Tag: Support

Bitcoin Eyes Bounce off This Support Level In Reversal Campaign For $121,000

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Bitcoin looks to be on the verge of a breakdown after rallying to $123,000 all-time highs earlier in the month. This reversal has taken the market by surprise, with the altcoin market, once again, bearing the brunt of the losses. Now, as the Bitcoin price reaches an important level, the questions of whether this is the start of a bear trend or if there will be a bounce in price have become more urgent. Bitcoin Trends Low After New Highs After the reversal back into the $117,000 levels, crypto analyst…

Bitcoin Futures Unchanged As BTC Falls Near Support

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Key takeaways: Bitcoin options and futures data suggest traders are neutral despite a 7% drop from the peak. Stablecoin demand in China remains steady, showing marginal fear in crypto markets. Bitcoin (BTC) dropped 4% between Thursday and Friday, falling below $115,000 for the first time in two weeks. The correction coincided with the monthly derivatives expiry, which wiped out $390 million worth of futures contracts, equivalent to 14% of open interest.  To determine if this event altered traders’ longer-term expectations, it’s important to examine Bitcoin futures and options indicators. Bitcoin…

Solana In The Danger Zone – Will $175 Support Hold Or Collapse?

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Solana is treading on thin ice as it tests a crucial support zone between $175 and $177, a range that could decide its next big move. After a sharp rejection near $190, selling pressure is mounting, raising the stakes for bulls trying to defend this key area.  Momentum Fades: Solana Slips Below Key Moving Averages According to GemXBT in a recent post, Solana (SOL) is currently trending downward, showing signs of sustained bearish pressure. The price has slipped below critical short-term moving averages such as the 20 MA, 10 MA,…

ATOM Surges 7% After Sharp Plunge to $4.47 Support Level

After a heavy bout of selling pressure during the early hours of July 24, ATOM demonstrated impressive resilience, rebounding from an intraday low of $4.47 to close the session at $4.77. The 7% swing within 24 hours—defined by a peak at $4.82 and a low at $4.47—was supported by heavy volume exceeding 2.28 million units, signaling strong interest at the lower boundary. The rapid absorption of sell-side pressure and the subsequent recovery reflect a robust technical foundation, with $4.47 now emerging as a…

Sui Blockchain Enhances Data Access with Full Beta gRPC Support

Felix Pinkston Jul 24, 2025 17:01 Sui Blockchain introduces full beta support for gRPC, enhancing data access and real-time streaming capabilities, marking a shift from JSON-RPC to a more efficient and scalable API. Sui Blockchain has announced the full beta launch of gRPC support on its Full Nodes, marking a significant advancement in its data infrastructure capabilities. This development aims to provide a faster, more reliable, and developer-friendly way to access blockchain data, according to Sui Foundation. gRPC: A New Era for…

Societe Generale to support 21Shares Crypto ETPs: Growing Blockchain Ambitions?

Societe Generale, the world’s 19th-largest banking conglomerate by assets, is partnering with cryptocurrency asset manager 21Shares to provide liquidity for its crypto-based exchange-traded products (ETPs) in European markets. As part of the partnership, Societe Generale will provide liquidity and market-making services for 21Shares’ cryptocurrency ETPs for investors in Germany and Eastern Europe. The European banking giant will provide over-the-counter (OTC) liquidity to support the trading of 21Shares’ Bitcoin (BTC) and Ether (ETH) ETPs, including its ABTC, CBTC, AETH and CETH-tickered funds, 21Shares announced on Wednesday. The bank’s involvement is expected…

BONK Tests Support Levels After High-Volume Drop

BONK has endured heavy selling pressure during the last 24 hours, with the Solana-based meme token falling 4% from $0.000035 to $0.000033. A volatile trading range of $0.000014 defined the session as investors digested elevated valuations and market-wide positioning shifts. The asset reached an early peak of $0.0000377 at 02:00 UTC, but efforts to extend higher were met with pronounced resistance around the $0.000038 level. This price ceiling coincided with a significant surge in trading activity, with volume climbing above 2.66 trillion tokens, more than double the 24-hour average, according…

Dogecoin Retests Crucial Support Following 8.6% Drop – Here Are The Levels To Watch

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Dogecoin (DOGE) has retraced alongside the rest of the market to retest a crucial level as support. Some analysts suggest that holding its current price range would set the stage for reclaiming the next key area. Dogecoin Retests Breakout Levels On Wednesday, Dogecoin momentum saw a momentary pause as Bitcoin and most of the market’s rally slowed down. The leading memecoin has recorded a massive run over the past week, increasing over 25% in the last seven days. At the start of the month, DOGE recovered from the June pullback…

TRX Price Holds $0.30 Support While XRP, ADA Face Double-Digit Losses

Key Notes TRX leads top altcoin performance with minimal 1% loss while major competitors face double-digit declines exceeding 10%. Tron’s market capitalization reaches $29.3 billion, officially surpassing Cardano’s valuation for the first time this quarter. On-chain data reveals stable stablecoin deposits at $82 billion, indicating fund rotation rather than mass crypto exits. Tron TRX $0.31 24h volatility: 1.5% Market cap: $29.27 B Vol. 24h: $4.88 B traded at $0.306 on Monday, sliding 1% intraday, but still posted the best performance among top 10 altcoins. In contrast, Ripple XRP $3.17 24h…

ADA Holds Critical $0.75 Support After Open Interest Drops 9.48% – Rally or Crash Ahead?

Key Notes Long position closures drove ADA’s decline, with open interest falling 9.48% and options volume dropping 92.94%. The $0.75 support level aligns with the 20-day Keltner Channel baseline and represents crucial technical defense. Holding above $0.75 could enable a recovery toward $1.00, while failure may trigger a slide to $0.70. Cardano ADA $0.82 24h volatility: 7.0% Market cap: $29.56 B Vol. 24h: $1.68 B led losses in the altcoin market on July 23, tumbling 10.23% intraday to a low of $0.82. Behind Ripple XRP $3.22 24h volatility: 8.8% Market…