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Showing posts with the label support zone

Bitcoin falls below $90,000 – Key levels to watch for the next move

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Bitcoin (BTC) has plunged more than 7% in a single day, falling to $87,000 on February 25, its lowest level since November 2024. The sharp decline has pushed BTC into a critical risk zone, fueling speculation on whether the breakdown is temporary or signals a deeper correction. In this context, crypto analyst RLinda has highlighted emerging key price levels that could potentially anchor Bitcoin’s next major move.  Technical analysis: Bitcoin key price levels to watch According to the Analysis , Bitcoin is testing a key support range between $89,400 and $90,000, a crucial level that could determine its next major move. The analyst notes that on both daily and weekly timeframes, BTC remains in global consolidation, with the $90,000 to $91,000 zone acting as a strong support level. Picks for you R. Kiyosaki ‘glad’ he bought gold at ...

Dogecoin Price Prediction: DOGE Pumps 19% In A Week As The Wall Street Pepe Presale Rockets Past $42M

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The Dogecoin price has pumped 19% in the past week and 0.5% in the last 24 hours to trade at $0.3818 as of 3:30 a.m. EST on a 16% plunge in trading volume to $3 billion. Dogecoin Price May Sustain Its Uptrend Despite A Short-Term Pull Back The DOGE/USDT trading pair on the 1-day timeframe shows an intriguing mix of patterns and indicators that highlight both the price history and future potential. From May to July 2024, the price was trapped within a bearish channel, which signaled a prolonged downtrend. However, a breakout in late July marked the beginning of a trend reversal. Following this, a bullish cup and handle pattern emerged between August and October. This pattern, characterized by a rounded bottom (the “cup”) and a slight retracement (the “handle”), culminated in a breakout in October, pushing prices upward. DOGEUSDT Analysis Source: Tradingview Currently, the price hovers near a critical support zone between $0.30 and $0.35. This zone has been ...