Tag: Support

BNB Chain Launches $45M Airdrop to Support Memecoin Traders After Market Crash

Key Notes The compensation initiative distributes funds randomly rather than by trading volume, averaging approximately $281 per wallet. BNB price initially surged past $1,300 following the announcement but quickly reversed to $1,250 amid heavy selling pressure. The airdrop responds to the historic Oct. 11 crash that liquidated $19.35 billion across crypto markets in 24 hours. In a strategic effort to bolster its ecosystem, BNB Chain has announced a $45 million “Reload Airdrop” to support users affected by recent market instability. The initiative, launched with partner Four Meme, will distribute the…

Solana Risks Drop Below $200 After Losing This Key Support

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Amid the recent market volatility, Solana (SOL) has lost a crucial area for the first time in over a week, leading some analysts to forecast a potential drop toward the $200 support and below in the coming days. Related Reading Solana Pullback Eyes $200 Retest Solana fell from the $225 area and recorded a 6.6% intraday retrace below the $210 level for the first time in two weeks. Notably, the cryptocurrency has been trading within the $210-$245 levels over the past month, briefly losing this range during the late September…

SOL Tests Support at $220 — Can ETF Launch Fuel Rally?

Key Notes Following a healthy pullback, SOL price is showing signs of a bullish pattern, eyeing a strong breakout past $240. Grayscale’s proposed Solana ETF (GSOL) awaits SEC approval and will come with a 0.35% management fee. JPMorgan estimates the ETF could attract $1.5 billion in first-year inflows, reflecting growing institutional interest in Solana. SOL SOL $220.3 24h volatility: 0.5% Market cap: $120.24 B Vol. 24h: $7.05 B , the native cryptocurrency of Solana, is once again under the grip of broader market volatility. SOL price is now testing a…

Ethereum Loses Ground – Further Dips Could Expose Price To Key Support Zone

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Ethereum price started a fresh decline below $4,600 and $4,500. ETH is now moving lower and might extend losses below $4,250 in the short term. Ethereum started a downside correction below $4,550 and $4,500. The price is trading below $4,450 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $4,385 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below $4,250. Ethereum Price Dips Further Ethereum price failed to stay above…

Ripple (XRP) Price Forecast: Will $55M Leverage Support Prevent Breakdown to $2.50?

Key Notes Bulls concentrate $55 million in leveraged positions near $2.7, representing 58% of all active long contracts to prevent further decline. XRP liquidations totaled only $17 million compared to Bitcoin’s $188 million, showing traders covered positions rather than facing forced exits. Technical analysis reveals a double-bottom pattern forming between $2.6-$2.8 with potential rally to $3.6 if $3.1 resistance breaks. Ripple XRP $2.80 24h volatility: 3.5% Market cap: $167.36 B Vol. 24h: $5.39 B price tumbled 3%, trading as low as $2.78 on October 9, mirroring the broader market downturn…

ShapeShift Rolls Out Support for Shielded Zcash Transactions

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Multichain DEX aggregator Shapeshift announced support for shielded (private) transactions with the Zcash privacy cryptocurrency. According to a Thursday announcement shared with Cointelegraph, ShapeShift’s self-custodial decentralized exchange (DEX) aggregator and self-custodial wallet now support Zcash (ZEC) shielded transactions. The announcement comes as Zcash Community Grants allotted $50,000 to support ShapeShift’s technical and marketing investments. According to the announcement, with this move, the organization aims to “offer true privacy on-chain for its users.” This follows ShapeShift’s delisting of anoncoins, also known as privacy coins, in 2020 amid regulatory pressure. Still, this…

XRP Could Retest Triangle Support At $2.72, Analyst Warns

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XRP has been declining over the past few days, making a retest of this Descending Triangle’s lower boundary possible, according to an analyst. XRP Has Been Moving Inside A Descending Triangle Recently In a new post on X, analyst Ali Martinez has talked about where XRP may be heading next, based on a Descending Triangle. This technical analysis (TA) pattern forms when an asset’s price witnesses consolidation between two converging trendlines. The main feature of the pattern is that its lower trendline is parallel to the time-axis. This level acts…

XRP Price Slips Lower – Bears Could Trigger A Sharp Decline If Support Breaks

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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…

BNB Chain and YZi Labs Launch $1 Billion Fund to Support Blockchain Builders

Joerg Hiller Oct 08, 2025 14:13 BNB Chain, in collaboration with YZi Labs, has unveiled a $1 billion Builder Fund aimed at supporting blockchain innovators and enhancing the BNB ecosystem. In a significant move to bolster innovation within the blockchain sector, BNB Chain, in partnership with YZi Labs, has announced the launch of a $1 billion Builder Fund. This initiative aims to empower current and future developers leveraging BNB Chain’s infrastructure, according to BNB Chain. Focus on Long-term Innovation The Builder Fund…

Bitcoin Plummets To $120,600: This Could Be The Next Support

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Bitcoin has seen a pullback below the $121,000 mark in the past day. Here’s where the next support level could lie, according to on-chain data. Bitcoin Has Witnessed A Fast Plunge During The Last 24 Hours Bitcoin looked to be entering into an extended all-time high (ATH) exploration mode as it set multiple new records over the weekend and Monday, but the market has been delivered a Tuesday shock as the cryptocurrency has seen a quick crash back below $121,000. Compared to the new ATH around $126,200, Bitcoin is now…