Tag: Support

Bitcoin price tests $85k support as liquidations surge ahead of US Jobs data

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Bitcoin price approached the $85,000 support level earlier today amid increased liquidations ahead of the release of U.S. jobs data later today. Summary Bitcoin price fell over 4% on Tuesday and retested the $85k support multiple times. Over $169 million in long positions were liquidated from the Bitcoin Futures market. According to data from crypto.news, Bitcoin (BTC) fell sharply from over $89,000 yesterday to a low of $85,427 today, before recovering slightly to $85,798 at press time, down 4.2% on the day. At this price, it is down 9.3% from…

Ethereum Holds Support As Smart Money Steps In – What This Means For Price

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Ethereum is holding firm above key support as smart money steps in, hinting at growing confidence beneath the surface. With bullish signals and steady inflows aligning, the market now watches whether this stability can spark a meaningful upside move. ETH Coils Below $3,200 Ahead Of A Decisive Move AltCoin Việt Nam, in a recent post, highlighted that ETH is positioned at an extremely tense moment on its chart, signaling that the asset is preparing for a major directional move. This immediate pressure is being fueled by a significant bullish divergence…

Dogecoin Triangle Support Test Maps Out Recovery Roadmap And When To Sell

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Dogecoin (DOGE) is testing the lower boundary of a long-term triangle pattern, a move that could determine its next major price direction. A new technical analysis highlights a roadmap with key recovery levels and outlines a potential timeframe when selling and profit-taking may become favorable. Dogecoin Triangle Pattern Signals Recovery Path In a recent X post, crypto analyst Jonathan Carter presented a new analysis of Dogecoin’s price action, predicting that a potential recovery may be imminent. Carter explained that Dogecoin is currently testing a critical support area around $0.135 within…

XRP Price Needs To Hold This Macro Support For Hope Of Revival

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XRP has spent the past 48 hours grinding lower, with its price gradually retreating to $2 after failing to sustain the rally above $2.10 at the beginning of the week. Selling pressure has been mostly controlled rather than aggressive, but each attempt to push higher has been met with a local trendline resistance near $2.165. Technical analysis shared by crypto analyst CasiTrades outlines an important macro support level that may determine whether XRP can stabilize and attempt another bullish recovery or fall into another bearish corrective phase below $2. XRP…

XRP Price Under Pressure—Can It Survive This Support Test?

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…

Solana (SOL) Turns Lower From Key Zone—Is Support About to Be Tested?

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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…

Dogecoin Stabilizes Above Key Support as Adoption Rises and Long-Term Outlook Strengthens

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Dogecoin (DOGE) is, in another consecutive week, settling into a familiar pattern: holding firm at a crucial support zone while market participants weigh technical signals, shifting adoption trends, and the ever-present influence of its community. Related Reading As the token trades around $0.14, its price behavior reflects a broader phase of consolidation, characterized by tighter volatility and increasing on-chain engagement. With new real-world use cases emerging and traders watching for a breakout, DOGE’s long-term trajectory is becoming a point of renewed discussion. DOGE’s price trends to the downside on the…

Bitcoin hangs at April-line support as macro, on-chain signals diverge

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Bitcoin sits on a key 0.382 Fib support as traders eye the Fed, soft ETF flows and rising on-chain “liveliness,” leaving price vulnerable but primed for a relief bounce. Summary Bitcoin trades at a critical 0.382 Fibonacci support, with a breakdown risking a retest of April lows and higher timeframe structure damage. Fed meeting, jobs and inflation data, plus weak ETF inflows and low volumes, keep upside limited while volatility compression skews near-term risk lower. On-chain “liveliness” and Bitfinex’s seller-exhaustion signal suggest long-term holders are re-engaging, creating conditions for stabilization…

Bitcoin Holds Key Support As Fed Rate Decision Looms

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Bitcoin is currently hovering at a critical technical level that needs to be defended to prevent major losses, according to crypto analyst Daan Crypto Trades. He was referring to the 0.382 Fibonacci retracement zone, which serves as a key area of support and resistance during market cycles.   “I think this is a key area for the bulls to defend,” he said, observing that a break below it could result in a Bitcoin (BTC) fall to April lows around $76,000.  “It’s also pretty much the last major support before testing the…