Tag: Price

Strategy Adds 3,081 Bitcoin As Price Slides To $112K

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Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, added more BTC to its balance as the price tumbled to $112,000 last week. Strategy acquired 3,081 Bitcoin (BTC) for $356.9 million during the week ending Sunday, according to a US Securities and Exchange Commission filing on Monday. Saylor’s business intelligence software company purchased its latest Bitcoin batch at an average price of $115,829 per coin, as BTC started the week at around $116,700 and slipped to $112,000 on Thursday, according to CoinGecko. The acquisition brought Strategy’s total Bitcoin holdings to…

Bitcoin Price Risks Drop Below $110K if Key Support Levels Are Lost

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Key takeaways: Bitcoin price is down 11% from its all-time high, dropping to $111,000 on Monday. $108,000 is a short-term target for the bears, with some BTC analysts predicting a drop to $95,000. Bitcoin (BTC) sellers emerged again on Monday as the drop to $111,000  resulted in a large liquidation of leveraged long positions across the cryptocurrency market. BTC/USD daily chart. Source: Cointelegraph/TradingView Bitcoin tumbles below $112,000, wiping out longs Bitcoin price fell as low as $111,300 on Monday, reversing Friday’s spike fueled by Fed Chair Jerome Powell’s dovish speech,…

XRP Price Tracks Bitcoin—What’s Next for Crypto’s Ripple?

Key Notes As XRP follows the Bitcoin price trajectory, analysts remain hopeful of a potential short-term rally for XRP, with targets ranging from $3.6–$4.0. Key support levels at $3 and $2.85 are critical for bullish momentum. EGRAG Crypto explained that maintaining above $3.03 for seven days would mark XRP’s highest monthly full-body candle close. XRP XRP $2.93 24h volatility: 2.7% Market cap: $174.29 B Vol. 24h: $6.74 B price volatility over the past week has confused investors about whether the bottom is in, or if more downside is left. After…

Analyst Says Solana Price Is At The Gates Of Massive Breakout, Here’s The Target

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After an eventful weekend, the Solana price was able to cross the resistance at $200, and despite the market retracement, bulls have managed to hold this level and turn it into support. With the bullish momentum still going, the altcoin could be set for a further surge. While it is yet to cross its January all-time high of $294, a blooming rally suggests that it may be time for the cryptocurrency to barrel through and retest the resistance at this level. Solana Price Is Still Firmly In Bullish Territory In…

XRP Price Action Signals Strength, More Upside Potential Ahead

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 Hits Fresh High as Bulls Dominate, Bitcoin Slides Lower

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Ethereum price started a fresh increase above the $4,650 zone. ETH is now consolidating gains and might find bids near the $4,550 support. Ethereum started a fresh upward move and traded to a new all-time high. The price is trading above $4,550 and the 100-hourly Simple Moving Average. There was a break below a rising channel with support at $4,750 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase unless there is a close below $4,550 in the near term. Ethereum Price Regains…

Bitcoin Price Declines Further, Can Buyers Prevent Another Sharp Drop?

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Bitcoin price is attempting to recover from $110,650. BTC is back above $112,200 but faces many hurdles on the way up to $115,000. Bitcoin started a recovery wave above the $112,000 zone. The price is trading below $114,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $114,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $114,500 resistance zone. Bitcoin Price Dips Again Bitcoin price started a…

Solana Sets 10-Month Record Overtaking Ethereum DEX Volume: What’s Next for SOL Price?

Key Notes Solana price breaks above $210 on Sunday, Aug 24, hitting its highest level since February, while other major cryptocurrencies retraced over the weekend. On-chain data confirms Solana has outpaced Ethereum in DEX trading volumes for 10 straight months, surpassing $124B in July. Wormhole bridge flows reveal persistent demand for SOL in on-chain transfers, emphasizing active internal catalysts behind Solana’s ongoing rally. After crossing the $210 mark on Friday for the first time since February, Solana price advanced further over the weekend. While macro-driven rallies cooled elsewhere, with Bitcoin…

Is Dogecoin Price Set For A 30% Surge? This Chart Pattern Suggests So

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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…