Bitcoin Battles Key Resistance – $106,600 Retest Could Confirm Trend Shift
Bitcoin is preparing for a decisive move as price action tightens near key resistance levels. After weeks of sideways movement and lower highs, bulls are now attempting to flip the script by reclaiming control and confirming the start of a new bullish phase. A successful breakout above short-term resistance could open the door for a […]
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Ethereum spent the summer months easily outperforming Bitcoin, but that trend reversed as soon as the fall months hit. The change in tune towards the DeFi trend helped take the second-ranked cryptocurrency down to retest resistance turned support. The bullish retest has since held, and it could take the altcoin back to retest highs on […]
Dogecoin’s price is entering a new bullish phase after months of decline. Technical analysis of the daily candlestick timeframe chart shows that the popular meme cryptocurrency is flashing a trend reversal, hinting at a significant shift from bearish to bullish momentum. Analyst Flags Daily Trend Reversal On Dogecoin Chart A prominent crypto analyst known as Trader Tardigrade has highlighted a confirmed trend reversal for Dogecoin. In a post on X (formerly Twitter) this week, he pointed out that DOGE’s daily chart has flipped from a downtrend to an uptrend. This claim is reinforced....
Traders should be cautious as ETH price is facing big resistance alongside rising Bitcoin dominance. All eyes have been on Bitcoin price in recent weeks as the world's biggest cryptocurrency rallied by more than 60% in a matter of weeks. However, the focus may soon shift to Ethereum's Ether (ETH) as it approaches the final resistance zone before a big potential breakout. This is not only the case with the U.S. dollar pair but also with the Bitcoin (BTC) pair, as the latter may have just reached its cycle low. Could this mean that there’s an alt season on the horizon? The signals are....
Bulls may not have long to wait before BTC price action sees its next leg up, traders suggest, with $35,500 in focus for a breakout. Bitcoin (BTC) took a stab at key resistance around $36,000 on Wednesday as anticipation built around a breakout.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC breakout means first stop: $39,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD repeatedbly tapping but failing to flip the $35,000 mark on Wednesday.The largest cryptocurrency rebounded from lower levels overnight, calming those concerned that important $33,000....
Ethereum is currently trading above the $1,800 mark, holding strong after weeks of volatility but struggling to reclaim the critical $2,000 resistance level. Bulls have managed to push prices higher, yet momentum must continue building for a full breakout. Analysts are closely watching Ethereum’s movements, noting that the market is preparing for a decisive move that could shape the coming weeks. Global macroeconomic tensions remain a challenge, but optimism is growing across crypto markets. Related Reading: Ethereum Shows 4H Bearish Divergence – Can Bulls Hold $1,750? Top analyst Daan....