Tag: Support

Dogecoin Could Collapse If This Support Fails, Analyst Warns

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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?

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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?

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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

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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…

Solana Bulls Eye $260 As Key Support Holds, Says Crypto Analyst

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Este artículo también está disponible en español. In a recent chart update published on February 14, 2025, crypto analyst Ali Martinez (@ali_charts) highlighted Solana’s steadfast performance above the $190 mark, suggesting the potential for a breakout toward $225 or even $260. The one-day SOL/USDT chart (Binance) reveals several notable technical signals that support Martinez’s outlook. Why Solana Is Poised For $260 The chart outlines a rising channel that has been in play since roughly the summer, starting near $125 (close to the 0 Fibonacci level at $124.96) and stretching as…

Bitcoin wobbles; ChowWow presale gains support

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin dips below $94k amid U.S. inflation data, while ChowWow presale catches the attention of holders seeking high growth potential. The price of Bitcoin has experienced increased volatility, declining below $94k. This was influenced by U.S. inflation data, which was higher than the estimated value across the board. Notably, the January print of the Consumer Price Index (CPI) exceeded the expected monthly and yearly timeframes. However, Bitcoin has seen…

Polkadot (DOT) Defies Market Volatility, Holds Strong Above $4.8 Support Level

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Este artículo también está disponible en español. In a market often characterized by sharp swings and unpredictable trends, Polkadot (DOT) has emerged as a beacon of stability, defying broader volatility to hold above the critical $4.8 support level. While other altcoins experience uncertainty, DOT has managed to maintain stability, signaling strong buying interest at this key price zone. This steady performance comes as bulls attempt to build momentum, aiming for a potential breakout. However, with broader market volatility still in play, traders are closely watching whether DOT can sustain its…

Bitcoin Could End Up Plummeting To $80,100 If This Support Fails

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On-chain data shows Bitcoin is currently retesting an important support level. Here’s where the next important line lies, should this level fail. Bitcoin Is Currently Trading Around 1-Year MVRV Mean In its latest weekly report, the on-chain analytics firm Glassnode has discussed about a Bitcoin pricing model that’s based on the Market Value to Realized Value (MVRV) Z-Score. The MVRV Z-Score is an indicator that basically compares the market cap of BTC with its realized cap. The metric differs from the popular MVRV Ratio in that it also applies a…

Wormhole to Deprecate Support for Multiple Blockchain Networks by Summer 2025

Alvin Lang Feb 12, 2025 09:55 Wormhole announces the deprecation of support for several blockchain networks by summer 2025, impacting Terra, Oasis, Acala, and others, while transitioning some Cosmos chains to community support. Wormhole, a prominent cross-chain messaging platform, has announced significant changes to its supported network infrastructure. According to the Wormhole blog, several blockchain networks will face full deprecation starting in the summer of 2025. Additionally, some Cosmos chains will transition to community-supported frontends and relaying services. Affected Networks The Guardian…