Tag Archives: Technical analysis

Solana (SOL) Spikes to $160 — Will Bulls Power Past This Wall?

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Solana started a fresh increase above the $155 zone. SOL price is now consolidating gains and might struggle to rise above the $160 resistance. SOL price started a fresh upward move above the $150 and $155 levels against the US Dollar. The price is now trading above $152 and the 100-hourly simple moving average. There… Continue reading Solana (SOL) Spikes to $160 — Will Bulls Power Past This Wall?→

Bitcoin Rally Ahead? DXY Breakdown Suggests Capital Shift To Risk-On Assets

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The US national debt recently hit a new all-time high (ATH), surging above $36.5 trillion and putting significant pressure on the US Dollar Index (DXY). As the DXY struggles under the weight of mounting debt, crypto analysts believe capital may soon shift to risk-on assets like Bitcoin (BTC). DXY Breakdown Suggests Bitcoin Rally According to… Continue reading Bitcoin Rally Ahead? DXY Breakdown Suggests Capital Shift To Risk-On Assets→

Bitcoin Absorbs Strong Selling Pressure On Binance Derivatives – Breakout Ahead?

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Bitcoin (BTC) has remained range-bound between $100,000 and $110,000 since May 7, aside from a few dips to as low as $98,000 in June, which were quickly followed by daily candle closes above the $100,000 level. Recent analysis reveals that BTC has withstood sustained selling pressure on Binance Derivatives throughout this period. Bitcoin Withstands Binance… Continue reading Bitcoin Absorbs Strong Selling Pressure On Binance Derivatives – Breakout Ahead?→

Bitcoin Heating Up? NVT Golden Cross Hints At Potential Local Top

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Bitcoin (BTC) is up 7% over the last two weeks, showing signs of strength despite expectations that the US Federal Reserve (Fed) will keep interest rates unchanged at its upcoming July 30 meeting. However, some indicators suggest that the market may be entering overheating territory. Bitcoin Market Entering Overheating Territory? According to a recent CryptoQuant… Continue reading Bitcoin Heating Up? NVT Golden Cross Hints At Potential Local Top→

Ethereum Approaches Wyckoff ‘Liftoff’ Phase – Can ETH Reach A New High?

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Ethereum (ETH) is up 4.2% over the past seven days, trading in the mid-$2,500 range at the time of writing. Although the digital asset remains down 19% on a year-over-year (YoY) basis, some analysts are optimistic that it’s ready for a liftoff. Ethereum Enters Wyckoff ‘Liftoff’ Phase In an X post published today, crypto trader… Continue reading Ethereum Approaches Wyckoff ‘Liftoff’ Phase – Can ETH Reach A New High?→

Solana (SOL) Cools After Recovery — Resistance Proving Difficult to Crack

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Solana started a recovery wave above the $150 zone. SOL price is now correcting gains and might struggle to rise above the $155 resistance. SOL price started a fresh decline after it failed to clear $155 against the US Dollar. The price is now trading near $152 and the 100-hourly simple moving average. There is… Continue reading Solana (SOL) Cools After Recovery — Resistance Proving Difficult to Crack→

Bitcoin Realized Dominance Signals Weak Hands Capitulating, Strong Hands Rising

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As Bitcoin (BTC) continues to trade within striking distance of its all-time high (ATH), a noticeable shift is underway in the cryptocurrency’s Realized Dominance metric, reflecting changes in behavior between short-term holders (STH) and long-term holders (LTH). Bitcoin Realized Dominance Shows Shift In Market Sentiment According to a recent CryptoQuant Quicktake post by contributor Crazzyblockk,… Continue reading Bitcoin Realized Dominance Signals Weak Hands Capitulating, Strong Hands Rising→

Solana (SOL) at Crossroads — Bounce Likely If $142 Remains Intact

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Solana started a fresh decline and retested the $145 support zone. SOL price is now recovering and might aim for a fresh increase above the $150 zone. SOL price started a fresh decline after it failed to clear $160 against the US Dollar. The price is now trading below $150 and the 100-hourly simple moving… Continue reading Solana (SOL) at Crossroads — Bounce Likely If $142 Remains Intact→

Bitcoin Market Enters Caution Zone Amid Rising Sell-Side Pressure, Analyst Says

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Although Bitcoin (BTC) has recorded slight gains over the past month – up 3.6% in the last 30 days – the leading cryptocurrency is experiencing a lack of Apparent Demand, indicating broader market weakness that could lead to a price slump in the near term. Bitcoin Apparent Demand Enters Negative Territory According to a recent… Continue reading Bitcoin Market Enters Caution Zone Amid Rising Sell-Side Pressure, Analyst Says→

Ethereum Reclaims $2,500 In Squeeze-Driven Rally – But Can It Hold?

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Ethereum (ETH) has recorded strong gains over the past two weeks, rising from $2,111 on June 12 to $2,515 on June 25, reigniting hopes for a sustained bullish rally that could push the digital asset beyond the crucial $3,000 level. Ethereum Rally Marked By Shift In Dynamics According to a recent CryptoQuant Quicktake post by… Continue reading Ethereum Reclaims $2,500 In Squeeze-Driven Rally – But Can It Hold?→