Tag: Support

Bitcoin dip buyers nibble at BTC range lows but are risk off until $90K becomes support

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Bitcoin’s (BTC) realized market cap reached a new all-time high of $872 billion, but data from Glassnode reflects investors’ lack of enthusiasm at BTC’s current price levels. In a recent X post, the analytics platform pointed out that despite the realized cap milestone, the monthly growth rate of the metric has dropped to 0.9% month over month, which implied a risk-off sentiment in the market. Bitcoin realized cap net position. Source: X.com Realized cap measures the total value of all Bitcoin at the price they last moved, reflecting the actual…

Crypto Exchange Upbit Triggers Explosive Rally for Wallet-Focused Altcoin After Adding Support

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The South Korean crypto exchange Upbit has announced a new listing for a wallet-focused altcoin, triggering explosive price action. According to a new announcement, Upbit is supporting Wallet Connect (WCT) for trading over the Optimism (OP) network on its platform starting Wednesday. The project, launched in 2018, is a Web3 communications open-source protocol that aims to connect crypto wallets to decentralized applications (DApps) through encrypted connections using QR code scanning and deep linking. “Traditionally, connecting wallets to apps on the blockchain required complex steps, which often discouraged new users and…

Over 1.9M Ethereum Positioned Between $1,457 And $1,598 – Can Bulls Hold Support?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum is trading above the $1,500 mark after a week of heightened volatility and continued global trade uncertainty. Macroeconomic tensions — driven by tariffs, shifting policies, and weakened investor…

Fed’s Powell reasserts support for stablecoin legislation

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As digital assets gain mainstream adoption, establishing a legal framework for stablecoins is a “good idea,” said US Federal Reserve Chair Jerome Powell. In an April 16 panel at the Economic Club of Chicago, Powell commented on the evolution of the cryptocurrency industry, which has delivered a consumer use case that “could have wide appeal” following a difficult “wave of failures and frauds,” he said. Powell delivers remarks at the Economic Club of Chicago. Source: Bloomberg Television During crypto’s difficult years, which culminated in 2022 and 2023 with several high-profile…

Bitget Launches Industry-First On-Chain Affiliate Program With 40% Rebates to Support Content Creators

This content is provided by a sponsor. PRESS RELEASE. Victoria, Seychelles, 16 April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has launched a groundbreaking addition to its affiliate program: the first-ever on-chain affiliate initiative in the crypto exchange sector, offering partners up to 40% in rebates alongside existing commission structures. This innovative […] Source CryptoX Portal

Bitcoin at Risk of Dropping to $75K if $83K Support Breaks, Chart Analysis Show

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin’s (BTC) recovery rally has stalled since Sunday, raising the risk of a bearish shift in key indicators. Since Sunday, the $86,000 mark has emerged as a resistance and supply zone, with bulls failing to keep gains above that level. The elusive breakout has raised the risk of a bearish realignment in key momentum indicators – the 50, 100- and 200-hour simple moving averages (SMA). The three averages stacked one below the other and trending…

Ethereum Metrics Reveal Critical Support Level – Can Buyers Step In?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum is trading above the $1,600 mark after a turbulent period marked by heightened volatility and growing uncertainty surrounding global trade policies. As US President Donald Trump’s tariff measures…

Dogecoin Price To Enter Phase E After Testing Last Point Of Support, Here’s The Target

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Crypto analyst Trader Tardigrade has provided an update on the Dogecoin price action. He revealed that the foremost meme coin is set to enter Phase E next, during which…

Cardano Could Drop To $0.54 If This Support Gives Out, Analyst Says

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An analyst has explained how Cardano is retesting the support line of a technical analysis (TA) pattern, losing which could spell a bearish outcome for the coin. Cardano Is Currently Trading Inside A Descending Channel In a new post on X, analyst Ali Martinez has talked about a pattern forming in the 3-day price of Cardano. The pattern in question is the Descending Channel from TA, which occurs when an asset observes consolidation toward a net downside between two parallel trendlines. The top line tracks successive lower highs in the…

Chainlink Just Retested Key Support – Here’s Where Price Could Be Headed Next

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My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…