Tag: Support

Bitcoin Near Breaking Point As It Tests Its Most Crucial Support

boss

Bitcoin fell to a five-month low before staging a modest recovery, testing a crucial support line that traders say could decide the short-term fate of the bull market. Related Reading According to Crypto Onchain, Bitcoin hit an intraday low of $98,900 before buyers pushed the price back above $101,000 and later to $103,400 at the time of writing. The top coin’s year-to-date gain sits at close to 10% after peaking at an all-time high of $126,300 in October. Bears Break $107,000 Fortress Based on analysis from Crypto Onchain and on-chain…

Bitcoin Holds Key Support Amid ETF Outflows and Policy Uncertainty

boss

Bitcoin briefly tested the $100,000 level before rebounding, as ETF outflows and macro uncertainty pressured risk assets. Despite short-term turbulence, macro conditions remain broadly supportive if policy clarity returns and ETF flows stabilize. Macro Clouds Persist as Bitcoin Bounces Off $100K Bitcoin’s sharp retreat this week underscored a shift in risk sentiment as the world’s […] Original

HYPE Price Bounces Back After $44M Whale Loss, Binance and Coinbase Support Boost

boss

The HYPE price has rebounded sharply, recovering from recent volatility that saw a $44 million whale liquidation earlier this week, which rattled traders. After plunging to around $36, the HYPE price surged over 7% in the past 24 hours, now trading around $40 as bullish sentiment returns. Related Reading The rally follows its landmark listings on Binance and Coinbase, a move that has sparked renewed confidence in the fast-rising DeFi Layer 1 network. According to on-chain data from Coinglass, funding rates have flipped positive while whale accumulation has increased. Analysts…

Altcoins Struggle as BTC Price Tests Key $100K Support

The crypto market is weary after relentless waves of sell pressure on Tuesday. Several assets have now settled as they begin to establish levels of support, although if the U.S. dollar continues to show strength it could signal a period of prolonged downside. Bitcoin BTC$102,019.12 rose about 1% since midnight UTC after two days of declines that saw it drop to the lowest price since June at one point. Ether ETH$3,338.16, which slid as much as than 20% over the 48 hours — the steepest drop in three months —…

Bitcoin Eyes ‘Moment Of Truth’ As Price Retests $100,000 Support

boss

After failing to close the week above a crucial level, Bitcoin (BTC) is attempting to hold $100,000 as support, leading some analysts to suggest that this is the make-or-break moment for the cryptocurrency. Related Reading Bitcoin Plunges To Physiological Barrier On Tuesday, Bitcoin saw a 9% drop from its weekly opening, dropping to the $100,000 area for the first time in months. The flagship crypto has been trading above $105,000 since late June, hovering between $108,000-$120,000 over the past four months. During the early October correction, BTC’s price briefly deviated…

Bitcoin, XRP, Solana, Ether Slide as BTC Loses Last Support Before $100K

Bitcoin BTC$107,661.53 has fallen below a key support level that had been holding back a slide toward $100,000, amid weakening momentum in tech stocks. The leading cryptocurrency fell below $106,000 during Asian trading hours, penetrating the level that had offered support multiple times in recent weeks, according to CryptoX data. Major altcoins such as ether ETH$3,722.54, XRP$2.2881 and solana SOL$159.67, with SOL sliding to $157, the lowest since Aug. 3. Ether also fell to its lowest since August, with a bear cross of key moving averages pointing to strengthening of…

XRP Price Downtrend Extends — Sellers Target Fresh Lows After Support Break

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Ethereum Faces New Wave Of Selling — $3,550 Support In Focus

Ethereum price started a fresh decline below $3,750. ETH is moving lower below $3,700 and might decline further if it trades below $3,550. Ethereum started another bearish wave after it failed to clear $3,880. The price is trading below $3,700 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with resistance at $3,650 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below $3,550. Ethereum Price Dips Further Ethereum price failed to stay in a positive…

Prediction Markets Favor Bitcoin Stability as Traders Bet on Six-Figure Support

boss

At 8:30 a.m. Eastern on Sunday, bitcoin is trading hands at $110,300, and prediction markets are buzzing with bets on whether the crypto heavyweight will hold its ground—or break new highs—through November. Polymarket’s November Wager The popular prediction platform Polymarket is running a hot contest titled “What price will Bitcoin hit in November?” where traders […] Original

Bitcoin Hidden Setup — Triangle Support, Inverse H&S Signal A Powerful Reversal

boss

Bitcoin appears to be gearing up for a major move as key technical patterns align. A strong triangle support structure and a developing inverse head and shoulders pattern are signaling a potential bullish reversal. Momentum is tightening, suggesting that a breakout could be closer than it seems. Massive Triangle Formation Holds Firm Amid Market Shakeouts Batman, a well-known crypto analyst, recently highlighted that Bitcoin has been consolidating for several weeks within a massive descending triangle formation. Despite multiple shakeouts attempting to push the price lower, the key support level has…