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At this crucial point, a significant resistance level will probably dictate the next significant move for Bitcoin. The 200-day Exponential Moving Average (EMA), which has served as both support and resistance in past cycles, is a major obstacle for Bitcoin, which is currently trading close to $84,00…
Bitcoin’s price has been experiencing a gradual recovery on a micro level, showing a 1% increase over the past 24 hours, bringing it back above $83,000. However, when viewed from a broader perspective, Bitcoin remains in a bearish trend, down 9.3% in the past week and 24.7% from its all-time high (A…
Bitcoin’s recent price movements have reflected a mix of optimism and uncertainty for investors. Earlier this week, Bitcoin surged to $94,000 following news of the U.S. crypto strategic reserve, which is set to include BTC, ETH, SOL, ADA, and other major digital assets.However, the asset has since r…
Bitcoin has faced a challenging market environment, with its price remaining below $88,000 and registering a 10.1% decline over the past two weeks.This significant downturn has been marked by considerable selloffs and a lack of upward momentum. However, amidst this bearish trend, a new development w…
Bitcoin (BTC) is currently trading just below $88,000, a significant drop from its all-time high of $109,000 earlier this year. Over the past month, the leading cryptocurrency has faced a steady decline, slipping nearly 15% and showing limited signs of a rebound.While this bearish trend has many inv…
Shiba Inu recovery could be around the corner as there's a substantial rise in whale activity. With more than a 90% increase in inflows, there's certainly a bullish tendency around large SHIB holders. With changing momentum on the market, the next stop could be a comeback to pre-crash values.SHIB is…
Bitcoin has gradually been recovering with its price now hovering above $97,000 as of today—a noticeable increase from the $94,000 price mark seen earlier this weekThis upward movement comes as analysts highlight significant trends in the perpetual futures markets that may indicate a substantial shi…
Over the past month, Chainlink (LINK) has struggled under the weight of a bearish market sentiment. The asset has experienced a steady decline in value, with its price slipping below key support levels.This downtrend has raised questions among investors about the possibility of a rebound and whether…
Because the asset is unable to form a clear trend, Bitcoin's price movement is still trapped in a sideways channel. Because of the lack of volatility, Bitcoin is experiencing a stagnant environment, which raises questions for the entire cryptocurrency market. Bitcoin is trading in a narrow range, ma…
Solana is currently recovering a sizable portion of its lost value which suggests a possible reversal. On the chart a hidden head and shoulders pattern is developing though and it might be a significant indication of an approaching retracement. This bearish technical pattern could lead to a long-awa…
Toncoin (TON) has faced a prolonged downturn, struggling to regain upward momentum after a tough week. Although it recently recorded a slight daily gain, the asset remains trapped in bearish territory, trading below the $4 mark.Despite this challenging price performance, analysts suggest that Toncoi…
XRP's on-chain metrics declined substantially in the last 48 hours, which would have raised concerns about the asset's market structure and even caused some issues with the price performance of the asset. The overall decline could be a sign of overall network activity fading.Key on-chain metrics dec…