Tag: Key

Bitcoin Price Recovery Stalls, Can Bulls Overcome the Key Resistance?

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Bitcoin price is showing bearish signs below $113,500. BTC is struggling to recover and might face hurdles near the $113,000 zone. Bitcoin started a fresh decline below the $111,400 zone. The price is trading below $111,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $111,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $112,500 resistance zone. Bitcoin Price Attempts Recovery Bitcoin price started a fresh decline…

ETH Rallies But $4.7K Remains Key Pivot Point

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Key takeaways: Ether rallied 5% after a “Monday trap,” but leverage risk is rising with Binance’s ELR at record highs. $1.65 billion in stablecoin inflows and 208,000 ETH withdrawals show strong accumulation. ETH holding $4,700 keeps the door open to $5,000, while losing it risks a sharper correction. Ether (ETH) is showing resilience against Bitcoin (BTC) after shaking off the latest “Monday Trap,” a recurring pattern where leveraged longs face steep liquidations at the start of the week. While ETH rallied as much as 5% on Tuesday, BTC’s return has…

Bitcoin price prediction: Key levels to watch

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Bitcoin dropped under $110K after someone dropped a massive 24,000 BTC on the market. Boom — $550 million in longs were liquidated. It’s still a shaky ride, and everyone’s watching key support zones to see if BTC can recover or if there’s more pain coming. Summary BTC dropped below $110K after a whale dumped 24,000 BTC, triggering $550M in long liquidations. Current price sits around $111K–$112K, with sentiment cautious and volatility high. Leverage risk remains elevated, with forced liquidations amplifying market swings. Whale activity continues to pose supply-side pressure and…

Bitcoin Price Risks Drop Below $110K if Key Support Levels Are Lost

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Key takeaways: Bitcoin price is down 11% from its all-time high, dropping to $111,000 on Monday. $108,000 is a short-term target for the bears, with some BTC analysts predicting a drop to $95,000. Bitcoin (BTC) sellers emerged again on Monday as the drop to $111,000  resulted in a large liquidation of leveraged long positions across the cryptocurrency market. BTC/USD daily chart. Source: Cointelegraph/TradingView Bitcoin tumbles below $112,000, wiping out longs Bitcoin price fell as low as $111,300 on Monday, reversing Friday’s spike fueled by Fed Chair Jerome Powell’s dovish speech,…

XRP Price Declines Again, Key Support Tested as Risks Increase

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Ethereum Price Battles Key Barrier as Bulls Eye a Breakout Attempt

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Ethereum price started a recovery wave above the $4,150 zone. ETH is now back above $4,250 but it faces many hurdles near $4,300. Ethereum started a recovery wave above the $4,200 and $4,250 levels. The price is trading below $4,320 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $4,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $4,180 zone in the near term. Ethereum Price Faces Hurdles Ethereum…

Ethereum Price Gains Fade as Key Barriers Hold Firm, Another Dip Possible

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Ethereum price started a recovery wave from the $4,050 zone. ETH is now back above $4,220 but it faces many hurdles near $4,400. Ethereum started a recovery wave above the $4,150 and $4,220 levels. The price is trading below $4,350 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $4,355 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $4,220 zone in the near term. Ethereum Price Faces Resistance Ethereum…

Why is Bitcoin down today? Here are three key drivers of the $113,000 drop 

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Why is Bitcoin taking a downtrend over the past week, failing to hold up its recent gains and positive momentum. Summary Bitcoin is trading at $113,721, down 1.5% in 24 hours, with weekly losses above 55%. Large-scale profit-taking by long-term holders and loss-selling from short-term investors has added significant downward pressure on Bitcoin. Bitcoin (BTC) is currently trading at $113,721, posting a modest 1.5% drop in the last 24 hours. The day’s decline brings its losses on the week to approximately 5%, now putting the crypto market giant in the…

Crypto Analyst Reveals Key Altcoins To Watch Right Now

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. In a market update on August 19 titled “Key Altcoins To Watch Right Now,” crypto analyst Cryptoinsightuk argues that conditions are improving for a fresh leg higher in altcoins as Bitcoin dominance shows signs of easing.…