XRP Surges to $3 But Faces $950M Sell Pressure: Can Bulls Push Toward $4 Next?
XRP roared back above $3.00 in early Asian trading, reclaiming key psychological support as Bitcoin’s march to fresh highs energized altcoin flows. Related Reading: XRP Ready For $9 Blast — ‘Break $3.10 And It’s Game Over,’ Says Analyst But the move comes with a caveat: on-chain trackers flagged 320 million XRP ($950Million) moving onto exchanges over the past week, an overhang that could test buyers’ resolve as price approaches a crowded resistance band. With ETF chatter heating up and Ripple’s banking ambitions in motion, the next leg hinges on whether bulls can absorb supply and force a....
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Ethereum (ETH) is facing significant selling pressure, trading below the $1,900 mark as market uncertainty continues to weigh on price action. After losing the critical $2,000 level, ETH plunged as low as $1,750, marking its lowest point since October 2023. Bulls are now under pressure, as they must defend the current demand zone to prevent further downside and restore investor confidence. Related Reading: Bitcoin Lost And Retested The 200-Day MA As Resistance – Here’s What Happened Last Time Market conditions remain fragile, with Ethereum struggling to find strong buying interest. If....
AAVE shows that the price is steadily rising as the coin’s bullish streak makes noise in the market. AAVE price is raging bullish today with its steady climb to $109 resistance level The coin faces hurdle at $113.50 AAVE/USD pair support is spotted at $97.91 The AAVE/USD price saw a boost of 12.02% compared to the figures yesterday as the market spikes to $109.99 from yesterday’s $105. Related Reading: Cosmos Hub Soars Over 5% Within 24 Hours – ATOM Up 13% In Last Week AAVE Resistance Spotted At $113.50 According to CoinMarketCap, AAVE has plunged by 0.18% as it trades at $109.87 as of....
After weeks of intense selling pressure, Bitcoin (BTC) has entered a consolidation phase, trading below the $85K mark and above $80K. Bulls now face a critical test, as they must push BTC above $90K to prevent bears from driving prices lower. Related Reading: Whales Accumulate Over 420,000 Ethereum In Five Days – Rally On The […]
Chainlink is currently attempting to confirm $10.00 as a support level as it faces inflows of selling pressure that jeopardize its near-term outlook. Despite the present weakness it is facing, a confirmation of this level as support would be incredibly bullish, as it would mark a mid-term support-resistance flip that potentially kicks off the next […]
Bitcoin has faced some intense selling pressure over the past few days, with the response to its recent break below $19,000 being quite bearish This validates the notion that this is a crucial level that the crypto much firmly surmount and flip into support if it is to see any further upside One trader is now noting that, while BTC did rebound off of its key support in the upper-$17,000 region, it still faces multiple […]