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Key takeaways Quant (QNT) extends its rally toward $80, supported by rising whale and retail demand. A breakout above the $80 resistance could set the stage for a potential rise toward $100. Quant (QNT) has extended its recent gains towards the $80 mark on Thursday, testing the potential breakout from a long-standing resistance trendline. The […] The post Quant (QNT) extends gains toward $80, testing breakout resistance appeared first on CoinJournal.
Read full articleChainlink price pulled back this week after facing rejection near a key Fibonacci resistance level, while traders closely watched whether bulls could defend the important support-resistance flip zone near $10. According to data from crypto.news, Chainlink (LINK) traded around $10.2…
The post Bitcoin Price Prediction: BTC Struggles Near CME Gap appeared on BitcoinEthereumNews.com. Bitcoin is trading near a key short-term zone as analysts track both wave support and CME gap levels. The charts show BTC stuck below stronger resistance, while $76,527 remains the main level that could decide whether the current recovery setup survives. Bitcoin Price Faces Key $76,527 Support as BTC Tests Short Term Wave Setup Bitcoin is trying to hold support near the $79,000 area, but the chart shared by More Crypto Online shows that BTC may still face more downside before a clear wave (2) bottom forms. The BTCUSD 15-minute chart places Bitcoin around $79,052. Price has already moved below the nearby support zone after failing to hold the upper range near $82,000. This weakness keeps the short-term structure under pressure. Bitcoin Short Term Wave Setup. Source: More Crypto Online on X More Crypto Online said he is “not confident” that wave (2) has bottomed yet. As a result, the blue s
The post Bitcoin struggles below $80,000 amid institutional withdrawal appeared on BitcoinEthereumNews.com. Key takeaways Bitcoin has dipped below $80,000 after being rejected by the key 200-day EMA supply zone. US-listed spot ETFs recorded an outflow of $635 million on Wednesday. Bitcoin (BTC) fell below $80,000 on Thursday after failing to overcome a key overhead supply area earlier this week. The pullback is attributed to fading institutional demand, with spot Exchange Traded Funds (ETFs) experiencing significant outflows, as well as a surge in traders’ profit-taking activity, increasing selling pressure on the leading cryptocurrency. Highest single-day ETF outflow in three months signals weakening institutional demand Institutional demand for Bitcoin has weakened, with spot ETFs recording a massive outflow of $635.23 million on Wednesday, the highest single-day withdrawal since the end of January. According to CoinGlass data, this marks the second consecutive day of withdrawals t
The post Silver: Rally stretched near term – OCBC appeared on BitcoinEthereumNews.com. OCBC strategist Christopher Wong describes Silver’s recent surge toward USD87–88/oz as driven mainly by technical momentum. He notes industrial metals are also better bid and that softer US–China rhetoric could support Silver further. However, overbought RSI and “buy the rumour, sell the fact” risks argue for near-term caution with resistance seen around 90–92.60. Overbought signals and profit risk “Silver rally looks stretched near term.” “Silver extended it run higher (+13% on 5d% change), with spot holding around the $87–88/oz area after breaking above the recent $83–84 resistance zone. The move looks less rates driven as yields were firmer.” “The move higher looks more driven by a mix of technical breakout momentum and possibly, pre-positioning ahead of the Trump–Xi meeting, especially as other industrial metals were also better bid. “ “A softer tone on US-China rhetoric on tariffs, supply chains
Key takeaways Bitcoin has dipped below $80,000 after being rejected by the key 200-day EMA supply zone. US-listed spot ETFs recorded an outflow of $635 million on Wednesday. Bitcoin (BTC) fell below $80,000 on Thursday after failing to overcome a key overhead supply area earlier this week. The pullback is attributed to fading institutional demand, […] The post Bitcoin struggles below $80,000 amid institutional withdrawal appeared first on CoinJournal.
Solana price pulled back on Wednesday as bullish momentum weakened near a key Fibonacci resistance zone, while traders monitored signs of a potential bearish MACD crossover on the daily chart. According to data from crypto.news, Solana (SOL) traded near $91…
Key takeaways Pi Network extends losses on Thursday and could dip lower in the near term. The technical outlook for PI is mildly bearish as the short-term support is near $0.1687 Pi Network (PI) is edging lower on Thursday, threatening a potential bearish breakout below the $0.1700 mark. The rise in selling pressure is likely […] The post PI faces increased selling pressure, risks further decline below $0.1700 appeared first on CoinJournal.
The supertrend indicator paints a potential bullish breakout for Cardano (ADA). However, the momentum may not materialize, rendering the buy signal invalid. ADA could target highs above $0.40 next, although the $0.25 support remains key. Cardano price has dropped again as broader selling caps the crypto market bounce. ADA is down 3% in the timeframe […] The post Cardano price forecast: is $0.40 next as $ADA flashes buy signal? appeared first on CoinJournal.
