Bearish

The post Cardano Price Dips As Bearish Sentiment Intensifies! What’s Next For $ADA? appeared first on Coinpedia Fintech News The cryptocurrency industry has displayed a bearish start to the week by recording a loss of 2.48% within the past day in its global market cap. Further, the market leader, BTC price, has lost 2.5%, dropping close to its important support level at $62,000. On the other hand, the ADA token continues to display a bearish price action, resulting in it…

Bitcoin’s fourth halving is already in the history books, and the block rewards have been reduced to 3.125 BTC. Although historically the event has been named the catalyst of a new bull cycle, there’s a lot of controversy now, with many claiming that the effects of this halving are declining. Aside from that, though, there are many other bullish developments on the Bitcoin front that might get you excited in the coming months. If you’re still feeling bearish, you need…

Following a pullback, the price of Bitcoin has continued on its downward movement. The coin, after failing to break above the 100-day Simple Moving Average (SMA) and the trend line has experienced a drop of over 6% from its previous high. Will the price of BTC continue to move in a downward direction or will it reverse and start moving in an upward direction? As of the time of writing, the price of BTC was trading around $62,972 which is…

The post Shiba Inu And Dogecoin Prices Face a Rising Bearish Threat: Can Bulls Defend Support Levels? appeared first on Coinpedia Fintech News Dogecoin and Shiba Inu have experienced mixed performance over the past few days, yet analysts are bullish about the upcoming trend of these memecoins, citing fundamental developments. As Bitcoin price continues to face bearish pressure around the $64K mark, Dogecoin and SHIB prices struggle in initiating a rebound above support level.   Fundamental Factors Might Boost SHIB And…

Amidst the anticipated positive effect of the recently concluded Bitcoin Halving event, Ali Martinez, a well-known cryptocurrency analyst and trader has issued a noteworthy warning about BTC’s trajectory, predicting that the price of the crypto asset could undergo a correction to the $59,000 mark. Potential Declines For Bitcoin Martinez’s analysis delves into the potential for Bitcoin to experience possible dives on the downside in the short term. Considering the BTC’s chart in the 12-hour timeframe, the analyst noted that two…

The post Solana Price Fails To Break Out Its Bearish Influence! What’s Next? appeared first on Coinpedia Fintech News The SOL price has displayed a strong bearish trend since the month started, resulting in this altcoin recording a correction of approximately 30% in valuation. Moreover, the rising bearish trends have created a Fear, Uncertainty, and Doubt (FUD) like situation among its investors. The Solana price continues its struggle to break out of its key resistance level at $156.25, indicating a…

TL;DR Some analysts point to potential bearish trends for Bitcoin, predicting a drop to as low as $59,000, suggesting the cryptocurrency has reached its cycle peak. Peter Schiff continues his critical stance on BTC, identifying $60,000 as a key resistance level and warning of a significant potential decline if this is not overcome. A Bearish Outlook Bitcoin’s price has been hovering around $64,000-$67,000 in the past few days, currently trading at the lower mark. While the majority of industry participants…

The post Ripple Price Drops As Bearish Clouds Gather! XRP To Test $0.48 Soon? appeared first on Coinpedia Fintech News The crypto market displays significant price volatility as top tokens record increased price action post-Bitcoin Halving. Top altcoins witness a pullback toward their support levels, indicating a mixed sentiment in the crypto space. However, the XRP price continues to experience a bearish price action, indicating a rise in the investor’s disinterest. Despite the altcoin recording a jump of over 6%…

Ethereum price failed to clear the $3,280 resistance zone. ETH declined below the $3,200 support and is now consolidating losses above $3,100. Ethereum struggled to clear the $3,250 and $3,280 resistance levels. The price is trading below $3,200 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $3,190 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below the…