Tag: Support

Bitcoin Nears $76k Amid Correction — Will This Support Hold?

boss

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…

Ethereum Key Support: Cost Basis Data Points To $1,890 As Make-Or-Break Level

boss

In line with major losses across the crypto market, Ethereum (ETH) declined by 17.08% in the past week reaching as low as $2,104. While the prominent altcoin has shown some minor gains in the past 12 hours, the general market sentiment remains bearish. ETH Correction Likely Headed To $1,890 – Here’s Why The ETH market is currently navigating a strong market correction with several analysts now spotlighting potential key support levels. According to prominent on-chain analytics firm Glassnode, data from the Cost Basis Distribution (CBD) metric indicates Ethereum is poised…

Ethereum To Drop? ETH Risks Fall To $2,180 If This Support Fails

boss

Este artículo también está disponible en español. Amid the market retrace, Ethereum (ETH) has lost its key $2,600 support zone and fallen below the next crucial level. As the second-largest cryptocurrency by market capitalization attempts to hold its current range, some analysts predict a 6% drop could be coming. Related Reading Ethereum Risks Fall To $2,180 Following the $1.5 billion hack of crypto exchange Bybit, the crypto industry experienced a market correction that sent most cryptocurrencies below their key support levels. Bitcoin’s price fell below the $90,000 mark for the…

MetaMask to support BTC, SOL DeFi, eventually end gas fees in new roadmap

boss

Crypto self-custodial wallet MetaMask is set to expand support to the Bitcoin and Solana networks and eventually remove gas fees as part of a roadmap of updates for the year.  The Bitcoin network will be integrated sometime in the third quarter, while Solana will become the first non-Ethereum Virtual Machine chain that MetaMask supports in May, MetaMask’s Dan Finlay said in a Feb. 27 post. Gas-included swaps — allowing users to swap two tokens and by paying with the token they’re swapping — will soon be upgraded to allow users…

Solana Loses Long-Term Support Level – Analyst Shares Insights

boss

Este artículo también está disponible en español. Solana is trading at its lowest levels since September 2024, with extreme fear and selling pressure dominating the market. Since breaking its all-time high in January, SOL has retraced over 55%, leaving bulls struggling to regain momentum. The broader crypto market is facing a period of uncertainty, and Solana has been one of the hardest-hit altcoins in recent weeks. Related Reading Bears have remained in control, consistently driving prices lower as investors lose confidence. The once-thriving meme coin speculation that fueled Solana’s rally…

QCP Insights: Bitcoin Slips Under Key Support As Market Faces Tariff Uncertainty

boss

Market sentiment remains uncertain with bitcoin falling below $90,000 for the first time in a month, triggering over $200 million in liquidations. Bitcoin Drops Below $90,000, Triggers $200 Million in Liquidations QCP Insights’ latest report analyzed the effect of bitcoin dipping below $90,000 for the first time in a month and triggering over $200 million […] Original

LINK Sudden Breakdown Sparks Fears Of Collapse To $12.5 Support Zone

boss

The crypto market is no stranger to turbulence, and Chainlink (LINK) is currently caught in the eye of the storm. As bearish forces tighten their grip, prices are perilously close to testing the crucial $12.5 support level a threshold that could determine its fate in the coming days. Several factors like mounting selling pressure and broader market weakness threaten to derail its recovery prospects. LINK’s recent downturn comes after a period of consolidation, during which the asset struggled to gain upward momentum. Now, with the price breaking down and eyeing…

LINK Sudden Breakdown Sparks Fears Of Collapse To $12.5 Support Zone

The crypto market is no stranger to turbulence, and Chainlink (LINK) is currently caught in the eye of the storm. As bearish forces tighten their grip, prices are perilously close to testing the crucial $12.5 support level a threshold that could determine its fate in the coming days. Several factors like mounting selling pressure and broader market weakness threaten to derail its recovery prospects. LINK’s recent downturn comes after a period of consolidation, during which the asset struggled to gain upward momentum. Now, with the price breaking down and eyeing…

Bitcoin Price Tumbles 5%—Key Support Levels in Focus

boss

Bitcoin price started a fresh decline below the $95,000 support. BTC must stay above the $90,000 zone to avoid more losses in the near term. Bitcoin started a fresh decline from the $98,500 zone. The price is trading below $95,500 and the 100 hourly Simple moving average. There is a short-term triangle forming with resistance at $92,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another decline if it fails to stay above the $90,000 zone. Bitcoin Price Dips Further Bitcoin price…