Bitcoin price started a recovery wave above the $76,800 zone. BTC is consolidating and might aim for more gains if it clears the $78,300 resistance zone. Bitcoin managed to form a base above $76,000 and started a recovery wave. The price is trading above $77,200 and the 100 hourly simple moving average. There was a break above a bearish trend line with resistance at $77,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might gain bullish momentum if it settles above the $79,000 zone. Bitcoin Price Eyes Fresh Upside Break Bitcoin price remained supported above the $76,000 zone. BTC formed a base and settled above $76,500 to start a recovery wave. There was a move above the $76,650 and $77,000 levels. The bulls were able to push the price above the 23.6% Fib retracement level of the downward move from the $82,017 swing high to the $76,020 low. Besides, there was a break above a bearish trend line with resistance at $77,200 on the hourly chart of the BTC/USD pa
Ethereum price started a recovery wave above the $2,110 zone. ETH is now consolidating and might struggle to continue higher above the $2,150 resistance. Ethereum started a recovery wave above the $2,120 zone. The price is trading below $2,140 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $2,110 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,150 zone. Ethereum Price Eyes Recovery Ethereum price remained bid above the $2,065 support zone, like Bitcoin. ETH price formed a base and started a recovery wave above the $2,080 resistance. The price surpassed the 50% Fib retracement level of the downward move from the $2,198 swing high to the $2,075 swing low. Besides, there was a break above a bearish trend line with resistance at $2,110 on the hourly chart of ETH/USD. Ethereum price is now trading below $2,150 and the 100-hourly Simple Moving Average. If the bulls
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XRP is struggling below resistance as selling pressure weighs on a price that has retreated from the $1.45 level that briefly offered hope of a sustained recovery. The market is cautious, and an Arab Chain report tracking institutional accumulation behavior has identified a shift in large investor activity that provides a specific on-chain explanation for why the current weakness has been difficult to arrest. Related Reading: Bitcoin’s 2026 Market Structure Reveals A Problem Hidden Beneath ETF Growth The institutional accumulation indicator for XRP on Binance has dropped to approximately -0.0059, returning to negative territory after a period of meaningful improvement through April. The regression matters because of what preceded it. From late March onward, the indicator had been climbing gradually — a sustained, directional improvement that reflected growing institutional buying interest as XRP’s price recovered toward $1.45. The positive readings that accompanied that price improveme
A crypto analyst has shared a new analysis of Bitcoin (BTC), sharing many brutal truths that most people in the crypto market tend to miss. The analyst noted that despite the recent decline in Bitcoin’s price, most market participants still believe that the flagship cryptocurrency can rally much higher. Meanwhile, he stated that the market […]
Profit-taking by Bitcoin traders pushed the Coinbase BTC premium to a six-week low, but demand from longer-term traders put a clear support under the range lows.
