Tag: Support

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…

XRP Price Dips Below Support – Is A Bearish Breakdown Now Underway?

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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…

Bitcoin Defends $108,000 Support Amid Whale Selling In September

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Bitcoin (BTC) showed resilience over the last weekend as it defended the crucial $108,000 support level amid heightened whale selling on leading crypto exchanges around the world, including Binance. Bitcoin Survives September Whale Selling Pressure According to a CryptoQuant Quicktake post by contributor Arab Chain, September was marked by clear fluctuations between Bitcoin’s attempts to rally and exposure to selling pressure by whales and long-term holders. Binance trading volume data confirms this. Related Reading Arab Chain highlighted Binance’s Exchange Inflow Coins Days Destroyed (CDD) indicator, which showed significant volatility throughout…

Flip These ‘Key’ Moving Averages To Support

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Key points: Bitcoin faces three moving averages in the same place on the daily chart after its early-week gains. The monthly and quarterly close make reclaiming these all the more important, analysis suggests. Multiple catalysts for BTC price volatility are lining up this week. Bitcoin (BTC) is battling three “key” moving averages at once, and the bull run may depend on beating them. New analysis released Monday from Keith Alan, co-founder of trading resource Material Indicators, tells traders to watch the next daily closes. Bitcoin bulls attempt three support flips…

Can SOL Hold $207 Support?

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Institutional confidence in Solana (SOL) remains strong, making it one of the stable altcoins in the market. Treasury wallets now hold over 20.9 million SOL, roughly 3.64% of the total supply, indicating that large investors are increasingly viewing SOL alongside Bitcoin and Ethereum as part of diversified crypto portfolios. Related Reading Companies like Forward Industries and Brera Holdings have disclosed their asset exposure, while ARK has added Solana-related equities and continues to emphasize the network’s expansion. Meanwhile, speculation about a potential Solana staking ETF has gained momentum; if approved, it…

XRP Holds Key Support as Institutions Accumulate and ETF Filing Sparks Debate

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XRP has entered a pivotal phase as institutional adoption increases and regulatory clarity reshapes its market prospects. Related Reading The resolution of Ripple’s case with the U.S. Securities and Exchange Commission (SEC) in March 2025 cleared a long-standing obstacle, confirming that XRP is not a security in secondary transactions. This milestone has motivated major institutions to get involved. XRP ETF Launch and Institutional Catalysts Drive Rally The debut of the REX-Osprey XRP ETF (XRPR) marked a notable regulatory shift, with $37.7 million in first-day trading volume. BlackRock’s partnership with Ripple…

XRP Support Holds as ETFs Await SEC’s Decision, Price to $3.15?

Key Notes XRP price is holding a key support near $2.70, gaining 3% on September 29. Multiple XRP ETF proposals face crucial SEC decision deadlines throughout October. Analysts see potential for a rally toward $3.15 if bullish momentum strengthens. XRP XRP $2.87 24h volatility: 3.2% Market cap: $171.77 B Vol. 24h: $3.86 B is showing impressive resilience against sellers, trading near the $2.86 mark with a 3% daily gain on Sept. 29. Market watcher Ali Martinez noted that the cryptocurrency has tested the $2.70 support level five times since August…

Bitcoin Loses $110,000 Support But Risk Signal Says Market Is Safe

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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

SUI Retest Key Support Amid 8% Drop – Bounce Or Breakdown?

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SUI is attempting to hold a crucial area as support amid the recent market downturn. Some analysts suggest the altcoin’s price is retesting a make-or-break level that will determine the direction of its next big move. Related Reading SUI Hits Two-Month Low On Thursday, SUI is retesting the local range lows after an 8% daily drop from the $3.40 area to a key support level. The recent market pullbacks have momentarily halted most bullish rallies, sending leading cryptocurrencies like Ethereum (ETH) to an eight-week low of $3,800. Now, SUI’s rally,…

Bitcoin Price Breaks Down – Support Fails As Traders Question If Bulls Return

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Bitcoin price extended losses after it traded below $112,500. BTC is now consolidating losses and might decline again to test the $108,500 support zone. Bitcoin started a fresh decline below the $112,500 zone. The price is trading below $111,500 and the 100 hourly Simple moving average. There are two bearish trend lines forming with resistance at $110,500 and $113,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it stays below the $113,000 zone. Bitcoin Price Dips Further Bitcoin…