Tag: Support

Bitcoin Price Risks Drop Below $110K if Key Support Levels Are Lost

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Key takeaways: Bitcoin price is down 11% from its all-time high, dropping to $111,000 on Monday. $108,000 is a short-term target for the bears, with some BTC analysts predicting a drop to $95,000. Bitcoin (BTC) sellers emerged again on Monday as the drop to $111,000  resulted in a large liquidation of leveraged long positions across the cryptocurrency market. BTC/USD daily chart. Source: Cointelegraph/TradingView Bitcoin tumbles below $112,000, wiping out longs Bitcoin price fell as low as $111,300 on Monday, reversing Friday’s spike fueled by Fed Chair Jerome Powell’s dovish speech,…

Dogecoin Price Technicals Confirm Support, Mid-Term Target Now $1.85

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Technical analysis shows Dogecoin is about to confirm a support on the weekly candlestick timeframe chart after managing to hold up above $0.21 in the past week. After several weeks of mixed sentiment between bulls and bears, Dogecoin’s price action now seems to be shifting in favor of buyers, and price action on the weekly timeframe is now showing a convincing bullish setup.  This trend was highlighted in a technical analysis from TradingView analyst MasterAnanda, who noted that Dogecoin’s confirmation above some exponential moving averages is key to a midterm…

Bitcoin On-Chain Model Reveals Critical Support At $104,000-$108,000

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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…

Cardano Price Squeezed Between Support And Resistance – Market Awaits Next Leg

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Cardano’s price is caught in a tight range, holding above key support while facing resistance overhead. With momentum weakening, will ADA break higher or slide back toward lower levels in its next decisive move? Bearish AB=CD Pattern Completed With Rejection At $0.95 Alpha Crypto Signal, a crypto analyst on X, recently shared insights on Cardano’s price action, noting that ADA has just completed a bearish AB=CD pattern on the daily timeframe. The rejection around the $0.95 level confirms this setup, suggesting that the market may be preparing for a corrective…

XRP Price Declines Again, Key Support Tested as Risks Increase

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…

Ethereum Price Squeezed In Falling Channel – Bulls Eye Rebound To $4,788 If This Support Holds

Ethereum is currently under pressure inside a falling channel, consolidating after its recent rally. With $4,150 acting as key support, ETH seems to be preparing for a bounce back toward the $4,788 resistance and all-time high zone. ETH Holds Steady Near $4,190 As $4,150 Support Faces Test Ash Crypto, in his recent Ethereum 4H chart analysis shared on X, pointed out that ETH is currently trading around $4,190, holding just above the key $4,150 support zone. This level has been acting as an important cushion for price action. He further…

Ethereum Altcoin Explodes 143% After Korean Crypto Exchange Upbit Abruptly Announces Trading Support

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The South Korean crypto exchange Upbit has announced a new listing for a data feed-focused altcoin, triggering explosive price action. According to a new announcement, Upbit is supporting Api3 (API3) for trading over the Ethereum (ETH) network on its platform starting Tuesday. Amid the announcement from Upbit, API3 exploded from Monday’s low of $0.748 to Wednesday’s high of $1.82, a more than 143% gain. API3 has since retraced and is trading for $1.34 at time of writing, up 60.6% on the day. With a market cap of $169.72 million, API3…

Crypto Advocacy Groups Double Down On Support Of Prospective CFTC Chair

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Several cryptocurrency and blockchain associations advocating for the industry are pushing for a “prompt confirmation” of Brian Quintenz as chair of the US Commodity Futures Trading Commission (CFTC). In a Wednesday letter to US President Donald Trump, representatives from several crypto organizations reiterated their support for Quintenz’s confirmation in the Senate following the president’s nomination. Signatories included the Crypto Council for Innovation, Blockchain Association, Decentralization Research Center, DeFi Education Fund, The Digital Chamber, Satoshi Action Fund and Solana Policy Institute The advocacy organizations argued that Quintenz was “exceptionally well-suited” to…

TRX Price Holds $0.35 Support as Justin Sun’s Tron Network Announces Metamask Integration

Key Notes Strategic MetaMask integration positions Tron for enhanced global accessibility and potential adoption growth across regions. Trading volume surged 10% to $1.25 billion following the partnership announcement despite widespread market weakness. Technical analysis suggests potential upside toward $0.37-$0.40 if current support levels hold above $0.34 moving average. Tron Network confirmed a strategic partnership enabling TRX to integrate directly into MetaMask, the world’s leading self-custodial crypto wallet. This move significantly strengthens user accessibility and increases the likelihood of higher on-chain adoption. “With TRON’s strong presence in Asia, this integration also…

Shiba Inu Burn Rate Plunges 98% as SHIB Price Loses 20-Day Support

Key Notes SHIB declined 6% over two days, reaching $0.000012 as Ethereum ETFs experienced massive $255 million in sell-offs. Token burn activity collapsed by 98.89% to just 223,914 SHIB destroyed, signaling reduced network participation. Technical analysis shows bearish momentum with SHIB trading below the 20-day moving average at critical support levels. Shiba Inu SHIB $0.000012 24h volatility: 5.2% Market cap: $7.13 B Vol. 24h: $223.28 M price shed another 4% on Tuesday, extending its two-day decline to 6% and falling to $0.000012 for the first time in 13 days. As…