Tag: Analysis

Expert Analysis Highlights 4 Strong Bullish Indicators

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Este artículo también está disponible en español. As the new week begins, Ethereum (ETH)—the second-largest cryptocurrency by market capitalization—has seen a significant decline, dropping nearly 10% below the critical support level of $2,500.  However, amidst this downturn, prominent crypto analyst Doctor Profit has identified four compelling bullish indicators that suggest Ethereum may be poised for a resurgence, potentially inching closer to its all-time high and even surpassing it. Key Indicators Signal A Bullish Turn In a recent post on X (formerly Twitter), Doctor Profit shared insights from a detailed long-term…

BTC Price Analysis: Bitcoin Battles Key Support at $93K – Breakdown or Bounce?

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Bitcoin currently hovers at $93,983, boasting a valuation of $1.86 trillion and a 24-hour trading volume of $35 billion. Its intraday movement oscillates between $93,607 and $96,480, resting 13.6% beneath its historic price peak. Bitcoin On the BTC/USD 1-hour chart, fleeting fragility persists as bitcoin carves successive troughs and wavers near the $93,607 support. Bears […] Original

Bitcoin Price Analysis: Bulls Struggle as $94K Support Faces Ultimate Test

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Bitcoin is trading at $95,700 with an overall market capitalization of $1.89 trillion, a 24-hour trading volume of $13.51 billion, and an intraday price range between $94,805 and $96,684, reflecting a consolidation phase amid mixed technical signals. Bitcoin Bitcoin’s daily chart shows BTC previously peaked near $109,356 before experiencing a pullback to approximately $89,164, followed […] Original

Bitcoin Price Analysis: Bulls Fight for Control as Bears Threaten a Massive Sell-Off

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Bitcoin is trading at $96,688 with a market capitalization of $1.91 trillion and a 24-hour trading volume of $44.88 billion, moving within an intraday range of $94,805 to $99,262 as technical indicators suggest consolidation with a bearish bias. Bitcoin The daily chart reflects a continued downtrend, with bitcoin forming lower highs and lows after peaking […] Original

Bitcoin Price Analysis: Bybit Hack Sparks Market Volatility; BTC Tests Key Support at $95,000

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Bitcoin’s price fell 3.07% to $95,086 on Feb. 21, 2025, as markets reacted to a $1.4 billion hack at Bybit and technical indicators signaled bearish pressure. Bearish Signals Dominate Bitcoin Charts Amid Security Breach Fallout Bitcoin traded within a 24-hour range of $95,086 to $99,504, reflecting heightened volatility following the breach of Bybit’s Ethereum cold […] Original

Bitcoin Price Analysis: Short-Term Bulls Eye $98,800 Breakout for Rally Toward $100,000

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Bitcoin edges higher to $97,973 to $98,323 over the last hour, as traders assess macroeconomic and inflation signals alongside key technical levels. BTC Bitcoin’s daily chart shows price action stabilizing between $96,000 and $98,000, following a 10.3% retreat from its January 20, 2025, all-time high. The macro trend remains in a pullback phase, with critical […] Original

XRP Price Analysis: ‘Buy the Dip’ or ‘Sell the Rip’? Critical $2.50 Level Decides XRP’s Fate

XRP’s price action on Feb. 18, 2025, reflects short-term bearish pressure amid critical support tests. Technical indicators signal cautious optimism for a rebound if key levels hold. XRP The 1-hour chart reveals a clear downtrend, marked by lower highs and lows, with XRP trading between $2.48 and $2.52 over the past hour. Immediate support lies […] Source CryptoX Portal

Bitcoin price set to surge soon, technical analysis shows

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Bitcoin’s price remained in a tight range on Monday, continuing a trend that has persisted since November. Bitcoin (BTC) was trading at $96,500, where it has hovered for the past few days. The price is about 12% below its highest level this year. Bitcoin has wavered amid concerns that the Federal Reserve will maintain a hawkish stance as inflation remains high. Last week’s data showed that the headline consumer price index rose to 3.0% in January, marking its highest level in months. The labor market also showed strength, with the…

Bitcoin Price Analysis: Traders Brace for Explosive Move — Here’s the $96K Line in the Sand

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Over the last hour, bitcoin held steady between $96,850 to just above $97,000, backed by a $1.92 trillion market cap, as traders weigh $12.95 billion in daily volume on Sunday against a narrow 24-hour range of $96,731 to $97,744. The leading crypto asset’s muted volatility shows a market in limbo, balancing technical indecision with pivotal […] Original