Author: John Smith
Bitcoin has recovered above a key resistance level following several days of selling pressure, though institutional selling from U.S.-based investors continues, according to market data. Summary After days of selling pressure, Bitcoin has rebounded above a key resistance level. The Coinbase Premium Index remains negative, signaling that US institutional investors are selling more aggressively than retail traders. Ongoing outflows from Bitcoin spot ETFs have been identified as a key factor behind the sustained institutional selling. The Coinbase Premium Index, which compares Bitcoin’s (BTC) price on Coinbase with Binance, remains in negative territory, according to analyst Darkfost. The metric indicates that…
XRP, the digital token associated with Ripple, has declined 18% during the current month, bringing the price to a level near significant support zones, according to market data. Summary XRP saw a slight increase in price over the past 24 hours. Analysts suggest that XRP is in a multi-month consolidation phase. XRP’s ETF activity has surged, and technical analysts are watching for a possible flag pattern. The token recorded a modest gain over the past 24 hours and advanced slightly during the past week, while daily trading volume remained elevated. The price remains well below its recent high. Source: CoinGecko…
Shiba Inu price defends its yearly low with a bullish engulfing candle, signaling early signs of structural change and setting the stage for a potential move toward higher value areas. Summary SHIB shows its first meaningful bullish reaction after weeks of downward pressure. Yearly low defense strengthens the case for a short-term recovery. Next key objectives sit at the value area low and point of control. Shiba Inu (SHIB) has posted a strong bullish engulfing candle directly at the yearly low, signaling a significant shift in market structure after weeks of sustained bearish pressure. This reaction occurred at a well-defined…
WLFI price prints a bearish SFP after sweeping major liquidity at the swing high, signalling increased downside risk if price fails to reclaim key value area levels. Summary WLFI’s recent rejection shows fading bullish strength after an aggressive liquidity sweep. Current positioning below $0.16 keeps sellers in control of short-term direction. A move into $0.12 would provide the next major reaction zone for traders. World Liberty Financial (WLFI), the Trump family’s crypto firm, has delivered a sharp rejection after sweeping liquidity above its recent swing high, forming a clear bearish Swing Failure Pattern. This development follows an impulsive rally from…
Kyrgyzstan has officially launched USDKG, a gold-backed stablecoin pegged 1:1 to the USD, with an initial issuance of $50 million, according to PR shared with crypto.news. Summary USDKG is pegged 1:1 to the U.S. dollar and fully backed by gold reserves. State-owned issuer aims to expand reserves to $500 million and later $2 billion. The project marks Central Asia’s first state-supervised, gold-backed digital currency. USDKG is built on the Tron blockchain and audited by ConsenSys Diligence, with future support planned for Ethereum. Tokens are issued by a state-owned company under the Ministry of Finance, OJSC Virtual Asset Issuer. However, it’s…
Bitcoin reclaimed the $91,000 zone after a 30% drawdown, with analysts divided over whether current consolidation signals recovery or a deeper bear phase. Summary Bitcoin bounced back above $91,000 after an eight‑month low, reclaiming a zone that flipped from support to resistance during Trump’s recent tariff talks. Bullish analysts highlight consolidation above key ranges and improving 4h momentum signals, while warning that a drop below nearby support risks new lows. Bearish views argue this post‑ATH drawdown marks the start of a multi‑year bear market, especially threatening overleveraged investors despite short‑term relief. Bitcoin recaptured the $91,000 level following a decline of…
Kaspa price is showing signs of a full bullish reversal from its long downtrend after it broke out of a key descending trendline that has kept its price in check for months. Summary Kaspa price has climbed 40% in the past week. Whales have bought the recent dip in KAS token. Multiple bullish reversal patterns have been confirmed on the daily chart. Kaspa (KAS) has rallied over 40% in the past seven days to an intraday high of $0.061 on Thursday, Nov. 27, its highest level since mid‑October. Trading at $0.059 at press time, the PoW cryptocurrency still sits 48%…
Solana price is holding a key multi-month support zone around $143 after weeks of decline, with neutral momentum and analysts watching for either a relief bounce or a breakdown toward lower supports. Summary Solana price rebounded from a multi-year demand band where buyers have repeatedly defended price, but it still trades below key moving averages and a major volume node. Analyst DaanCrypto argues the downtrend may be nearing exhaustion, highlighting current support as a major high-timeframe level and mapping nearby resistance and liquidity pockets as first upside targets. Technical analysts say holding $143 opens a path toward higher resistance zones,…
Ethereum climbed back above $3,000 after a wave of exchange traded-fund inflows and heavy whale accumulation helped stabilize the market following weeks of selling. Summary Ethereum price reclaimed the $3K level while open interest climbed and trading volume softened. U.S. spot ETH ETFs recorded a fourth straight day of inflows. Ethereum’s chart shows early signs of a rebound, with ETH climbing off the lower Bollinger Band and short-term indicators turning positive. Ethereum has climbed back above $3,000, trading at $3,037, a 3.5% daily gain. The move came after a rough month that has pushed ETH down almost 40%, leaving it…
Crypto prices today saw modest gains in what the market views as the start of a recovery from November’s sharp pullback. Summary The crypto market is showing recovery, with Bitcoin above $90,000 and major altcoins gaining. Fed rate cut expectations, a technical reset, and global trade optimism lifted investor confidence. On-chain metrics indicate potential stabilization, with whales accumulating and leverage declining. The total crypto market capitalization rose 3.6% to $3.2 trillion, supported by gains across major assets. At press time, Bitcoin traded at $91,404, up 4.6% in the past 24 hours. BNB reached $895, up 3.6%, XRP traded at $2.20,…