Tag: Support

Dogecoin’s Strongest Support Zone Revealed—Here’s The Level

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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…

Bitcoin price revisits $90,000 support, a level tied to the previous bottom, reversal forming?

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Bitcoin price has returned to the key $90,000 support level that marked the previous cycle bottom, raising the possibility of a reversal if buyers can defend this region with strength. Summary $90,000 aligns with the channel low and value area low Retest mirrors the previous market bottom structure Holding support opens the probability of a move toward $135,000 Bitcoin (BTC) is once again approaching a significant moment in its macrostructure as price retests the $90,000 support level, a zone that defined the previous major bottom in the broader trading channel.…

Bitcoin Signals Decline Toward $75K After Breaking 2023-Era Support

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Key takeaways: Bitcoin’s drop below its MVRV Mean band puts $75,700 as the next major downside target. BTC whales are accelerating their purchases as Wall Street analysts predict a 40% price rebound by year-end. Bitcoin (BTC) may be preparing for a deeper decline after breaking below a crucial long-term support level that has helped stabilize its price since 2023. Bitcoin price could plunge to $75,700 The BTC support stemmed from the MVRV Extreme Deviation Bands, a set of lines that indicate when Bitcoin is overvalued or undervalued compared to what…

XRP Price Slips Toward $2.00, Increasing Pressure on Short-Term Support Levels

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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…

Bitcoin Continues Lower, Raising Fears That $90K Support May Not Hold

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Bitcoin price failed to recover above $95,000. BTC is down over 4% and there are chances of more downsides below $90,000. Bitcoin started a fresh decline below $94,000 and $93,500. The price is trading below $93,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $95,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it settles below the $91,500 zone. Bitcoin Price Continues To Weaken Bitcoin price failed to stay…

Digital Chamber Unveils State Network to Support US Crypto Policy

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Crypto advocacy group The Digital Chamber has launched a new initiative to drive digital asset policies at the state level across the US and educate lawmakers in the lead-up to the 2026 midterm elections.  Called the State Network, the initiative is aimed at establishing a collaborative ecosystem connecting policymakers, regulators and the industry that want to advance blockchain adoption across the US, The Digital Chamber announced on Monday.  Inaugural members of the network include Michael Saylor’s company Strategy, proof-of-stake public distributed ledger Hedera and blockchain infrastructure research company Input Output,…

Bitcoin Slides Deeper Into Red, Extending Decline Toward Key Support Zones

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Bitcoin price failed to recover above $96,500. BTC is down over 3% and there are chances of more downsides below $92,000. Bitcoin started a fresh decline below $95,000 and $94,500. The price is trading below $98,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $96,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it settles below the $92,500 zone. Bitcoin Price Dips Further Bitcoin price failed to stay in…

Analyst Backs Bitcoin Rally To $174,000 If This Support Remains Intact

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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…

Bitcoin In Bullish Confluence: Death Cross And Key Support Signal Upside

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Bitcoin’s technical structure is flashing a rare and powerful signal. Despite a recent price dip, a bearish-sounding Death Cross has just triggered precisely at a major structural support, the lower boundary of a long-term pattern. This bullish confluence, where historical market bottoms align with key technical support, suggests that the correction is complete and a significant upward bounce is imminent in the short term. $100,460 Range Low Now Flipped Into Key Resistance BTC has officially lost the range low and slipped to the $96,000 area, according to Lennaert Snyder, who…

Analyst Says No Major Support Level Until $24

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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…