Ethereum analysts say ‘downside pressure’ remains as $1.8K becomes key
Analysts warn Ether’s downside risks remain elevated as traders closely watch the $1,800 support zone for stability.
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DOGE trades near $0.0989 as traders track its 1.618 Fib history, $0.096 support, and $0.116 resistance amid early-season calls. Dogecoin analysts are watching a possible early-season setup as DOGE enters another key technical phase. Past cycles saw the token move above the 1.618 Fibonacci level, while the current daily chart shows weak momentum near $0.100, […] The post Dogecoin Breakout Hopes Rise as DOGE Eyes Potential 28X Altseason Rally Ahead appeared first on Live Bitcoin News.
Read full articleAnalysts warn Ether’s downside risks remain elevated as traders closely watch the $1,800 support zone for stability.
Bitcoin has hit what one analyst describes as a major ceiling after losing the support level that held the market together for months. Following a failed push toward $83,000, the analyst now believes buying Bitcoin at current prices carries more risk than opportunity. Instead, he points to a much lower target, a level where buyers may finally step back into the market with conviction. Bitcoin’s Former Support Has Turned Into Resistance The analyst’s outlook centers on the collapse of the $80,500 area, a level that previously acted as the backbone of Bitcoin’s trading range for months. During earlier pullbacks, buyers repeatedly defended that zone and helped stabilize price action, allowing Bitcoin to recover and attempt new highs. That dynamic now appears to have reversed. Related Reading: Can The Ripple Banking License Serve To Push The XRP Price To $25? After briefly climbing toward $83,000 in May, Bitcoin failed to maintain momentum and quickly lost strength. The rejection created w
The post Can the Chainlink-Mastercard partnership reverse LINK’s bear trend? appeared on BitcoinEthereumNews.com. Chainlink (LINK) trades near $8.92 with a 7-day drop of ~9.7%. Mastercard deal boosts adoption, but the trend stays technically bearish. The $9.02 resistance and $8.85 support define the next move. Chainlink has remained in a persistent downtrend over recent weeks, falling roughly 9.7% over the past seven days and about 43.8% over the past year. The token is currently trading near $8.92, holding within a tight 24-hour range between $8.81 and $9.06. Although short-term price action shows a modest recovery of around 1% over the past 24 hours, the broader trend remains under pressure. Against this backdrop, a new partnership with Mastercard has drawn attention from traders and institutional participants. The partnership introduces a fiat-to-crypto gateway designed to route traditional card payments directly into on-chain protocols. The system allows Mastercard’s global user ba
The post Weekly Close Could Determine Whether Ethereum Will Cost $1,000 appeared on BitcoinEthereumNews.com. The current weekly close will determine whether Ethereum (ETH) falls toward the $1,000 mark, according to a technical analysis by analyst Ali Martinez. According to his data, a weekly candle close below the key $1,850 support will trigger an acceleration of selling. If this level is broken, the first target of the downward move will be the intermediate support near $1,560, while the final point of the decline within the multiyear channel will be the lower boundary of the range near $1,070. Ethereum (ETH) price outlook by Ali Martinez, Source: X Ethereum ETF outflows meet an “Amazon 2001” analogy The decline in the price of the main altcoin is taking place amid the continued flight of institutional capital. U.S. spot Ethereum ETFs recorded a net outflow of $121 million, marking the thirteenth consecutive day of withdrawals and signaling sustained bearish sentiment among Wall Stre
Chainlink (LINK) trades near $8.92 with a 7-day drop of ~9.7%. Mastercard deal boosts adoption, but the trend stays technically bearish. The $9.02 resistance and $8.85 support define the next move. Chainlink has remained in a persistent downtrend over recent weeks, falling roughly 9.7% over the past seven days and about 43.8% over the past […] The post Can the Chainlink-Mastercard partnership reverse LINK’s bear trend? appeared first on CoinJournal.
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