As Bitcoin price continues to decline, investors are growing anxious about the future of their investments. The price has extended its decline below the $65,000 support and is now struggling to stay above the $62,000 support zone. This downward trend has caused concern among traders and investors who are now closely monitoring the market. Bitcoin
Analysis
XRP price has recently experienced a downside correction after failing to break through the $0.7450 resistance level. As a result, the bulls are facing challenges in keeping the price above the $0.5850 support zone. The price is currently below $0.650 and the 100 simple moving average (4 hours), indicating a bearish trend in the market.
Ripple, a prominent player in the cryptocurrency market, has been under scrutiny for its periodic sales of XRP tokens. Recently, the company transferred a substantial amount of XRP tokens to an unknown address in two separate transactions. The first transaction, involving 100 million XRP, took place on March 5, followed by another transfer of 140
As Solana (SOL) surpasses the $200 mark, investors are thrilled to see the positive signs indicating further growth. The latest data from Kraken shows that SOL price is now above $200 and the 100 simple moving average (4 hours), suggesting a strong bullish trend. Moreover, a connecting bullish trend line with support at $195 on
Ethereum has recently experienced a downside correction below the $3,650 mark, breaking below the $3,500 support level. Currently, the price is attempting a recovery wave in the near term. This downward correction is in line with the overall market trend, similar to what Bitcoin has been experiencing. Key Resistance Levels to Watch There is a
Bitcoin price has been experiencing a downward trend recently, moving lower from the $73,000 resistance zone. The current price is trading below $71,000 and the 100 hourly Simple Moving Average, indicating a corrective phase in the market. A notable event was the break below a key bullish trend line with support at $72,820 on the
The current Ethereum price is showing signs of struggle above the $4,000 zone. Although ETH had reached a new multi-month high above $4,080, it is slowly moving lower now and there is a risk of a downside thrust towards the $3,850 support level. The price is currently trading below $4,000 and the 100-hourly Simple Moving
The price of BNB is gaining bullish momentum as it surpasses the $550 resistance level. This upward trend is showing promising signs and there is potential for the rally to extend above $650. With a surge of over 15%, BNB has broken through the $600 resistance zone and is currently trading above $580 along with
XRP has been making headlines recently due to its significant surge in price, catching the attention of the crypto community. Analysts have been predicting that this surge could be the start of a long-awaited rally for the digital asset. One notable analyst, Dark Defender, has shared his optimistic forecast for XRP with the community. He
In recent weeks, the cryptocurrency community has been buzzing with excitement over the significant surge in value experienced by NEAR Protocol (NEAR). With a staggering 130% increase in price over the past month, NEAR has captured the attention of investors and analysts alike. The current price of $7.91 per token has sparked a wave of
