Bitcoin Eyes ‘Moment Of Truth’ As Price Retests $100,000 Support – Is The Ral...
After failing to close the week above a crucial level, Bitcoin (BTC) is attempting to hold $100,000 as support, leading some analysts to suggest that this is the make-or-break moment for the cryptocurrency. Related Reading: Solana (SOL) Loses Key Support Amid 8% Drop, Risks Major Correction To This Level Bitcoin Plunges To Physiological Barrier On Tuesday, Bitcoin saw a 9% drop from its weekly opening, dropping to the $100,000 area for the first time in months. The flagship crypto has been trading above $105,000 since late June, hovering between $108,000-$120,000 over the past four months.....
Related News
Pi Squared has announced the launch of its Devnet 2.0 to bring “internet-speed payments” to Web3 and advance its goal of 1 million transactions per second (TPS) by 2026. Related Reading: Bitcoin Eyes ‘Moment Of Truth’ As Price Retests $100,000 Support – Is The Rally Over? Pi Squared Unveils New Upgrade On Wednesday, Pi Squared, a project behind an infinitely scalable network for internet-speed payments, announced the launch of Devnet 2.0, a major upgrade to its Web3 verifiable settlement protocol. Notably, Pi Squared is building FastSet, an infinitely scalable, decentralized payments....
An analyst has pointed out how a sort of supply “air gap” exists for Solana below $144, with no major on-chain support levels until much lower. Solana URPD Reveals Supply Chasm Below $144 In a new post on X, analyst Ali Martinez has talked about how Solana support is looking from an on-chain lens. In on-chain analysis, the potential of any price level to act as support or resistance lies in the amount of coins that investors last purchased at it. Related Reading: Bitcoin Crashes To $98,000 As HODLer Selling Accelerates The reasoning behind this is that holders look at their....
Crypto analyst MadWhale has suggested that the Solana price could witness more downward pressure in the coming days. Specifically, the analyst predicted that SOL was at risk of a decline to $125 as it retests a key support level. Solana At Risk Of A Drop To $125 With Support Retest In a TradingView post, MadWhale predicted that the Solana price was at risk of dropping to as low as $125 with the retest of the $164 price level, which is a key support level on the horizon. The analyst noted that this is a pivotal support level that has previously proven strong. However, he warned that it....
Crypto analyst Trader Tardigrade has provided a bullish outlook for the Ethereum price, predicting it could soon witness a massive move to the upside. As part of his analysis, Trader Tardigrade also revealed how high ETH could reach as it enjoys this upward trend. Ethereum Set To Rally To $3,180 As ETH Retests Symmetrical Triangle […]
Crypto analyst BitGuru has revealed that the Dogecoin price just swept a key support level following the Black Monday crash. Based on this, the analyst predicted what could happen next and mentioned why the foremost meme coin could retest $0.2 again. Dogecoin Price Retests Key Support After Black Monday Crash In an X post, BitGuru […]