Bitcoin Recovery Gains Momentum Past $90K, Yet Analysts Warn the Upside Could...
Bitcoin has climbed back above the $90,000 mark, recovering sharply after last week’s slump to near-$80,000. The world’s largest crypto surged as much as 4% in 24 hours, briefly touching $91,200, boosted by renewed market optimism, improving liquidity, and growing expectations of a Federal Reserve rate cut in December. Related Reading: The 250% Price Surge […]
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SUI, one of the leading altcoins of this cycle, has recorded an impressive price recovery over the past two months. However, as the cryptocurrency fails to hold some key levels, some analysts warn of a potential drop below the $3.00 support. Related Reading: Ethereum Eyes 15% Move Amid Key Resistance Retest – Breakout Or Rejection Next? SUI Rally Risks Massive Price Drop Since hitting its four-month high of $4.29, SUI’s price has been moving sideways, hovering between $3.40-$4.00 throughout most of May. Amid last week’s market retrace, the altcoin recorded a 14.2% price drop, losing its....
Ethereum classic price finally started recovery as I forecasted against Bitcoin and looks set for more upsides in the near term. Key Highlights. Ethereum classic price managed to gain a few bids yesterday and traded higher versus Bitcoin. This week’s critical bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) was broken to clear the way for more gains. It looks like there is a chance of more gains in the near term in ETC price if buyers remain in action. Ethereum Classic Price Upside Move. Ethereum classic price after finding continuous bids near the 0.0020BTC....
Analysts warn that a recovery in gold and the U.S. dollar index could negatively impact Bitcoin’s bullish momentum. Dan Tapiero, the co-founder of 10T Holdings, said weak hands have been shaken out in the gold market. This raises the probability of a gold rally in the near term, especially as it comes off of an 80-day pullback period.A rally in gold and the dollar may dampen Bitcoin priceBitcoin has seen strong momentum in the past three months, as it achieved an all-time high on Coinbase and a number of other major exchanges.Despite this, the threat of a correction for Bitcoin is a real....
Dogecoin has faced persistent bearish pressure for the past few weeks, causing it to resist key support levels. However, with the general crypto market witnessing a rebound, the dog-themed meme coin has managed to regain upward momentum, which analysts believe could be a part of a bigger trend. An Impending Recovery Phase for Dogecoin After […]
Ethereum has been trading below the $2,800 mark for the past two weeks as selling pressure at this critical level continues to exhaust bullish momentum. Investors remain cautious amid heightened volatility, fearing that Ethereum could extend its losses if it fails to reclaim key levels. Despite the uncertainty, some analysts see a potential breakout on the horizon. Related Reading: Dogecoin Pulls Back To ‘The Golden Ratio’ – Analyst Expects A Bullish Reversal Top crypto investor Carl Runefelt shared a technical analysis on X, revealing that ETH is currently trading within a 4-hour....