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Bitcoin to end up at $60,000 if this critical level fails to hold

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Bitcoin (BTC) is still facing a stalemate as the price maintains its consolidation, with a crypto trading expert identifying a chart level that could give bears the upper hand if breached. In a TradingView post on June 13, the analyst TradingShot pointed out that Bitcoin is at a critical juncture, identifying the one-day moving average 50 (1D MA50) at around $65,000 as a significant support level . The analyst noted that this level needs to hold to prevent further declines. If Bitcoin breaches this level , it may test the $60,000 support zone again. Picks for you EUR stablecoins volume hit all-time high as E.U. crypto regulation tightens 25 mins ago NiceHash teams up with MARA to launch a custom firmware for Bitcoin ASIC miners ...

Bitcoin aims lower after losing strong support; Key levels to watch

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Market analysts are projecting further downsides for Bitcoin (BTC) in the coming days after the flagship cryptocurrency suffered sudden losses as risk assets react to escalating geopolitical tensions in the Middle East. In this context, market participants were hoping for Bitcoin to hold above the $70,000 mark, acting as an anchor for another potential record high, possibly surpassing the $100,000 mark. Regarding the next trajectory, crypto analyst Alan Santana pointed out in a TradingView post on April 14 that Bitcoin’s recent downturn may be just the beginning of a more substantial correction. Picks for you UFC 300 victorious fighter wants the $300,000 bonus in Bitcoin 2 hours ago Dogecoin support wavers as whales move; Brace for further DOGE drop? 2 hours ago Ripple sells 100 million XRP as geopolitical tensions escalate 3 hours ago 2 cryptocurrencies to reach $50 billion market cap in April 5 hours ago Santana’s Analysis , bas...

Can XRP price hit $1? Watch these levels next

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XRP price almost doubled after Ripple's legal win against the U.S. SEC. But can its rally continue after nearly reaching $1? The price of XRP (XRP) has skyrocketed in the aftermath of a federal court ruling saying that its sales on crypto exchanges complied with U.S. securities laws. On July 14, XRP price retreated by about 10% to $0.76, but compared to its lowest price the previous day, it was still up around 65%. Related: Why is XRP price up today? At its highest in the last 24 hours, the XRP/USD pairreached $0.93, its best level since December 2021, just shy of hitting the $1 mark. XRP/USD daily price chart. Source: TradingView A whale-backed XRP rally Certain indicators show that XRP's ongoing price pump may not be just a short-term reaction to the positive news for Ripple. For instance, the duration of XRP's massive pump coincides with its trading volumes reaching a 10-month high. Meanwhile, the number of XRP whale transactions — or wallets holding more than $100,0...

3 key Ethereum price metrics point to growing resistance at the $1,750 level

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Ethereum price looks poised for additional downside as low as the $1,560 level. Ether (ETH) price plunged 7% between June 14 and June 15, reaching its lowest level in three months and impacting investors’ view that the altcoin was en-route to turning $2,000 to support.  It is worth noting that the $1,620 bottom represents a $196 billion market capitalization for Ether, which is higher than PetroChina’s $186 billion, and not far from chipmaker AMD’s $198 billion. Being the 66th largest global tradable asset in the world is no small feat, especially considering that the cryptocurrency is merely 8 years old and does not return any kind of direct profit for the project’s maintenance. On the other hand, securities enjoy the benefits of corporate earnings and eventual government subsidies, so perhaps investors should be concerned by the recent price drop from Ether. Ether price pressured succumbs to regulation and lowered network activity Regulatory pressure helped to subdue investors’ a...

Can Bitcoin reclaim $30K? Watch these BTC price levels next

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Bitcoin bulls still have an opportunity to turn the situation around, analysis suggests, with BTC’s price recovering to a key springboard level. Bitcoin (BTC) fought to regain lost ground at the April 19 Wall Street open as traders called for calm on the day’s downside. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Unusual” spot sell triggers BTC price suspicion Data from Cointelegraph Markets Pro and TradingView monitored BTC/USD as it crawled toward $29,500 on Bitstamp. The pair had shed $1,000 in minutes earlier on the day as over $200 million in long liquidations accompanied a return below $30,000. Reactions subsequently linked the price action, which originated in a 16,000-BTC market sell on Binance, to a potential forthcoming news event, this ultimately failing to materialize at the time of writing. $BTC Either a new local low here if $29K is held & no FUD is dropped later However, 16K BTC is unusual size to be market sold solely from Binance spot usually the ...