Tag: Support

Expert Predicts WLFI Going To $0 Without Sun’s Support, Panic Selling Looms

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The launch of the World Liberty Financial platform’s native token, WLFI, was anticipated as a significant event in the cryptocurrency market, especially with backing from the Trump family.  However, just a day after its debut, the token’s price plummeted, sparking intense speculation regarding its major investors, particularly Justin Sun, the founder of the Tron blockchain. Alleged Manipulation By Justin Sun Market expert Quinten Francois provided insights into the WLFI launch, which initially priced at $0.20, reaching a market capitalization of $1 billion. Despite the excitement surrounding the launch, which generated…

ADA Bears Test Support, Bulls Eye $0.92 Breakout on Hoskinson Boost

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Cardano (ADA) has entered September with mixed signals. On-chain data from Santiment reveals that retail sentiment has dropped to its most bearish level in five months, with a bullish-to-bearish commentary ratio at just 1.5:1. Surprisingly, instead of collapsing, ADA has gained about 5% during this period. Related Reading This inverse correlation isn’t new. Earlier in August, when optimism spiked, ADA corrected sharply. When fear crept in mid-month, the token rallied. Analysts note that crowd sentiment often misleads, as smaller traders exit in frustration while larger investors accumulate quietly. That dynamic…

Bitcoin Finds Support At Short-Term Holder Cost Basis, But For How Long?

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Bitcoin has seen a rebound since retesting the short-term holder Realized Price, a sign that this historical on-chain support may be holding. Bitcoin Short-Term Holder Realized Price Just Acted As Support As explained by CryptoQuant author IT Tech in an X post, Bitcoin found support around the short-term holder Realized Price during the latest dip. The “Realized Price” here refers to an on-chain indicator that measures the cost basis of the average investor on the BTC network. When the price of the cryptocurrency is above this metric, it means the…

If This Key Support Fails, Bitcoin Could Plummet To $90,000, Warns Leading Analyst

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The recent downturn in Bitcoin prices has raised eyebrows among market analysts, with one prominent figure warning that the leading cryptocurrency could face a significant decline toward the $90,000 mark in the coming months.  As Bitcoin opened the month officially dropping below critical support levels, the market’s reaction remains tepid, suggesting that many investors have yet to fully grasp the severity of the situation. BTC’s Last Line Of Defense In a recent post on X (formerly Twitter), market analyst Doctor Profit highlighted key price levels associated with various holder groups:…

Dogecoin Analyst Forecasts 850% Price Rally in September as Traders Deploy $42M Support at $0.21

Key Notes DOGE futures volumes surged 119% to $5.36 billion while open interest dropped 4.7%, indicating strategic position reshuffling by traders. Critical support established at $0.21 with $42 million in leveraged long positions, creating potential launch pad for September breakout. Market analyst projects potential 850% rally targeting previous all-time highs above $2 if current support levels hold firm. Dogecoin DOGE $0.21 24h volatility: 5.1% Market cap: $31.28 B Vol. 24h: $2.54 B price gained renewed momentum on Monday as trading volumes jumped 150%, following the meme coin’s 10% monthly gain…

Litecoin Price Forecast: LTC Sell Pressure Wanes Golden Cross Support Halts $100 Reversal

Key Notes Litecoin price held steady at $110 on August 30 despite weekly losses nearing 10%. Derivatives data shows waning short-selling pressure as LTC futures trading volumes fell 33.8% to $596 million, with open interest flattening at $917 million. Golden cross support at $109 suggests a potential base for recovery if current liquidation trends continue through weekend trading. Litecoin price finds steady support at $110 on Saturday, August 30, with bulls battling to contain weekly losses just below 10%. Sustained profit-taking as the LTC price approached $120, and Bitcoin’s sharp…

Analyst Forecasts Bitcoin Price Will Break This Support Level, Can $100,000 Hold?

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The Bitcoin price is once again under heavy pressure in the market. An analyst has warned that the coin shows strong bearish signs after being rejected at a resistance level. The price has now fallen to a critical support area, where buyers are trying to hold the line. According to the analyst, if the level fails, the price could drop even lower, raising doubts about whether the key levels will remain safe. Analyst Says Bitcoin Price Turned Bearish After $121,000 Rejection The analyst explained that the bearish trend began when…

Bitcoin price loses key multiyear support trendline: A classic BTC fakeout?

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BTC could drop to $80,000 by 2025’s end if support breaks decisively, but analysts say that wouldn’t necessarily mark the start of a bear market. Key takeaways: Bitcoin is dropping below a critical multiyear trendline support, sparking bear market fears. One analyst sees the breakdown as a fakeout, however, suggesting that dips below $100,000 will serve as a buying opportunity. Read more Original

ETH Risks 10% Correction As $4.3K Support Is Tested

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Key takeaways: Ether slipped under $4,300 after failing to sustain momentum above $4,700, with $338 million in liquidations adding to the sell pressure. Analysts highlight $4,300 as a pivotal support, but the history of September weakness raises the risk of a 10% drawdown. An open interest contraction and negative funding rates suggest long positions are being flushed, which could set up a rebound if spot demand returns. Ether (ETH) failed to sustain momentum above the $4,700 resistance this week, slipping back under $4,300 region on Friday, where a critical ascending…

Crypto Whales Accumulate $350M in Ethereum as Price Tests Key Support Levels

Key Notes Arkham Intelligence identified four connected whale addresses purchasing $357.24 million ETH from institutional broker FalconX. Spot Ethereum ETF inflows reached $1.83 billion over five trading sessions alongside broader institutional crypto adoption. ETH tests critical support at $4,747 near 50-period EMA, with potential bottom formation since August 26 whale activity began. Four crypto whales have scooped up over $350 million of Ethereum’s native token, ETH, in the past two days, raising questions about what it means for its price. Whale is a moniker for large investors with the capacity…