NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.
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Cardano’s ADA token has returned to a familiar but uncomfortable zone. After months of lower highs and failed recovery attempts, the price has slid back toward long-term support levels that have defined its structure for more than two years. Related Reading: XRP Hasn’t Entered A Bear Market Yet; Analyst Shares Why The move comes amid a broader market pullback, as risk appetite weakens across...
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Ethereum’s price action has weakened further over the past 24 hours, with the cryptocurrency falling below $3,000 and shedding about 6.8% in the last 24 hours alone. The immediate price action points to reclaiming this $3,000 support, but a longer-term technical view suggests the current decline may be part of a much larger and more defined price framework. A macro analysis shared by crypto...
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A private investment firm has outlined why XRP constitutes the largest share of its portfolio. The firm explains that its investment rationale is anchored in XRP’s Proven operational performance and functional utility rather than aspirational projections, community momentum, or speculative price expectations. As a result, the position reflects a deliberate focus on infrastructure value,...
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Dogecoin’s (DOGE) latest selloff has forced traders to confront a question that has followed the meme coin since its peak years. Is this another temporary washout, or a deeper reset in how the market values DOGE? Related Reading: XRP Hasn’t Entered A Bear Market Yet; Analyst Shares Why Over the past 24 hours, Dogecoin slipped sharply below levels that had held through weeks of...
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Crypto analyst Erick Crypto has highlighted a Dogecoin price squeeze, which is currently playing out. Based on this, he mentioned two possible scenarios that could play out for the largest meme coin by market cap. Two Possible Scenarios as Dogecoin Price Squeezes In an X post, Erick Crypto stated that the Dogecoin price is squeezing hard, with a descending triangle and strong horizontal support...
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Dogecoin’s weekly price chart is revealing an interesting event of an important momentum indicator hitting a level that has always been a major turning point for the cryptocurrency. After spending the past several weeks falling lower into the $0.13 price region, Dogecoin’s Relative Strength Index on the weekly timeframe has reached levels that have only appeared a handful of times over the...
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The weekly chart for Dogecoin shows a signal that could be of greater significance due to its rarity. Crypto analyst Cryptollica pointed to DOGE’s weekly RSI tagging roughly 33.6 and claimed that level has shown up only four times in 11 years. “DOGE WEEKLY RSI. 4 times in 11 years ..,” he posted. What This Means For The Dogecoin Price DOGE, for context, was trading around $0.129 at the time of...
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Crypto analyst Dark Defender has been one of the most vocal supporters of XRP, and this stance has not changed despite the altcoin’s current price action. If anything, the analyst believes that the current downtrend actually plays into the XRP long-term target, claiming that the cryptocurrency remains inherently bullish. If the analyst is right, then it means that the XRP price could be gearing...
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Data shows Bitcoin has witnessed a notable amount of gains during the US trading session in December so far, a shift compared to the November trend. Bitcoin Has Performed The Best During US Trading Session This Month As explained by CryptoQuant community analyst Maartunn in a new post on X, the American trading session has flipped for Bitcoin in December. Below is the chart shared by Maartunn,...
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Bitcoin (BTC) has experienced a 4% drop, falling below the $86,000 mark on Monday, as market speculation grows regarding the cryptocurrency’s future following the Bank of Japan’s (BOJ) interest rate decision. In a recent poll conducted from December 2 to 9, an overwhelming 90% of economists—63 out of 70—predicted that the BOJ would increase short-term interest rates from 0.50% to 0.75% at...