Tag: Support

Bitcoin Faces Pivotal Test As Bulls Aim To Reclaim Key Support

boss

The world’s largest cryptocurrency, Bitcoin (BTC), has struggled to maintain a foothold above the critical $60,000 price level in recent trading sessions, as the digital asset finds itself caught in a tug-of-war between bullish and bearish forces. After recovering from a dip below $49,000 earlier this month, Bitcoin has been vacillating around the $60,000 mark, unable to consolidate above this key psychological and technical threshold.  This price level has emerged as a battlefield between the bulls and bears, with the outcome poised to have significant implications for Bitcoin’s near-term trajectory.…

Shiba Inu Secures Community Support To Rally To $1, Here’s How

boss

The possibility of Shiba Inu rising to $1 is one crypto community members look to support. This follows a recent poll by the crypto exchange CoinW, which showed that others besides the SHIB community believe such a price target may be attainable.  Related Reading Shiba Inu Rising To $1 Gains Community Support In an X (formerly Twitter) post, CoinW made a poll asking community members which prediction for the top-ranked crypto tokens is likely to happen first. This included the prediction of Shiba Inu rising to $1, which showed that…

Decentralized Bitcoin Exchange Bisq 2 Adds Support for Lightning Network

boss

Bisq 2, the decentralized Bitcoin exchange, has announced the integration of the Lightning Network in its latest release, version 2.1.0. This update introduces faster and cheaper transactions, leveraging the Lightning Network’s off-chain capabilities. Alongside this, Bisq 2.1.0 also features a QR code scanner for easier address and invoice input, enhanced chat functionalities, and improved user […] Original

PEPE Selling Pressure Surges As Price Slips Under $0.00000766 Support

boss

Recent trading activities reveal that PEPE is under mounting selling pressure as its price falls below the critical $0.00000766 support level. This dip signals a further bearish move, with bears gaining control and eyeing further downside towards the $00000589. The break below this key level raises concerns among traders, as the possibility of deeper losses becomes increasingly likely. As momentum turns negative, this article aims to examine the implications of PEPE’s price slipping below a critical support level. It will delve into how this breakdown impacts market sentiment, and with…

Nigeria Court Freezes $38M of Crypto Allegedly Sent to Support Protests in the Country: Reports

Earlier this year, the Bank of Nigeria Governor Olayemi Cardoso said crypto exchange Binance had allowed $26 billion of funds to leave the country untraceably last year, hitting tax revenues. That kicked off a series of events that resulted in the detention of Tigran Gambaryan, a U.S. citizen and a Binance official, who had been invited to the country for talks about the dispute. Source

Tron Bullish Rebound At Support Level Signals Potential Upside To $0.1443

boss

Tron (TRX) is showing strong bullish momentum after a significant rebound at a key support level. This recent shift in momentum suggests that the $0.1443 target is now within reach. As the bullish optimism around Tron’s price continues to grow, traders are closely watching to see if the price could sustain its bullish momentum to reach the $0.1443 level. In this article, we will analyze Tron’s current price movement following the rebound at $0.1259, evaluate the significance of the $0.1443 target, and assess implications for future growth. Tron is currently…

New Rival Has Gained Massive Support From Doge Holder For Its 530x Gains

boss

News of a new rival gaining traction among Dogecoin (DOGE) holders is making waves. The spotlight is on Mpeppe (MPEPE), a rising memecoin that’s drawing significant interest for its potential to deliver impressive returns. As the cryptocurrency landscape continues to shift, here’s why Mpeppe (MPEPE) is becoming the talk of the Dogecoin (DOGE) community and how it aims to outshine its competition. A New Contender in the Memecoin Arena Dogecoin (DOGE) Supporters Eye Mpeppe (MPEPE) for Explosive Gains Dogecoin (DOGE) has long held its ground as a leading memecoin, celebrated…

Bitcoin Price Tests Support: Will It Bounce Back Stronger?

Bitcoin price failed to clear the $61,500 resistance zone. BTC is now retesting the $58,000 support and might attempt a fresh increase. Bitcoin started a fresh decline from the $61,500 resistance zone. The price is trading below $60,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $59,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might attempt a fresh increase if it stays above the $58,000 zone. Bitcoin Price Holds Support Bitcoin…

Eigenlayer Introduces Permissionless Token Support, Expanding Crypto Economic Security Options

Eigen Labs has announced an upcoming update to the Eigenlayer protocol, introducing Permissionless Token Support. This feature aims to broaden the range of ERC20 tokens that can be utilized as restakable assets, enhancing the crypto economic security of decentralized networks. Permissionless Token Support Is Coming to Eigenlayer Eigen Labs revealed it is set to release […] Source CryptoX Portal

Experts Watch Key Support Level As Price Hits 2-Year Low

boss

MATIC, Polygon’s native token, recently suffered a significant price decline amid a broader market downturn. The token dropped over 20% in the past month, reaching its lowest price level in two years. As the market recovers, some analysts have made a bullish case for the token but warned of a key level to watch. Related Reading MATIC Hits Two-Year Low Levels Over the past few months, MATIC has registered a steady decline from its one-year high of $1.27. Since July, the token’s price has retraced 20.5%, falling from the $0.55…