Tag: Support

Bitcoin’s Most Critical Support Level At $69,000 — Here’s Why

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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…

Bitcoin bulls defend $80K support as ‘World War 3 of trade wars’ crushes US stocks

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Bitcoin (BTC) price dodged the chaotic volatility that crushed equities markets on the April 4 Wall Street open by holding above the $82,000 level. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView US stocks notch record losses as analysts predict “long trade war” Data from Cointelegraph Markets Pro and TradingView showed erratic moves on Bitcoin’s lower timeframes as the daily high near $84,700 evaporated as BTC price dropped by $2,500 at the start of the US trading session. Fears over a prolonged US trade war and subsequent recession fueled market downside, with the…

Cardano (ADA) to $1? Analyst Eyes This Support Level

Key Notes ADA is trading near $0.65, after breaking below the support recently. Analyst Jonathan Carter warns of a further dip to $0.59 if $0.65 fails to hold. A rebound from support could set the stage for a rally toward the $1 mark. Cardano ADA $0.66 24h volatility: 1.0% Market cap: $23.67 B Vol. 24h: $793.46 M is trading near its key support zone around $0.65, posting a 0.5% gain in the past 24 hours. The cryptocurrency has lost about 30% of its value over the past month. Notably, since…

Investor demand for XRP falls as the bull market stalls — Will traders defend the $2 support?

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Between Oct. 25, 2024, and Jan. 16, 2025, XRP (XRP) had one of the best rallies of the current bull market, gaining 600% as investors piled in with the hope that a pro-crypto presidency would benefit Ripple and its cryptocurrency. During this time, the quarterly average of daily active addresses jumped by 490% and XRP price hit a 7-year high. XRP’s 1-day chart. Source: Cointelegraph/TradingView Fast forward to the present, and data shows that the speculative interest surrounding XRP is declining. Holders are increasingly facing losses rather than gains, which…

XRP holds $2 support as chart pattern hints at 73% gain

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XRP (XRP) stabilized near its $2 support after today’s marketwide sell-off sent the altcoin and several other cryptocurrencies close to their swing lows. Data now shows the XRP/USD pair exhibiting early signs of a bullish breakout.  Ripple’s RLUSD integration could boost XRP price Ripple’s integration of its RLUSD stablecoin into its cross-border payments system, Ripple Payments, could significantly boost XRP’s price by enhancing its utility and liquidity.  On April 2, Ripple, the company behind XRP, announced that it had integrated its stablecoin into the company’s cross-border payments system to boost…

PayPal Activates Support for Solana and Chainlink, Will SOL and LINK Price Recover?

Key Notes This move reinforces PayPal’s growing confidence in the crypto sector, following its earlier support for Bitcoin, Ethereum, and its own stablecoin, PayPalUSD. Despite PayPal’s integration, both SOL and LINK prices remained largely under pressure due to Trump’s reciprocal tariffs. Crypto analyst Ali Martinez warns that Solana’s trendline is weakening, increasing the risk of a breakdown. International payments giant PayPal has announced support for altcoins like Solana SOL$113.724h volatility:10.3%Market cap:$58.51 BVol. 24h:$8.31 Band Chainlink LINK$12.4424h volatility:8.4%Market cap:$7.95 BVol. 24h:$863.54 M, allowing US users to buy, sell, and hold these digital…

Whale Deposits $37M SOL to Binance, Solana Loses Crucial Support

Key Notes Solana’s market cap has fallen to $59.48 billion following the 7.5% price drop. A whale’s massive 312,000 SOL deposit to Binance led to selling pressure. The cryptocurrency has lost its critical $124 support level, which it tested six times in the past year. Solana SOL $114.7 24h volatility: 8.9% Market cap: $58.78 B Vol. 24h: $7.94 B has plunged 7.5% in the past 24 hours to trade at around $116 at the time of writing. The cryptocurrency has lost its key $124 support level, a price it has…

XRP Price News: XRP Tests Crucial $2 Support, Will Bulls Defend amid Trump Tariff Woes?

Key Notes An XRP price breakdown below $2 could validate a Head-and-Shoulders pattern, potentially sending XRP to $1.35. Blockchain analytics firm Glassnode reports that active XRP addresses have increased by 490%. Ripple’s RLUSD stablecoin went live on Ripple Payments as the STABLE Act was announced. XRP XRP $2.02 24h volatility: 4.4% Market cap: $117.61 B Vol. 24h: $7.19 B has come under severe selling pressure, correcting 5% soon after Trump’s reciprocal tariffs kicked in on Wednesday, April 2. XRP price has once again dropped to the crucial support of $2…

$118 Support, The Last Barricade Against Deeper Correction

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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. Este artículo también está disponible en español. Solana’s price action is flashing warning signs as bearish pressure intensifies, threatening to push the asset below the critical $125 support level. Despite previous recovery attempts, sellers remain dominant,…