Bitcoin Price at Risk of Further Downside: Will Bears Tighten Grip?

Ethereum price started a fresh decline and traded below $2,050. ETH is now consolidating below $2,150 and might struggle to recover. Ethereum started a downside extension below the $2,150 zone. The price is trading below $2,150 and the 100-hourly Simple Moving Average. There is a connecting trend line forming with support at $2,050 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,150 zone. Ethereum Price Extends Losses Ethereum price failed to remain stable above $2,220 and started a downside correction, like Bitcoin. ETH....

Dogecoin is once again under pressure as bears tighten their hold, keeping the price pinned below key resistance levels. Despite the ongoing consolidation, one crucial support zone is beginning to show signs of strength, hinting that a potential reversal could be on the horizon if buyers step in at the right moment. Momentum Hinges On RSI and BTC Dominance Levels Umair Crypto, in his latest update on Dogecoin, noted that the meme coin is currently consolidating just beneath the 200-day Simple Moving Average (SMA), forming what appears to be a clear bearish setup. According to Umair, the....

As predicted in the previous article, a breakout was looming for bitcoin price. It decided to take the southbound route, as bears gathered enough strength to push below the triangle support. Also, the US central bank recently decided to keep monetary policy unchanged, barely making any significant adjustments to its previous bias. Fed officials reiterated that they would continue to tighten at a gradual pace and that they’re keeping a close watch on the global economic and financial developments. This confirms that the slowdown in China and the slump in oil prices are not to be ignored and....

Bitcoin price is gaining pace below $115,500. BTC is still showing bearish signs and remains at risk of more losses below the $112,000 zone. Bitcoin started a fresh decline below the $116,500 zone. The price is trading below $115,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $115,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $115,500 resistance zone. Bitcoin Price Dips Further Bitcoin price started a fresh decline after a close below the $118,000 level.....

XRP price started a downside correction from the $1.4550 zone. The price is now consolidating and might aim for another increase if it stays above the $1.40 zone. XRP price started a downside correction after it failed to clear the $1.4550 zone. The price is now trading near $1.4080 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $1.4050 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it settles above $1.4220. XRP Price Dips Again XRP price started a decent upward move above $1.3850....