Bearish

Polkadot ($DOT) is again facing significant bearish pressure after its promising push to reclaim the $5 mark the previous week halted.  Polkadot ($DOT) is facing a difficult time after losing its momentum from the previous week. $DOT failed to reclaim the $5 level after reaching $4.98 on August 16 and is currently trading for $4.18.  $DOT Falls Short Polkadot ($DOT) has been fighting against strong bearish trends since falling into the red on August 25. The previous week saw buyers…

The post Bitcoin Whales vs. Diamond Hands: Will BTC’s Future Be Bullish or Bearish? appeared first on Coinpedia Fintech News The Bitcoin market never lets the investors have a moment of peace. Even at the current time, the market is giving out mixed signals that leads traders and investors into confusion. They are unable to decide whether to brace for a downturn or stay optimistic about the bull run. On one hand we have whales making spooking moves while on…

Ethereum is steady at press time, as is visible in the daily chart. Even though prices are floating above $2,500, ETH bulls are still weak. The coin remains inside the bear bar of August 27, technically inside a bear formation. From price action, it would take effort for bulls to take charge in the short term. A convincing high volume close above $3,500 would signal a rapid trend shift beneficial for holders. Will Ethereum Bears Press On? Traders Monitoring This…

The post Alert! 106M XRP Dumped by Ripple Whale, Bearish Signal or What? appeared first on Coinpedia Fintech News The sentiment across the cryptocurrency market has been bearish for almost a month and looks to continue. In the last 24 hours, Ripple whales seem to be dumping significant amounts of XRP tokens on centralized exchanges (CEXs) including Binance, Bitso, and Bitstamp.  Ripple Whales Bearish Outlook or What? On August 29, 2024, the blockchain-based transaction tracker Whale Alert made a post…

The post Retail Traders are Shorting BTC Again: Should you be Bullish or Bearish on Bitcoin? appeared first on Coinpedia Fintech News The Bitcoin price has become largely volatile ever since the crypto markets and the global financial markets suffered after the Japan market crash. The Bulls are trying hard to reclaim the lost levels, while the Bears are leaving no stone unturned to keep the rally within a restricted range. Meanwhile, the BTC price is displaying the possibility of…

The post Crypto Market Today: Bitcoin Price Plunges Below $60,000 Circulating Bearish Waves Across Space—What’s Next? appeared first on Coinpedia Fintech News The crypto markets faced yet another pullback, losing over 2.2% in market capitalization just before the end of the last trading day. More than $100 billion has been whipped out of the markets while the selling pressure remains within the range. As a result, the Bitcoin price plunged heavily below $60,000, sending shock waves across the crypto markets.…

Ethereum price declined heavily and traded below $2,550. ETH could start another increase if it stays above the $2,400 support zone. Ethereum started a major decline below the $2,650 and $2,550 levels. The price is trading below $2,550 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2,575 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a recovery wave if it stays above the $2,400 level.…

Dogecoin (DOGE) recent attempt to regain upward momentum has been abruptly halted as bearish forces reassert their dominance. After a brief rally, the popular meme coin is now under renewed selling pressure, with the price set to retreat toward the $0.1 mark. As negative momentum strengthens, the question is whether Dogecoin can hold this critical level or if further declines are imminent. This article analyzes the recent shift in Dogecoin’s price dynamics as bearish momentum resurfaces. We will explore the…

The post XRP Price Analysis: Outlook Remains Bearish With No Signs of Breakout appeared first on Coinpedia Fintech News Bitcoin began the week at $63,800 after concluding the previous week with a positive momentum, indicated by a green candle. According to analysis,Bitcoin is at a critical juncture, where its current price behavior closely mirrors past cycles. The price could continue to waddle in its current range, possibly testing lower levels like $61,000 before making a decisive move. However the  XRP…