On December 24, 2024, Bitcoin’s price continues to decline, dropping to a critical support level of $92,600 as the anticipated Santa Claus rally fails to materialize. Traders are considering both bearish and bullish strategies; selling BTC/USD with a target of $90,000 or buying with a target of $97,000, accompanied by respective stop-loss levels. Despite good ...
Bitcoin (BTC) recently experienced a drop to around $96,000 after the Federal Reserve announced fewer anticipated interest rate cuts for 2025. This decline followed a peak of nearly $108,266 earlier in the week. Traders noticed a bearish crossover, where the 50-hour moving average fell below the 200-hour moving average, a pattern that has historically indicated ...
On Wednesday, Bitcoin’s price saw a slight decline after reaching a new all-time high of $108,353 the day before, currently trading around $105,019. Ethereum, facing resistance near the $4,000 mark, experienced a drop to approximately $3,858, indicating possible further correction. Ripple also traded lower at about $2.53 after recently testing $2.66, suggesting potential pullbacks ahead. ...
Bitcoin is experiencing a significant surge, surpassing the $105,000 resistance level and reaching a new all-time high of over $107,000. Currently, Bitcoin is trading above $104,000 and showing strong momentum, supported by a key bullish trend line. For continued gains, it must maintain support above $103,500. If the price breaks through the resistance at $107,500, ...
Crypto analyst Elalemiami has indicated that Dogecoin (DOGE) is preparing to test the Gaussian channel on the price chart. He predicts that this could lead to a price target of $2.5, with potential highs reaching $3. Historical patterns suggest that when Dogecoin approached this channel in the past, it resulted in significant price rebounds. Despite ...
The cryptocurrency community is buzzing with speculation that XRP, the native token of the Ripple network, could be poised for a significant price surge in the coming week. According to several industry analysts and experts, XRP is forecasted to reach around $0.55, with the potential to even hit the $0.60 mark if the upward momentum ...
