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The recovery in the crypto markets has lost steam, with Bitcoin (BTC) and Ethereum (ETH) struggling to push above resistance levels, indicating that sellers are active at higher levels.
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Bitcoin's recovery bounce is losing steam, indicating that the bears remain active at higher levels.
The crypto market continues displaying a mixed sentiment by constantly recording pump-and-dump-like situations over the past few days. Furthermore, top tokens continue trading below their important levels, suggesting uncertainty in future price action. On the other hand, with the altcoin leader, the Ethereum price hovering below its $2.
The broader market experiences a surge in demand for altcoins, and the altcoins market reclaims the $850B capitulation. Amid the top performers, many signal a high potential extended rally this week for bigger gains. Amidst the top names, Solana, Jupiter, and Toncoin reveal a bull run ahead with increased interest from buyers.
Global equity markets witnessed a massive sell-off, pulling Bitcoin and several major cryptocurrencies to unexpected lows.
Bitcoin (BTC) has lost over 13% in the past 24 hours and almost 25% over the past week as markets turned bearish following a global stock market crash that also casts a shadow on the crypto markets. BTC tumbled from above $60,000, losing key support levels, and is currently trading around the $52,700 mark.
Ethereum, the second-largest cryptocurrency by market capitalization, is at a pivotal moment. The asset is experiencing a concerning technical signal known as the “Death Cross.
The sell-off in the global stock markets is casting a bearish shadow on the cryptocurrency markets, signaling near-term weakness.
Notcoin, a prominent name in the Web3 gaming world, is set to unveil a new story-driven game in collaboration with the Lost Dogs NFT collection and the Getgems NFT marketplace on The Open Network (TON). This move marks a significant shift from its previous clicker game model, which saw explosive growth but faced sustainability challenges.
The Bitcoin (BTC) price has tumbled below $65,000 as rising geopolitical tensions came into focus once again as the Middle East stands on the precipice of a broader conflict after Iran reportedly ordered retaliatory attacks against Israel.
Bitcoin bulls have held the $65,000 level, but BTC and altcoin charts show it's too early for traders to expect a short-term trend reversal.
Bears are coming back to the game, according to CoinMarketCap.
Bitcoin (BTC) touched $70,000 on Monday after surging past $69,000. However, BTC pulled back sharply after reaching this level, indicating that sellers are fiercely defending the overhead resistance, with the price dropping to $66,810.
Bitcoin turned down from $70,000, a sign that bears are fiercely defending the overhead resistance, but the price whipsaws are having limited impact on altcoins.
Tether announced on July 27 that it had teamed up with TokenPocket to support USDT on TON. According to Tether, this integration enhanced the functionality of USDT in the TON ecosystem.
Given that it is forming a descending wedge pattern on its daily chart, Shiba Inu might be preparing for a big move in price. When conditions are met, descending wedges are usually regarded as bullish reversal patterns, indicating that SHIB could be ready for a 20% increase.
Bitcoin's recovery from the $63,500 level is encouraging, but higher levels may face solid resistance from the bears.
The crypto markets are trying to cope with the recent bearish action as the major tokens are trying to prevent further losses. Besides, the launch of the spot Ethereum ETF turned out to be yet another ‘ sell the news' event as the price of ETH faced an excessive pullback comparatively.
Discover the top 5 cryptocurrencies set to surge in value after the recent market downturn. Learn about Toncoin, Kaspa, Cardano, Notcoin, and Avalanche, and don't miss your chance to profit from the next market upswing
Since the 200 EMA resistance level was not broken, Shiba Inu is currently going through a difficult time. If SHIB does not gain enough momentum, it will probably break below important moving averages and may even retrace below $0.000017.
Bitcoin bulls are trying to protect the $65,500 level, but if they fail, a drop to $62,000 is possible.
Bitcoin (BTC) fell below the crucial $66,000 mark on Tuesday as markets prepared for a short-term correction. However, the long-term prediction for BTC and other altcoins remains bullish.
XRP's path up was tough, long and painful for a lot of investors. However, on July 12, the breakthrough began with the price of the asset reaching $0.6 in no time at all.
