Bitcoin Price Struggles Again – Will Bears Push Price Into Deeper Decline Soon?

XRP price started a fresh decline below the $2.90 zone. The price is now showing bearish signs and might decline again below the $2.780 zone. XRP price is moving lower below the $2.90 support zone. The price is now trading below $2.880 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.90 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it dips below $2.780. XRP Price At Risk of Another Decline XRP price failed to stay above the $3.00 pivot level and started a fresh decline, like....

Ethereum price has seen a lot of decline after hitting an all-time high above $4,900. This move saw the bears push the price back, resisting the campaign to hit $5,000. So far, the bears have remained in control, and it seems that this will be the case for a while, with technicals pointing toward a possible 10% crash that would send the price toward $4,000 again. Why Ethereum Price Is At Risk In an update to a previous analysis, Klejdi Cuni has forecasted a further decline for the Ethereum price, with bearish indicators being more prominent. The previous prediction, shared over the....

Solana is under mounting selling pressure, sliding its price further into a correction phase. After struggling to maintain upward momentum, SOL has been steadily retreating, now approaching the crucial $164 support level. This key zone will determine whether the cryptocurrency finds stability or extends its downward trajectory. Market indicators suggest that bears remain in control, with momentum shifting in favor of sellers. If Solana fails to hold above $164, it could open the door to even deeper losses. However, if buyers step in to defend this level, it would trigger a price reversal.....

Bitcoin price is struggling to recover above $112,500. BTC is now consolidating and might decline if there is a move below the $110,800 level. Bitcoin started a recovery wave above the $110,800 zone. The price is trading above $111,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $110,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $113,000 zone. Bitcoin Price Faces Key Hurdles Bitcoin price started a fresh recovery wave from the $110,000 zone. BTC managed to....

Bitcoin whale holdings have reached their lowest level in six years, raising concerns about the asset’s price trajectory amid its current price struggles. Interesting data from on-chain data analytics platform IntoTheBlock shows that the aggregate amount of Bitcoin held by whales has dropped to levels last seen in 2019. Related Reading: Crypto Capital Of The […]