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Showing posts with the label support level

Solana (SOL) Price Risks Drop Below $200 After Losing Key Support, Analyst Warns

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Ethereum By End Of 2025: Why A Surge Over $4,000 Is Imminent

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XRP MVRV Ratio Dips Below The 200-Day MA – Trend Shift Underway?

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Bitcoin could see another record high if this ‘brick wall’ is breached

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Bitcoin (BTC) is pushing to regain its six-figure valuation following a period where it risked falling below $90,000 support zone. However, on-chain data suggests a new record high could be on the horizon amid the recent volatility.  Specifically, data indicates that Bitcoin is currently hovering near a critical price range between $97,500 and $99,800, where over 924,000 addresses previously purchased more than 1.19 million BTC. To this end, prominent on-chain cryptocurrency analyst Ali Martinez identified this zone as a ‘brick wall’ due to the magnitude of Bitcoin accumulated at these levels, he said in an X post on December 21. Picks for you 2 cryptocurrencies to reach a $5 billion market cap in 2025 16 hours ago DeFi gets the data l...

Trader Says Ethereum-Based Altcoin Could Explode by Over 150%, Updates Outlook on Bitcoin, Solana and Toncoin

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Cryptocurrency analyst and trader Ali Martinez is leaning cautiously bullish on an Ethereum-based altcoin. Martinez tells his 70,300 followers on the social media platform X that the native token of the Ethereum (ETH) scaling solution Polygon (POL) is forming a descending triangle pattern, on the weekly chart. A descending triangle pattern is typically considered a bearish signal. According to Martinez, POL could appreciate by 155% from the current level if the support area at around the $0.34 price holds up. Source: Ali Martinez/X POL is trading at $0.369 at time of writing. If Polygon’s $0.34 support level fails, Martinez says, “However, if it breaks, a correction down to $0.19 is possible.” Source: Ali Martinez/X Next up is Bitcoin (BTC). Martinez says that earlier in the year, the Tom DeMark (TD) Sequential indicator, a tool used in technical Analysis to identify potential trend reversals, turned bearish. According to the analyst, Bitcoin mu...

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...