BNB Price Could See Major Drawdown If It Fails To Stay Above This Support

BNB price started a fresh decline from $320 resistance zone. The price is now retesting the $290 support and is at risk of more downsides. BNB price is gaining bearish momentum from the $320 resistance. The price is now trading below $310 and the 100 simple moving average (4 hours). There was a break below a key bullish trend line with support at $315 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair might continue to move down if it fails to stay above the…

Ethereum Price Plunge To $2K Imminent as Key Support Line Crumbles

Ethereum price extended losses and tested the $2,150 support. ETH is struggling to recover and might continue to move down toward the $2,000 support zone. Ethereum started a fresh decline below the $2,350 and $2,250 levels. The price is trading below $2,250 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $2,240 on the hourly chart of ETH/USD (data feed via Kraken). The pair attempt a fresh increase if it clears the $2,240 and $2,280 levels. Ethereum Price Extends Losses Ethereum price…

Bitcoin’s safe-haven features could provide ‘solid support’ for spot ETFs, Kaiko says

As Bitcoin keeps outperforming traditional safe-haven assets like gold or bonds, providers of spot Bitcoin exchange-traded funds (ETFs) are likely to double down on their new products. Bitcoin’s (BTC) asymmetric returns and low correlation could serve as “solid support” for the recently launched spot Bitcoin ETFs, given that institutional players are likely to continue fueling the ongoing enthusiasm for crypto ETFs. In a research report, analysts at Kaiko noted that the largest cryptocurrency by market capitalization has accumulated over $2 billion in net inflow since spot ETFs launch on Jan.…

SOL, AVAX Slide 9% as BTC Traders Target Eye Support at $38K

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Ethereum Price Reaches Support, Can ETH Start A Steady Increase Again?

Ethereum price extended losses and tested the $2,300 support. ETH is now attempting a recovery wave above the $2,340 level and might test $2,390. Ethereum started a fresh decline below the $2,420 and $2,400 levels. The price is trading below $2,400 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance near $2,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair attempt a fresh increase if it clears the $2,390 and $2,400 levels. Ethereum Price Revisits $2,300 Ethereum…

XRP at near crucial support; Shiba Inu and Borroe Finance may surge

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Some say that XRP is near a crucial support level. Still, opinions remain mixed. Meanwhile, Shiba Inu’s predictions remain bold. A new entrant, Borroe Finance, is also garnering investor attention, raising over $3 million in its presale. XRP near crucial support  XRP has support at around $0.56 with resistance at $0.68. The market is bearish in the short term but slightly bullish in the long term. If Coinbase wins against…

Top Crypto Exchange Binance To Roll Out Support for New Altcoin on Launchpool Platform

Top global crypto exchange Binance has announced plans to support another new altcoin via its Launchpool platform. Binance Launchpool, which lets users stake coins to farm new assets, says its 45th project will be AltLayer (ALT), an open and decentralized protocol for Ethereum (ETH) rollups. Rollups are solutions that execute transactions outside of Ethereum’s blockchain but record the transactional data. They’re designed to help with scaling by reducing transaction costs and congestion on the main Ethereum chain. Between January 19th and the 25th, Binance users can stake BNB as well…

Bitcoin Price Takes Hit, Can Bulls Protect The Main Support at $40K?

Bitcoin price extended its decline below the $41,450 support zone. BTC is showing bearish signs and might struggle to stay above the $40,000 support zone. Bitcoin price is gaining bearish momentum below the $42,500 zone. The price is trading below $42,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance near $42,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is now at risk of more downsides toward the $40,000 support zone. Bitcoin Price Gains Bearish…

Ethereum Price Rejects $2,600, Can Bulls Save This Key Support?

Ethereum price struggled to extend gains above $2,600 and $2,620. ETH trimmed gains and might struggle to stay above the $2,500 support zone. Ethereum attempted a fresh increase but failed to surpass $2,620. The price is trading below $2,550 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $2,540 on the hourly chart of ETH/USD (data feed via Kraken). The pair start another increase if the bulls protect the $2,500 and $2,470 support levels. Ethereum Price Revisits Support Ethereum price started a…