As Bitcoin (BTC) attempts to reclaim the $88,000 area, some market observers believe that the recent lows marked the bottom, and a price recovery rally is underway. Nonetheless, other analysts have warned that the flagship crypto’s November pain could continue if the current levels don’t hold. Related Reading Bitcoin Finds Local Support On Monday, Bitcoin…
As the market bleeds red and most altcoins lose crucial levels, some have suggested that investors must reshape their expectations of the crypto market this cycle and the long-awaited “alt season.” Related Reading Old Crypto Cycle Is Gone – Analyst Over the past month, the crypto market has wiped out over $1 trillion in market…
Amid the second wave of crypto-based Exchange-Traded Funds (ETFs), Solana (SOL)-based investment products have been leading the charge, fueled by strong demand despite the recent market volatility. As a new group of investment products based on the altcoin hits the market and SOL’s price starts to recover, some suggest that a rebound could be underway.…
While Bitcoin (BTC) continues to lose crucial support levels, an analyst has shared three possible scenarios for the flagship crypto’s upcoming performance, raising the alarm about potential early signs of a bear market. Related Reading Bitcoin Price Correction Continues On Monday, Bitcoin reached a new multi-month low after dropping below $93,000 for the first time…
Amid the recent market volatility, SUI is attempting to hold a key level as support following its breakout from a local resistance. Some analysts have suggested that if momentum holds, the altcoin could be preparing for a 50% rally to the next major resistance. Related Reading SUI Recovers Major Support Zone On Tuesday, SUI retested…
Amid the recent market recovery, Ethereum (ETH) is retesting a key level as support for the first time in a week, leading some market watchers to suggest that the highly anticipated end-of-year run may be delayed for a few more weeks. Related Reading Ethereum Eyes Next Key Level On Monday, Ethereum retested a crucial level…
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…
Amid the market pullback, Solana (SOL) has hit a new local low after its price fell below a crucial support level for the first time in months. Some analysts have suggested that the altcoin is in a healthy retest of a key area, but others warned that the cryptocurrency risks another major correction if the…
Despite the Federal Reserve (Fed)’s announcement of a 25-basis-point rate cut, Bitcoin (BTC) has dropped nearly 4% in the past 24 hours, losing its local range low for the first time in a week. Some analysts have warned that this week’s close is crucial for the flagship crypto’s short-term performance. Related Reading Bitcoin Price Eyes…
As the market awaits the Federal Open Market Committee (FOMC) meeting, Ethereum (ETH) is attempting to hold the $4,000 area as support. Despite the volatility, some analysts have predicted that the King of Altcoins may soon start its long-awaited price discovery rally, while whales pour millions into the cryptocurrency. Related Reading Ethereum Price Set For…