SUI Slides Into Key Fib Support — Is the Downtrend Far From Over?
SUI is back under pressure after sliding into a key Fibonacci support zone, raising fresh concerns about whether the recent pullback is only a pause or the start of a deeper downside move. With bearish momentum still in play and no clear reversal signal yet, the market is now at a critical decision point that could shape SUI’s next major move. Fibonacci Support Comes Into Focus Crypto analyst More Crypto Online, in a recent update, revealed that SUI has now reached its next Fibonacci-based support levels, bringing key downside zones into focus. The 61.8% retracement sits near $1.20, while....
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2015 started with a decline in the price of BTC/USD, which was bad news to all BTC traders and speculators. The New Year's downtrend continued until it reached 265.24$ which is a point of support. "Bullish engulfing" could be noted on the BTC/USD 4 hour chart (The arrow points to the sign in the chart), which signaled a reversal in the downtrend and BTC/USD exceeded 300$ on the 7th of January, which can represent a 50% correction of the downtrend starting earlier this month. The price of BTC/USD is likely to fall again before we can see a reversal of the current downtrend. A "bearish....
Bitcoin has slipped into a critical danger zone as support levels continue to give way, putting the market on edge. Amid this decisive breakdown, the RSI is quietly flashing a bullish divergence, a subtle but meaningful early signal that momentum may be preparing to shift. The charts now paint a tense picture: bearish pressure remains dominant, but the first signs of a potential turnaround have appeared. Support Levels Crumble As Bitcoin Extends Its Downtrend According to an update shared by Crypto Candy on X, Bitcoin continues to break through support levels with little hesitation. The....
Ethereum is primed to move lower in the days ahead as the cryptocurrency slides below $570 for the first time in many days. ETH is expected to see weakness in the near term as it slides below key technical levels with Bitcoin. One crypto-asset analyst recently shared the chart below, noting that Ethereum is moving below range lows in the $570 region. He thinks that as long as ETH holds below $570, the bear case […]
The price of Ethereum (ETH) has struggled against Tether (USDT) in the past few days, with more downtrend than the bullish sentiment seen in recent weeks. Despite outperforming Bitcoin (BTC) in recent weeks, the price of Ethereum has found itself in key zones that would decide its major move. Related Reading: Ethereum Price Slides As Staked Token Reaches New ATH Ahead Of Hyped Merge Ethereum (ETH) Price Analysis On The Weekly Chart From the chart, the price of ETH saw a weekly low of $1,020, which bounced from that area and rallied to a price of $2,000 after showing great recovery signs....
XRP price fails to sustain momentum and slides below $0.50 despite BTC recovering above $19,000. XRP is another cryptocurrency that has been doing well alongside Bitcoin (BTC) in the past few months. However, its price has been slumping lately, dropping below $0.50 on Dec. 14, or down nearly 15% over the past two days. On higher time frames, the price of XRP broke upward from $0.20 in the summer, reaching a temporary top at $0.80 a few months later, a rally of close to 300%, making it one of the biggest moves this year.There were several reasons for the massive breakout. One of them was....