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Showing posts with the label resistance levels

Analyst Says Bitcoin Primed for New All-Time Highs if BTC Reclaims These Resistance Levels, Updates Outlook on Ethereum and Bittensor

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A widely followed crypto analyst says that Bitcoin is primed to print new all-time highs if BTC can reclaim key levels as support. In a new post, crypto trader Michaël van de Poppe tells his 789,400 followers on the social media platform X that if Bitcoin can break through the resistance range between $106,500-$107,000, the flagship crypto asset will likely soar beyond its current all-time high of about $111,800. “Bitcoin has lost the crucial support level. However, the drop isn’t as severe as we might expect. This means, reclaim of $106,500-$107,000, that would be the party trigger sign for new all-time highs.” Source: Michaël van de Poppe/X Bitcoin is trading for $105,694 at time of writing, down 1.5% in the last 24 hours. Next up, the analyst says that Ethereum (ETH) is likely still in an uptrend and gearing up for a massive breakout. “ETH did break through $2,700 and failed immediately. The thing is, that’s not the crucial leve...

Over $3 billion in Bitcoin shorts risk of liquidation if BTC  hits $100,000

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Summary ⚈ Bitcoin trading near $97,000 puts $3.36 billion in shorts at liquidation risk. ⚈ A 3.14% BTC price rise to $100,000 would trigger mass short liquidations. ⚈ A 3.07% drop to $93,973 would also threaten $3.36 billion in long positions. Bitcoin’s (BTC) move to the upside could put crypto bears in quite a tough position if the cryptocurrency’s present rally continues.  The leading digital asset was trading at $96,950 at press time on May 2, having seen a 2.64% increase in price over the past week. BTC price 1-week chart. Source: Finbold Some $3.36 billion in Bitcoin short positions are at risk of liquidation if BTC prices reach $100,000, according to data analyzed and retrieved by Finbold from market intelligence platform CoinGlass . Bitcoin exchange liquidation map. Source: CoinGlass A 3.14% increase in BTC price could cause $3.36 billion in Bitcoin shorts to be liquidated So, what are the key levels to watch as Bitcoin approaches a ret...

Whales Sell 262,000 Ethereum Amid Recent Price Surge – Smart Exit Or Profit-Taking?

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Solana Triggers Long Thesis After Pushing Above $125 – Start Of A Bigger Rally?

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Sui Price Prediction for Today, February 4 – SUI Technical Analysis

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Sui (SUI) continues to capture the crypto market’s attention with its remarkable scalability and focus on cost-efficient transactions. Currently ranked #14 on CoinMarketCap and priced at $3.44, SUI has experienced both challenges and resilience, as shown by its recent price trends. Will the technical and fundamental strengths of Sui be enough to reignite bullish momentum and push it beyond critical resistance levels? SUI Key Statistics Current Price: $3.44 Market Cap: $10.6 billion Trading Volume (24h): $2.7 billion Circulating Supply: 3.09 billion SUI Total Supply: 10 billion SUI CoinMarketCap Ranking: #14 Over the past 30 and 7 days, Sui (SUI) has decreased by -35.41% and -18.53%, respectively, from its highest prices during those periods. However, compared to the lowest prices recorded in the same timeframe, it has increased by 8.83%. SUI/USD Market Key Levels Resistance: $4.02, $5.06, $5.38 Support: $3.28, $2.97, $2.50 SUIUSD – Daily Chart S...

Dogecoin Price Prediction for Today, January 4 – DOGE Technical Analysis

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The Dogecoin price prediction shows that the Dogecoin price remains within a bullish setup, as long as it sustains above the 21-day MA and the rising channel’s midline. Dogecoin Prediction Data: Dogecoin price now – $0.383 Dogecoin market cap – $56.42 billion Dogecoin circulating supply – 147.48 billion Dogecoin total supply – 147.48 billion Dogecoin Coinmarketcap ranking – #7 Dogecoin (DOGE) has demonstrated remarkable growth since its inception, soaring an incredible +449,559.03% from its all-time low of $0.00008547 in May 2015. Although currently trading around -47.89% below its all-time high of $0.7376 reached in May 2021, DOGE remains a strong contender in the crypto space. Over the past 24 hours, its price ranged between $0.3748 and $0.3946, reflecting typical market activity. This impressive journey, from a niche meme coin to widespread adoption, underscores the importance of early involvement and thorough research in cryptocurrency in...

Uniswap (UNI) Price Prediction for Today, October 10 – UNI Technical Analysis

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Uniswap (UNI) has achieved a commendable milestone by breaking past the $8.20 mark, a recent high that positions it favorably amidst a predominantly bearish trend in the broader cryptocurrency market. This significant price increase reflects growing excitement surrounding UNI and suggests the potential for further gains. UNI Key Statistics Current Price : $8.20 Market Cap : $4.91 billion Trading Volume (24h) : $290.10 million Circulating Supply : 600.29 million UNI Total Supply : 1.00 billion UNI CoinMarketCap Ranking : #21. Uniswap has successfully broken past the $8.20 milestone, underscoring its upward momentum. Currently, it is trading 2.18% above its maximum price over the last 30 days and 7.59% above its 7-day high. This impressive surge is complemented by significant gains from its recent lows, with Uniswap rising 27.07% from its monthly low and 25.34% from its 7-day low. This strong recovery trajectory solidifies Uniswap’s position, poised for further growth. UN...

Kaspa (KAS) Price Analysis for Today, September 2 – KAS Technical Analysis

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Kaspa (KAS) continues to hold a strong position in the cryptocurrency market, with a current price of $0.159. It boasts a market capitalization of $3.94 billion and a 24-hour trading volume of $49.7 million. Kaspa is ranked #22 on CoinMarketCap, reflecting its solid presence in the industry. KAS Key Statistics Current Price: $0.159 Market Cap: $3.94 billion Trading Volume (24h): $49.7 million Circulating Supply: 24.60 billion KAS Total Supply: 24.60 billion KAS CoinMarketCap Ranking: #22 Despite a decline of 21.27% from its peak over the past 30 days and a 7.75% drop in the last 7 days, Kaspa has demonstrated resilience, with a 26.83% recovery from its lowest prices in the past month and a modest 1.16% increase over the last week. KAS/USD Market Analysis Key Levels: Resistance: $0.172, $0.180, $0.200 Support: $0.156, $0.145, $0.135 KASUSD – Daily Chart KAS/USD is currently hovering near the $0.156 support level, close to the lower Bollinger Band, which su...

Bitcoin ‘Red year’ projection targets $250,000 in 2025 for new all-time high

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Amid Bitcoin’s (BTC) ongoing struggle to convincingly sustain levels above $60,000, technical Analysis , combined with historical price patterns, suggests a potential path towards a new all-time high (ATH) of around $250,000 by late 2025. In a recent Analysis shared by crypto analyst CryptoCon on August 19, Bitcoin’s price movements were evaluated using the November 28th Cycles Theory.  This theory divides Bitcoin’s price history into four distinct phases. Notably, ‘New All-Time High (Red Year)’, ‘Bear Market (Orange Year)’, Accumulation (Green Year)’, and ‘Preparation (Blue Year)’.  Picks for you Mike Lynch’s net worth revealed: How rich is the missing British tech entrepreneur? 39 mins ago XRP flashes signal hinting at reclai...