Month: February 2025

Will It Smash Resistance and Climb?

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Bitcoin price is consolidating above the $96,200 support zone. BTC is showing a few positive signs and might attempt to rally above $99,000. Bitcoin started a decent recovery wave above the $95,000 level. The price is trading above $96,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $98,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it clears the $98,000 zone. Bitcoin Price Eyes Fresh Increase Bitcoin price failed…

Cardano Is Showing Signs Of A Potential Rebound As Key Indicator Flashes A Buy Signal – Analyst

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Este artículo también está disponible en español. Cardano has faced significant volatility and selling pressure as the broader crypto market struggles to establish strong support levels. Since early December, Cardano has dropped over 61%, with its price action reflecting a persistent downtrend that has shaken investor confidence. Despite several attempts, the price has yet to show clear signs of reversing the bearish momentum that has dominated its performance over the past months. Related Reading Currently, Cardano is trading at a critical level, one that must hold to spark a potential…

Trump backs Bitcoin, the next mega rally could belong to XYZ

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Trump’s Bitcoin endorsement fuels market excitement, with analysts suggesting XYZ could have the next mega rally. Bitcoin’s endorsement by influential figures is bringing cryptocurrencies back into the spotlight. Meanwhile, XYZ, a lesser-known altcoin, is quietly gaining traction. Experts position it for a leading role in the next big rally. XYZVerse: The meme coin ready to conquer XYZVerse is stepping into the ring as the next heavyweight contender in the…

Bitcoin Shows Signs of Recovery as Leverage Decreases and Outflows Rise

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Bitcoin is now experiencing a break from last week’s steady decline, which saw the asset drop as low as $94,000. As of today, BTC’s price has steadily climbed, hovering above $97,000 at the time of writing—a 1.3% gain in the past day. Amid this Bitcoin price performance, a CryptoQuant analyst known as Crypto Lion has identified a meaningful decline in leverage and open interest (OI) ratios since November 21, following the presidential election. What does this indicate for the Bitcoin market? Leverage Ratio Decrease And Its Implications In a recent…

PEPE Price Enters Oversold Levels On Daily Timeframe, Here’s What Happened The Last Two Times

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Este artículo también está disponible en español. The recent downturn that has swept across the entire crypto market has pushed meme coin PEPE into oversold territory, according to the Relative Strength Index indicator. Notably, this is only the third time PEPE has reached the oversold levels in its history, particularly on the daily candlestick timeframe.  Historical data shows that in the previous two instances, PEPE’s price movement followed a specific pattern, leading to a strong recovery after a period of consolidation. As such, the recent PEPE price crash might be…

Trump’s Tough Talk on Iran Sends Rial Tumbling to Record Lows

The Iranian currency plummeted to new lows against the U.S. dollar after President Donald Trump reinstated his “maximum pressure” policy against the Middle East country. Trump’s Rhetoric Impacts Markets The Iranian currency plummeted to new lows against the dollar after the U.S. President Donald Trump reinstated his “maximum pressure” policy against Iran. Some observers linked […] Source CryptoX Portal

Ethereum Holds Multi-Year Bullish Pattern – Expert Suggests The Next Move Will Be ‘The Real Deal’

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Este artículo también está disponible en español. Ethereum has been struggling below the $2,800 mark for days, with sentiment around the second-largest cryptocurrency in the world becoming increasingly negative. Persistent selling pressure has left investors and analysts worried about Ethereum’s ability to stage a recovery, with many starting to lose hope for a rally.  The bearish sentiment has only intensified as ETH continues to underperform compared to Bitcoin and other major assets, causing frustration among market participants who expected a stronger start to the year. Related Reading Despite this negative…

Ticking Clock: Institutional Bitcoin Supply Dwindles as Holders Tighten Their Grip

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As bitcoin hovers just above $97,000 per unit, conversations are intensifying over the possibility of a future supply squeeze. On Monday, digital asset manager Bitwise highlighted a crucial reality: if corporations and governments seek to acquire substantial quantities of BTC, they will need to persuade current holders to part with their assets—a task that may […] Original