As soon as the price broke below this level, those who bought at higher prices started to sell, causing a ripple effect. How does on-chain activity influence Cardano's price? On-chain activity is very important for determining the price direction of cryptocurrencies like Cardano. Recent reports show that there has been an uptick in Cardano's on ...

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As soon as the price broke below this level, those who bought at higher prices started to sell, causing a ripple effect. How does on-chain activity influence Cardano's price? On-chain activity is very important for determining the price direction of cryptocurrencies like Cardano. Recent reports show that there has been an uptick in Cardano's on ...

This figure below 1 suggests that bears have the upper hand, while above 1 would indicate bulls are steering the market. Technical analysts like Aksel Kibar suggest that Bitcoin may experience a pullback to around $80,000, citing a classic head and shoulders pattern that could foreshadow a correction in the coming days and weeks. The emergence ...

Bitcoin's price has seen a significant correction, dropping from a peak of $102,412 to below $100,000. With analysts uncertain about whether this is a temporary dip or a more substantial shift, several factors are in play. Geopolitical tensions, especially tariff actions from the U.S. against imports from key nations, have dampened investor ...

With Bitcoin dipping below $100K and the market reeling, what's in store for crypto investors? Analysts warn that unless Bitcoin can regain the $100K support level, further declines may ensue. If Bitcoin dips below the next key support at $94,000, the price could potentially fall to $90,000. Nevertheless, long-term investors maintain optimism ...

Fib Retracement Levels: The price fell below the 50% Fib retracement level of the upward wave from the $92,415 swing low to the $99,400 high. Trend Lines: A break below a connecting bullish trend line with support at $98,400 on the hourly chart of the BTC/USD pair suggests potential further declines. Technical Indicators and Market Sentiment

A decisive close below $1.48 could trigger a 30% correction, resulting in a drop to $1.05", he tweeted. With such steep potential losses at stake, the best way to prove the bears wrong is to reclaim the $1.86 resistance. The $1.46 point is key, as breaking below it may trigger a serious down spiral to $1.05.

The price sinking below the 50-day SMA typically indicates a bearish market. Right now, Vana is feeling that intense pressure. What Lies Ahead? Support Zones. If selling continues, we could see Vana falling below $22.00 with a possible dive to $20 or even lower. On the flip side, an oversold RSI coupled with a recent fast decline could lead to ...

Now, the immediate focus for traders is the support level at $231.54. If it breaks below this, we could see a drop all the way to $205.56. However, if buying interest returns, prices might bounce back toward the recent all-time high of $264.63, but that would be a tough climb. Economic Factors and Their Influence Inflation and Interest Rates