The mixed signals in on-chain activity and technical patterns suggest that ADA is nearing a crucial moment, with massive gains around the corner. Investor Confidence Grows Despite Whale Selling Pressure Following the broader market’s recent recovery, retail investors have actively bought the ADA dip amid 25% weekly price drop. The Chaikin Money Flow (CMF) indicator, which tracks the volume-weighted flow of capital into and out of an asset, has climbed sharply to its highest level in three months. Historically, such spikes in CMF are linked to accumulation phases that often…
Tag: Price
Why The Dogecoin Price Could Still Hit A 600% Rally To Send It Above $1.5
According to the analysis by ETHERNASYONAL, the current Dogecoin price chart is forming a clear pattern that could lead to a significant breakout. The price setup suggests that once the Dogecoin breaks past a key resistance level, a 600% rally could follow. If momentum continues to grow, Dogecoin might see a powerful rally that could send its value far above $1.5. Dogecoin Price Chart Shows A Classic Cup And Handle Pattern Forming ETHERNASYONAL’s analysis on X highlights that there is a clear Cup and Handle formation on the Dogecoin linear…
Bitcoin Price Watch: Bears Tighten Grip as $103K Support Faces Pressure
Bitcoin is trading at $105,579 to $106,377 over the last 60 minutes, with a total market capitalization of $2.08 trillion. Over the past 24 hours, bitcoin recorded a trading volume of $101.17 billion and moved within an intraday price range of $103,530 to $112,012. Bitcoin Chart Outlook The 1-hour chart reveals a clear breakdown from […] Original
Solana Price At Risk Of 50% Crash To $104 After Forming This Larger Bearish Trend
The Solana price rebounded quite nicely from the October 10 crash, quickly reclaiming $200 after hitting as low as $150 on some crypto exchanges. Despite this, though, the altcoin is still not out of the woods, with bearish indicators that seem to be piling up around it. Unless something changes soon, the Solana price could be gearing up for another major hit that could send it down even lower than the legendary flash crash. Friday’s Crash Was Only Confirmation Of Bearish Pattern For Solana Price While the broader market thinks…
Bitcoin Copies 2023 Regional Bank Rout With $105,000 BTC Price Dive
Key points: Bitcoin falls to its lowest levels since June as familiar US banking turmoil returns. Traders see $100,000 possibly failing as support. Gold comes off fresh all-time highs as Peter Schiff sees it beating Bitcoin to the $1 million mark. Bitcoin (BTC) fell to 15-week lows on Friday as a US banking rout added to BTC price pressures. BTC/USD four-hour chart. Source: Cointelegraph/TradingView Bitcoin risks “going straight to $98,000” next Data from Cointelegraph Markets Pro and TradingView showed Bitcoin dropping under $106,000 for the first time since June. Crypto…
Bitcoin price drops below $110K as spot BTC ETF outflows rise
Bitcoin price slid below $110,000 as rising exchange-traded fund outflows and renewed selling pressure dragged the market deeper into correction territory. Summary Bitcoin dropped under $110K as spot ETFs saw $536M in outflows. Derivatives data show growing caution, with volumes up 40% but flat open interest. Analysts warn of a possible dip toward $100K if $108K support fails to hold. Bitcoin traded lower on Oct. 17, falling below the $110,000 mark to reach $108,420 at press time, down 2.4% in the past 24 hours. The cryptocurrency has dropped 10% over…
BNB Price Retreats After Rally — More Downside Risks On The Horizon
BNB price is consolidating losses below the $1,200 zone. The price is now facing hurdles near $1,250 and might start another decline in the near term. BNB price is correcting gains and traded below the $1,200 support zone. The price is now trading below $1,180 and the 100-hourly simple moving average. There is a short-term bearish trend line forming with resistance at $1,180 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $1,120 level to start another increase in the near…
XRP Price Slips Again, Bears Tighten Grip As Momentum Turns Negative
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 Slides Below $4,000 Support As Sellers Tighten Their Grip
Ethereum price struggled to stay above $4,020 and dipped further. ETH is now consolidating in a range and might decline further if there is a move below $3,820. Ethereum started a fresh decline below $4,020 and $4,000. The price is trading below $4,000 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $4,070 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below $3,820. Ethereum Price Dips Below Support Ethereum price…
Bitcoin Price Dips Deeper Into Red — Traders Eye Next Support Near $105,500
Bitcoin price is struggling to settle above $112,500 and $113,000. BTC is now moving lower and might start another decline below $108,000. Bitcoin started a fresh decline after it failed to clear the $113,000 resistance level. The price is trading below $110,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $110,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it trades below the $107,500 zone. Bitcoin Price Dips Again…