Decline

Bitcoin price extended losses and traded below the $61,850 zone. BTC is now holding the $60,000 support, but it remains at risk. Bitcoin is struggling to start a fresh increase above $62,850 zone. The price is trading below $62,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $61,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bearish momentum if there is a…

Polkadot (DOT) continued its steady decline as sellers dragged the price below $4.10 after buyers lost momentum. DOT could drop to $4 or lower should its downward trajectory continue. DOT has two key support levels: $4 and $3.62. Buyers are expected to defend both levels to prevent a further decline. Polkadot (DOT)’s Decline Continues Polkadot (DOT)’s impressive recovery stalled on September 27 as it lost momentum after reaching a day high of $4.97. As a result, DOT turned bearish and…

TON is facing renewed selling pressure as its price takes another dip, putting its recovery efforts in jeopardy. Despite previous attempts to regain bullish momentum, the cryptocurrency now struggles to hold its ground as it slips further below key support levels. With bears seemingly regaining control, the market is closely watching whether the current support levels can hold. As TON struggles to maintain its ground, the outlook becomes increasingly uncertain, with more downside risks looming. This piece aims to explore TON’s…

Recent price action is painting a bearish picture for FET, with the Relative Strength Index (RSI) signaling the potential for further declines. As the RSI hovers in bearish territory, the momentum seems to be favoring sellers, raising concerns of a deeper downturn.  In the midst of the intensifying downside pressure, attention is shifting to the critical $0.9 support level. Holding this level is crucial for avoiding additional losses, as a breakdown could lead to more significant declines. With current market…

Ethereum has seen a 15% drop since hitting its recent high of $2,729 last Friday, leaving analysts and investors feeling frustrated with the price action. Many expected the bullish trend to continue, but Ethereum has struggled to maintain upward momentum.  Concerns are mounting as some market observers predict a deeper decline, possibly falling to yearly lows around $2,150 if the current support level fails to hold. This has reignited fear and uncertainty across the market as Ethereum’s price sends mixed…

Popular crypto analyst Il Capo of Crypto has returned to social media platform X after over two months of hiatus to drop an interesting outlook for Bitcoin and Ethereum in the coming months in light of the recent correction since the beginning of October. The analyst, which has been so big on a looming altseason since the beginning of the year, has revealed a bearish outlook for Bitcoin and even Ethereum (king of altcoins) in the short term. Known for…

BONK is currently facing turbulent waters as a sharp decline casts a shadow over its recent price performance. After a period of impressive gains, the recent downturn is raising concerns about an impending correction, with mounting selling pressure suggesting that the bullish momentum may be waning. As the market sentiment shifts, the crypto community is left wondering how low BONK could go and whether it can regain its footing. With uncertainty in the air, this analysis aims to analyze the…

Stellar's recent dip is stirring curiosity as large holders shift their focus to a new, promising dog-themed meme token on the Solana network. The move signals potential growth for this emerging cryptocurrency, which intriguingly aims to rise from a mere $0.0004 to $4. The dynamics behind this transition hint at strategic opportunities in the ever-evolving crypto landscape. Stellar (XLM): Enhancing Global Financial Connectivity Stellar (XLM) is a decentralized payments network that started in 2014. It uses blockchain technology to enable…

The post 5 RWA Altcoins Set for 500% Gains After the Current Market Decline – Seize Your $5M Portfolio Opportunity appeared first on Coinpedia Fintech News In the wake of the recent market downturn, a handful of RWA altcoins are poised for explosive growth. With projections of up to 500% gains, these digital assets offer a golden opportunity for savvy investors to build a $5M portfolio. Discover which coins are positioned to soar and capitalize on this lucrative trend. CYBRO…