Bitcoin is facing renewed selling pressure after losing the key $70,000 level, a breakdown that has pushed the market into a more defensive phase. The inability to hold this psychological support has weighed on sentiment. With traders increasingly cautious as volatility rises and liquidity conditions remain uncertain. Price action near the mid-$60,000 range now represents a critical zone where market participants are assessing whether the current move is a deeper correction or simply another consolidation phase within the broader cycle. Related Reading On-chain data highlighted by analyst Axel Adler adds…
Tag: Price
XRP Price Steadies Above Support, Break Higher Or Fade Again?
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 Cracks $2,000, Opening Door To Deeper Selloff
Ethereum price started a fresh decline and traded below $2,000. ETH is now consolidating and remain at risk of another decline below $1,950. Ethereum struggled to extend gains above $2,020 and corrected lower. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1,980 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,020 zone. Ethereum Price Dips Further Ethereum price failed to stay above…
Bitcoin Price Bleeds Lower With $65K Becoming The Battleground
Bitcoin price failed to stay above $70,000 and started another decline. BTC is now trading below $68,800 and might extend losses in the near term. Bitcoin is slowly moving lower below $68,800 and $68,000. The price is trading below $68,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $68,200 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 $65,000 levels. Bitcoin Price Dips Again Bitcoin price…
Ondo Integrates Chainlink Price Feeds for Tokenized US stocks on Ethereum
Ondo Finance said its Ondo Global Markets platform has integrated Chainlink as its official data oracle, enabling price feeds for tokenized US stocks including SPYon, QQQon and TSLAon to go live on Ethereum. According to a post from Ondo on Wednesday, the feeds are now being used on Euler, where users can post the tokenized equities as collateral to borrow stablecoins. The integration provides onchain pricing data for the tokenized assets, allowing decentralized finance (DeFi) protocols to set collateral parameters and manage liquidations based on reference prices tied to the…
Bitcoin, Altcoins Consolidate In Search Of New Price Floor
Key points: Bitcoin spot selling keeps a $60,000 retest open as a short-term outcome. Several major altcoins risk resuming the downtrend, indicating a negative investor outlook. Bitcoin (BTC) has again come under pressure, dropping below the $66,000 level during the early hours of the US trading session. According to Kaiko Research, a 52% retracement from the all-time high was “unusually shallow,” and a drawdown of 60% to 68% was more in line with previous bear market cycles. That suggests BTC might bottom between $40,000 and $50,000. BTC seems to have…
XRP price could fall below $1 if Bitcoin reaches this level
Cryptocurrency analyst TARA has forecast that XRP could decline below the $1 psychological support level, citing the altcoin’s correlation to Bitcoin’s price movements, according to a social media post. Summary Analyst TARA warns XRP could drop below $1 if Bitcoin experiences a near-term correction, citing correlation with Bitcoin and key Fibonacci support levels. Another analyst, CasiTrades, sees XRP in a Wave 4 relief bounce, with potential lower targets if key retracement levels fail to hold, but notes these levels may offer long-term buying opportunities. Despite short-term downside risks, both analysts…
Analyst Wans XRP Price Could Crash Below $1 If Bitcoin Reaches This Level
Crypto analyst TARA has predicted that the XRP price could still crash below the psychological $1 level. This came as she drew the altcoin’s correlation to Bitcoin’s price action, while highlighting how a BTC crash could also push XRP to as low as $0.87. XRP Price Could Drop To $0.87 If Bitcoin’s Crash Deepens In an X post, TARA stated that a Bitcoin crash to $52,200 would bring the XRP price down to its .786 support at $0.87. She noted that this level is also the .618 extension and the…
Here’s Why The XRP Price Has Been In A Consistent Downtrend Since 2025
On-chain data from Glassnode has unveiled the reason why the XRP price has been in a persistent downtrend since 2025. Notably, the XRP price crashed from its high above $3 last year and has been falling ever since. While many in the crypto space believed XRP could eventually reclaim the $3 level, the cryptocurrency has continued to struggle, shedding more gains each month amid broader market weakness and a shift in sentiment. Why The XRP Price Has Been Declining Since 2025 Glassnode has attributed XRP’s prolonged price correction since 2025…
Why Bitcoin price gartley pattern signals potential move toward $80,000
Bitcoin price action is beginning to resemble a developing Gartley harmonic pattern, raising the probability of a technical reversal toward the $80,000–$82,000 region if key Fibonacci support holds. Summary Gartley harmonic structure is developing, targeting the $80,000–$82,000 zone 0.618 Fibonacci support remains intact, defining a potential higher low Bullish volume confirmation is required, for the reversal thesis to play out Bitcoin (BTC) has spent recent sessions consolidating after a sharp corrective move, with price behavior on the intraday timeframe beginning to form a recognizable harmonic structure. While broader market sentiment…