Bitcoin bulls managed to defend the $66K support level as the leading crypto asset reversed part of its strong gains yesterday that was partly fueled by a strong uptick in ETF inflows. Summary Bitcoin price rebounded from above $66,000 support as its ETFs resumed an inflow trend. A bearish flag pattern has formed on the daily chart. According to data from crypto.news, Bitcoin (BTC) price surged nearly 7% to roughly $70,000 on Thursday as investor sentiment for risk assets was boosted following the release of a bullish Nvidia earnings report…
Tag: Price
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XRP Price Advances Steadily, Breakout Potential Sparks Bullish Optimism
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 Signals Fresh Rally Attempt, Traders Watch Key Levels
Ethereum price started a major rally above the $2,020 resistance. ETH is now consolidating gains and might aim for another increase above $2,050. Ethereum started a fresh upward move above the $1,980 zone. The price is trading above $2,000 and the 100-hourly Simple Moving Average. There is a new bearish trend line forming with resistance at $2,040 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,080 zone. Ethereum Price Dips To Support Ethereum price managed to…
Bitcoin Price Consolidates Above Support, Breakout Hopes Strengthen
Bitcoin price started a decent increase above $68,000. BTC is now consolidating above $66,250 and might aim for more gains above $68,800. Bitcoin started a fresh increase after it settled above the $67,200 support. The price is trading above $67,200 and the 100 hourly simple moving average. There is a new bearish trend line forming with resistance at $68,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $66,500 and $66,250 levels. Bitcoin Price Dips To Support…
Bitcoin 5TH Wave Is Not Over Yet, And Price Could Still Crash To $52,000; Analyst Warns
Bitcoin is now inching towards $70,000, but there is enough to worry about around $64,000. Crypto analyst Tara expressed concern that Bitcoin’s fifth wave may not be complete, with a prediction that further downside could still be ahead. In a recent post on X, the analyst noted that the current move could either be the start or the final stretch of a fifth wave decline, and there’s still a possibility of the Bitcoin price falling to as low as $52,000. Double Bottom Support At $59,900 And $60,500 Technical analysis done…
Dogecoin Price Gets New Bull Case As Tokenization Plan Emerges
Dogecoin has a new utility pitch, and this one is aimed squarely at one of crypto’s most discussed institutional themes. In a X post on February 26, Dogecoin Foundation director Timothy Stebbing said he has spent the last 12 months working toward a plan to make Dogecoin “an asset-backed currency” within two to three years by pushing real-world asset tokenization through a Dogecoin-denominated rules engine called Fractal Engine, with a longer-term goal of eventually moving that activity onto Dogecoin’s base layer through protocol upgrades. Dogecoin Price May Get Major Utility…
XRP Price Turns Completely Bearish, But Is A Crash To $1 Still Possible?
Crypto analyst CasiTrades has warned that the XRP price structure has turned bearish, putting the altcoin at risk of a further decline. The analyst also suggested that the price could still crash below $1 as it looks to find a bottom. XRP Price Structure Shifts Bearish With Key Levels Below In an X post, CasiTrades stated that the XRP price structure has shifted bearish, with key levels below. She further revealed that price is starting to gather sell strength and that the trendline break is looking to form resistance. The…
Bitcoin price risks correction to $62,000 as volume weakens
Bitcoin price faces growing downside risks after rejecting major resistance near $69,700. Weak bullish volume and loss of key support levels now raise the probability of a corrective move toward $62,000. Summary Rejection at $69,700 0.618 Fibonacci resistance confirms weakness Loss of Point of Control signals bearish short-term structure $62,000 support becomes next key downside target Bitcoin’s (BTC) recent recovery rally appears to be losing momentum after price action encountered strong resistance at a critical technical zone. The market briefly pushed higher but failed to sustain acceptance above a key…
Analyst Predicts Bitcoin Price Surge To $500,000 As Ribbon Fractal Emerges
A prominent market commentator has projected that the Bitcoin price could climb as high as $500,000, citing the reappearance of a long-observed moving average ribbon pattern on the monthly chart. The forecast, shared by Egrag Crypto on X, ties price structure to specific time windows in 2026 and 2028, arguing that technical alignment is outweighing short-term market narratives.pl Bitcoin Price Ribbon Setup Signals Expansion Phase At the center of the $500,000 prediction is the reformation of a multi-layer moving average ribbon on the one-month timeframe. The chart provided by the…