Tag: Support

Ethereum Holds Key Range Support After Pullback – Bulls Eye $3,000 Level

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum has faced a sharp pullback, dropping over 10% in the last 24 hours as global tensions and macroeconomic uncertainty shake investor confidence across markets. The retrace comes amid rising US bond yields and escalating trade…

Stablecoin Market Updates: Uber Prefers Stablecoins, Senate Bill to Get Bipartisan Support, Circle Debuts on NYSE

Key Notes Khosrowshahi emphasized the importance of stablecoin as a store of value, hinting that he prefers them over Bitcoin. Arizona Senator Ruben Gallego confirmed that the Senate’s stablecoin bill could garner support from up to 16 Democrats. Stablecoin issuer Circle made a strong NYSE debut, with shares opening at $69 and closing at $83, marking a 168% first-day gain. . Global ride-sharing giant Uber is now exploring the use of stablecoin to reduce costs in moving money cross-border. CEO Dara Khosrowshahi said that the company is still in the…

Can Bulls Defend This Critical Support Level?

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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…

Investors Eye Key Support Levels

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum price started a fresh decline below the $2,550 zone. ETH is now showing a few bearish signs below the $2,500 pivot level. Ethereum started a fresh decline below the $2,550 level. The price is trading…

Senate Stablecoin Bill Likely to Win Massive Bipartisan Support, Dem Lawmaker Says

WASHINGTON, D.C. — As many as 16 Democrats may vote in favor of the Senate’s stablecoin bill when it gets to its final set of votes in the legislative body, Arizona Senator Ruben Gallego said Thursday. The “Guiding and Establishing National Innovation for U.S. Stablecoins of 2025” (GENIUS) Act faced headwinds last month after Gallego led a group of Democrats against voting for cloture, a procedural hurdle that would advance legislation, citing concerns about consumer protection and other provisions. Ipagpatuloy Ang Kwento Sa Baba Within a week and a half,…

Solana Horizontal Support Under Pressure – Bearish Target At $142

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Solana (SOL) is currently navigating a challenging environment as the broader crypto market experiences a cooldown. After an impressive run earlier this year, momentum has slowed significantly, and SOL is struggling to reclaim the $160 level…

Bitcoin consolidates above key support: is a breakout imminent?

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Bitcoin has spent the majority of the week trading within a tight consolidation range. But unlike previous consolidations, this one carries a bullish undertone. With price action holding above major support levels and forming potential structural shifts, traders are on alert for a breakout move. Bitcoin’s (BTC) recent price action has been marked by low volatility and declining volume, but this may not be a sign of weakness. Instead, the technical structure and support dynamics suggest that the market is coiling before its next move. Price remains above critical support…

XRP Price Dips to Support: Is a Bullish Rebound on the Horizon?

XRP price started a fresh increase above the $2.220 resistance zone. The price is now consolidating and might aim for a move above the $2.250 resistance. XRP price started a fresh increase above the $2.220 zone. The price is now trading above $2.220 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2.185 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.250 resistance zone. XRP Price Holds Support…

Litecoin Holds Support Level as Layer-2 Launch Signals Broader Utlity

Litecoin is clinging to key technical support around $89 as a mix of fundamental and macro developments shape its short-term outlook, according to CoinDesk Research’s technical analysis data model. The cryptocurrency traded in a tight range over the last 24 hours, testing lows near $88.92 before recovering. Despite forming a bearish head-and-shoulders pattern, volume support at $89 suggests buyers are stepping in. This stability comes amid broader market uncertainty. The CD20 index of major cryptocurrencies fell around 1% over the same period, reflecting reduced risk appetite as geopolitical tensions and…