Bitcoin price is losing its weekly structure after a sharp rejection at channel resistance, raising the probability of a deeper corrective move toward $65,000 support. Summary Bitcoin was rejected at channel high resistance, triggering downside momentum. The range midpoint has been lost on a weekly closing basis. $65,000 channel low and the 200-week moving average…
XRP price slumped for two consecutive days, reaching its lowest level since October 10. Summary XRP price crashed below a key support level on Friday. Spot XRP ETFs shed over $92 million in assets on Thursday. Technical analysis suggests that the XRP token has more downside. The Ripple (XRP) token slumped to a low of…
Bitcoin price is losing weekly structure after a sharp rejection at channel resistance, raising the probability of a deeper corrective move toward $65,000 support. Summary Bitcoin was rejected at channel high resistance, triggering downside momentum. The range midpoint has been lost on a weekly closing basis. $65,000 channel low and the 200-week moving average are…
The crypto market tanked over 6% on Friday, as nearly $1.7 billion worth of leveraged crypto positions were wiped out. Summary Over $1.7 billion in leveraged crypto positions were liquidated in the past 24 hours. Crypto investors reacted to a number of geopolitical tailwinds and concerns around Microsoft’s Q2 earnings report. According to data from…
Bitcoin plummeted to a nine-month low on Friday as a global tech-driven selloff eroded investor appetite for risk. The downturn rippled through multiple sectors, dragging down cryptocurrencies, equities, and precious metals in a broad market retreat. Summary Bitcoin price fell to a nine-month low on Friday, mirroring weakness in tech stocks. Policy shifts in the…
Crypto prices today fell sharply, with Bitcoin sliding below key support levels as heavy liquidations rippled across derivatives markets. Summary Bitcoin and major altcoins moved lower amid heavy liquidations. Derivatives data points to leverage being flushed from the market. Sentiment dropped into extreme fear as risk-off pressure built amid macro pressures. The total crypto market…
The current HBAR price is consolidating at a key volume support zone near $0.10, signaling accumulation as it builds a base for a potential rally toward the $0.14 resistance level. Summary HBAR is holding high-time-frame support around $0.10. Prolonged consolidation and volume behavior suggest accumulation. Reclaiming the point of control could open a move toward…
The AVAX price continued its steep downward trend this week, breaking a crucial support level despite notable positive developments, including soaring ETF inflows and strong network growth. Summary AVAX price could crash to a record low after losing a key support. The recently launched AVAX ETF added over $1.24 million in assets. Avalanche’s active users…
The current Bitcoin price is consolidating at a key support level within a tightening triangle structure, signaling equilibrium as traders await a decisive breakout or continuation move. Summary Bitcoin is forming a triangle pattern at major support levels. Declining volume indicates consolidation rather than a breakout. A confirmed breakout could target higher value and channel…
XRP price could be on the verge of a strong rebound after forming a triple bottom pattern, exchange-traded inflows continue, and SEC Chair Paul Atkins makes the case for cryptocurrency investments in retirement accounts. Summary XRP price has formed a triple-bottom pattern at $1.7915. Paul Atkins, the head of the SEC, supports allowing retirement funds…
