Ethereum is currently under pressure inside a falling channel, consolidating after its recent rally. With $4,150 acting as key support, ETH seems to be preparing for a bounce back toward the $4,788 resistance and all-time high zone. ETH Holds Steady Near $4,190 As $4,150 Support Faces Test Ash Crypto, in his recent Ethereum 4H chart analysis shared on X, pointed out that ETH is currently trading around $4,190, holding just above the key $4,150 support zone. This level has been acting as an important cushion for price action. He further…
Tag: Support
Ethereum Altcoin Explodes 143% After Korean Crypto Exchange Upbit Abruptly Announces Trading Support
The South Korean crypto exchange Upbit has announced a new listing for a data feed-focused altcoin, triggering explosive price action. According to a new announcement, Upbit is supporting Api3 (API3) for trading over the Ethereum (ETH) network on its platform starting Tuesday. Amid the announcement from Upbit, API3 exploded from Monday’s low of $0.748 to Wednesday’s high of $1.82, a more than 143% gain. API3 has since retraced and is trading for $1.34 at time of writing, up 60.6% on the day. With a market cap of $169.72 million, API3…
Crypto Advocacy Groups Double Down On Support Of Prospective CFTC Chair
Several cryptocurrency and blockchain associations advocating for the industry are pushing for a “prompt confirmation” of Brian Quintenz as chair of the US Commodity Futures Trading Commission (CFTC). In a Wednesday letter to US President Donald Trump, representatives from several crypto organizations reiterated their support for Quintenz’s confirmation in the Senate following the president’s nomination. Signatories included the Crypto Council for Innovation, Blockchain Association, Decentralization Research Center, DeFi Education Fund, The Digital Chamber, Satoshi Action Fund and Solana Policy Institute The advocacy organizations argued that Quintenz was “exceptionally well-suited” to…
TRX Price Holds $0.35 Support as Justin Sun’s Tron Network Announces Metamask Integration
Key Notes Strategic MetaMask integration positions Tron for enhanced global accessibility and potential adoption growth across regions. Trading volume surged 10% to $1.25 billion following the partnership announcement despite widespread market weakness. Technical analysis suggests potential upside toward $0.37-$0.40 if current support levels hold above $0.34 moving average. Tron Network confirmed a strategic partnership enabling TRX to integrate directly into MetaMask, the world’s leading self-custodial crypto wallet. This move significantly strengthens user accessibility and increases the likelihood of higher on-chain adoption. “With TRON’s strong presence in Asia, this integration also…
Shiba Inu Burn Rate Plunges 98% as SHIB Price Loses 20-Day Support
Key Notes SHIB declined 6% over two days, reaching $0.000012 as Ethereum ETFs experienced massive $255 million in sell-offs. Token burn activity collapsed by 98.89% to just 223,914 SHIB destroyed, signaling reduced network participation. Technical analysis shows bearish momentum with SHIB trading below the 20-day moving average at critical support levels. Shiba Inu SHIB $0.000012 24h volatility: 5.2% Market cap: $7.13 B Vol. 24h: $223.28 M price shed another 4% on Tuesday, extending its two-day decline to 6% and falling to $0.000012 for the first time in 13 days. As…
Bitcoin Bulls Are Safe From Losing $100,000 Support, Says Analyst
Key points: Bitcoin is safe from breaking below $100,000 for the rest of the current bull market, analyst BitQuant believes. The latest predictions hint that $145,000 is still in play for BTC price. A new dip below $114,500 closes a CME futures gap in place since July. Bitcoin (BTC) will not “come close” to $100,000 during the current correction with new all-time highs still to come. The latest predictions from popular X analyst BitQuant give hope to nervous traders, and include a $145,000 BTC price target. BitQuant hints road to…
Solana (SOL) Falls Below Support, Will Bears Extend the Decline?
Solana started a fresh decline from the $210 zone. SOL price is now showing bearish signs and might decline below the $172 support zone. SOL price started a fresh decline after it failed to clear $210 against the US Dollar. The price is now trading below $185 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $188 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $188 resistance…
Market Absorbs LTH Selling Without Breaking Support
Bitcoin is trading at a decisive level after surging to fresh all-time highs, touching $124,000 before pulling back. Bulls remain in control, but the market now shows signs of hesitation, with BTC struggling to confirm momentum above $120,000. This price action reflects indecision among traders as the market balances profit-taking with renewed accumulation. Related Reading On-chain data highlights a key shift in dynamics. After a sharp increase in the 30-day average Coin Days Destroyed (CDD) — a metric often used to track long-term holder activity and selling pressure — the…
Solana (SOL) Defends Critical Support Zone, Preparing for Next Major 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…
XRP Price Slides to Support, Is a Fresh Increase Coming Soon?
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…