Bitcoin Buyers Step Back After Failed Push Beyond $115,000: Data
Bitcoin traded listlessly as September wraps up, caught inside a tight price band and showing signs of weakening momentum. Related Reading: When Will XRP Reach $25? Bitcoin Investor Shares A Bold Prediction Based on reports using CryptoQuant data and commentary by Axel Adler, demand cooled after the market failed to hold above $115,000, leaving traders watching a narrow corridor for the next move. The mood is neither euphoric nor panicked — it is cautious. Mounting Pressure At Descending Highs Over the past week Bitcoin swung between a local high near $115,550 and a low around $108,400.....
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Solana (SOL) bulls are determined to push the price of the coin higher and breach the $44 level. Solana price has shown strong bullish movement; support found at $40. Coin has peaked by more than 70% in comparison to its lowest level in 2021. The daily chart’s ascending triangle pattern hits massive gains in the coming days. Solana is trying to make that great comeback again after it has tried and failed twice to breach the $44 level. Related Reading: Cardano Tests $0.51 Support – Can ADA Reach Safe Zone And Hit $0.67? SOL Currently Stuck At $43 According to CoinMarketCap, Solana has....
Ethereum price weakened this past week versus the US dollar, and currently waiting for ETH/USD buyers to step in for a recovery. Key Highlights. Ethereum price traded lower against the US Dollar this past week, but remained above a major support. There is a crucial bullish trend line formed on the 4-hours chart of ETH/USD (data feed via SimpleFX), which is acting as a support area. As long as the price is above the trend line support, there is a chance of an upside move. Ethereum Price Correction. Ethereum price ETH was seen struggling throughout this past week against the US Dollar and....
Key Highlights. Dogecoin price continued to struggle to move in one particular direction, as there were many false breaks noted. 0-60.0 Satoshis remains a major support area for buyers which is likely to act as a pivot area moving ahead. Dogecoin price once spiked above 70.0 Satoshis and traded as high as 75.1 Satoshis, but failed to maintain gains. The Dogecoin price range traded for some time as there was a monster support area formed around 62.0 Satoshis. Buyers finally managed to take the price higher and cleared the range resistance area. However, they failed miserably to maintain....
Filecoin has undergone a strong drop since its all-time highs above $100 set on its launch date earlier this month. The coin currently trades for $25, 75% below those highs. Despite this drop, buyers seem to be stepping back in. The coin is up 25% in the past 24 hours, making it the best-performing digital […]
It looks like selling pressure prevailed and buyers failed to take the price higher. There is a contracting triangle pattern formed on the hourly chart (data feed from HitBTC), which is about to be broken. If there is a close below the highlighted triangle support trend line, then there are chances of it moving lower further. A new weekly low may be created, and the price might trade near $3.40. The price is well below the 100 simple moving average, which is another bearish sign that may ignite a downside reaction. Yesterday, the price was above the 100 MA (30-min chart via the data feed....