Fresh Wave Of New Money Flows Into Bitcoin After Market Cooldown – Can Bulls ...
Bitcoin has gained over 28% in value since its April 7th low, marking a strong recovery that has shifted market sentiment in favor of the bulls. The leading cryptocurrency is now holding firmly above the $90,000 level, a key psychological and technical zone that suggests momentum is back on the side of buyers. However, risks […]
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With the recent market recovery, the XRP price has been able to confirm an important Wave 3 move that was earlier highlighted by crypto analyst Dark Defender. Since this move has been completed, it is now time for the cryptocurrency to move into the next stage of the analysis. At this junction, there is a simple roadblock to a continuation of the rally and that lies at $3.13. In the follow-up analysis, Dark Defender reveals what could happen if the XRP price were to either break or get rejected at this level. What To Expect From The XRP Price In the analysis, Dark Defender highlighted that....
Bitcoin price is dipping a bit while ether flows display Uniswap’s prominent market position.
Bitcoin price started a fresh increase above the $37,000 resistance zone. BTC could accelerate higher once there is a clear move above the $37,350 resistance. Bitcoin started a fresh increase from the $35,500 support zone. The price is trading above $36,700 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support near $36,720 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move up toward $40,000 if it clears $37,350 and $38,000. Bitcoin Price Restarts Increase Bitcoin price found support near the $35,500....
Bitcoin price sold off from just below $450 to $430. The market may be wondering whether this is the start of a downtrend, but wave analysis shows that the advance has more upside in store. A sell-off has drawn a long red candle in the price chart and retraced advance since Friday. According to the wave count in the chart, bitcoin price is apparently extending its 5th waves and has just completed wave 3 of the larger advancing wave. The current sell-off would count as wave 4, and that implies another advancing wave – wave 5. The 4th wave (today’s sell-off) had targeted the area (magenta....
Bitcoin is trading above $93,000 for the first time since early March, signaling a significant shift in market sentiment after weeks of heightened volatility, global tensions, and macroeconomic uncertainty. The breakout comes as bulls reclaim control, pushing prices sharply higher following a prolonged consolidation period between $81K and $88K. Related Reading: Bitcoin Sees Fresh Wave […]