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Showing posts with the label support level

Pi Network Price Prediction: Can It Break $1.5 Resistance?

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The Pi Network price prediction shows that the cryptocurrency is, at the time of writing, in a correction phase after hitting its all-time high of $3. Currently trading at approximately $1.39, investors and traders alike are actively monitoring to see if PI can actually break through the crucial $1.5 resistance level this week. The pi coin price Analysis has effectively catalyzed numerous significant discussions among market participants who believe that if buyers can successfully leverage their positions to push above this threshold, we might potentially see a relief rally toward the $1.8 mark. Also Read: Shiba Inu: Analyst Predicts SHIB To Rally 531% to $0.00007380 Pi Coin Price Analysis and Forecast: Understanding Resistance and Market Trends Source: ValueWalk The market performance of Pi Network has been drawing considerable attention across several key crypto communities recently. After reaching its peak value, a correction was subsequently triggered that ultimately sent PI down ...

Bitcoin bull market will be over if this happens, according to expert

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Bitcoin (BTC) is trading in bear territory, but from a broader perspective, the asset remains in a bull market after reaching a record high of $108,000 in late January. Now, technical indicators hint at when the bull market for the maiden digital currency might end. Specifically, Bitcoin’s 50-week moving average (MA) is serving as a crucial support level, and a weekly close below it could signal the end of the ongoing bull market, according to crypto analyst Mikybull Crypto . Picks for you Here’s how much an early 2025 investment in Robert Kiyosaki’s portfolio is worth today 41 mins ago Bitcoin analysts set recovery roadmap from the crash up to $150,000 1 hour ago ...

XRP Price Prediction: As Viral WallStreetBets Post Says Elon Musk May Pivot To Ripple Token, Traders Pile Into This ICO For Diversified Crypto Investing

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The XRP price has soared 3% in the last 24 hours to trade at $2.38 as of 11:45 p.m. EST on a 9% jump in trading volume to $9.2 billion. The surge in the price of the Ripple token comes amid speculation that Elon Musk may be turning his attention to cryptocurrency. A viral WallStreetBets tweet suggested Musk’s growing interest in XRP, drawing comparisons to his past endorsements of Dogecoin (DOGE) and Bitcoin (BTC). Elon Musk's latest crush on $XRP might just turn the crypto world upside down Who knew the man who flirted with Dogecoin now turning $XRP the prom queen — wallstreetbets (@wallstreetbets) February 6, 2025 As excitement builds, investors are seeing a potential “Elon Musk effect” similar to what propelled Dogecoin to massive gains. XRP Price Could Continue The Downturn XRP is currently trading at $2.3987, reflecting a modest gain of 0.08% for the day. The price opened at $2.3969, reached a high of $2.4277, and dipped to a low of $2.3757. Despite ...

‘It Could Get Ugly’: Analyst Says Bitcoin Could Lose Major Support Level and Plunge Lower – Here Are His Targets

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A widely followed cryptocurrency trader is warning that Bitcoin (BTC) may suddenly collapse if it loses a key support level. The trader pseudonymously known as Altcoin Sherpa tells his 239,300 followers on the social media platform X that if Bitcoin loses $90,000 as support, the flagship crypto may plummet all the way down to the low $80,000 range. He also says that Bitcoin may remain bearish until the US government decides what it will do with the seized Bitcoin from the Silk Road darknet marketplace after reports this week that it was legally cleared to sell over 69,000 BTC. “BTC: maybe we’re going to just see an endless TWAP (Time-Weighted Average Price) sell for now and no bidders until this stupid government sell-off is over. If people get over-levered, then it could get ugly if we lose $90,000 or so. Hoping we can absorb it but not feeling super confident. Wouldn’t be super surprised If we wick down to mid, low $80,000s in some scenarios....

XRP crashes below $2, erasing $24 billion in a day

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XRP took a sharp nosedive, slipping below the crucial $2 mark and sending shockwaves through the crypto community.  Currently trading at $1.97, XRP fell from $2.41 in less than 24 hours, marking a staggering 18% drop for the day.  XRP 1-day price chart. Source: Finbold The market cap tumbled from $137.8 billion to $113.8 billion, resulting in a loss of $24 billion in value within a day.  Picks for you ‘Rich Dad’ R. Kiyosaki reveals ‘it’s not too late to buy Bitcoin' 21 mins ago Crypto market crashes as $310 billion exits total market cap 1 hour ago $12 billion wiped from Solana (SOL) in a day 2 hours ag...

Bitcoin price set for a massive crash if this crucial level is lost

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Bitcoin’s (BTC) performance in the cryptocurrency market in the last month has, in many ways, been reminiscent of the previous bull cycles. Specifically, the cryptocurrency has been moving at a neck-breaking pace, generating or erasing tens and hundreds of billions of dollars of value within ours. One on-chain expert and cryptocurrency analyst, Ali Martinez, has found a constant amidst the volatility: BTC’s most important support level. Indeed, according to the expert, Bitcoin must remain above $96,000 with at least relative consistency, lest it face a collapse to $85,000. Interestingly, despite the cryptocurrency market’s dynamism and BTC making the round trip toward $104,000 and back last week, the crash zones have remained fairly consistent. Picks for you R. Kiyosaki reveals what to do ‘when the stock market bursts’ ...

Major Large-Cap Altcoin on the Cusp of Rallying Further, According to Crypto Trader – Here’s Why

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A closely followed crypto strategist believes that one top-10 altcoin is about to move another leg up. Pseudonymous analyst Altcoin Sherpa tells his 215,400 followers on the social media platform X that that he thinks BNB, the native asset of the DeFi protocol Binance Smart Chain, will witness higher prices this year. He also believes that the expected release next month of Changpeng Zhao (CZ), the former CEO of Binance, could be a bullish catalyst for BNB. “BNB is still one of the better majors out there right now; also going to coincide with CZ’s release date about a month from now. You can try to get ahead of this by buying BNB and also getting some BNB exposure to shitcoins (aka memes on there).” Source: Altcoin Sherpa/X Looking at his chart, the trader suggests that BNB could soon flip $612 into a support level. BNB is trading for $584 at time of writing, up more than 2% in the last 24 hours. Next up, the analyst is expressing bullish se...