Bitcoin is trading near $118,790, testing the critical $120,000 resistance level that has become a focal point for market participants. Key support levels are established at $112,000, $104,000, and $100,000, providing technical buffers against potential pullbacks. A decisive break above… Read More »Bitcoin Nears $120K Resistance Amid Strong On-Chain Metrics and Favorable Market Conditions
Chainlink’s price is approaching a crucial $15.5 support zone after retracing 17.2% from recent highs near $19.5, a decline occurring alongside Bitcoin’s 4.9% pullback during the same period. This $15.5 level previously functioned as a consolidation area in early July… Read More »Chainlink Approaches Critical $15.5 Support Amid On-Chain Signals of Cooling Selling Pressure
Following a significant rally in July where it reached $3.60, the price of XRP has corrected downwards. Data indicates it recently dropped below the $3 mark, trading around $2.93. Despite the price decline, on-chain activity remains robust. Over 500 million… Read More »XRP Price Drops Below $3 as On-Chain Activity Hints at Consolidation
On-chain data from blockchain analytics firm Glassnode indicates Ethereum is positioned for a significant upward movement toward the $4,900 price target. Key metrics including rising unrealized profits and record-high open interest underpin the bullish sentiment, with strong momentum and positive… Read More »Ethereum Eyes $4,900 Rally Fueled by Unrealized Profits and Record Open Interest
Bitcoin’s on-chain metrics and market indicators continue to signal potential for prolonging the current bull cycle, with fundamental data suggesting room for price expansion amid resilient market conditions. Key measures reflect persistent network strength and investor engagement without signs of… Read More »Bitcoin Bull Cycle Shows Sustained Growth Potential as Market Indicators Remain Positive