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Why is Crypto Market Down Today: What Fear and Greed Index Says?
Why is Crypto Market Down Today: Solana ETF Delay, WLFI Case to Blame?
The global crypto market is showing signs of weakness again. As of now, the total crypto market cap stands at $3.44 trillion, according to CoinGecko. While it is still holding above a crucial support level of $3.28 trillion, fresh pressure is building. The 24-hour trading volume is at $121 billion, which signals panic moves by both retail and whale investors. Bitcoin dominance is at 60.7%, and Ethereum dominance is at 8.83%.
Why is Crypto Market Down Today? Top Reasons to Consider
Solana ETF Delay & Market Crash: The biggest trigger behind today’s fall is the U.S. SEC’s decision to delay Solana ETF approvals. Both Bitwise and 21Shares had applied for spot Solana ETFs, but the SEC said it needs more time to review the proposals. Their reason? They want to protect investors and stop fraud. This delay has shaken investor trust, especially since similar delays are now affecting Grayscale’s Solana and Litecoin ETFs.
The ETF delay came at a bad time. Solana was gaining attention, and many thought approval would push prices up. Now, this delay is creating doubt, slowing growth, and dragging the whole crypto down. Solana is currently trading at $165.54.
Large-scale liquidations and Whale Sell-off: The industry is also suffering from large-scale liquidations. As per Coinglass data, in the past day, 78,525 traders were wiped out, and total liquidations hit $226.69 million. Ethereum had the most losses at $78.08 million, followed by Bitcoin at $60.48 million, and Solana at $7.94 million. Even popular tokens like AAVE, Moodeng, and Fartcoin saw liquidations.
Source: Coinglass
One major reason for panic is a large whale selling 7,000 ETH (worth $16.88 million) at a loss. This whale had earlier withdrawn over 13,000 ETH from Binance when ETH was trading at $3,622, according to Lookonchain. With ETH now much lower, this sell-off shows how even big investors are losing faith.
WLFI Founders Face Legal Trouble: Another issue pulling down investor confidence is the lawsuit involving WLFI co-founder Chase Herro. He and Zak Folkman are being sued over an unresolved $2.5 million hack at Dough Finance. Even though WLFI recently invested $3 million in EOS, they haven’t returned the lost funds. This lack of accountability is damaging trust in new projects.
On top of all this, Moody’s downgraded the U.S. economy. The Dow Jones dropped 332.9 points, the S&P 500 fell by 49 points, and the Nasdaq lost 197.1 points. Since crypto usually follows stock trends, this news made prices fall too.
Will Crypto Market Rise Again?
Investor emotions are shifting fast. The Fear and Greed Index currently shows “Greed” at 71, slightly down from 74 yesterday. A month ago, the index was at 37, showing fear. This recent dip in greed hints that people are becoming more careful.
Several key events this week could affect the crypto market further:
Wednesday: U.S. Crude Oil Inventory reportThursday: S&P Global Manufacturing PMI + April Home Sales dataFriday: April New Home SalesAll Week: 14 speeches from U.S. Fed officials
These updates may shake the sector, especially if they hint at inflation or interest rate hikes.
Final Take
The crypto market is currently going through a tough phase. From ETF delays to big whale losses, liquidations, and scandals, everything is hurting investor confidence. The Moody’s downgrade has added pressure by weakening overall financial sentiment. While the market is still above the key $3.28 trillion level, its future depends on upcoming economic events and how traders react. For now, caution seems to be the dominant feeling.
To Know more, Visit:- CoinGabbar
#cryptonews #cryptomarketupdates #whycryptomarketdowntoday
The global crypto market is showing signs of weakness again. As of now, the total crypto market cap stands at $3.44 trillion, according to CoinGecko. While it is still holding above a crucial support level of $3.28 trillion, fresh pressure is building. The 24-hour trading volume is at $121 billion, which signals panic moves by both retail and whale investors. Bitcoin dominance is at 60.7%, and Ethereum dominance is at 8.83%.
Why is Crypto Market Down Today? Top Reasons to Consider
Solana ETF Delay & Market Crash: The biggest trigger behind today’s fall is the U.S. SEC’s decision to delay Solana ETF approvals. Both Bitwise and 21Shares had applied for spot Solana ETFs, but the SEC said it needs more time to review the proposals. Their reason? They want to protect investors and stop fraud. This delay has shaken investor trust, especially since similar delays are now affecting Grayscale’s Solana and Litecoin ETFs.
The ETF delay came at a bad time. Solana was gaining attention, and many thought approval would push prices up. Now, this delay is creating doubt, slowing growth, and dragging the whole crypto down. Solana is currently trading at $165.54.
Large-scale liquidations and Whale Sell-off: The industry is also suffering from large-scale liquidations. As per Coinglass data, in the past day, 78,525 traders were wiped out, and total liquidations hit $226.69 million. Ethereum had the most losses at $78.08 million, followed by Bitcoin at $60.48 million, and Solana at $7.94 million. Even popular tokens like AAVE, Moodeng, and Fartcoin saw liquidations.
Source: Coinglass
One major reason for panic is a large whale selling 7,000 ETH (worth $16.88 million) at a loss. This whale had earlier withdrawn over 13,000 ETH from Binance when ETH was trading at $3,622, according to Lookonchain. With ETH now much lower, this sell-off shows how even big investors are losing faith.
WLFI Founders Face Legal Trouble: Another issue pulling down investor confidence is the lawsuit involving WLFI co-founder Chase Herro. He and Zak Folkman are being sued over an unresolved $2.5 million hack at Dough Finance. Even though WLFI recently invested $3 million in EOS, they haven’t returned the lost funds. This lack of accountability is damaging trust in new projects.
On top of all this, Moody’s downgraded the U.S. economy. The Dow Jones dropped 332.9 points, the S&P 500 fell by 49 points, and the Nasdaq lost 197.1 points. Since crypto usually follows stock trends, this news made prices fall too.
Will Crypto Market Rise Again?
Investor emotions are shifting fast. The Fear and Greed Index currently shows “Greed” at 71, slightly down from 74 yesterday. A month ago, the index was at 37, showing fear. This recent dip in greed hints that people are becoming more careful.
Several key events this week could affect the crypto market further:
Wednesday: U.S. Crude Oil Inventory reportThursday: S&P Global Manufacturing PMI + April Home Sales dataFriday: April New Home SalesAll Week: 14 speeches from U.S. Fed officials
These updates may shake the sector, especially if they hint at inflation or interest rate hikes.
Final Take
The crypto market is currently going through a tough phase. From ETF delays to big whale losses, liquidations, and scandals, everything is hurting investor confidence. The Moody’s downgrade has added pressure by weakening overall financial sentiment. While the market is still above the key $3.28 trillion level, its future depends on upcoming economic events and how traders react. For now, caution seems to be the dominant feeling.
To Know more, Visit:- CoinGabbar
#cryptonews #cryptomarketupdates #whycryptomarketdowntoday
🚨🚨🚨𝐃𝐨𝐠𝐞𝐜𝐨𝐢𝐧 𝐖𝐡𝐚𝐥𝐞𝐬 𝐀𝐜𝐜𝐮𝐦𝐮𝐥𝐚𝐭𝐞 𝟐𝟕𝟎 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐃𝐎𝐆𝐄 𝐀𝐦𝐢𝐝 𝐏𝐫𝐢𝐜𝐞 𝐃𝐢𝐩🐋🐋
The recent decline in Dogecoin’s value has sparked notable activity among large-scale investors, often referred to as "whales." Seizing the opportunity presented by lower prices, these affluent players have significantly increased their holdings. On Tuesday, renowned crypto analyst Ali Martinez shared on X (formerly Twitter) that whales amassed 270 million DOGE within just five days. This accumulation reflects a broader trend within the Dogecoin network, as major investors have been strategically purchasing hundreds of millions of DOGE since the price started declining in November.
On December 21, Martinez highlighted that Dogecoin whales had already acquired 250 million DOGE during the downturn, underscoring their strategy of capitalizing on low prices to secure higher returns in the long term. Such moves are common among seasoned investors who leverage market corrections to strengthen their portfolios. Currently trading at $0.33, the 270 million DOGE acquisition is valued at approximately $89 million. This indicates robust confidence among whales in the future potential of Dogecoin, further fueling market optimism.
According to technical analysis shared by Trader Tardigrade, Dogecoin's price history showcases a recurring bullish pattern. Illustrated through red consolidation curves and ascending green lines, the pattern reveals how each consolidation phase is followed by a sharp price surge. If this trend repeats, experts suggest Dogecoin could potentially rally to $5. This projection, combined with the recent whale activity, reflects strong faith in the coin's upward trajectory, suggesting that strategic accumulation during downturns could yield significant rewards in the coming years.
#cryptomarketupdates #DogecoinNews #CryptoInvestment
The recent decline in Dogecoin’s value has sparked notable activity among large-scale investors, often referred to as "whales." Seizing the opportunity presented by lower prices, these affluent players have significantly increased their holdings. On Tuesday, renowned crypto analyst Ali Martinez shared on X (formerly Twitter) that whales amassed 270 million DOGE within just five days. This accumulation reflects a broader trend within the Dogecoin network, as major investors have been strategically purchasing hundreds of millions of DOGE since the price started declining in November.
On December 21, Martinez highlighted that Dogecoin whales had already acquired 250 million DOGE during the downturn, underscoring their strategy of capitalizing on low prices to secure higher returns in the long term. Such moves are common among seasoned investors who leverage market corrections to strengthen their portfolios. Currently trading at $0.33, the 270 million DOGE acquisition is valued at approximately $89 million. This indicates robust confidence among whales in the future potential of Dogecoin, further fueling market optimism.
According to technical analysis shared by Trader Tardigrade, Dogecoin's price history showcases a recurring bullish pattern. Illustrated through red consolidation curves and ascending green lines, the pattern reveals how each consolidation phase is followed by a sharp price surge. If this trend repeats, experts suggest Dogecoin could potentially rally to $5. This projection, combined with the recent whale activity, reflects strong faith in the coin's upward trajectory, suggesting that strategic accumulation during downturns could yield significant rewards in the coming years.
#cryptomarketupdates #DogecoinNews #CryptoInvestment
🚀 **CKB Price Update: Surpasses $0.016, Gains 28% in 24 Hours!** 📈
📅 **Date:** Feb 26, 2024
💹 **Market Surge:**
CKB witnesses a short-term surge, breaking through the $0.016 mark.
🔝 **Current Price:**
The current price stands at $0.0157, reflecting a remarkable 28% increase in the last 24 hours.
📊 **Market Momentum:**
CKB's surge indicates positive market momentum, attracting attention from traders and investors.
🚀 **Growth Trend:**
Stay tuned to track the continued growth trend of CKB in the cryptocurrency market.
#CKB #TrendingTopic #cryptomarketupdates #cryptonews #Write2Earn 🌐
📅 **Date:** Feb 26, 2024
💹 **Market Surge:**
CKB witnesses a short-term surge, breaking through the $0.016 mark.
🔝 **Current Price:**
The current price stands at $0.0157, reflecting a remarkable 28% increase in the last 24 hours.
📊 **Market Momentum:**
CKB's surge indicates positive market momentum, attracting attention from traders and investors.
🚀 **Growth Trend:**
Stay tuned to track the continued growth trend of CKB in the cryptocurrency market.
#CKB #TrendingTopic #cryptomarketupdates #cryptonews #Write2Earn 🌐
🚨 Crypto Market Insights: BTC Consolidates While ETH & XRP Surge! 🚨
The cryptocurrency market is heating up with Bitcoin consolidating near $96,000, while Ethereum and Ripple are extending gains as altcoin momentum builds. Here’s the breakdown:
Bitcoin (BTC): Path to a New ATH?
Current Price: $96,600
Last Week: Rebounded from a low of $90,791, hitting $97,000 on Friday.
Outlook: A push above $99,588 could mark a new ATH.
Caution: RSI is at 65, indicating bullish momentum, but the MACD flashed a bearish signal, suggesting potential sell pressure.
Key Levels:
Support: $90,000 – A psychological threshold critical to maintaining bullish sentiment.
Resistance: $99,588 – A breakout here could ignite a fresh rally.
---
Ethereum (ETH): $4,000 in Sight?
Current Price: $3,691
Performance: Closed above the critical $3,454 level, gaining 3.5% in four days.
Outlook: With $3,454 acting as support, ETH could rally toward $4,000.
Key Levels:
Support: $3,454 – Crucial for bulls to defend.
Resistance: $4,000 – A psychologically significant level for the next breakout.
Indicator Insights: RSI above 50 shows positive momentum but not yet overbought.
---
Ripple (XRP): Bulls Defy Overbought Conditions
Current Price: $2.41
Performance: Surged 60% last week to a three-year high of $2.35, now eyeing $2.66.
Caution: RSI at 93 signals overbought conditions, increasing the likelihood of a correction.
Key Levels:
Support: $1.96 – A pullback could retest this level.
Resistance: $2.66 – A breakout here would extend the rally further.
---
Investor Takeaway:
Altcoins are gaining momentum as BTC consolidates. ETH is targeting $4,000, while XRP remains resilient despite overbought signals. Watch for key resistance and support levels to assess the next moves in the market.
Which altcoin are you bullish on? Share your thoughts below!
#ETHOnTheRise #XRPTrends #CryptoMarketUpdates #ThanksgivingBTCMoves #Write2Earn!
$BTC
$ETH
$XRP
The cryptocurrency market is heating up with Bitcoin consolidating near $96,000, while Ethereum and Ripple are extending gains as altcoin momentum builds. Here’s the breakdown:
Bitcoin (BTC): Path to a New ATH?
Current Price: $96,600
Last Week: Rebounded from a low of $90,791, hitting $97,000 on Friday.
Outlook: A push above $99,588 could mark a new ATH.
Caution: RSI is at 65, indicating bullish momentum, but the MACD flashed a bearish signal, suggesting potential sell pressure.
Key Levels:
Support: $90,000 – A psychological threshold critical to maintaining bullish sentiment.
Resistance: $99,588 – A breakout here could ignite a fresh rally.
---
Ethereum (ETH): $4,000 in Sight?
Current Price: $3,691
Performance: Closed above the critical $3,454 level, gaining 3.5% in four days.
Outlook: With $3,454 acting as support, ETH could rally toward $4,000.
Key Levels:
Support: $3,454 – Crucial for bulls to defend.
Resistance: $4,000 – A psychologically significant level for the next breakout.
Indicator Insights: RSI above 50 shows positive momentum but not yet overbought.
---
Ripple (XRP): Bulls Defy Overbought Conditions
Current Price: $2.41
Performance: Surged 60% last week to a three-year high of $2.35, now eyeing $2.66.
Caution: RSI at 93 signals overbought conditions, increasing the likelihood of a correction.
Key Levels:
Support: $1.96 – A pullback could retest this level.
Resistance: $2.66 – A breakout here would extend the rally further.
---
Investor Takeaway:
Altcoins are gaining momentum as BTC consolidates. ETH is targeting $4,000, while XRP remains resilient despite overbought signals. Watch for key resistance and support levels to assess the next moves in the market.
Which altcoin are you bullish on? Share your thoughts below!
#ETHOnTheRise #XRPTrends #CryptoMarketUpdates #ThanksgivingBTCMoves #Write2Earn!
$BTC
$ETH
$XRP
🔴 The Crypto Market is trading in RED today (February 14) 🚩
➜ $BTC , $SOL and $XRP are down ~1%
➜ $ADA is down 0.8%
➜ $AVAX is down ~3%
#Marketupdate #CryptoMarkets #cryptomarketupdates #marketcap #CryptoUpdate
➜ $BTC , $SOL and $XRP are down ~1%
➜ $ADA is down 0.8%
➜ $AVAX is down ~3%
#Marketupdate #CryptoMarkets #cryptomarketupdates #marketcap #CryptoUpdate
🔴 The Crypto Market is trading in RED today (February 22)
🌎 The global crypto #marketcap today is $2.05T, a 1.4% change in the last 24 hours
➜ $BTC and $TRX are down ~1%, while $ETH, $SOL, $XRP and $AVAX are down ~2.3%
➜ $BNB is up ~6%
#CryptoMarketWatch #cryptomarketupdates #bearish
🌎 The global crypto #marketcap today is $2.05T, a 1.4% change in the last 24 hours
➜ $BTC and $TRX are down ~1%, while $ETH, $SOL, $XRP and $AVAX are down ~2.3%
➜ $BNB is up ~6%
#CryptoMarketWatch #cryptomarketupdates #bearish
🟢 The Crypto Market is trading in GREEN today (February 21)
🌎 The global crypto #marketcap today is $2.08T, a 0.6% change in the last 24 hours.
➜ $BTC is up ~0.5%, while $ETH and $TRX are up ~2.5%
➜ $SOL and $ADA are down ~4%
#CryptoMarketWatch #Marketupdate #BitcoinUpdate #cryptomarketupdates
🌎 The global crypto #marketcap today is $2.08T, a 0.6% change in the last 24 hours.
➜ $BTC is up ~0.5%, while $ETH and $TRX are up ~2.5%
➜ $SOL and $ADA are down ~4%
#CryptoMarketWatch #Marketupdate #BitcoinUpdate #cryptomarketupdates
🚀 X Empire Listing Price Update 🏛️
The $XEMP token is creating significant excitement as it gears up for its official listing on October 24, 2024. Here are the key points to note:
1. Initial Price: The expected starting price is approximately $0.0002 per token, giving X Empire a fully diluted market cap of around $138 million.
2. Potential Price Movements: - Bullish Outlook: If momentum picks up and demand surges, the price could climb to $0.0003, translating to a market cap of about $207 million. - Bearish Outlook: If early holders sell off, the price may dip to $0.00015, resulting in a market cap near $103.5 million.
3. Key Factors Driving Price: - Community Engagement: Active participation across platforms like Telegram can significantly influence performance. - Exchange Listings: A major listing on OKX, with its broad user base, could increase visibility and demand. - Utility & Adoption: Integration with gaming within the X Empire ecosystem will be crucial for long-term growth.
#cryptomarketupdates #XEmpireLaunch #CryptoPriceWatch
The $XEMP token is creating significant excitement as it gears up for its official listing on October 24, 2024. Here are the key points to note:
1. Initial Price: The expected starting price is approximately $0.0002 per token, giving X Empire a fully diluted market cap of around $138 million.
2. Potential Price Movements: - Bullish Outlook: If momentum picks up and demand surges, the price could climb to $0.0003, translating to a market cap of about $207 million. - Bearish Outlook: If early holders sell off, the price may dip to $0.00015, resulting in a market cap near $103.5 million.
3. Key Factors Driving Price: - Community Engagement: Active participation across platforms like Telegram can significantly influence performance. - Exchange Listings: A major listing on OKX, with its broad user base, could increase visibility and demand. - Utility & Adoption: Integration with gaming within the X Empire ecosystem will be crucial for long-term growth.
#cryptomarketupdates #XEmpireLaunch #CryptoPriceWatch
🚀$ME ME/USDT: NFT Token Gaining Momentum!
📊 Current Price: $3.35 (+11.96%)
📈 24h High: $3.597
📉 24h Low: $2.965
🔄 24h Volume: 12.11M
---
📌 Market Insights
The new NFT gem $ME is showing promising upward momentum with a nearly 12% surge in the last 24 hours. After reaching a peak of $3.597, it’s consolidating near the $3.35 level, indicating potential for further upward movement.
---
💡 Key Levels to Watch
Immediate Resistance: $3.60 – A breakout could push prices higher.
Support Zone: $3.14 – A critical level to maintain bullish sentiment.
---
🎯 Trading Zones
Short-Term Target: $3.60
Mid-Term Target: $3.80
---
📈 Strategy Suggestions
Buy Zone: Around $3.30 for a potential move towards $3.60.
Take-Profit Levels: Gradual exits at $3.60 and $3.80 to secure profits.
Stop-Loss: Keep it at $3.10 to minimize downside risk.
---
🌟 Pro Tip
Keep an eye on $ME 's NFT ecosystem developments. Positive news or collaborations could act as a catalyst for further price action. Trade cautiously and adapt to market conditions.
#NFTTokens #CryptoMarketUpdates #BinanceAnalysis #USUALAnalysis #BTCNextMove
📊 Current Price: $3.35 (+11.96%)
📈 24h High: $3.597
📉 24h Low: $2.965
🔄 24h Volume: 12.11M
---
📌 Market Insights
The new NFT gem $ME is showing promising upward momentum with a nearly 12% surge in the last 24 hours. After reaching a peak of $3.597, it’s consolidating near the $3.35 level, indicating potential for further upward movement.
---
💡 Key Levels to Watch
Immediate Resistance: $3.60 – A breakout could push prices higher.
Support Zone: $3.14 – A critical level to maintain bullish sentiment.
---
🎯 Trading Zones
Short-Term Target: $3.60
Mid-Term Target: $3.80
---
📈 Strategy Suggestions
Buy Zone: Around $3.30 for a potential move towards $3.60.
Take-Profit Levels: Gradual exits at $3.60 and $3.80 to secure profits.
Stop-Loss: Keep it at $3.10 to minimize downside risk.
---
🌟 Pro Tip
Keep an eye on $ME 's NFT ecosystem developments. Positive news or collaborations could act as a catalyst for further price action. Trade cautiously and adapt to market conditions.
#NFTTokens #CryptoMarketUpdates #BinanceAnalysis #USUALAnalysis #BTCNextMove
~Analysis at the start of the week~
Thank you for your hard work this week!
I'm sure many of you were able to relax during the Obon holidays.
I'll explain the long-term view of the week!
So before you look at the analysis, please give us a like! ⤵︎
First, a look back at this week
At the end of this week, there was a surprise level of rise, and the high was updated.
It easily surpassed the major resistance of 2480 and broke through the 2500 dollar mark.
Analysis at the start of the week
After the high was updated, the market will be quite difficult. I recommend starting by waiting and seeing, especially at the start of the week.
However, as an analysis, I'm looking down first.
Whether it breaks 2480 or not will be the big decision.
Next week, I'll be trading properly from noon.
I'll post a detailed analysis of the day at noon, so please look forward to it!
#cryptomarketupdates #TradingInsights #BitcoinPricePrediction #PowellAtJacksonHole
Thank you for your hard work this week!
I'm sure many of you were able to relax during the Obon holidays.
I'll explain the long-term view of the week!
So before you look at the analysis, please give us a like! ⤵︎
First, a look back at this week
At the end of this week, there was a surprise level of rise, and the high was updated.
It easily surpassed the major resistance of 2480 and broke through the 2500 dollar mark.
Analysis at the start of the week
After the high was updated, the market will be quite difficult. I recommend starting by waiting and seeing, especially at the start of the week.
However, as an analysis, I'm looking down first.
Whether it breaks 2480 or not will be the big decision.
Next week, I'll be trading properly from noon.
I'll post a detailed analysis of the day at noon, so please look forward to it!
#cryptomarketupdates #TradingInsights #BitcoinPricePrediction #PowellAtJacksonHole
Bitcoin Tests Monthly High Bollinger Band: Key Insights from Crypto Expert Tony Severino
Renowned crypto analyst Tony Severino has drawn attention to a critical technical development in Bitcoin’s market trajectory. Amid the recent price pullback, Severino pointed out a retest of the monthly upper Bollinger Band—a key indicator of market volatility and potential reversals. Sharing his analysis on the social media platform X, Severino compared the current market scenario to January 2024, which witnessed a significant price rally following a similar retest.
According to Severino’s daily candlestick chart, Bitcoin’s current price is hovering near the upper Bollinger Band, slightly above $96,000. This retest suggests that Bitcoin could be regaining strength after its recent decline. Reflecting on historical patterns, Severino noted that Bitcoin experienced an 86% price surge in early 2024 after testing the upper Bollinger Band.
Back in January 2024, following a substantial rise from late 2023, Bitcoin reached $46,000 but briefly dipped below $40,000 to test the upper Bollinger Band. This move sparked a rally, pushing Bitcoin past its previous all-time high and reaching over $70,000 by March.
Severino predicts that if Bitcoin follows a similar trajectory, it could reach $178,000—the upper range of his target zone. Another analyst anticipates Bitcoin may peak on January 20, 2025. Currently priced at $96,402, Bitcoin has declined by 2.11% in the past 24 hours and 5.4% over the last week.
The recent market correction has caused Bitcoin's Relative Strength Index (RSI) to drop significantly, from 69 on December 17 to 45 today. This decline mirrors the $5.72 billion in Bitcoin gains that triggered short-term selling pressure. However, Bitcoin has consistently found RSI support at 43 since September, hinting that this level could act as a springboard for the next rally toward $178,000.
#BTCAnalysis #cryptomarketupdates #BTCNextMove $BTC
$ETH $BNB
Disclaimer: This is not financial advice and is shared for educational purposes only.
According to Severino’s daily candlestick chart, Bitcoin’s current price is hovering near the upper Bollinger Band, slightly above $96,000. This retest suggests that Bitcoin could be regaining strength after its recent decline. Reflecting on historical patterns, Severino noted that Bitcoin experienced an 86% price surge in early 2024 after testing the upper Bollinger Band.
Back in January 2024, following a substantial rise from late 2023, Bitcoin reached $46,000 but briefly dipped below $40,000 to test the upper Bollinger Band. This move sparked a rally, pushing Bitcoin past its previous all-time high and reaching over $70,000 by March.
Severino predicts that if Bitcoin follows a similar trajectory, it could reach $178,000—the upper range of his target zone. Another analyst anticipates Bitcoin may peak on January 20, 2025. Currently priced at $96,402, Bitcoin has declined by 2.11% in the past 24 hours and 5.4% over the last week.
The recent market correction has caused Bitcoin's Relative Strength Index (RSI) to drop significantly, from 69 on December 17 to 45 today. This decline mirrors the $5.72 billion in Bitcoin gains that triggered short-term selling pressure. However, Bitcoin has consistently found RSI support at 43 since September, hinting that this level could act as a springboard for the next rally toward $178,000.
#BTCAnalysis #cryptomarketupdates #BTCNextMove $BTC
$ETH $BNB
Disclaimer: This is not financial advice and is shared for educational purposes only.
🚀 $OMNI /USDT Trading Signal – Explosive Breakout Alert!
Current Price: $9.72 (+9.83%)
$OMNI surged from its 24H Low of $8.00 to a stunning 24H High of $10.38, indicating significant bullish momentum. Traders are closely watching the next move as it consolidates near key resistance levels.
📉 Short Entry Signal:
If the price breaks below $9.50, consider shorting for a retracement.
Entry Range: $9.30 - $9.50
Target 1: $8.90
Target 2: $8.50
Stop Loss: $9.80
📈 Long Entry Signal:
If the price sustains above $9.80, look for a bullish continuation.
Entry Range: $9.80 - $10.00
Target 1: $10.50
Target 2: $11.00
Stop Loss: $9.40
🔎 Market Observations:
$OMNI is trading well above its major EMAs (EMA(7): $9.23, EMA(25): $8.89, EMA(99): $8.98), signaling a strong bullish trend.
Resistance at $10.38 is the key level to watch for breakout confirmation.
Support is solid at $9.00, and failure to hold above this level may trigger a pullback.
#OMNIUSDT #CryptoSignals #BinanceTrading #CryptoMarketUpdates #Layer1Token
Current Price: $9.72 (+9.83%)
$OMNI surged from its 24H Low of $8.00 to a stunning 24H High of $10.38, indicating significant bullish momentum. Traders are closely watching the next move as it consolidates near key resistance levels.
📉 Short Entry Signal:
If the price breaks below $9.50, consider shorting for a retracement.
Entry Range: $9.30 - $9.50
Target 1: $8.90
Target 2: $8.50
Stop Loss: $9.80
📈 Long Entry Signal:
If the price sustains above $9.80, look for a bullish continuation.
Entry Range: $9.80 - $10.00
Target 1: $10.50
Target 2: $11.00
Stop Loss: $9.40
🔎 Market Observations:
$OMNI is trading well above its major EMAs (EMA(7): $9.23, EMA(25): $8.89, EMA(99): $8.98), signaling a strong bullish trend.
Resistance at $10.38 is the key level to watch for breakout confirmation.
Support is solid at $9.00, and failure to hold above this level may trigger a pullback.
#OMNIUSDT #CryptoSignals #BinanceTrading #CryptoMarketUpdates #Layer1Token
🟢 The #CryptoMarket is trading in GREEN today (February 8)
🚀 The global #CryptoMarketCap today is $1.79T, a 3.8% change in the last 24 hours.
➜ $BTC, $BNB and $AVAX are up ~4.1%, while $ETH is up ~2.6%
➜ $ADA and $SOL are up ~8%
#cryptomarketupdates #CryptoMarketWatch #MarketMoves
🚀 The global #CryptoMarketCap today is $1.79T, a 3.8% change in the last 24 hours.
➜ $BTC, $BNB and $AVAX are up ~4.1%, while $ETH is up ~2.6%
➜ $ADA and $SOL are up ~8%
#cryptomarketupdates #CryptoMarketWatch #MarketMoves
#cryptomarketupdates
Privacy-focused altcoins Monero, Zcash, and Dash face price drops as crypto exchange OKX plans to delist them, citing listing criteria. Users urged to cancel orders. Prices dip 6.5%, 10.4%, and 10.6% in 24 hours. $XMR at $166, $ZEC at $29.20, $DASH H at $34.05.
Privacy-focused altcoins Monero, Zcash, and Dash face price drops as crypto exchange OKX plans to delist them, citing listing criteria. Users urged to cancel orders. Prices dip 6.5%, 10.4%, and 10.6% in 24 hours. $XMR at $166, $ZEC at $29.20, $DASH H at $34.05.
#SOL vs #FTM chart
I am seeing a strong FTM season coming soon which I think will catch many by surprise .
You can get this chart on TradingView: FTMUSDT/SOLUSDT
#cryptomarketupdates
I am seeing a strong FTM season coming soon which I think will catch many by surprise .
You can get this chart on TradingView: FTMUSDT/SOLUSDT
#cryptomarketupdates
Liquidations Surge, Traders Facing Volatility! 🎢💥
$BTC Market Update: Buckle up for a wild ride as liquidations spike in the last 24 hours, adding a layer of volatility to the crypto landscape.
In the past day alone, a staggering 69,480 traders found themselves in the throes of liquidation, with the cumulative losses soaring to a significant $231.70 million. 📉
Crypto enthusiasts, take note – trading futures can be a rollercoaster with its highs and lows. Amidst the excitement, it's crucial to prioritize safety over high-risk strategies.
tay informed with the latest market dynamics by following @MemeLauncher Like, share, and join the conversation as we navigate the unpredictable seas of crypto trading! 🌊🚀
#cryptomarketupdates #RiskManagement
#BitcoinETF #BTC #Saga
$BTC Market Update: Buckle up for a wild ride as liquidations spike in the last 24 hours, adding a layer of volatility to the crypto landscape.
In the past day alone, a staggering 69,480 traders found themselves in the throes of liquidation, with the cumulative losses soaring to a significant $231.70 million. 📉
Crypto enthusiasts, take note – trading futures can be a rollercoaster with its highs and lows. Amidst the excitement, it's crucial to prioritize safety over high-risk strategies.
tay informed with the latest market dynamics by following @MemeLauncher Like, share, and join the conversation as we navigate the unpredictable seas of crypto trading! 🌊🚀
#cryptomarketupdates #RiskManagement
#BitcoinETF #BTC #Saga
🌟 Crypto Spotlight : Stader (SD)
Le token SD de Stader est en plein essor avec une croissance de +58.78% en seulement 24h !
🎉 Stader se positionne dans la catégorie des dérivés, avec une capitalisation de marché actuelle de 19.469 M USD et un volume de trading atteignant 11.377 M USD. L'intérêt des investisseurs pour les solutions de staking de Stader semble se renforcer ! 🔥
Faites-vous partie des traders de SD ? Dites-nous ce que vous en pensez en commentaires !
#CryptoNewss #STADER #SD #BinanceSquareFamily #cryptomarketupdates
Le token SD de Stader est en plein essor avec une croissance de +58.78% en seulement 24h !
🎉 Stader se positionne dans la catégorie des dérivés, avec une capitalisation de marché actuelle de 19.469 M USD et un volume de trading atteignant 11.377 M USD. L'intérêt des investisseurs pour les solutions de staking de Stader semble se renforcer ! 🔥
Faites-vous partie des traders de SD ? Dites-nous ce que vous en pensez en commentaires !
#CryptoNewss #STADER #SD #BinanceSquareFamily #cryptomarketupdates
🔴 The Crypto Market is trading in RED today (February 12)
🔻 The global crypto market cap today is $1.89T, a 0.6% change in the last 24 hours.
➜ $BTC is up ~0.4%, while $BNB and $XRP are down ~1.8%
➜ $ADA and $AVAX are down ~4%
#Marketupdate #marketcap #CryptoMarkets #cryptomarketupdates
🔻 The global crypto market cap today is $1.89T, a 0.6% change in the last 24 hours.
➜ $BTC is up ~0.4%, while $BNB and $XRP are down ~1.8%
➜ $ADA and $AVAX are down ~4%
#Marketupdate #marketcap #CryptoMarkets #cryptomarketupdates
$BANANA /USDT – Precise Shorting Opportunity! 💯🔥
Entry Zone: $42.00 - $42.50
Target 1 (TP1): $40.00
Target 2 (TP2): $38.00
Stop Loss (SL): $43.50
📉 Market Analysis:
The recent rejection from $47.50 and the bearish break below $42.00 highlight increased selling pressure.
A descending trendline on the 4H chart confirms the continuation of the downtrend.
💡 Strategy:
1. Entry: Initiate short positions within the $42.00 - $42.50 range.
2. Targets: Aim for $40.00 as the first support level, and $38.00 as the secondary target.
3. Stop Loss: Place SL at $43.50 to manage risk and protect your capital.
Stay disciplined and adjust your position size to fit your risk tolerance. This setup aligns with the bearish momentum—capitalize on the opportunity!
#CryptoMarketUpdates #ShortingOpportunities #BANANAUSDT #RiskManagement
Entry Zone: $42.00 - $42.50
Target 1 (TP1): $40.00
Target 2 (TP2): $38.00
Stop Loss (SL): $43.50
📉 Market Analysis:
The recent rejection from $47.50 and the bearish break below $42.00 highlight increased selling pressure.
A descending trendline on the 4H chart confirms the continuation of the downtrend.
💡 Strategy:
1. Entry: Initiate short positions within the $42.00 - $42.50 range.
2. Targets: Aim for $40.00 as the first support level, and $38.00 as the secondary target.
3. Stop Loss: Place SL at $43.50 to manage risk and protect your capital.
Stay disciplined and adjust your position size to fit your risk tolerance. This setup aligns with the bearish momentum—capitalize on the opportunity!
#CryptoMarketUpdates #ShortingOpportunities #BANANAUSDT #RiskManagement
🚀 $XRP XRP/USDT – Breakout Imminent? Key Levels & Trade Setup! 🔥
XRP Price Update:
📉 Current Price: $2.19 (-4.95%)
📊 24h High: $2.3115 | 24h Low: $2.0830
🔄 24h Volume: 370.92M XRP | USDT Volume: 807.90M
🔍 Technical Analysis:
Parabolic SAR: 2.1343 (Potential Reversal Zone)
🔹 Resistance Levels: $2.26 | $2.31
🔹 Support Levels: $2.08 | $2.00
📊 Trade Signal – Breakout or Breakdown?
🔥 Bullish Breakout Setup (Above $2.26)
📈 Long Entry: If XRP breaks $2.26 with strong volume
🎯 Target 1: $2.31
🎯 Target 2: $2.45
🎯 Target 3: $2.60
🔹 Stop-loss: $2.08
⚡ Bearish Breakdown Setup (Below $2.08)
📉 Short Entry: If XRP drops below $2.08 with strong selling pressure
🎯 Target 1: $2.00
🎯 Target 2: $1.92
🎯 Target 3: $1.85
🔹 Stop-loss: $2.26
📢 Market Watch: #WhaleAccumulation #CryptoVolatility #XRPAnalysis #cryptomarketupdates
Disclaimer: Market opinions only. Not financial advice. May contain sponsored content. See T&Cs.
XRP Price Update:
📉 Current Price: $2.19 (-4.95%)
📊 24h High: $2.3115 | 24h Low: $2.0830
🔄 24h Volume: 370.92M XRP | USDT Volume: 807.90M
🔍 Technical Analysis:
Parabolic SAR: 2.1343 (Potential Reversal Zone)
🔹 Resistance Levels: $2.26 | $2.31
🔹 Support Levels: $2.08 | $2.00
📊 Trade Signal – Breakout or Breakdown?
🔥 Bullish Breakout Setup (Above $2.26)
📈 Long Entry: If XRP breaks $2.26 with strong volume
🎯 Target 1: $2.31
🎯 Target 2: $2.45
🎯 Target 3: $2.60
🔹 Stop-loss: $2.08
⚡ Bearish Breakdown Setup (Below $2.08)
📉 Short Entry: If XRP drops below $2.08 with strong selling pressure
🎯 Target 1: $2.00
🎯 Target 2: $1.92
🎯 Target 3: $1.85
🔹 Stop-loss: $2.26
📢 Market Watch: #WhaleAccumulation #CryptoVolatility #XRPAnalysis #cryptomarketupdates
Disclaimer: Market opinions only. Not financial advice. May contain sponsored content. See T&Cs.
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