Ethereum price started a downside correction from $2,380. ETH is now showing a few bearish signs and might decline further if it trades below $2,300. Ethereum started a downside correction below the $2,360 zone. The price is trading below $2,350 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,350 zone. Ethereum Price Dips Again Ethereum price failed to stay above the $2,365 zone and extended its decline, like Bitcoin. ETH price gained pace for a move below the $2,350 and $2,340 levels. There was a break below a bullish trend line with support at $2,340 on the hourly chart of ETH/USD. The bears pushed the price below the 50% Fib retracement level of the upward move from the $2,265 swing low to the $2,382 high. Finally, the bulls appeared near $2,300. Ethereum price is now trading below $2,340 and the 100-hourly
XRP trades near $1.47 as bulls target a breakout above $1.49, with $1.80 emerging as the next upside level. XRP traded near $1.47 on the daily chart as analysts watched a key breakout level at $1.49. A daily close above the top of the short-term channel could open a move toward $1.80, while failure to […]
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Jin's massive ETH deposit could either stabilize or destabilize the market, highlighting the influence of large holders on crypto dynamics.
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Tom Lee has also doubled down on the idea that the crypto spring has started and pointed to the Ether price rising in correlation with software stocks as further evidence.
Dogecoin started a fresh increase from the $0.1050 zone against the US Dollar. DOGE is now facing hurdles near $0.1120 and might aim for a larger rally. DOGE price started a decent upward move above $0.1080 and $0.1085. The price is trading above the $0.1090 level and the 100-hourly simple moving average. There is a key contracting triangle forming with support at $0.1090 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to move up if it stays above $0.1080. Dogecoin Price Faces Hurdles Dogecoin price remained supported above the $0.1020 zone and started a fresh increase, like Bitcoin and Ethereum. DOGE climbed above the $0.1080 and $0.1085 resistance levels. The price gained over 5% and tested the $0.1125 zone. There was a move above the 50% Fib retracement level of the downward move from the $0.1172 swing high to the $0.1058 low. Besides, there is a key contracting triangle forming with support at $0.1090 on the hourly chart of the DOGE/USD
XRP price started a downside correction from the $1.5050 zone. The price is now consolidating and might aim for another increase if it stays above the $1.4450 zone. XRP price started a downside correction after it failed to stay above the $1.50 zone. The price is now trading above $1.4450 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $1.4450 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it settles above $1.480. XRP Price Holds Key Support XRP price started a decent upward move above $1.4350 and $1.4550, outperforming Bitcoin and Ethereum. The price gained pace for a clear move above the $1.480 resistance. A high was formed at $1.5074, and the price started a downside correction. There was a move below $1.4750 and $1.4650. The price dipped below the 38.2% Fib retracement level of the upward move from the $1.3785 swing low to the $1.5074 high. The price is now trading above $1.
Bitcoin price started a downside correction from the $82,000 zone. BTC is consolidating and might aim for a fresh increase if it clears $82,000. Bitcoin failed to stay above $81,500 and extended losses. The price is trading above $80,500 and the 100 hourly simple moving average. There is a key contracting triangle forming with support at $80,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $81,800 and $82,000 levels. Bitcoin Price Dips Again Bitcoin price failed to clear the $82,000 resistance zone. BTC started a downside correction below the $81,500 and $81,200 levels to enter a short-term bearish zone. There was a move below the 50% Fib retracement level of the upward move from the $80,421 swing low to the $82,100 high. However, the bulls were active above $80,500. There is also a key contracting triangle forming with support at $80,800 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above $80,500
The altcoin market is gaining strength as a growing number of assets beyond the major names have begun pushing higher, drawing attention back to the broader ecosystem after months of Bitcoin-dominated price action. GugaOnchain has identified a specific signal in the volume data that suggests the shift may be more structural than it first appears. Related Reading: Ethereum Is Going Up While Shorts Are Piling In: Find Out What Usually Follows A closer examination of the CEX Volume Ratio — which tracks trading volume across all altcoins excluding the top five assets: Bitcoin, Ethereum, Solana, XRP, and Binance Coin — reveals what the analyst describes as an Altcoin Volume Increasing Trend. The signal is generated when the 30-day moving average of altcoin trading volume crosses above its 365-day moving average — a condition that filters out short-term noise and identifies sustained, trend-level increases in altcoin participation rather than isolated spikes driven by a single asset or event
Tom Lee has slowed Bitmine ETH purchases after the firm amassed over 5.2 million tokens and 4.3% of Ethereum’s supply. Bitmine Immersion Technologies (BMNR) bought 26,659 ETH last week worth roughly $63 million, sharply down from the more than 100,000…