A recent TradingView technical outlook suggests Bitcoin remains locked beneath a stubborn upper trendline resistance that continues to suppress bullish momentum. Despite several recovery attempts, BTC has repeatedly failed to break through the resistance zone, causing speculations that the price could push below $60,000. Bitcoin Trapped Beneath A Heavy Ceiling The TradingView chart highlights how this upper trendline has consistently acted as a ceiling for price action, rejecting Bitcoin each time buyers attempt to push higher. That resistance area also overlaps with key Fibonacci retracement levels, making it an increasingly…
Tag: Price
Near Leads AI Token Rally With 50% Surge as $5 Price Target Emerges
NEAR Protocol (NEAR) displayed strength on Friday, rising 34% over the last 24 hours to $2.32, leading artificial intelligence-based tokens in a rally fueled by NEAR’s network upgrades and NVIDIA’s bullish revenue forecast. NEAR is trading 50% higher than its price seven days ago and has gained a whopping 115% over the last 90 days. Key takeaways: NEAR price surged 50% in seven days, hitting six-month highs as AI crypto tokens rallied on strong market momentum. NEAR Protocol upgrades focused on AI, privacy and scaling boosted investor confidence and trading…
Bitcoin Price Breaks 14-Year Support For The First Time In History, Analyst Predicts $50,000 Target
Crypto analyst Phila has predicted that the Bitcoin price could see a massive decline to $55,000 after breaking a 14-year support level. This comes amid BTC’s fall below the psychological $80,000 level, with the leading crypto now at risk of dropping to new lows. Analyst Predicts Bitcoin Price Drop To $55,000 Amid Breakdown In an X post, Phila stated that the Bitcoin price just broke a support level that has held for 14 years, noting that it had held in previous bear cycles. The analyst further remarked that this is…
XRP Ledger Activity Surges, But What Is Stopping Price Breakout?
XRP Ledger has seen a spike in new addresses over the last 24 hours, but overhead resistance at $1.40 kept the XRP (XRP) price in check. Key takeaways: XRP Ledger added 4,300 new wallets in 24 hours, marking the fourth-largest growth spike on the network in 2026. XRP price recovery may face resistance at $1.40, with a prolonged consolidation likely. XRP Ledger sees fourth-largest growth spike in 2026 The XRP Ledger recorded one of its strongest growth surges of the year after adding 4,300 new wallets within 24 hours, the…
Will Bitcoin price revisit $76K as bullish trendline support collapses?
Bitcoin has fallen back toward the $77,000 region after losing a key ascending trendline support that had guided its recovery from April lows. Summary Bitcoin fell back toward $77,000 after breaking below a key ascending trendline support and failing to reclaim the 200-day moving average near $80,800. U.S. spot Bitcoin ETFs recorded roughly $1.4 billion in weekly outflows, while over $744 million worth of BTC moved to exchanges over the past five days. CoinGlass liquidation data showed dense long liquidation clusters near $76,000 as traders monitored rising oil prices, Fed…
Bitcoin & Ethereum are about to SKYROCKET! (SERIOUSLY)
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XRP Price Stuck In A Tight Cage—Breakout Pressure Keeps Building
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 Eyes Breakout Move, Traders Watch Key Resistance Closely
Ethereum price started a recovery wave above the $2,120 zone. ETH is now consolidating and might rally if there is a clear move above the $2,150 resistance. Ethereum started a recovery wave above the $2,125 zone. The price is trading below $2,150 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with resistance at $2,150 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,150 zone. Ethereum Price Aims for Upside Break Ethereum price…
Bitcoin Price Consolidates Near Lows As Market Searches For Direction
Bitcoin price started a recovery wave above the $77,000 zone. BTC is consolidating and might aim for more gains if it clears the $78,000 resistance zone. Bitcoin managed to form a base above $76,200 and started a recovery wave. The price is trading above $77,000 and the 100 hourly simple moving average. There is a contracting triangle forming with resistance at $77,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might gain bullish momentum if it settles above the $78,000 zone. Bitcoin Price Eyes…
Bitcoin Weekly RSI Retest Calls Price Bottom: Analyst
The chance of Bitcoin (BTC) falling below $60,000 is “extremely slim,” according to data showing that BTC long-term holders increased their holdings to 71.6% of the total supply. In addition to this data, a key technical signal turned bullish for the first time since February. BTC price may avoid fresh new lows, says analyst Crypto analyst Sykodelic said the possibility of Bitcoin revisiting fresh lows has “become extremely slim” after the weekly relative strength index (RS) retested the 50 level. Historically, Bitcoin has entered long-term expansion phases after the RSI recovered…