Bitcoin Price Stabilizes Above $76K, Traders Await Next Major Move

XRP price extended losses and traded below $1.40. The price is now consolidating losses and faces hurdles near $1.3650 and $1.3940. XRP price started another decline and traded below the $1.40 zone. The price is now trading below $1.3880 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.3720 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.40. XRP Price Dips Below $1.40 XRP price failed to stay above $1.4150 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.4050 and $1.40 to enter a short-term bearish zone. The price even extended losses below $1.380. A low was formed at $1.3464, and the price is now consolidating losses well below the 23.6% Fib retracement level of the downward move from the $1.5495 swing high to the $1.3464 low. The price is now trading below $1.3880 and the 100-hourly Simple Moving Average. If there is a fresh

Bitcoin’s on-chain profitability has recovered sharply from its March lows, but analyst Axel Adler Jr. says the market still lacks a stronger behavioral confirmation that a durable reversal is underway. In his May 19 “Bitcoin Morning Brief,” Adler pointed to a mixed setup across two closely watched on-chain indicators: Bitcoin Percent Supply in Profit and […]

Ethereum price started a recovery wave above the $2,100 zone. ETH is now consolidating and might struggle to continue higher above the $2,150 resistance. Ethereum started a recovery wave from the $2,075 zone. The price is trading below $2,120 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,120 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 Faces Hurdles Ethereum price remained bid above the $2,050 support zone, like Bitcoin. ETH price formed a base and started a recovery wave above the $2,065 resistance. The price surpassed the 38.2% Fib retracement level of the downward move from the $2,197 swing high to the $2,075 swing low. The bulls even pushed the price toward $2,150 but the bears remained active. Besides, there is a bearish trend line forming with resistance at $2,120 on the hourly chart of ETH/USD. Ethereum price is now trading belo

Bitcoin (BTC) has slipped after failing to clear a major ceiling around the $83,000 area, with the flagship cryptocurrency down nearly 5% over the past week.  As of Tuesday evening, BTC was changing hands at roughly $76,750. Even with the pullback, market analyst Ali Martinez believes the current price action still leaves room for a rebound toward $94,850.  Bitcoin Could Drop Toward $54,270 In a Tuesday social media post on X (previously Twitter), Martinez pointed to Bitcoin’s Market Value to Realized Value (MVRV) pricing bands, saying a move to $94,850 would represent about a 23.5% increase from current levels.  However, he cautioned that this upside path depends on Bitcoin holding above a specific support level at $72,960. In his view, losing that threshold would shift the outlook and open the door to a deeper drawdown. Related Reading: Zcash, Bitcoin, And Solana—Catalysts Ahead That Could Fuel Another Upswing Before May Ends If $72,960 is broken, Martinez warned that BTC could be pu

Bitcoin has lost the $80,000 level as selling pressure and market uncertainty converge on a price structure that analyst Rei Researcher has identified as one of the most sensitive zones Bitcoin has occupied in this entire cycle. The breakdown is not simply a technical level failing — it is a price entering a specific intersection […]

On-chain data shows USDC exchange inflows have witnessed a spike after the latest Bitcoin pullback, a potential sign that traders are looking to buy the dip. USDC Exchange Inflows Have Spiked To $350 Million As pointed out by on-chain analyst Maartunn in an X post, a notable amount of USDC has hit exchanges recently. The indicator of interest here is the “Exchange Inflow,” which tracks the total number of tokens of a given asset that investors are transferring to wallets connected to centralized exchanges. Related Reading: Solana Fails Channel Breakout—$78 Support The Next Destination? When the value of the metric is high, it means holders are depositing a large amount of the cryptocurrency to these platforms. Generally, investors transfer to exchanges when they want to trade away their tokens, so this kind of trend can be a sign of increased interest in swapping the asset. For volatile cryptocurrencies like Bitcoin, this can naturally be a bearish signal for the price. When it comes t

Robert Kiyosaki said his attorney issued a cease-and-desist notice after someone used his name to present investment recommendations. The Rich Dad Poor Dad author said he shares his own holdings, including gold, silver, bitcoin, ethereum, oil, and cattle, but does not give financial advice. Kiyosaki Separates His Holdings From Investment Advice Robert Kiyosaki shared on […]

Analytics firm CryptoQuant has highlighted how the Bitcoin futures market saw a notable amount of inflows alongside the recent price surge. Bitcoin Open Interest Shot Up Alongside Rally In a new post on X, CryptoQuant has talked about the latest trend in the Bitcoin Open Interest. This indicator measures the total amount of futures market […]