend trading unfolds, keeping $98,200 and $107,500 in focus. Market participants are watching closely to see if the uptrend can continue or if the weekend liquidity will trigger a test of lower levels. The next few sessions could define BTC’s short-term trajectory. Key Support Holds: $94,630 Remains Crucial…