On-chain analytics firm CryptoQuant has pointed out how Bitcoin has tended to revisit or stay below the Realized Price in past bear markets. Currently, this level is located at $54,000. Bitcoin Hasn’t Gone Below Realized Price This Cycle In a new post on X, CryptoQuant has talked about what the Realized Price is telling us about Bitcoin right now. The “Realized Price” here refers to an on-chain indicator that keeps track of the cost basis or acquisition level of the average investor on the BTC network. When the spot price…
Tag: Price
XRP Price Turns Soft, Red Signals Renewed Bearish Pressure
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 Drops Near $2,020, Downside Pressure Continues to Build
Ethereum price failed to clear the $2,200 zone and declined. ETH is now consolidating above $2,020 and might struggle to start a recovery wave. Ethereum started a fresh decline from the $2,200 zone. The price is trading below $2,120 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2,135 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,120 resistance. Ethereum Price Dips Further Ethereum price failed to stay…
Bitcoin Price Breaks Below $70K, Sellers Eye Further Downside
Bitcoin price failed to stay above $70,500 and declined further. BTC is now consolidating below $70,500 and might continue to move down. Bitcoin started a fresh decline from well above the $71,200 zone. The price is trading below $70,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $70,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $70,000 and $70,500 levels. Bitcoin Price Dips Further Bitcoin price…
Analyst Reveals The Plan For XRP Price Using The Bitcoin Chart
A market analyst has released a new XRP price analysis, using the Bitcoin (BTC) chart and price action as the basis for her outlook. The analyst’s near-term outlook for XRP is bearish, with ongoing market volatility and shifting sentiment posing challenges. While she highlights potential downside targets, the analyst also applies Elliott Wave theory to pinpoint resistance levels, indicating areas where XRP could decline to. Market analyst Tara has shared her plan for XRP, drawing on patterns she observed on the Bitcoin chart. In her post on X, Tara outlined…
Bittensor’s TAO Price May Plunge 40% Within Five Weeks: Fractal Data
The latest 160% rally in Bittensor (TAO) shows signs of exhaustion as it forms a golden-cross pattern on the chart that previously preceded steep corrections. TAO/USD daily chart. Source: TradingView Key takeaways: TAO prints a golden cross that has preceded 40% drawdown on average in the past. Social volume for Bittensor is high, but retail euphoria remains muted. TAO price risks 40% drawdown in the coming weeks As of Thursday, March 26, TAO’s 20-day exponential moving average (20-day EMA, the green line) was crossing above its 200-day exponential moving average…
The Bitcoin Price Bottom Is Close, But There Is Still A Crash Below $60,000 Left
Bitcoin may be moving closer to the kind of long-term support zone that has characterized major bottoms in past cycles, but one technical analyst believes the market has not reached that moment just yet. An interesting technical analysis points to Bitcoin’s weekly moving averages as the clearest guide for where this decline could finally exhaust itself. That setup shows that the current price action may be narrowing to form a bottom, even though one more leg lower below $60,000 could still come first. Bitcoin Has Already Entered A Late-Stage Correction…
Ethereum Accumulation Map Reveals Price Roadmap To $20,000
Crypto analyst Crypto Patel has revealed an Ethereum accumulation roadmap indicating the altcoin could rally as high as $20,000. This comes as ETH continues to struggle around the $2,000 level amid the U.S.-Iran war, which has dragged on for almost a month now. Analyst Reveals Ethereum Accumulation Roadmap With $20,000 Price Target In an X post, Crypto Patel revealed Ethereum’s accumulation roadmap, in which he described the $1,800 to $1,400 range as the best accumulation zone. He highlighted $4,700 as the major resistance and breakout level. Meanwhile, the targets for…
Bitcoin Stares Down Recession as BlackRock CEO Joins Oil Price Warnings
Bitcoin (BTC) faces a new macro test as markets increasingly bet on the US entering recession in 2026. Key points: Bitcoin could face a new challenge in the form of its first recession after the COVID-19 crash. US recession odds surge as BlackRock CEO Larry Fink warns over oil prices. Bitcoin’s high correlation with “extremely oversold” stocks continues. Moody’s puts 12-month recession odds near 50% Data highlighted this week by Axel Adler Jr., a contributor to onchain analytics platform CryptoQuant, shows recession odds nearing 50%. Bitcoin’s next bull run could…
Bitrue Says XRP Price Should Already Be At $10
Crypto exchange Bitrue made a bold claim Tuesday: XRP is trading at a fraction of where it belongs. With the coin sitting around $1.42, Bitrue put the fair value at $10 — more than seven times its current price and a market cap that would top $610 billion. Related Reading Derivatives Data Tells A Different Story Than The Price Chart The numbers in the futures market are raising eyebrows. XRP’s open interest climbed to $2.60 billion, a 7% jump in a single day, according to data from CoinGlass. That kind…