Bitcoin At $103,000 Relatively Cool Per This Indicator, Quant Says
A quant has pointed out how the Mayer Multiple could suggest Bitcoin is still not overheated at $103,000 when compared to past trend. Bitcoin Mayer Multiple Z-Score Is Still Under Its Mean In a Mayer Multiple” here refers to an indicator that keeps track of the ratio between the BTC spot price and its 200-day…
Ethereum Price Flashes Bullish Signal, But Can It Power Through Obstacles?
Ethereum price found support at $2,320 and started a fresh increase. ETH is now rising and might aim for a move above the $2,650 resistance zone. Ethereum started a decent increase above the $2,450 and $2,500 levels. The price is trading above $2,500 and the 100-hourly Simple Moving Average. There was a break above a…
Analyst Drops Dogecoin Bombshell: 174% Surge To $0.65 In Sight
Dogecoin’s price took a hit this week after a strong run in recent weeks. It fell from $0.25 down to about $0.21. Traders saw a brief bounce above $0.23 around May 17–18, but that did not last. As of today, DOGE sits near $0.21, marking a 10% weekly drop. Investors are watching the bigger picture,…
XRP Price Eyes Gains, But Technicals Suggest Upsides May Be Limited
XRP price started a fresh decline below the $2.350 zone. The price is now recovering losses and might face hurdles near the $2.420 zone. XRP price started a fresh decline below the $2.450 zone. The price is now trading above $2.350 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming…
Bitcoin’s Fate May Be Sealed On June 9, Analyst Warns
Bitcoin spent the European trading hours changing hands near $103,000 after Sunday night’s failed attempt to clear $107,100. The pull-back has done little to dent the conviction of market technician Dr Cat (@DoctorCatX), who argues that the decisive battleground is still three weeks away: the weekly close of 9 June, when the Tenkan-sen is projected…
Best Altcoins to Buy Now as Contracting Supply Set to Push Bitcoin past $200K by the End of 2025
Bitcoin can soon cross the $200K mark due to rapidly contracting supply. Matt Hougan, the chief investment officer of Bitwise, said that the king cryptocurrency can hit the milestone by the end of 2025, considering demand and supply. Hougan’s rationale is that miners can only produce 165,000 $BTC this year. On the other hand, Strategy…
Bitcoin Must Close Above $107,000 To Confirm Breakout Or Risk Dropping To $98K
After a powerful rally earlier this month, Bitcoin’s price action has stalled just above $103,000 and has been caught in a tight consolidation range for over the past week. The daily chart shows consistent resistance just above $107,000, with the latest candles forming in a compressed horizontal band, indicating indecision and low momentum. This price…
Bitcoin Bulls Face Make-Or-Break Moment At $106,500 Resistance – Details
Popular digital asset analyst with X handle Crypto Patel has stated that Bitcoin is currently retesting a crucial price resistance at the $106,500 price region. Based on the asset’s performance at this level, BTC investors could expect a bullish price continuation or a significant price pullback. After a brief rise above $105,000 on May 12,…
Solana Price Holds $166 Support After Rejection From $183 – What Comes Next?
Solana (SOL) has struggled to maintain momentum after a rally that saw it peak around the $183 level on May 14. Since then, Solana’s price action on the 4-hour chart hasn’t given a clear direction, with the cryptocurrency pulling back to retest a key support zone near $166. At the time of writing, Solana is…
On-Chain Data Tips Bitcoin To Peak At $120,000 – But On This Condition
Bitcoin prices have registered impressive gains in recent weeks amidst an ongoing price rebound. Since dipping below the $75,000 mark in mid-April, the asset’s price has jumped by over 37.5% to trade as high as $105,490. While the BTC market appears to be cooling off, renowned crypto analyst Ali Martinez has tipped the premier cryptocurrency…