Tag: Support

Dogecoin Analyst Forecasts 850% Price Rally in September as Traders Deploy $42M Support at $0.21

Key Notes DOGE futures volumes surged 119% to $5.36 billion while open interest dropped 4.7%, indicating strategic position reshuffling by traders. Critical support established at $0.21 with $42 million in leveraged long positions, creating potential launch pad for September breakout. Market analyst projects potential 850% rally targeting previous all-time highs above $2 if current support levels hold firm. Dogecoin DOGE $0.21 24h volatility: 5.1% Market cap: $31.28 B Vol. 24h: $2.54 B price gained renewed momentum on Monday as trading volumes jumped 150%, following the meme coin’s 10% monthly gain…

Litecoin Price Forecast: LTC Sell Pressure Wanes Golden Cross Support Halts $100 Reversal

Key Notes Litecoin price held steady at $110 on August 30 despite weekly losses nearing 10%. Derivatives data shows waning short-selling pressure as LTC futures trading volumes fell 33.8% to $596 million, with open interest flattening at $917 million. Golden cross support at $109 suggests a potential base for recovery if current liquidation trends continue through weekend trading. Litecoin price finds steady support at $110 on Saturday, August 30, with bulls battling to contain weekly losses just below 10%. Sustained profit-taking as the LTC price approached $120, and Bitcoin’s sharp…

Analyst Forecasts Bitcoin Price Will Break This Support Level, Can $100,000 Hold?

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The Bitcoin price is once again under heavy pressure in the market. An analyst has warned that the coin shows strong bearish signs after being rejected at a resistance level. The price has now fallen to a critical support area, where buyers are trying to hold the line. According to the analyst, if the level fails, the price could drop even lower, raising doubts about whether the key levels will remain safe. Analyst Says Bitcoin Price Turned Bearish After $121,000 Rejection The analyst explained that the bearish trend began when…

Bitcoin price loses key multiyear support trendline: A classic BTC fakeout?

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BTC could drop to $80,000 by 2025’s end if support breaks decisively, but analysts say that wouldn’t necessarily mark the start of a bear market. Key takeaways: Bitcoin is dropping below a critical multiyear trendline support, sparking bear market fears. One analyst sees the breakdown as a fakeout, however, suggesting that dips below $100,000 will serve as a buying opportunity. Read more Original

ETH Risks 10% Correction As $4.3K Support Is Tested

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Key takeaways: Ether slipped under $4,300 after failing to sustain momentum above $4,700, with $338 million in liquidations adding to the sell pressure. Analysts highlight $4,300 as a pivotal support, but the history of September weakness raises the risk of a 10% drawdown. An open interest contraction and negative funding rates suggest long positions are being flushed, which could set up a rebound if spot demand returns. Ether (ETH) failed to sustain momentum above the $4,700 resistance this week, slipping back under $4,300 region on Friday, where a critical ascending…

Crypto Whales Accumulate $350M in Ethereum as Price Tests Key Support Levels

Key Notes Arkham Intelligence identified four connected whale addresses purchasing $357.24 million ETH from institutional broker FalconX. Spot Ethereum ETF inflows reached $1.83 billion over five trading sessions alongside broader institutional crypto adoption. ETH tests critical support at $4,747 near 50-period EMA, with potential bottom formation since August 26 whale activity began. Four crypto whales have scooped up over $350 million of Ethereum’s native token, ETH, in the past two days, raising questions about what it means for its price. Whale is a moniker for large investors with the capacity…

USDT Coming to Bitcoin: Tether Partners with RGB Protocol for Native Bitcoin Stablecoin Support

Key Notes RGB protocol integration enables USDT to operate natively on Bitcoin with offline transaction capabilities. Lightning Network collaboration will provide enhanced privacy and instant settlement features through client-side validation. Tether continues expansion efforts alongside record profits and $167.33 billion market cap achievement in Q2 2025. Tether has announced plans to launch its dollar-pegged USDT stablecoin on the Bitcoin network via the RGB protocol service. According to an Aug. 28 press release, launching USDT via RGB “opens the door for stablecoins to exist natively on Bitcoin” and will allow users…

Bitcoin Keeps Slipping Down: Is $107,000 The Next Support?

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On-chain data shows Bitcoin is fast approaching the cost basis of the short-term holders, a retest of which could potentially change the asset’s course. Bitcoin Is Nearing The Short-Term Holder Realized Price As pointed out by CryptoQuant author Axel Adler Jr in a new post on X, Bitcoin could be closing in on the Realized Price of the short-term holders. The Realized Price here refers to an on-chain indicator that measures the cost basis of the average investor or address on the BTC network. When the cryptocurrency’s spot price is trading…

Support Builds Around $100K Level

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Bitcoin is facing a pivotal moment as it consolidates just above the $110K level after slipping below the $112K support yesterday. Bulls are attempting to hold this level to avoid further downside and to spark a recovery rally. However, many analysts remain cautious, pointing out that momentum has weakened since Bitcoin’s all-time high just over a week ago, with the market now retracing more than 10%. Related Reading Top analyst Axel Adler shared critical insights, highlighting that the nearest strong support lies within the $100K–$107K range. This zone is particularly…

Bitcoin Correction Risks Deepen With $105,000 As Critical Support

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Following another unsuccessful attempt to create a new all-time high (ATH), Bitcoin (BTC) dropped to a weekly low of $110,820 on the Binance exchange yesterday. The world’s largest cryptocurrency by market cap has now entered a clear pullback phase, with $105,000 emerging as the critical support level that traders are closely watching. Bitcoin Falls To $110,000 Amid Market Pullback According to a CryptoQuant Quicktake post by contributor BorisD, Bitcoin’s current distribution phase could extend for several more days. Wallet accumulation and distribution patterns highlight stronger sell-offs among BTC whales, raising…