Bitcoin Price Recovery Bid Emerges, Resistance Still Looms Large
Bitcoin price started a downside extension below $92,000. BTC is now recovering from $89,220 and might face barriers for a fresh increase near $92,000. Bitcoin started a recovery wave above $90,000 and $90,500. The price is trading above $91,000 and the 100 hourly Simple moving average. There was a break above a bearish trend line…
Ethereum Price Builds Momentum, But Follow-Through Is the Real Test
Ethereum price failed to clear the $3,200 resistance and dipped. ETH is now attempting to recover and faces an uphill task near the $3,180 level. Ethereum started a downside correction below $3,200 and $3,180. The price is trading above $3,100 and the 100-hourly Simple Moving Average. There was a break above a contracting triangle with…
XRP Price Approaches Resistance, Setting Up a Make-or-Break Moment
XRP price extended losses and traded below $2.10. The price is now attempting to start a fresh increase and faces hurdles near the $2.10 level. XRP price started a fresh decline below the $2.120 zone. The price is now trading below $2.120 and the 100-hourly Simple Moving Average. There is a key bearish trend line…
Solana (SOL) Accelerates Higher, All Eyes on a Key Upside Level
Solana started a fresh increase above the $140 zone. SOL price is now consolidating above $140 and might aim for more gains above the $145 zone. SOL price started a fresh upward move above the $140 and $142 levels against the US Dollar. The price is now trading above $140 and the 100-hourly simple moving…
Bitcoin’s Next Peak Might Ignite ADA’s Rally, Says Cardano Creator
Cardano rallied this month after a clear rebound from a low zone around $0.33–$0.35. Prices jumped more than 10% on January 2, and ADA is up 20% year-to-date. Reports have disclosed that whale activity spiked on that day across both spot and futures markets, according to recent data. Governance on January 8 approved a 70…
Bitcoin Top Is Not In At $126,000, According To The Business Cycle, Here’s Why
Crypto expert Plan C has alluded to the business cycle to explain why the Bitcoin top isn’t in despite the flagship crypto’s run to $126,000 last year. This comes as BTC struggles to hold above the psychological $90,000 level, having lost most of its gains from the start of the year. Why The Bitcoin Top…
Bitcoin Maintains Mid-$90k Levels: Possible Price Targets — Analyst
Bitcoin is presently trading around the $90,000 price mark after a recent failure to break past $94,000 price barrier. Notably, the move suggests hesitation from buyers near recent highs, but not yet a confirmed breakdown of positive price momentum. According to the popular market analyst with X username KillaXBT, Bitcoin is at a critical junction…
Bitcoin Price Hits Crash Line, But This Time Is Not Random
According to a new technical analysis, the Bitcoin price has returned to its “Crash Line,” fueling talk of a possible bullish turnaround. The expert behind this analysis has suggested that this is not a random event, but a deliberate move that could signal the beginning of Bitcoin’s next upward move. Bitcoin Price Revisits Familiar Crash…
Bitcoin Tests $90,000 Support As Netflows Turn Positive — Details
After encountering significant resistance around the $94,000 local high, Bitcoin has retraced to a psychological and technical key support at $90,000. Interestingly, this price correction coincides with a significant change in on-chain dynamics. Here are the details. Exchanges Record Netflow Shift In a QuickTake post on CryptoQuant, pseudonymous market analyst The Enigma Trader explains that…
Analyst Sets $105K As Next Bitcoin Price Target — Here’s The Timeline
After a fairly optimistic start to the new year, the Bitcoin price might finally be ready to take off, as revealed by a market analyst. The pundit believes that the flagship cryptocurrency can reclaim its six-figure valuation over the next few weeks, particularly as a key technical indicator has turned bullish. Why BTC Price Could…