Key points: Buyers are attempting to maintain BTC above the $66,500 level, but several analysts believe that the $60,000 level may crack. Some major altcoins risk breaking below their immediate support levels, signaling that bears remain in control. Buyers are attempting to push and maintain Bitcoin (BTC) above the $66,500 level, but are facing stiff resistance from the bears. Although recovery attempts are being sold into, the BTC supply in profit and loss metric suggests that BTC may be close to a bottom. CryptoQuant analyst “Darkfost” said that there are…
Tag: Price
XRP Price Completes Q1 In The Red Again, But Prior Performance Says A Surge Is Coming
XRP’s close of the month of March in the red has now marked the end of the first quarter of 2026 as very bearish for the cryptocurrency. While this is concerning for investors of the altcoin, this is not the first time in history that the XRP price has closed the first quarter of the year in a complete bleed. In fact, this has happened multiple times throughout history, and so far, the dominating trend seems to be that the cryptocurrency will end up going green. XRP’s First Quarter Of…
Cathie Wood Sees No More 85% Bitcoin Price Drawdowns Versus All-Time Highs
Bitcoin (BTC) is “done” with drawdowns of 85% or more from all-time highs, says ARK Invest CEO, Cathie Wood. Key points: Bitcoin will not see another correction of 85% or more versus its latest all-time high, Cathie Wood argues. A new prediction sees $34,000 becoming the next BTC price bottom. Bitcoin bear-market seasonality hints that a reversal could come this month. Wood on BTC price: No more 85% “collapses” In an interview with CNBC’s Squawk Box segment on April 1, Wood stayed calm about double-digit BTC price losses. “Believe it…
XRP Price Drifts Lower, Downside Pressure Starts to Accelerate
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 Extends Losses, $2,000 Support Faces Breakdown Risk
Ethereum price failed to stay above $2,120 and extended losses. ETH is now struggling to stay above $2,040 and might continue to move down in the near term. Ethereum started a fresh decline from the $2,150 zone. The price is trading below $2,120 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2,075 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,120 resistance. Ethereum Price Dips Further…
Bitcoin Price Teeters on Edge, Will Support Finally Snap?
Bitcoin price started a fresh decline from the $69,250 zone. BTC is now struggling to stay above $66,000 and might extend losses in the near term. Bitcoin failed to settle above $68,000 and started a fresh decline. The price is trading below $67,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $67,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $67,500 and $67,800 levels. Bitcoin Price…
Are The Rising Oil Prices Bullish Or Bearish For The Bitcoin Price?
The ongoing tensions in the Middle East continue to put immense pressure on Bitcoin and other risk assets. As investor sentiments turn increasingly cautious, analysts are weighing the potential impact of rising oil prices on Bitcoin. The overall outlook is not looking good, with projections suggesting further downside for the leading cryptocurrency. A clearer path to recovery may only appear if regional tensions ease. Surging Oil Prices Could See Bitcoin Crash Harder Market analysts have shared their thoughts and concerns with The Block about the ongoing US-Iran war and its…
Bitcoin Price Headed To $120,000? Why This analyst Thinks It’s A Good Time To Buy
Crypto analyst Minga has predicted that the Bitcoin price could rally past $120,000 to a new all-time high (ATH) of $190,000 in the next bull cycle. The analyst also indicated that now is a good time to buy as BTC approaches a bottom. Analyst Gives Buy Signal as Bitcoin Price Approaches Bottom In an X post, Minga said that the Bitcoin price is approaching a macro bottom and that this is the phase of the cycle where every dip becomes an opportunity to buy and accumulate long-term holdings. The analyst…
Pundit Predicts How Long It Will Take For The XRP Price To Reach $20
The XRP price reaching $20 may take several years, according to a market pundit who recently outlined a long-range roadmap for the digital asset. His projection places the milestone near the end of the decade while suggesting the current market phase could still present opportunities before the next major expansion begins. XRP Price Path To $20 By 2030 Outlined In Multi-Year Forecast Crypto analyst ChartNerd recently argued that a $20 target for XRP by 2030 closely aligns with his broader outlook for the asset. In a post shared on March…
StakeStone (STO) Price Surges Over 500% In One Week, What’s Driving This Altcoin?
The StakeStone (STO) price has surged by over 500% in the past week, drawing attention to the token’s ecosystem. The altcoin’s rally comes ahead of a significant token unlock, which could put selling pressure on the token and drive its price down. Why The StakeStone (STO) Price Is Surging The StakeStone (STO) price has surged by over 500% in the last week amid bullish fundamentals in its ecosystem, as noted by market analyst Neel. One of these developments includes StakeStone’s launch of version 2.0 of its protocol earlier this year.…