Bitcoin price failed to clear the $60,650 resistance. BTC is now correcting gains and might decline toward the $57,500 support zone. Bitcoin is correcting gains and trading well below the $60,000 level. The price is trading below $58,800 and the…
Category: Crypto Analysis
Ethereum Price Nosedives Over 5%, Pressure Mounts on Bulls
Ethereum price is down over 5% and trading below $2,350l. ETH is signaling an increase in selling pressure and might drop to $2,120. Ethereum started another decline after it failed to clear $2,450. The price is trading below $2,320 and…
Mpeppe Takes Internet Computer (ICP) Spot As Top Gainers ICP Holder Look To Liquidate
In the dynamic and fast-paced world of cryptocurrency, it’s not uncommon for newcomers to disrupt the status quo. One of the latest developments in the market has seen Mpeppe (MPEPE) overtake Internet Computer (ICP) as a top gainer, leading to…
Analyst Says Bitcoin Will Reach $68,000 By End Of September, $90,000 In December
Bitcoin has once again surged past the critical $60,000 threshold, signaling a potential shift in market sentiment as selling pressure appears to be subsiding. This development follows a period of volatility, where Bitcoin experienced a significant dip, but data from…
3-Year Cup-And-Handle Pattern Promises To Send Bitcoin Above $100,000
Crypto analyst Jelle has highlighted a bullish pattern that has been forming on the Bitcoin chart for the last three years. The analyst suggested that it could soon be time for the pattern to play out, with a price target…
Analysts Kick Against Cardano Recovery, Says ADA Price Is Destined For 33% Crash
The overall bearish sentiment for Cardano (ADA) continues to rise as analysts now foresee a massive 33% price crash for the altcoin. This pessimistic projection comes as ADA struggles to gain traction in the market, with its value remaining stagnant…
Solana Liquid Staking Could Touch $18 Billion – Will It Benefit These Altcoins?
A new report has highlighted the key changes that could follow a significant increase in Solana liquid staking. Driven by strong investor demand, if Solana’s liquid staking were to reach $18 billion, it could significantly benefit Solana (SOL) and Jito…
PEPE Faces Potential 5% Drop, Eyes Key Support Level Retest
After a recent breakout, PEPE has experienced a notable drop as it moves to retest crucial support levels. This retest is crucial for the cryptocurrency, as it will determine whether the bullish momentum can continue or if the price will…
Bitcoin Sentiment Spikes After Mild Price Jump: Crowd Too Excited Too Quickly?
Data shows that the positive sentiment around Bitcoin has spiked on social media after BTC’s return above $58,000, implying investors may feel FOMO. Bitcoin Positive Vs. Negative Sentiment Ratio Has Spiked Recently According to data from the analytics firm Santiment,…
Bitcoin’s Momentum Builds, But Reclaiming $60,000 is Crucial, Says Analyst
Bitcoin continues to show volatility in the market, with bulls slowly gaining momentum, but key resistance levels remain a challenge. $90,000 Is In Play, But This First Renowned crypto analyst Captain Faibik recently shared his bullish outlook for Bitcoin, forecasting…