Bitcoin Near Breaking Point As It Tests Its Most Crucial Support Line—Analyst
Bitcoin fell to a five-month low before staging a modest recovery, testing a crucial support line that traders say could decide the short-term fate of the bull market. Related Reading: Bitcoin’s Grip Holds — But Signs Of Weakness Are Piling Up: Analyst According to Crypto Onchain, Bitcoin hit an intraday low of $98,900 before buyers pushed the price back above $101,000 and later to $103,400 at the time of writing. The top coin’s year-to-date gain sits at close to 10% after peaking at an all-time high of $126,300 in October. Bears Break $107,000 Fortress Based on analysis from Crypto....
Related News
Bitcoin (BTC), the leading cryptocurrency in terms of market capitalization, is displaying persistent indications of an ongoing downtrend. Currently oscillating between the $26,000 level and the $25,800 mark, it is edging closer to a crucial support level at $25,400. The significance of this threshold cannot be overstated for BTC bulls, as it holds the potential to halt the ongoing decline. Bitcoin Faces Crucial Levels, Analyst Warns Of Potential Dip Bitcoin finds itself at a critical juncture as it tests a crucial support level, according to renowned crypto analyst Ali Martinez. The....
Ethereum’s scaling era is evolving, and Linea is emerging as one of its most important pillars. By enabling faster, cheaper transactions while maintaining full ETH security and composability, Linea is building the infrastructure for real economic activity. Why Ethereum Needs An Economic Backbone Linea is rapidly evolving into the Ethereum economic backbone. Crypto analyst Henry has revealed on X that Linea was built from first principles as a reinforcement layer for ETH’s future. The reason why Linea is catching serious attention is that over $1 billion in Total Value Locked (TVL)....
The XRP price is breaking down once again after a week of upward movement triggered by Bitcoin’s price above $90,000. This move has solidified support for the digital asset above $2, which continues to serve as a launch point for possible price increases. However, this is not the only bullish development that has come out […]
Solana Foundation manager Vibhu Norby jumped into a heated XRP discussion on X, adding a sharp dose of humor to an already intense online conversation. The debate began when Tradeship University founder Cameron Scrubs urged followers to sell all their other crypto assets and buy XRP. Related Reading: Bitcoin Near Breaking Point As It Tests Its Most Crucial Support Line—Analyst XRP Proponents Urge Bold Bets Scrubs, known for extreme XRP optimism, previously predicted that XRP would surpass Bitcoin and Ethereum within five years. He reignited that vision this week, telling investors to sell....
Reports from the Ripple Swell 2025 conference show growing interest in XRP. Traders and fund managers are watching November closely. Related Reading: Bitcoin Near Breaking Point As It Tests Its Most Crucial Support Line—Analyst According to speakers at the event, several timetabled moves could push more money into the token in the short term. Canary Capital ETF Timetable Canary Capital’s spot ETF is set to go live after an updated S-1 filing, with a possible automatic launch 20 days later on November 13. Reports from the stage cited Steven McClurg, CEO of Canary Capital, as confirming the....