Tag: Price

Bitcoin price slips below $80K as ETFs hit 4-month high outflows

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U.S.-listed spot Bitcoin ETFs recorded their largest single-day outflows in four months on Wednesday as rising inflation concerns and weakening risk appetite pressured crypto markets. Summary U.S. spot Bitcoin ETFs recorded $635.23 million in net outflows on May 13, marking the largest single-day withdrawal since January. Bitcoin fell below the $80,000 psychological support level after hotter-than-expected U.S. inflation data weakened risk appetite across crypto markets. BlackRock’s IBIT, Fidelity’s FBTC, and Ark 21Shares’ ARKB led ETF outflows as institutional demand for Bitcoin exposure cooled sharply. According to data from SoSoValue, the…

XRP Price Continues Grinding Lower As Buyers Stay On Sidelines

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…

Dogecoin TD Sequential Flashes Sell Signal: Price Correction Ahead?

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Dogecoin has seen a Tom Demark (TD) Sequential sell signal on its 3-day chart, a potential sign that the memecoin could see a bearish reversal. TD Sequential Has Formed A Sell Setup For Dogecoin As highlighted by analyst Ali Martinez in an X post, the TD Sequential has just flashed a signal for Dogecoin’s 3-day price. The TD Sequential here refers to an indicator from technical analysis (TA) that’s generally used for pinpointing locations of probable turnaround in a given asset’s price. It involves two phases. In the first of…

Ethereum Price Flashes Weakness Signals, Pullback Fears Start Rising

Ethereum price started a fresh decline and traded below $2,265. ETH is now consolidating above $2,220 and might struggle to recover. Ethereum started a downside correction below the $2,265 zone. The price is trading below $2,280 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,285 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,300 zone. Ethereum Price Extends Losses Ethereum price failed to remain stable above $2,300 and…

Bitcoin Price Dips Further Below $80K—Bears Tighten Grip On Market

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Bitcoin price started a fresh decline below the $80,500 zone. BTC is consolidating and might struggle to stay above the $78,800 support. Bitcoin failed to stay above $80,500 and extended losses. The price is trading below $80,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $80,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $80,500 and $81,200 levels. Bitcoin Price Dips Further Bitcoin price failed to stay…

Optimism Reignites as Bitcoin Price Chart Hits $82k, XRP and Altcoin Market Await Breadth Tease

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Blockchain Backer Newsletter – Blockchain Backer’s Technical Analysis Toolkit for Crypto – Blockchain Backer 702 Digital Art NFT Collection on XRP – Hi, I am the Blockchain Backer, bringing you the latest cryptocurrency news and analysis. The content of my channel primarily focuses on crypto news, motivation, and chart analysis on the XRP chart, Bitcoin chart, various Altcoin charts, and market cap charts. DISCLAIMER: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The…

Ethereum Open Interest Rises While Price Pulls Back: Short Squeeze Setup?

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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…

XRP Price Tests Key Resistance as Data Signals Possible 2x Upside

XRP NEWS: XRP price is trading at $1.44, pressing against the upper boundary of a descending parallel channel that has capped the asset since its late-April highs, while on-chain metrics compiled by CryptoQuant show a neutral-to-slightly-bullish reading with spot markets displaying buy-side dominance and cooling sell pressure. The data and the price action are not yet aligned, derivatives sentiment has turned constructive, and accumulation signals are building, but the bears retain structural control above current levels. Whether XRP can convert those on-chain signals into a clean technical breakout, or whether…

XRP Price Finds Support Again, Though Resistance Threatens Rally Attempt

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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 Back To $2,250, Traders Watch Crucial Support

Ethereum price started a fresh decline and traded below $2,300. ETH is now consolidating above $2,250 and might struggle to recover. Ethereum started a downside correction below the $2,280 zone. The price is trading below $2,300 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,320 zone. Ethereum Price Faces Resistance Ethereum price failed to remain stable above $2,320 and…