As Bitcoin (BTC) tries to hold the $90,000 barrier, some analysts affirm that the flagship crypto’s bear market signals are becoming clearer, suggesting that a breakdown to new lows could be around the corner. Related Reading Bitcoin Bear Flag Raises Concerns On Friday, Bitcoin shredded its Thursday gains, dropping 3.2% intraday to retest the $89,500-$90,500…
As the start-of-week momentum slows, Dogecoin (DOGE) dropped 5.5% on the daily timeframe, falling to the recent lows once again. Some analysts have suggested that the cryptocurrency is setting the stage for a massive short-term and mid-term rally if the retests of current levels hold. Related Reading Dogecoin Prepares For $1 Milestone On Thursday, Dogecoin…
Bitcoin (BTC) is retesting a crucial support area after its price slid 5% from the recent highs and fell below the $90,000 barrier. Some analysts have suggested that the cryptocurrency’s structure remains intact, but warned that it must bounce quickly or risk retesting the November lows. Related Reading Bitcoin Retests $88,000 After Rejection On Friday,…
As the market rebounds, Solana (SOL) is retesting a crucial area that has served as resistance since the November pullbacks. Some market watchers suggest that a short-term rally is likely, while others have highlighted potential signs of weakness. Related Reading Solana Eyes $144 Resistance Solana is attempting to turn the $140 area into support while…
Bitcoin (BTC) began the week dropping nearly 10% from the recent highs and retesting the $84,000 area before bouncing. As price risks more downside with early bear market signals, a market observer suggested that the upcoming weeks will be crucial for BTC’s future path. Related Reading Bitcoin Holds Key Weekly Range Last week, Bitcoin led…
As the whole crypto market bled, Zcash (ZEC) started December with a massive one-day pullback, leading the losses among top cryptocurrencies. While some market observers suggest that the altcoin is positioned for a major move, others have warned that the price risks another major correction in the coming weeks. Related Reading Zcash Loses Key Support…
While the crypto market bounces from last week’s correction, Bitcoin (BTC) is attempting to reclaim a crucial area as support to continue its recovery rally. As the flagship crypto faces some resistance, some market watchers have suggested that this week’s close may be key for its end-of-year performance. Related Reading Bitcoin Faces Rejection Ahead Of…
Ethereum (ETH) is attempting to bounce from the market’s Q4 correction, retesting the $3,000 barrier once again. As we approach the end of November, some market observers have suggested that the end-of-year rally may still be possible in the coming weeks. Related Reading Ethereum Eyes $3,000 Ahead Of Key Upgrade On Wednesday, Ethereum experienced a…
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…
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…