NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.
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Solana started a recovery wave above the $132 zone. SOL price is now consolidating and faces hurdles near the $138 zone. SOL price started a decent recovery wave above $130 and $132 against the US Dollar. The price is now trading below $138 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $132 on the hourly chart of the SOL/USD pair...
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XRP price started a recovery wave above $2.050. The price is now showing positive signs but might struggle to clear the $2.10 resistance. XRP price started a recovery wave above the $2.050 zone. The price is now trading above $2.060 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2.090 on the hourly chart of the XRP/USD pair (data...
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Ethereum price started a fresh increase above $3,000. ETH is now consolidating gains and might aim for more gains above $3,150. Ethereum started a fresh increase above the $3,000 and $3,020 levels. The price is trading above $3,050 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,140 on the hourly chart of ETH/USD (data feed via Kraken)....
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Bitcoin price started a fresh increase above $90,500. BTC is now consolidating gains and might attempt an upside break above $91,650. Bitcoin started a fresh increase above the $90,500 zone. The price is trading above $91,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $90,000 on the hourly chart of the BTC/USD pair (data feed...
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Prominent market analyst Michael Van de Poppe has shared four market conditions that would confirm an altcoin market rally. Meanwhile, the cryptocurrency market continues to experience a widespread correction, weighing down the price growth of several assets. Ethereum Outperforms Bitcoin: A Positive Sign For Altcoins? Ethereum has shown more resilience in the last month than Bitcoin, which is...
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Dogecoin has just celebrated its 12th anniversary, a milestone that arrives during a period of shaky price action. The meme coin has spent the majority of recent days trading with a bearish tone, but its anniversary places into perspective how much the crypto environment has changed since the token’s joke-related launch in 2013. The celebration comes as analysts continue to debate whether...
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Bitcoin’s (BTC) ongoing price correction has been accompanied by several other negative developments that continue to grab investors’ attention. Most recently, market analyst Darkfost has observed a significant crash in Bitcoin spot trading volume, while highlighting potential long-term implications of such an event. Related Reading: Here’s Why Bitcoin Volatility Sparks Fresh Attention On...
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The latest market conditions have pushed hopes of an altcoin season even further out of reach. Bitcoin continues to dominate the market with a 59.6% share, and its recent struggle to hold bullish momentum has not translated into any meaningful boost for altcoins. Related Reading: Italy’s Market Watchdog Gives Crypto Firms A Clear Order: Act Or Exit Broader sentiment has weakened as well, with...
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Following a fresh wave of bearish pressure on Friday, December 5, the price of Bitcoin has struggled beneath the psychological 90,000 level for much of the weekend. However, the latest on-chain data suggests that the premier cryptocurrency might be readying for its next healthy upward move. BTC SOPR Drops To Lowest Level Since Early 2024 In a December 6 post on the X platform, CryptoOnchain...
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The Bitcoin market appears to be riddled with an increasing amount of sell-side pressure, as its recent price action reveals bears’ dominance. Interestingly, another on-chain evaluation suggests that the current market movement may be a direct effect of rising panic-induced sales. $1.7B Realized Losses Vs $605M Realized Gains In a Quicktake post on the CryptoQuant platform, GugaOnChain...