After a short-lived recovery, Bitcoin (BTC) is attempting to bounce from a crucial level to reclaim the $110,000 support. However, some analysts suggest that a retest of the $90,000 level could be the next stop for the cryptocurrency. Related Reading Bitcoin Drops To Weekly Lows Bitcoin lost the $110,000 support for the first time in…
XRP has recovered from the recent market pullback and is attempting to confirm the $3.00 level as support. However, an analyst suggested that the cryptocurrency risks a new retest of the range lows before bullish momentum continues. Related Reading XRP’s Daily Close Key For Momentum XRP has reclaimed a crucial level as support while the…
Ethereum (ETH) is leading the end-of-the-week market recovery after finally breaking above the $4,800 resistance. As the cryptocurrency is attempting to reclaim this crucial area, some analysts suggest that a new all-time high (ATH) is imminent. Related Reading Ethereum Hits New Multi-Year High On Friday, Ethereum broke above the $4,800 resistance for the first time…
Bitcoin (BTC) is attempting to reclaim a crucial level as support after bouncing from the recent drop below $115,000. Nonetheless, some analysts warned that the cryptocurrency is entering a corrective phase with a potential 15%-25% drop. Related Reading Bitcoin Risks Drop Below $110,000 On Monday, Bitcoin fell below the $115,000 level for the first time…
Amid the recent market pullback, Solana (SOL) is attempting to reclaim a crucial area to continue with its bullish rally. Some analysts have suggested that the cryptocurrency will likely break out to new highs if a key support level is held. Related Reading Solana Back Below $200 Earlier this week, the market soared under the…
Ethereum (ETH) is attempting to reclaim a crucial area as price nears its 2021 all-time high (ATH). However, an analyst suggested that this week’s performance will be key for the long-awaited price discovery rally. Related Reading Ethereum Eyes Last Major Resistance Over the past week, Ethereum has had a remarkable performance, jumping nearly 30% to…
Sui (SUI) is attempting to reclaim a key resistance area after recovering from last week’s lows and growing institutional interest in the ecosystem, leading some analysts to suggest that a breakout might be around the corner. Related Reading SUI Rallies Amid Ecosystem Interest On Tuesday, SUI jumped 7.4% intraday following major news for the ecosystem…
Ethereum (ETH) is attempting to break out of a crucial resistance level after recovering from last week’s lows. Some analysts suggested that the cryptocurrency is repeating past breakout playbooks, which could lead to a new high this quarter. Related Reading Fourth Time’s The Charm? On Thursday, Ethereum retested the $3,850 level after recording a 6.3%…
After recovering from its local lows, Cardano (ADA) is retesting a key area that could send the price to the next crucial resistance. Some analysts suggest that the cryptocurrency is preparing for a massive rally. Related Reading Cardano Retests Key Resistance Following last week’s drop to the $0.70 support, Cardano is attempting to break out…
Injective (INJ) has hit a five-month high after retesting a crucial resistance level on Monday and attempting to break out from a bullish pattern. Some analysts suggested that the cryptocurrency will have a massive run in the coming weeks. Related Reading Injective Retests Crucial Levels Over the past month, Injective has recorded a substantial bullish…