Tag: Support

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…

USDT Coming to Bitcoin: Tether Partners with RGB Protocol for Native Bitcoin Stablecoin Support

Key Notes RGB protocol integration enables USDT to operate natively on Bitcoin with offline transaction capabilities. Lightning Network collaboration will provide enhanced privacy and instant settlement features through client-side validation. Tether continues expansion efforts alongside record profits and $167.33 billion market cap achievement in Q2 2025. Tether has announced plans to launch its dollar-pegged USDT stablecoin on the Bitcoin network via the RGB protocol service. According to an Aug. 28 press release, launching USDT via RGB “opens the door for stablecoins to exist natively on Bitcoin” and will allow users…

Bitcoin Keeps Slipping Down: Is $107,000 The Next Support?

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On-chain data shows Bitcoin is fast approaching the cost basis of the short-term holders, a retest of which could potentially change the asset’s course. Bitcoin Is Nearing The Short-Term Holder Realized Price As pointed out by CryptoQuant author Axel Adler Jr in a new post on X, Bitcoin could be closing in on the Realized Price of the short-term holders. The Realized Price here refers to an on-chain indicator that measures the cost basis of the average investor or address on the BTC network. When the cryptocurrency’s spot price is trading…

Support Builds Around $100K Level

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Bitcoin is facing a pivotal moment as it consolidates just above the $110K level after slipping below the $112K support yesterday. Bulls are attempting to hold this level to avoid further downside and to spark a recovery rally. However, many analysts remain cautious, pointing out that momentum has weakened since Bitcoin’s all-time high just over a week ago, with the market now retracing more than 10%. Related Reading Top analyst Axel Adler shared critical insights, highlighting that the nearest strong support lies within the $100K–$107K range. This zone is particularly…

Bitcoin Correction Risks Deepen With $105,000 As Critical Support

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Following another unsuccessful attempt to create a new all-time high (ATH), Bitcoin (BTC) dropped to a weekly low of $110,820 on the Binance exchange yesterday. The world’s largest cryptocurrency by market cap has now entered a clear pullback phase, with $105,000 emerging as the critical support level that traders are closely watching. Bitcoin Falls To $110,000 Amid Market Pullback According to a CryptoQuant Quicktake post by contributor BorisD, Bitcoin’s current distribution phase could extend for several more days. Wallet accumulation and distribution patterns highlight stronger sell-offs among BTC whales, raising…

Bitcoin Price Risks Drop Below $110K if Key Support Levels Are Lost

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Key takeaways: Bitcoin price is down 11% from its all-time high, dropping to $111,000 on Monday. $108,000 is a short-term target for the bears, with some BTC analysts predicting a drop to $95,000. Bitcoin (BTC) sellers emerged again on Monday as the drop to $111,000  resulted in a large liquidation of leveraged long positions across the cryptocurrency market. BTC/USD daily chart. Source: Cointelegraph/TradingView Bitcoin tumbles below $112,000, wiping out longs Bitcoin price fell as low as $111,300 on Monday, reversing Friday’s spike fueled by Fed Chair Jerome Powell’s dovish speech,…

Dogecoin Price Technicals Confirm Support, Mid-Term Target Now $1.85

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Technical analysis shows Dogecoin is about to confirm a support on the weekly candlestick timeframe chart after managing to hold up above $0.21 in the past week. After several weeks of mixed sentiment between bulls and bears, Dogecoin’s price action now seems to be shifting in favor of buyers, and price action on the weekly timeframe is now showing a convincing bullish setup.  This trend was highlighted in a technical analysis from TradingView analyst MasterAnanda, who noted that Dogecoin’s confirmation above some exponential moving averages is key to a midterm…

Bitcoin On-Chain Model Reveals Critical Support At $104,000-$108,000

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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…

Cardano Price Squeezed Between Support And Resistance – Market Awaits Next Leg

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Cardano’s price is caught in a tight range, holding above key support while facing resistance overhead. With momentum weakening, will ADA break higher or slide back toward lower levels in its next decisive move? Bearish AB=CD Pattern Completed With Rejection At $0.95 Alpha Crypto Signal, a crypto analyst on X, recently shared insights on Cardano’s price action, noting that ADA has just completed a bearish AB=CD pattern on the daily timeframe. The rejection around the $0.95 level confirms this setup, suggesting that the market may be preparing for a corrective…

XRP Price Declines Again, Key Support Tested as Risks Increase

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…