The post Wall of Resistance: Cryptoquant Warns of Fading Demand as Bitcocom. Bitcoin’s market structure has entered its most bearish phase of the cycle, according to new onchain and market insights from Cryptoquant’s researchers. Bitcoin Faces Strong Resistance Above Bitcoin is showing its weakest conditions since the bull cycle began in early 2023, according to a detailed analysis from analysts at cryptoquant. com. With bitcoin now trading near [.] Source:.
Tag: resistance
Dogecoin (DOGE) Weak Rebound Attempts, Signaling Struggle to Mount Recovery
The post Dogecoin The price could extend losses if it stays below $0. 1650 and $0. 170. Dogecoin Price Attempts Recovery Dogecoin price started a fresh decline after it closed below $0. 20, like Bitcoin and Ethereum. DOGE declined below the $0. 180 and $0. 1720 support levels. The price even traded below $0. 1650. A low was formed near $0. 1535, and the price recently attempted a recovery wave. There was a move above the 23. 6% Fib retracement level of the downward move from the $0. 1776 swing high to the $0. 1535 low. However, the bears were active near the $0. 1620 resistance. Besides, there is a bearish trend line forming with resistance at $0. 1650 on the hourly chart of the DOGE/USD pair. It is close to the 50% Fib retracement level of the downward move from the $0. 1776 swing high to the $0. 1535 low. Dogecoin price is now trading below the $0. 1620 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0. 1640 level. The first major resistance for the bulls could be near the $0. 1650 level. The next major resistance is near the $0. 170 level. A close above the $0. 170 resistance might send the price toward the $0. 180 resistance. Any more gains might send the price toward the $0. 1840 level. The next major stop for the bulls might be $0. 20. More Losses In DOGE? If DOGE’s.
European Session Buying Lifts Bitcoin Cash to $491.80 After Breaking $487 Resistance
European session buying lifted volume 78% above the 24-hour average as bitcoin cash set higher lows at $462. 67, $474. 27 and $479. 03.
XRP Price Prediction For October 27
The post XRP Price Prediction For October 27 appeared first After a week of steady buildup, XRP appears to be maintaining short-term upward pressure, hinting at a possible relief rally in the coming days. Short-Term Resistance and Levels On the daily chart, XRP is currently testing.