Tag: Price

Ethereum Price Drops Below $3,700 Despite Corporate Buyups

Key Notes Ethereum price has lost its support above $3,700, even with recent corporate buyups from top companies like SharpLink Gaming. SharpLink Gaming recently purchased 15,822 ETH at a market value of $54 million. BitMine became the largest Ethereum treasury in the world with 833,137 ETH in its holding. Ethereum ETH $3 606 24h volatility: 1.1% Market cap: $435.29 B Vol. 24h: $24.37 B price has lost its support above $3,700 even with recent corporate buyups from top companies like SharpLink Gaming (SBET). As it stands, the coin is struggling…

Is the Ethereum Price Top in? ETH Sell-Pressure Soars to $419M, Second Highest Level Ever

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Key takeaways: ETH Net Taker Volume hit -$418.8 million, the second-largest daily sell imbalance ever. Price is retesting a major resistance zone near $4,000, echoing the December 2024 top. ETH could drop 25%–35% toward key trendlines by September. Ethereum’s native token, Ether (ETH), may establish a local top signal as its selling pressure nears historic extremes. Traders sell 115,400 more ETH than they buy As of Tuesday, ETH’s Net Taker Volume dropped to -$418.8 million, the second-largest daily outflow ever, with 115,400 more ETH sold than bought via market orders,…

Bitcoin Price Crash To $100,000 Or Rally To $122,000? Analyst Shows Game Plan For BTC

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Crypto analyst Mark Cullen has laid out the game plan for the Bitcoin price amid the flagship crypto’s choppy price action. Based on his analysis, BTC could either crash to $100,000 or rally to $122,000, close to its current all-time high (ATH) of $123,000.  The Game Plan For The Bitcoin Price In an X post, Mark Cullen shared what he described as the ‘Bitcoin game plan.’ He noted that BTC is filling out the inefficient area between the two previous weekly ranges. The analyst further remarked that the next move…

XRP Price Tanks Below $3, Analyst Sees More Pain Coming

Key Notes XRP dropped below $3, wiping over $5 billion in market cap. Analyst sees key support forming near $2.40. Whale selloff and MVRV death cross raised red flags. XRP XRP $2.95 24h volatility: 2.9% Market cap: $174.81 B Vol. 24h: $5.04 B price has recently dropped below its key psychological support of $3, falling to $2.96 at press time. The cryptocurrency has seen a $5 billion loss in market capitalization within 24 hours, with a 2.5% price drop, driven largely by high-volume selloffs. However, analysts suggest that XRP might…

XRP Price Cuts Back Gains – Correction or Consolidation?

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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 Falters Above $3,700 – Is a Pullback Brewing?

Ethereum price found support near the $3,400 zone and recovered. ETH is struggling to settle above $3,700 and might dip once again. Ethereum started a fresh increase above the $3,440 and $3,500 levels. The price is trading below $3,620 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $3,620 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $3,500 zone in the near term. Ethereum Price…

Bitcoin Price Wobbles Below Resistance – Could a Fresh Drop Follow?

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Bitcoin price is struggling to recover above the $116,200 zone. BTC is now consolidating and might decline further below the $112,500 zone. Bitcoin started a fresh decline from the $115,500 zone. The price is trading below $114,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $114,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $115,500 resistance zone. Bitcoin Price Faces Resistance Bitcoin price found support near the…

Shiba Inu (SHIB) Price Holds Key Support as Bulls Fight Back Amid Market-Wide Selloff

Key Notes Trading volumes surged nearly 40% from $154 million to over $215 million indicating strong dip-buying interest among investors. Futures trading volume jumped 25% with positive long-short ratios reflecting bullish sentiment for potential price recovery ahead. Technical indicators show mixed signals with RSI at 45.61 recovering from oversold conditions while moving averages suggest bearish pressure. Shiba Inu SHIB $0.000012 24h volatility: 3.8% Market cap: $7.06 B Vol. 24h: $199.17 M price found reliable support at $0.000012 on Tuesday, August 5, shedding 4% intraday amid a broader profit-taking wave. However,…