Tag: Support

Cardano Holds Crucial Support At $0.77 – Massive Rally Ahead?

boss

Este artículo también está disponible en español. Cardano (ADA) has faced a challenging period, experiencing a sharp 42% correction since reaching a multi-year high of $1.32 in early December. This significant decline reflects the broader market uncertainty, with increased selling pressure and cautious investor sentiment weighing heavily on ADA’s price. Despite this, on-chain data suggests a shift in dynamics, hinting at a potential recovery for the embattled cryptocurrency. Related Reading Top analyst Ali Martinez has highlighted key metrics indicating whale accumulation in recent weeks, adding a layer of optimism to…

Will $93,257 Support Hold Or Break Below?

boss

Este artículo también está disponible en español. Bitcoin stands at a critical crossroads, with its price hovering near the crucial $93,257 support level. This key price point has acted as a stronghold for the cryptocurrency during its recent ascent, but now, the market is facing mounting pressure. Bearish strength is starting to gain traction, raising concerns that the $93,257 level might soon give way to further declines. The Relative Strength Index (RSI) is beginning to show signs of weakness, suggesting that momentum is shifting in favor of the bears. If…

Price Waves Reveals Pivotal AVAX Support At $31

boss

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…

Bitcoin Price Retests Support Line After Crash Below $95,000, Here’s The Next Target

Este artículo también está disponible en español. The Bitcoin price has struggled to reclaim previous price highs above $100,000, with bearish sentiment dominating the market. Currently, the Bitcoin price is retesting the support line of an Ascending Channel after crashing below $95,000. A crypto analyst has predicted that if it can hold this key support level, it could stage a recovery and skyrocket to its next bullish target, aligning with the upper resistance line of the channel.  Bitcoin Price Retest Support Line; New Target In Sight In a chart illustrating…

Dogecoin (DOGE) Steadies Above Support: Can It Build Momentum?

boss

Dogecoin revisited the $0.30 support zone against the US Dollar. DOGE is now consolidating and might gain traction if it clears the $0.3165 resistance. DOGE price started another decline and traded toward the $0.300 level. The price is trading below the $0.320 level and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $0.3165 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could gain momentum if it clears the $0.3165 and $0.320 resistance levels. Dogecoin Price Revisits…

ONDO Faces 30% Correction Risk If It Loses $1.46 Support – Top Analyst

boss

Este artículo también está disponible en español. Ondo Finance has faced significant challenges in recent weeks, with its price dropping over 30% from its all-time high of $2.14. Despite the recent downturn, many analysts remain optimistic about ONDO’s potential for recovery, citing its strong performance earlier this cycle as evidence of its resilience. As one of the top-performing altcoins, ONDO has consistently attracted investor attention, leading to speculation about its next move. Related Reading However, caution is warranted. Renowned analyst Ali Martinez recently shared a technical analysis warning that ONDO…

Here Are The Major Bitcoin Support Levels To Watch As Bulls Push For $100,000 Again

boss

Este artículo también está disponible en español. Crypto analyst Trade PSH has revealed the major Bitcoin support levels to watch out for as BTC bulls push for a rally to the psychological $100,000 level. The analyst also mentioned what price levels Bitcoin could reach in the short term as it breaks above $100,000.  Bitcoin Support Levels To Watch Out For As Bulls Push For $100,000 In a TradingView post, Trade PSH stated that the local maximum is $99,450 as bulls are repeatedly trying to push the price above $100,000. The…

Bulls Falter As PEPE Slide To $0.00001748: Key Support In Focus

boss

PEPE bullish momentum has taken a hit, with the price retreating to a crucial support level at $0.00001748. This setback puts the bulls under pressure to hold the line as bearish forces regain strength.  After an initial rally showed promise, the inability to sustain upward movement signals a critical moment for the meme coin’s price trajectory. PEPE now faces a decisive retest, with the $0.00001748 level emerging as a key point of contention between buyers and sellers. If the bulls manage to defend this support, it could act as a…

Bitcoin Short-Term Holders Fueling Potential Dip – $90K Support Crucial Level To Hold

boss

Este artículo también está disponible en español. Bitcoin experienced a highly volatile trading session yesterday, with prices swinging between $92,300 and $96,420 throughout the day. The cryptocurrency now hovers near the $93,000 mark, struggling to establish a clear direction in the short term. As market participants await decisive action, uncertainty looms over whether Bitcoin will sustain its bullish structure or face a deeper correction. Related Reading CryptoQuant analyst Axel Adler recently shared valuable insights, highlighting a significant trend among short-term holders (STH). According to Adler, these investors continue to sell…