Solana (SOL) could be facing one of its most critical technical tests in recent months, with crypto trader Jussy warning that a breakdown at a key level could trigger a collapse toward prices not seen since previous bear market cycles. With the cryptocurrency trading above this level and forming two bearish patterns across multiple timeframes, the analyst has set two major crash targets for SOL. However, only one of these patterns could lead to a staggering 50% decline to $30 once the price breaks. Solana Bear Flag Pattern Signals Crash…
Tag: Price
Bitcoin price rejects range high,threatens drop to $60,000
Bitcoin price has faced clear rejection near $69,000 resistance, reinforcing range-bound conditions and weakening short-term momentum. Loss of key volume support now increases the probability of a move toward $60,000. Summary Rejection at $72,000 value area high confirms resistance Loss of Point of Control signals bearish momentum $60,000 range low becomes next key downside target Bitcoin (BTC) price action remains confined within a broader trading range, with recent attempts to test the upper boundary failing to gain traction. The rejection near the value area high signals that buyers lack the…
BTC Price Dipped Despite $507M Spot ETF Inflows From BlackRock
BTC price is trading around $66,000, down roughly 3% in the last 24 hours. It briefly approached $70,000 earlier this week but failed to hold, slipping toward $66,000 amid renewed selling pressure. US spot Bitcoin ETFs saw $507 million in net inflows the prior day, with BlackRock’s IBIT alone taking in nearly $300 million, and over $200 million today but the price hasn’t followed suit. Despite strong institutional buying, this disconnect shows institutions accumulating steadily while retail traders and leveraged players take profits at key resistance levels like $67K–$70K. While…
Why The Bitcoin Price May Have Hit Rock Bottom Already At $63,000
Following the Bitcoin price crash toward $60,000 in early February, the question on the lips of every investor is when the bleed will end. To this end, a number of analysts have shared their expectations and predictions for where the Bitcoin bottom might be. Some have posited that the worst is over, while others have suggested that there are still more crashes to come. Following the latter trend, crypto analyst Plan C has shared why they believe the Bitcoin price has finally reached a bottom. Bitcoin 80-90% Crash Not Possible…
Bitcoin price holds above $66K support after ETF comeback, can it reclaim $70K next?
Bitcoin bulls managed to defend the $66K support level as the leading crypto asset reversed part of its strong gains yesterday that was partly fueled by a strong uptick in ETF inflows. Summary Bitcoin price rebounded from above $66,000 support as its ETFs resumed an inflow trend. A bearish flag pattern has formed on the daily chart. According to data from crypto.news, Bitcoin (BTC) price surged nearly 7% to roughly $70,000 on Thursday as investor sentiment for risk assets was boosted following the release of a bullish Nvidia earnings report…
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XRP Price Advances Steadily, Breakout Potential Sparks Bullish Optimism
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 Signals Fresh Rally Attempt, Traders Watch Key Levels
Ethereum price started a major rally above the $2,020 resistance. ETH is now consolidating gains and might aim for another increase above $2,050. Ethereum started a fresh upward move above the $1,980 zone. The price is trading above $2,000 and the 100-hourly Simple Moving Average. There is a new bearish trend line forming with resistance at $2,040 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,080 zone. Ethereum Price Dips To Support Ethereum price managed to…
Bitcoin Price Consolidates Above Support, Breakout Hopes Strengthen
Bitcoin price started a decent increase above $68,000. BTC is now consolidating above $66,250 and might aim for more gains above $68,800. Bitcoin started a fresh increase after it settled above the $67,200 support. The price is trading above $67,200 and the 100 hourly simple moving average. There is a new bearish trend line forming with resistance at $68,000 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 $66,250 levels. Bitcoin Price Dips To Support…
Bitcoin 5TH Wave Is Not Over Yet, And Price Could Still Crash To $52,000; Analyst Warns
Bitcoin is now inching towards $70,000, but there is enough to worry about around $64,000. Crypto analyst Tara expressed concern that Bitcoin’s fifth wave may not be complete, with a prediction that further downside could still be ahead. In a recent post on X, the analyst noted that the current move could either be the start or the final stretch of a fifth wave decline, and there’s still a possibility of the Bitcoin price falling to as low as $52,000. Double Bottom Support At $59,900 And $60,500 Technical analysis done…