Tag: Support

Bitcoin Price Action Stalls Near $76K Support as Volatility Compresses

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Key Takeaways Bitcoin held near $76,738 on May 19 as BTC traders defended critical 76K support. Market indicators showed 9 sell signals, keeping BTC momentum mixed near 77K. Bitstamp BTC/USD charts suggest 78.5K resistance could decide bitcoin’s next move. Bitcoin Chart Outlook On the one-hour bitcoin chart, intraday price action stayed compressed. Not much has changed since yesterday’s price action. Declining volatility and smaller candle formations reflected a market waiting for a catalyst. BTC traded within the $76,055 to $77,666 intraday range while hovering near $77,000 through the session. Consolidation…

Solana Fails Channel Breakout—$78 Support The Next Destination?

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An analyst has pointed out how the latest retrace in Solana has come after rejection from the resistance level of a Parallel Channel. Solana Failed Parallel Channel Resistance Retest In a new post on X, analyst Ali Martinez has talked about a technical analysis (TA) pattern forming in the daily price chart of Solana. The pattern in question is a “Parallel Channel,” which forms whenever an asset trades between two parallel trendlines. Like other consolidation patterns in TA, the upper level of the channel acts as a resistance barrier for…

Dogecoin (DOGE) Slow Bleed Continues, Key $0.10 Support Comes Into Focus

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…

Georgia Primary to Test Crypto PAC’s Support for Democratic Candidate

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The Protect Progress, a political action committee (PAC) affiliated with the cryptocurrency company-backed Fairshake PAC, has spent more than $4 million attempting to help secure a win for a Georgia state representative running for the US House of Representatives. On Tuesday, Georgia voters will decide on their candidate in the primary for the state’s 13th Congressional district, where state representative Jasmine Clark faces competition among Democrats. According to data from the Federal Election Commission, Clark has been the beneficiary of more than $4.2 million in spending on media by the…

Bitcoin Traders Monitor $74K Support As Sell Pressure Increases

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Bitcoin (BTC) lost its hold on the $80,000 level over the weekend, and data suggest that the cryptocurrency needs to trade above the $74,000-$75,000 range, as it has repeatedly served as key support over the last two years.  Crypto analyst Ardi said the next retest of the $74,000-$75,000 range could become the most important support test of the current bear market. The analyst pointed to the role that the price range played during the last two years. In 2024, Bitcoin struggled to break above the range during a seven-month-long consolidation.…

Bitcoin Holds $78K Support as Traders Watch for Breakout Toward $80K – Bitcoin News

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Key Takeaways Bitcoin held above $78K on May 17 as BTC traders monitored resistance near $79K. Technical metrics highlight mixed BTC signals, with MACD Sell pressure offset by RSI neutrality. Market data shows BTC volume at $19.84B as markets watched the $77.4K support zone. Bitcoin Chart Outlook On the 1-hour chart, bitcoin displayed modest recovery attempts following the move down toward the $77,600 low, with higher lows beginning to develop during a low- volatility session. Immediate support formed near $77,800, while resistance remained between $78,600 and $79,000. Volume stayed relatively…

Bitcoin Struggles Below Resistance While Fibonacci Support Comes Into Focus

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Bitcoin continues to face strong resistance as bulls struggle to reclaim higher price levels and restore upward momentum. With the market failing to break key resistance zones, attention is now shifting toward major Fibonacci support areas, where buyers could attempt to stabilize the current decline and prevent a deeper correction.  Recovery Hopes Fade Unless Resistance Levels Break  After failing to break above the $82,885 resistance peak, Bitcoin is experiencing selling pressure. According to crypto analyst Kamile Uray, the 4-hour chart still points to ongoing downside risk, with price action likely…

XRP Price Could Return To $1.55 But Only If This Crucial Support Holds

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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…

Solayer Introduces USDC Card with ATM support

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Layer-1 blockchain developer Solayer launched a Visa-compatible payment card that allows users to spend USDC balances through in-store, online and contactless transactions. The card supports ATM withdrawals in supported regions and can be ordered through the Solayer Pay app, according to the announcement. Existing users can request the card for free, while new users pay a $20 annual activation fee. Source: Solayer Pay Solayer Pay launched in April 2025 under the name Emerald Card and initially rolled out to 40,000 users across more than 100 countries, according to the company.…

Bitcoin Will ‘Likely’ Break Support Next as $82,000 Stays Unflipped

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Bitcoin (BTC) risks starting its “next downtrend” as bulls fail to break beyond $82,000, the latest analysis warns. Key points: Bitcoin traders are beginning to sway toward a support retest or even a new “downtrend” for BTC/USD. Current price behavior has retained overhead resistance, with bulls unable to push through $82,000. Rangebound crypto markets spark $330 million in liquidations over 24 hours. Trader: BTC price will “likely break below” support Bitcoin traders are increasingly split on where BTC/USD will go next, but calls for lower levels are growing. “For now,…