Bitcoin Next Crucial Test Lies At $127,000 — Breakout Eyes $144,000 Mark
Bitcoin is trading in the $117,000 price region following a rather eventful week, which allowed investors to experience both sides of the market volatility. Notably, the premier cryptocurrency established a new all-time high at $124,457 before experiencing a sharp crash to below $118,000 driven by recent US PPI data. As enthusiasts await the asset’s next move, prominent analytics firm Glaasnode has unveiled the potential price targets based on short-term holders’ (STH) market activity. Related Reading: Bitcoin Prepares For Make-Or-Break Move As Textbook Triangle Meets Tight Range....
Related News
SUI recent price recovery has reignited bullish sentiment, but its momentum is now being put to the test. After bouncing from key support levels, the price is facing strong resistance that could determine the next major move. Bulls are attempting to push through this barrier, but a lack of sustained buying pressure has made the breakout uncertain. Market indicators reveal a tug-of-war between buyers and sellers, with bears aiming to cap gains and trigger a reversal. If bulls manage to build enough momentum, SUI could overcome this hurdle, setting the stage for a continued rally. However,....
BNB has cleared the $1,050 mark with a strong cup-and-handle breakout, putting bulls firmly in the driver’s seat. The next big question: can momentum carry the token toward the $1,100 target? BNB Breaks $1,050, Extending September Momentum Crypto analyst Cipher X, in a recent update, emphasized that BNB has officially broken through the $1,050 mark, locking in yet another key milestone following its impressive September rally. The surge has not only reaffirmed the strong bullish momentum behind the asset but also positioned it as one of the standout performers in the market. Related....
Bitcoin is facing a crucial test as it consolidates just below all-time highs, teasing a breakout into price discovery. After briefly tagging the $112,000 mark, BTC pulled back slightly, and volatility has surged, leaving investors uncertain about the next direction. While some fear a potential correction, many analysts remain confident that the uptrend is still […]
Ethereum is once again knocking on a major resistance level, sparking fresh excitement across the market. After a steady climb, ETH now faces a crucial test near the $3,700 mark, a zone that could determine whether bulls reclaim control or if another pullback is on the horizon Ethereum’s Uptrend On The Line — Will Buyers Step In? According to Crypto King, a well-known crypto analyst, ETH has reached a crucial point on the daily chart that could determine its next major move. The analyst noted that ETH’s price action is currently hovering around a key level, making this moment critical to....
Ripple is holding the key $0.2380 support zone against the US Dollar. XRP price must climb above $0.2450 to increase the chances of an upside break above $0.2550. Ripple is likely forming a crucial breakout pattern with support near $0.2380 against the US dollar. The price is now trading near the $0.2420 pivot level and […]