An analyst has pointed out how Ethereum has seen a sell signal on the Tom Demark (TD) Sequential alongside the retest of a key resistance line. Ethereum Is Trading Around Upper Boundary Of Descending Channel In a new post on X, analyst Ali Martinez has talked about how Ethereum is looking from a technical analysis (TA) perspective. First, Martinez has pointed out that ETH has been trading inside a Descending Channel for the last couple of months. The Descending Channel refers to a consolidation pattern that forms whenever an asset’s…
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Bitcoin rallies, Crypto Fear & Greed Index nears key zone
Bitcoin jumped to a record high, boosted by safe-haven bets, increased exchange-traded funds inflow, and the rising Fear and Greed Index. Summary Bitcoin’s latest surge underscores a renewed wave of investor optimism driven by improving market sentiment, expectations of Federal Reserve rate cuts, and mounting inflows into spot ETFs. The convergence of macroeconomic tailwinds, seasonal strength, and risk appetite has positioned BTC for another potential leg higher — signaling that the world’s largest cryptocurrency may be entering a new phase of institutional-led momentum. Bitcoin price rises as Crypto Fear and…
Key Price Breakout Sets Dogecoin On 153% To Clear $0.65 In Quick Succession
Dogecoin’s price action in recent days has been defined by steady higher lows and attempts to break above $0.25. The meme coin has managed to maintain bullish momentum in the past 24 hours after ending September consolidating. This recent move has kept Dogecoin’s uptrend intact on the daily chart, and according to technical analysis shared on the social media platform X by analyst Javon Marks, this structure could be setting the stage for a powerful upward move. Related Reading Breakout Structure And Higher Lows According to Marks, Dogecoin’s current price…
Bitcoin And XRP Are Testing Key Resistances And Could Turn Bloody Again, Here’s Why
Bitcoin and XRP have both made strong attempts to reclaim resistance levels in recent days. Bitcoin has broken above the $120,000 price level. XRP, on the other hand, hasn’t found it as easy to establish a firm breakout, although it has pushed as high as $3.10 in the past 24 hours. Technical analysis points to possible short-term price gains if resistance levels holds, but it also outlines a scenario where both Bitcoin and XRP could face another round of declines in the coming week. Related Reading XRP’s Struggle Against The…
Bitcoin Faces Key Levels: $125k Resistance Vs $118k Support – Details
From late September, Bitcoin has embarked on an impressive bullish rally to reach price levels around its all-time high of $124,457. However, it remains speculative as to whether the premier cryptocurrency will maintain this early October momentum to put in a new all-time-high price, or experience a major correction into deeper liquidity zones. Bitcoin Key Levels To Watch: Rally’s Challenge Lies At $125k Resistance In an X post on October 3, key opinion leader (KOL) Ted Pillows shared that Bitcoin is once again approaching critical price levels, backed by data…
Ether Jumps 6%, but Whales Are Cashing Near Key Resistance
Key Notes Ether jumped 6.6% in a day, reclaiming the $4,400 zone. Whales sold over $200 million worth of ETH ahead of $4,505 resistance. Analysts eye Wyckoff breakout and possible $8,000 rally this cycle. Ethereum ETH $4 391 24h volatility: 2.0% Market cap: $530.58 B Vol. 24h: $41.47 B is bouncing back strongly after last week’s dip to $3,850. The second-largest crypto gained more than 6% on Oct. 2, climbing to $4,383 at the time of writing. Market data suggests that ETH 24-hour trading volume has surged by 45%, currently…
XRP Price Faces 25% Drawdown Risk, But This Technical Point Is Key
The XRP price is positioned at a pivotal level that will determine the next trend to play out from here. This was highlighted by crypto analyst, The Alchemist Trader, in a TradingView post that shared notable insights into the current price action of the cryptocurrency. The crypto analyst also explained that there are technical points that will determine the next move, and depending on how bears and bulls perform, there could either be a lot of gains or major losses. The Three Key Points To Watch With the XRP price…
Dogecoin Price Is About To Complete Another Golden Cross, Why $0.33 Is The Key
The Dogecoin price is about to complete a Golden Cross pattern, a technical event that often signals the start of a super bullish run. A crypto analyst argues that the real test lies at $0.33, a resistance level that could determine whether DOGE begins its next major rally and extends its momentum into the broader altcoin market. Golden Cross Forms On Dogecoin Price Chart Crypto analyst Cas Abbe recently highlighted in an X social media post Dogecoin’s bullish momentum, noting that the meme coin is about to complete another Golden…
Watch These Key Bitcoin Metrics as BTC Price Prepares for ‘Big Move’
Key takeaways: The stablecoin SSR RSI signals “buy,” indicating high buying power. Long-term Bitcoin holders have accumulated 298,000 BTC. Bitcoin’s green September close historically precedes Q4 rallies, averaging 78% gains. Bitcoin (BTC) whipsawed through September, but managed to close the month 5% higher at $114,000 on Tuesday. Several key indicators now suggest that the recent recovery from $108,000 could signal a “big move” ahead, according to analysts. Bitcoin’s stablecoin metric signals “buy” The Stablecoin Supply Ratio (SSR), which measures the buying power of stablecoins relative to Bitcoin, has declined, with…
Bitcoin’s $90,000 Level Holds Key To Preventing A New Bear Market, Top Analyst Says
Bitcoin (BTC) continues to navigate a phase of consolidation, hovering just above $113,000, leaving investors uncertain about the BTC’s next move. This uncertainty has led one analyst, known for accurately predicting BTC’s trajectory during this cycle, to suggest that a new bear market may be closer than many investors anticipate. Bear Market Warning In a recent post on social media platform X (formerly Twitter), the analyst, who goes by the name Doctor Profit, expressed ongoing confidence in his bearish outlook. Since adopting a negative stance in August, he has maintained…