Tag: Support

Top US-Based Crypto Exchange by Trading Volume Coinbase Adds Support for DeFi Tokens SKY and USDS

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Two decentralized finance (DeFi) altcoins have abruptly gained support from the top US-based crypto exchange platform Coinbase. In a new announcement, Coinbase says it’s adding Sky (SKY), formerly known as MakerDAO, as well as its associated stablecoin USDS (USDS), to its suite of digital asset products. “Sky (SKY) and USDS (USDS) are now live on Coinbase.com and in the Coinbase iOS & Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” News of the additions had little impact on the tokens, as…

Altcoins Jump Off Critical Support Level – Relief Or Reversal?

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Altcoins have endured years of underperformance as Bitcoin continues to dominate the crypto market. Despite several short-lived rallies, most altcoins remain far below their previous highs, weighed down by investor skepticism and capital concentration in BTC. However, there are signs that sentiment might be shifting. In recent days, strong altcoins have started to recover, showing resilience as broader market conditions improve. Related Reading Top analyst Carl Runefelt shared a technical setup revealing that the altcoin market is now bouncing off a major support zone. This move has sparked fresh debates…

Is Dogecoin Prepping For Takeoff? Fib Reaction And Trend Support Say Yes

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Dogecoin may be gearing up for its next breakout. After holding firm near $0.17 on the weekly chart, DOGE recently bounced off key Fibonacci and trendline support, hinting at renewed bullish potential.  With its 200‑week moving average offering steady support and price comfortably above the ascending channel, technicals suggest the setup is aligning. If the recent dip toward the 200 MA on the M15 chart proves to be a low-risk entry, this could set the stage for a retest of the $0.16490 resistance, and possibly more. Rejection At Resistance, But…

Bitcoin Price Respects Support Zone — Bulls Eye Fresh Rally

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Bitcoin price remained supported above the $107,500 zone. BTC is now recovering losses and might aim for a move above the $109,200 resistance. Bitcoin started a recovery wave above the $108,000 zone. The price is trading above $108,500 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $109,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $107,500 zone. Bitcoin Price Eyes Upside Break Bitcoin price started…

Ethereum Turns Key Resistance Into Support – Momentum Builds For Range Breakout

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Ethereum is consolidating above the $2,500 mark, showing resilience amid broader market uncertainty. While bulls have successfully flipped $2,500 from resistance into support, the price still faces significant pressure below the $2,700 zone. This range-bound behavior has persisted since early May, and the coming days are likely to define the next major move, not only for ETH but also for the broader altcoin market. Related Reading Top analyst Ted Pillows shared technical insights, highlighting Ethereum’s current structure, particularly after the $2,500 level was reclaimed. However, the next challenge lies in…

Ethereum Price Hits Support – Can It Launch a Fresh Move Higher?

Ethereum price started a fresh increase above the $2,520 zone. ETH is now correcting some gains and might aim for a fresh move above $2,580. Ethereum started a fresh increase above the $2,520 level. The price is trading below $2,550 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,530 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $2,520 zone in the near term. Ethereum Price Revisits…

XRP Price Risks Breakdown To Next Support Level, Why $2.28 Is Important

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The XRP price has been holding on pretty tightly to its support level above $2.2 and continues to be a major level of pushback for the bears. This has shown that buyers are beginning to make a comeback at this level amid predictions that it will be the bounce point for the next rally. Regardless of this, a crypto analyst still believes that this support remains at risk as bears continue to push down on the price, and the result could be a major price crash from here. XRP Price…

Bitcoin Consolidation Continues: These Are Two Key Support Levels To Watch

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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…

Solana Tests Rising Channel Support – Breakdown Could Send Price To $128.50 Level

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Solana is facing a critical test this week, consolidating in a tight range between $145 and $160 since Monday. The price action reflects strong buying interest but also hesitation as bulls struggle to reclaim higher levels. Despite holding above key support, Solana must break decisively above resistance to confirm a bullish breakout and continue its upward trend. Related Reading Market momentum has favored bulls in recent weeks, but Solana’s inability to breach the $160 zone raises questions about the strength of this trend. Top analyst Carl Runefelt shared insights highlighting…

Bitcoin Test Support As BNB, SOL, LINK, AAVE Prep For Higher

Key point: Bitcoin’s bounce off the moving averages may improve sentiment, pushing BNB, SOL, LINK, and AAVE above their overhead resistance levels. Bitcoin’s (BTC) failure to close above $110,000 may have attracted profit-booking by short-term traders. That has pulled the price near $108,000. Crypto analyst Daan Crypto Trades said in a post on X that a close above $110,000 would be good for Bitcoin, but a drop below $108,000 could deepen the correction. Some analysts are betting that US President Donald Trump’s “Big Beautiful Bill” will act as a catalyst…