Tag: Support

Ethereum Is Testing Key Support on the ETH/BTC Chart – A Parabolic Move Could Be Next

boss

Este artículo también está disponible en español. Ethereum experienced one of the most chaotic trading days in its history last Monday, as it plunged over 30% in less than 24 hours amid escalating U.S. trade war fears. However, the market quickly rebounded after President Trump announced negotiations with Canada and Mexico, leading to a sharp recovery across crypto assets. Related Reading Despite this rebound, Ethereum remains significantly weaker than other altcoins, raising concerns about how long this underperformance will last. Investors are closely watching price action, as ETH continues to…

Ethereum Long-Term Bullish Structure At Risk – $2,700 Support Is Key for a $7K Target

boss

Este artículo también está disponible en español. Ethereum faced a brutal capitulation event on Sunday, plummeting over 30% in less than 24 hours as market-wide panic took hold. The dramatic sell-off was fueled by growing fears of a U.S. trade war, sending shockwaves across the crypto space and causing Bitcoin and major altcoins to drop significantly. ETH, which had been struggling to reclaim key levels, saw a sharp decline, shaking investor confidence and raising concerns about its long-term trend. Related Reading Top analyst Ali Martinez shared a technical analysis, revealing…

Bitcoin Bull Market at Risk if $97,000 Support Fails to Hold: Analyst

boss

Este artículo también está disponible en español. Bitcoin is now retesting the psychological $100,000 price level again after a 2.22% decline in the past 24 hours. Notably, Bitcoin recently rebounded around an order block at $99,200 in the past 24 hours as it continues to trade with intense volatility.  Meanwhile, crypto analyst Ali Martinez has pointed to $97,190 as a key support level, stressing that Bitcoin must stay above it to maintain its bullish trajectory. This insight comes amidst sharp price swings that have tested investor sentiment, but optimism remains…

Bitcoin Finally Turns $100K Into Support – Ready To Rally Higher?

boss

Este artículo también está disponible en español. Bitcoin experienced a rollercoaster start to the week as the cryptocurrency dipped 5% below the critical $100K mark, only to recover and climb back above it. Monday’s price action highlighted the ongoing volatility in the market, leaving investors divided on Bitcoin’s next move. Some analysts are calling for a surge above the all-time high (ATH), while others warn of a potential continuation of the recent decline. Related Reading Market sentiment remains mixed, with uncertainty dominating investor decision-making. However, Bitcoin’s resilience above the $100K…

Ethereum Poised To Test $2,800 Support Level If Market Downtrend Persists – Analyst

boss

Este artículo también está disponible en español. Ethereum experienced a sharp decline yesterday as the broader cryptocurrency market tumbled. ETH prices dropped over 9% in just a few hours, shaking investor confidence and raising concerns about a potential deeper correction. The sudden downturn has sparked fear across the U.S. markets, adding to the uncertainty that has gripped the crypto space this Monday morning. Related Reading Top crypto analyst Carl Runefelt shared a technical analysis on X, shedding light on Ethereum’s precarious position. According to Runefelt, Ethereum might test the $2,800…

Price Falls Below $100,000 Support

boss

Este artículo también está disponible en español. Bitcoin has encountered a critical breakdown, slipping below the $100,000 support level, a significant milestone that has been pivotal in its recent price rally. This unexpected move raises concerns over the sustainability of its upward momentum, with the market now at a crossroads.  It is important to be keenly on the lookout for whether this breach is a temporary dip or a sign of more extensive downside movement in the coming sessions. The breach of the $100,000 support level places Bitcoin at a…

Russia’s largest power grid operator Rosseti to support Bitcoin mining

boss

Rosseti, the largest state-backed power grid operator in Russia, plans to support Bitcoin mining by utilizing some of its underloaded power centers. According to Russia’s state news agency TASS, Rosseti views the initiative as an opportunity to maximize unused energy capacity while driving additional revenue streams. A translated statement cited in the report states: “The Rosseti Group is the largest grid company in Russia and can act as an operator coordinating the placement of mining infrastructure.” The state-backed energy provider said it was equipped with advanced infrastructure capable of monitoring…

SUI Inches Closer To $3.9 Support Under Growing Bearish Influence

boss

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…

Uniswap Aims For Recovery – Bulls Take A Stand At $12.3 Support

boss

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…

Analysts says Bitcoin’s support level is at $97K; ATH soon?

boss

Ali, a crypto analyst, points to Bitcoin’s potential support level at $97,530 as key in sustaining the current bullish momentum. The main support level to be monitored for Bitcoin is $97,530. Staying over this level is critical to keeping the current bullish momentum afloat, believes Ali. Bitcoin (BTC) has been trading in a tight range since hitting a new all-time high (ATH) of $109K on Jan. 20, 2025, and is now quoted at $105,128.95 as of Jan. 24. This reflects a 3.5% decline from the previous high, as per CoinMarketCap.  Understanding Bitcoin’s…