Bitcoin Is On the Precipice of Losing Two Crucial Support Levels
Bitcoin’s price action has been slow over recent weeks. This has allowed crucial technical support levels to catch up with the current price. Analysts say that Bitcoin is on the verge of falling below two support levels of macro importance. BTC doing so could trigger a move to the low-$9,000s, then potentially even further below that. Bitcoin Could Slip Below Crucial Macro Trend Levels Bitcoin bulls should be on edge, analysts say, as the cryptocurrency […]
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Bitcoin has pushed considerably higher since falling to $10,400 this week on news that BitMEX was being charged by the CFTC. The cryptocurrency wicked as high as $10,760 just a day ago as buyers re-enter the market. The cryptocurrency may be “losing some steam” on an extremely short-term basis, though. Bitcoin May Be Losing Some Steam Bitcoin has pushed considerably higher since falling to $10,400 this week on news that BitMEX was being charged by […]
As the month nears its end, the crypto market turns momentarily red, with Solana (SOL) retesting a crucial support level that could determine its short-term performance. An analyst suggests that holding the current range over the weekend will be key for the long-awaited rally back to $200. Related Reading: Bitcoin $106,800 Support Retest To Determine Next Move – Breakout Or Breakdown Ahead? Solana Hits Multi-Week Low Amid the crypto market pullback, most cryptocurrencies are recording a red Friday, with Bitcoin (BTC) and Ethereum (ETH) momentarily losing some key levels. Solana, one of the....
Ethereum is stuck in a crucial range above the $382 support against the US Dollar. ETH price could either jump above $392 or it might nosedive below $380. Ethereum is struggling to stay above the key $382 and $380 support levels. The price is currently trading in a range above the $382 support and below […]
After reclaiming crucial levels, Solana (SOL) has been moving sideways within a key price range, with its next direction yet to be determined. However, some analysts suggest a breakout could kick-start a new bullish rally in the coming months. Related Reading: Monero (XMR) Price Jumps 50% Amid ‘Suspicious’ $330 Million BTC Transfer – Details Solana Moves Within Key Range Amid its 15% biweekly recovery, Solana, one of the leading altcoins of this cycle, has attempted to reclaim a crucial resistance after recovering the $140 support for the first time since late February. Earlier this month,....