Ethereum Price Turns Red: Is This a Temporary Dip?
Ethereum price started a fresh decline below the $2,550 support. ETH is struggling and might recover if it clears the $2,500 resistance zone. Ethereum started a fresh decline from the $2,650 resistance zone. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line…
XRP Price Resilient Above $0.50 While Markets Turn Red
XRP price is holding the $0.500 support zone. The price is beating Bitcoin and might aim for a move above the $0.5120 resistance. XRP price is eyeing a decent increase above the $0.5120 zone. The price is now trading below $0.5100 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish…
Dogecoin (DOGE) Poised for a Move: Will It Start a Fresh Increase?
Dogecoin started a downside correction from the $0.180 zone against the US Dollar. DOGE tested $0.1420 and is currently recovering losses. DOGE price started a fresh decline from the $0.180 resistance level. The price is trading below the $0.1650 level and the 100-hourly simple moving average. There is a key bearish trend line forming with…
Bitcoin ETFs Crucial To Sustain Current Buying Pressure – Details
The price of Bitcoin recorded significant leaps in the past month rising by 14.74% according to data from CoinMarketCap. During this price rally, the premier cryptocurrency came close to establishing a new market all-time high, reaching a local peak of $73,149 on October 29. Interestingly, CryptoQuant CEO Ki Young Ju has stated a certain condition…
Solana Headed For Correction Before Bounce – Analyst Sets $180 Target
Solana (SOL) is trading around a crucial demand level at $165, following a pullback from recent highs of $183. This level is pivotal for SOL, as losing it could trigger a deeper correction, putting the altcoin at risk of further downside. However, prominent analyst Carl Runefelt has shared technical analysis indicating that Solana may be…
Analyst Reveals Why Bitcoin Price Crashed From $73,000 To $69,000
November began with an unexpected downturn in the crypto market as Bitcoin, which had gone on a bull run in the last week of October, rapidly lost its momentum. The highly anticipated “Moonvember” kicked off with an unexpected crash, plummeting from $73,000 on October 31 to $69,000 on November 1 to essentially wipe out $296…
FLOKI Faces Downside Risks: $0.000110 Support Level Under Scrutiny
FLOKI is navigating a critical moment as technical indicators flash bearish signals, raising concerns over its ability to maintain support at $0.000110. With downward momentum building and sellers gaining strength, this support level has become a focal point for traders watching for signs of stability or further decline. As the market turns cautious, the strength…
Bitcoin Flashes Buy Signal After Price Closed 2nd Green Month Candle In A Row
The Bitcoin price enjoyed its second consecutive green candle in October after closing the month with a 10% price gain. Crypto analyst TradingShot revealed why this development was a positive going forward and is a good buy signal for those looking to invest in the flagship crypto. Bitcoin Triggers Buy Signal After Price Hit Second…
Market Shockwave Ahead? Ethereum Could Crash Over 60%, Analyst Says
Like most digital assets, Ethereum witnessed a correction this week by losing over 5% in the last 24 hours while trading just above $2,500. While the increased on-chain activity could eventually make the bulls bet for the bounce back of Ether, a few experts differ with this perspective. Crypto veteran analyst Peter Brandt predicts further…
Dogecoin Price Could Climb To $0.209 — Here’s The Level To Watch
The crypto market saw one of its most positive weeks in the last seven days, and Dogecoin was one of the major beneficiaries of this momentum shift. According to a popular crypto pundit, the meme coin appears not to be done yet, as it readies itself for another move to the upside. Here’s Why $0.169…