Bearish

Ethereum price failed to clear the $3,520 zone and started a fresh decline. ETH dived below the $3,250 support and even tested the $3,150 zone. Ethereum started a fresh decline below the $3,320 and $3,250 levels. The price is trading below $3,250 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $3,325 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct losses, but upsides might be limited…

Artificial Superintelligence Alliance (FET) is experiencing a prolonged bearish trend, pushing its price closer to the critical $0.966 support level. This sustained downward pressure has raised concerns among investors, as the cryptocurrency continues to extend its bearish momentum.  The $0.966 resistance mark now serves as a significant point of interest, determining whether FET can reverse its current trajectory or continue its descent. Market participants are closely monitoring these developments, analyzing technical indicators and market sentiment to gauge the potential for…

Litecoin reaches a record 25 million Ordinals, reflecting robust network activity. Price increases by 5%, signaling a potential bullish trend. Litecoin ($LTC) has experienced significant growth, adding 1.5 million Ordinals in just two weeks. This increase aligns with CNF’s previous highlight on significant fluctuations in the number of addresses on the Litecoin network during this time, offering insightful information about user involvement and market sentiment. Litecoin is known as a decentralized digital currency that enables seamless, near-zero-cost payments globally. According…

The Dogecoin community has eagerly anticipated the integration with the Elon Musk-backed X platform to improve its utility and overall liquidity. DOGE price against the US dollar has been retesting the macro bullish breakout and could soon rebound toward an all-time high. Dogecoin (DOGE), the largest meme coin backed by Tesla CEO Elon Musk, has flashed short-term bearish signals. The large-cap altcoin, with a fully diluted valuation of about $18 billion and a daily traded volume of around $588 million,…

Bitcoin is struggling to shake off weakness, judging by its performance in the last few trading days. After the dump on June 24, the overall sentiment has been bearish, and sellers will likely double down, wiping gains posted in the last two days. As things stand, the sale of 4,000 BTC by the United States government is a dent for buyers. It comes hours after the German government dumped thousands of BTC early this week, forcing prices to lower. Bitcoin…

The post Solana Surges Toward $140 Despite Bearish Network Activity: Will Sellers Defend SOL Price? appeared first on Coinpedia Fintech News The cryptocurrency market has rebounded from concerns about a possible $9.4 billion BTC sale by Mt Gox, leading to a bullish momentum for various altcoins in the past day. The price of SOL has sparked buying interest, surpassing $140. Despite this rise, the gains may be temporary, as on-chain metrics and network activity for SOL indicate potential bearish trends.…

The post XRP Price: Bearish June Ends Soon; Here’s How Much Profit You Can Make in Bullish July appeared first on Coinpedia Fintech News The XRP price took a nosedive, leaving a trail of red across the charts. Is this the end of the XRP dream or just a temporary setback? July might be a game-changer for XRP. Is this just a bump in the road or the start of something big? All these important questions were answered by analyst…

Bitcoin recently faced a significant rejection at the $62,498 resistance level, underscoring the prevailing bearish dominance in the market. This failure to break through a critical threshold highlights the strength of selling pressure and raises concerns about potential downward trends.  The rejection at this key level signals caution among traders and investors, prompting a reassessment of market strategies. As bearish momentum persists, this analysis explores the possible outcomes for Bitcoin’s price movement and the broader implications for the cryptocurrency market.…

XRP price struggled to recover above the $0.4880 resistance zone. The price is moving lower and the bears might aim for a move toward $0.4550. XRP price faced another rejection near the $0.4880 resistance zone. The price is now trading below $0.4850 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $0.4810 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could extend losses if there is…