Amid the latest market recovery, Ethereum (ETH) attempted to break out from its multi-month downtrend, leading some market watchers to suggest that a new rally could start soon. However, as price struggles to hold the $1,600 level as support, the cryptocurrency risks losing recent momentum. Ethereum Breakout Eyes Key Resistance On Easter Sunday, the crypto…
View More Ethereum Attempts Breakout From Multi-Month Downtrend, But Can ETH Hold $1,600?
Solana (SOL) has seen a nearly 40% retrace over the past month, losing key support levels since February. As its price retests a key horizontal level, some analysts warn of a potential 50% correction to a yearly low. Solana Loses Key Support Level Solana has been one of the leading cryptocurrencies of the cycle, fueled…
View More Solana (SOL) Retests Crucial Support Level – Is A 50% Price Drop On The Horizon?
Bitcoin (BTC) continues to move within its one-week range after recovering from its recent drop to $91,000 but has failed to reclaim support above the $98,000 mark. Some analysts consider that BTC’s sentiment will remain neutral while it regains this support zone and builds up momentum toward a new high. Bitcoin Price Stability Could Lead…
View More Bitcoin Finds Price Stability: Reclaiming $101,000 Depends On This Level
Ahead of its monthly close, Bitcoin (BTC) has seen another unsuccessful attempt to reclaim the $72,000 resistance as a support level. Despite the drop, some analysts consider the cryptocurrency is still in a strong position for an upcoming breakout, setting the next levels to watch. BTC’s Sweet 16 Party Turns Spooky Bitcoin, the largest cryptocurrency…
View More Bitcoin Faces Fifth Consecutive Rejection At $72,000, Is Another Correction Coming?