Bitcoin’s price fell 3.07% to $95,086 on Feb. 21, 2025, as markets reacted to a $1.4 billion hack at Bybit and technical indicators signaled bearish pressure. Bearish Signals Dominate Bitcoin Charts Amid Security Breach Fallout Bitcoin traded within a 24-hour range of $95,086 to $99,504, reflecting heightened volatility following the breach of Bybit’s Ethereum cold […] Original
Tag: Support
Extremely Strong Support And Monthly 55 EMA Says ETH Is Headed For $4,867
Este artículo también está disponible en español. Ethereum has yet to return to its all-time high for over three years, a stark contrast to Bitcoin, which has surged past many price levels in the current cycle. Despite being the second-largest cryptocurrency, Ethereum has struggled to keep up with the broader market even during price rallies. However, a new technical outlook suggests that Ethereum may soon break free from this underwhelming trend and push toward $4,867 based on a strong meeting of multiple technical indicators. Extremely Strong Support Shows Ethereum Breakout…
Ethereum Holds Key Support – Analyst Doubts Bears Can Defend $4K Anymore
Este artículo también está disponible en español. Ethereum has been attempting to reclaim the $2,800 level for days, but bears continue to apply selling pressure, keeping the price below this key resistance. Despite this, demand remains strong, with bulls successfully holding ETH above the crucial $2,600 support level. The short-term outlook for ETH remains uncertain, as investors speculate on whether the current consolidation phase will lead to a breakout or further declines. Related Reading Despite this, there is a growing sentiment that Ethereum could soon recover. Top analyst Jelle shared…
BitDCA’s Littlebit adds Visa and Mastercard support for passive Bitcoin investing
Czech fintech firm BitDCA has integrated Visa and Mastercard support into its upcoming microsaving app, Littlebit, to allow users to invest in Bitcoin through everyday spending. According to a press release shared with crypto.news, the integration will allow users to automatically convert a percentage of their everyday purchases into Bitcoin using existing credit and debit cards. With this, BitDCA aims to eliminate the need for additional infrastructure or new accounts, allowing users to invest in Bitcoin without disrupting their usual spending habits or having to “switch bank cards, pre-load funds…
More Pain Ahead For Solana? Dangerous Price Drop To $125 Looms With This Support Retest
Este artículo también está disponible en español. Crypto analyst MadWhale has suggested that the Solana price could witness more downward pressure in the coming days. Specifically, the analyst predicted that SOL was at risk of a decline to $125 as it retests a key support level. Solana At Risk Of A Drop To $125 With Support Retest In a TradingView post, MadWhale predicted that the Solana price was at risk of dropping to as low as $125 with the retest of the $164 price level, which is a key support…
Dogecoin Could Collapse If This Support Fails, Analyst Warns
Este artículo también está disponible en español. In a video on Wednesday, the popular YouTube channel More Crypto Online offered an analysis of Dogecoin’s price structure, suggesting that the meme-inspired cryptocurrency could be on the cusp of a breakout or breakdown—provided it falls below critical support levels. The analyst’s outlook centers around Elliott Wave counts, potential consolidation patterns, and pivotal price thresholds that could define Dogecoin’s short-term trajectory. Dogecoin Teeters On The Edge The analyst notes that Dogecoin has shown “only sideways action over the last few days, actually last…
Bitcoin STH Realized Profit Reveals Strong Support Level – Time For A Breakout?
Este artículo también está disponible en español. Bitcoin’s short-term price direction remains uncertain as the market struggles to confirm its next move. Analysts and investors are divided, with some calling for a breakout into new all-time highs while others anticipate renewed selling pressure into lower prices. The price has been consolidating in a narrow range for the past twelve days, holding above the $94,000 demand level and facing resistance below the $100,000 mark. Related Reading Key data from CryptoQuant reveals that the nearest support zone for BTC is forming between…
Solana Bearish Trend Deepens: Is $164 Support the Next Stop For SOL?
Solana is under mounting selling pressure, sliding its price further into a correction phase. After struggling to maintain upward momentum, SOL has been steadily retreating, now approaching the crucial $164 support level. This key zone will determine whether the cryptocurrency finds stability or extends its downward trajectory. Market indicators suggest that bears remain in control, with momentum shifting in favor of sellers. If Solana fails to hold above $164, it could open the door to even deeper losses. However, if buyers step in to defend this level, it would trigger…
HashKey Group, Plasma secure VC support
The second week of February showed strong activity in crypto VC funding as HashKey Group secured $30 million with a $1.50 billion valuation. According to Crypto Fundraising data, the week brought total funding to over $150 million, with payment solutions and infrastructure projects leading. The funding pattern showed rising interest in stablecoin development and L1 infrastructure. Let’s dive deeper into the investments from the last seven days. HashKey Group, $30 million Raised $30 million from Beijing-based Gaorong Ventures HashKey Group (HSK) is building finance and banking solutions The project has…
Top US Crypto Exchange Coinbase Launches Support for New Asset Tied to Intellectual Property-Focused Blockchain
Coinbase has rolled out trading support for the brand-new native token of a layer-1 blockchain focused on intellectual property (IP). The scalable intellectual property solution Story launched its public mainnet on Thursday and aims to serve as a blockchain where rights holders can upload IP, set the terms of use and monetize it throughout the protocol’s application ecosystem. Explains Story’s launch announcement, “AI (artificial intelligence) is undermining IP as we know it. The traditional IP system can no longer keep pace with the speed and scale of generative AI. Centralized…