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Showing posts with the label resistance

Tesla (TSLA) Key Levels to Watch in April as Stock Looks to End 30% Drop

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There is no denying that Tesla (TSLA) has emerged as one of the most interesting stock stories to watch this year. The EV manufacturer has struggled throughout the year, with Tesla showing some key levels to watch for investors in April as shares look to reverse their 30% drop this year. The company had struggled for much of the first three months of 2025. However, it has had days of notable price increases, including Wednesday. The stock jumped more than 5%, as all eyes were back on the automobile company despite a market-wide downturn connected to US President Donald Trump’s increased tariff plan. Source: Finance Magnates Also Read: Tesla Stock: April 2025 Price Prediction (TSLA) Tesla: What to Watch For This Month as Stock Faces Crucial April There are few companies that were hit harder on Wall Street this year than Tesla. The Elon Musk-led firm is currently down more than 25% year to date after what was a notable resurgence for shares on Wednesday. Amid the increased volatilit...

$567,390,000 in Liquidations Hits Crypto Markets As Analyst Warns of ‘Trouble Area’ for Altcoins

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Digital assets markets started off the week in the red after Bitcoin (BTC) lost the $100,000 level and fell to $97,470, dragging most altcoins into corrections as well. According to crypto data aggregator CoinGlass, there have been over $567 million in liquidations in the last 24 hours, most of them leveraged long positions in Bitcoin. Closely followed analyst Rekt Capital tells his 519,000 followers on the social media platform X that the correction in altcoins has happened at a key point of resistance in the OTHERS chart, which tracks the total market of digital assets excluding the top 10 and is often used to gauge altcoin strength. “Altcoin Market Cap has performed a Weekly Close above $425bn (black) for the 1st time since 2021 Black has always been a trouble area That said, it’s likely Altcoin Market Cap will experience a much weaker rejection to prompt a much shallower retrace” Source: Rekt Capital/X In another potential ominous sign fo...

Cardano breakout alert: ADA’s key support and resistance levels to watch

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Cardano (ADA), the native cryptocurrency of the Cardano ecosystem, has shown resilience in the recent market recovery. After hitting a low of $0.32 on July 5, ADA rebounded to $0.45 by July 16 and has since been trading steadily around $0.42.  Despite this consolidation, there are emerging signs that ADA might be gearing up for its next bullish phase. In this context, cryptocurrency analyst Sssebi highlighted that, based on technical indicators and patterns, ADA is poised for a possible rally above the $0.60 mark. Picks for you Here’s when XRP could hit $5.85, according to analyst 30 mins ago Bitcoin poised to hit $263,000 after reclaiming this level, according to analyst 31 mins ago ...

Breakout watch: Cardano key support and resistance levels for this week

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Cardano (ADA) revisited the bearish $0.43 price, punished by macroeconomic indicators and overall negative sentiments in the cryptocurrency market. Finbold looked for insights on key support and resistance levels ADA traders should watch this week. Notably, Cardano has been trading in a well-defined two-month range since April 14, from $0.43 to $0.50. During this time, ADA has made a few brief deviations from the price range but without breaking out. Therefore, the $0.43 and the $0.50 levels remain the most important support and resistance to watch for. A breakout, followed by confirmation with increased volume, from any of these levels would bring a more aggressive move. Picks for you Here's BTC's support level for buying opportunity to watch out closely 27 mins ago ...