Category: Downtrend
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Bitcoin Snaps Downtrend, Hits $105K as Anticipation Builds for Trump’s Inauguration
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Bitcoin (Bitcoin) reached its strongest price in terms of value in terms of US dollars in 2025 on Friday and set a new record high against the British pound as excitement grows for a new era of crypto-friendly US government ahead of Donald Trump’s inauguration next week. Bitcoin topped $105,000…
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Solana Breaks Above Daily Downtrend – Analyst Expects New ATH Soon
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This article is also available in Spanish. Solana started the year with an impressive 12% rise, reaching the $210 pivot level and reigniting investor optimism. This rise comes as market sentiment turns positive, leading to a broader resurgence of altcoins. With Solana now gaining significant traction, many are wondering if…
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XRP Price Targets $3.34 After Corrective Downtrend Within Descending Channel
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Scott Matherson is a senior cryptocurrency writer at NewsBTC with a knack for taking the pulse of the market, accurately covering pivotal shifts, technological advances, and regulatory changes. Having witnessed the evolving landscape of the cryptocurrency world firsthand, Scott is able to break down complex cryptocurrency topics and present them…
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ADA Slips Below $0.3389 Level, Deeper Downtrend Looming?
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Cardano (ADA) fell back below the crucial support level of $0.3389, raising fears of an extended bearish phase. This level has previously remained a strong line of defense for ADA, but its recent breakout suggests that sellers may have the upper hand. With ADA moving lower, investors are wondering if…
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Worldcoin Rejection At $2.1 Sparks Concerns Of Prolonged Downtrend
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This article is also available in Spanish. WorldcoinThe coin’s recent failure to break the $2.15 resistance level has put the symbol under renewed downward pressure, leaving investors wondering if a longer-term downtrend might be unfolding. The $2.15 mark has become a major battleground, with sellers pushing prices lower every time…
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FLOKI Breaks Out Of Downtrend: Analyst Predicts New ATH
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This article is also available in Spanish. The meme coin FLOKI has also benefited from it Recent inflows into cryptocurrency markets, Which led to many cryptocurrencies recording gains in the 24-hour and seven-day time frames. Notably, this flow saw FLOKI break out of the downtrend line that served as the…
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FLOKI Breaks Out Of Downtrend: Analyst Predicts New ATH
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This article is also available in Spanish. The meme coin FLOKI has also benefited from it Recent inflows into cryptocurrency markets, Which led to many cryptocurrencies recording gains in the 24-hour and seven-day time frames. Notably, this flow saw FLOKI break out of the downtrend line that served as the…
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Chart Art: EUR/AUD To Extend Its Months-long Downtrend?
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After a strong start to the month, the EUR/AUD pair has lost its upward momentum and looks set to extend a long-term downtrend. Will the EUR/AUD see losses in the upcoming trading sessions? Check out what’s happening on the 4-hour time frame! EUR/AUD Forex 4 Hours Chart by TradingView If…
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Chart Art: Is WTI Crude Oil (USOIL) Ready To Extend Its Downtrend?
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US Crude Oil Prices Just Showed A Red Candle Around A Major Turning Point! Are we witnessing the possibility of Black Crack extending its long-term downtrend? The 4-hour chart may give us more clues: Crude Oil WTI (USOIL) 4 hours Chart by TradingView In case you missed it, rising geopolitical…
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FX Watch: NZD/CAD To Extend Its Downtrend After Canada’s CPI Release?
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The New Zealand dollar had a very tough week last week, as concerns about growth in China, weaker-than-expected mid-level domestic data and general risk aversion highlighted the relative weakness of the commodity-linked currency in the foreign exchange space. Meanwhile, the Bank of Canada’s willingness to explore deeper rate cuts is…
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Spot Ethereum ETFs Breaks Nearly Two Weeks Downtrend With Positive Inflow, Price Spike Imminent?
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EthereumEthereum, the second-largest crypto asset, is currently in the spotlight as crypto investors have recently shown renewed interest in historic Ethereum exchange-traded funds (ETFs). Millions of dollars were seen flowing into the products after the market closed on Wednesday. Inflow is considered a bullish indicator for Ethereumindicating that despite recent…
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Longer-term downtrend intact By Investing.com
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The exchange rate, after falling sharply from 162 in early July to 141.7 in early August, has recently stabilized within a range of 143.5 to 149.5. In a note to clients on Wednesday, UBS analysts said: “We believe this range is likely to persist over the next three months, for…
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Longer-term downtrend intact By Investing.com
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The exchange rate, after falling sharply from 162 in early July to 141.7 in early August, has recently stabilized within a range of 143.5 to 149.5. In a note to clients on Wednesday, UBS analysts said: “We believe this range is likely to persist over the next three months, for…
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Market Strategist Says Bitcoin Downtrend Is Finally Over, Here’s Where Price Is Headed Next
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One market strategist stated that Bitcoin (BTC)The world’s largest cryptocurrency, finally It ended its downtrend.According to the strategist, Bitcoin may head towards a new price target, driven by a positive shift in its market value. Bitcoin’s downtrend is over Cryptocurrency analyst identified as ‘Rekt Capital’ on X (formerly Twitter) Advertise…
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Chart Art: Downtrend Pullback For USD/CHF?
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The rally in USD/CHF from the previous week pushed the pair to a key technical resistance level this week. Can the bulls maintain their momentum? Or is USD/CHF ready to extend the long-term trend? USD/CHF currency pair 4 hours Chart by TradingView As you can see, the USD/CHF pair made…
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FX Watch: GBP/JPY’s Downtrend Ahead of U.K.’s Jobs Data
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The GBP/JPY pair has seen lower highs since it was rejected from the 200.50-201.00 area in late May. why not? Threats of the Bank of England (BOE) to shift to dovish and mixed data from the UK are deterring the bulls. Meanwhile, a bit of risk aversion and talks about…
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Chart Art: EUR/USD Is Testing a Long-Term Downtrend Resistance!
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Looking for more USD settings to trade? It looks like the EUR/USD pair has just fallen off the key Resistance zone! Will the pair continue its long-term downward trend in the next few days? EUR/USD 4-hour Forex chart Chart by TradingView In case you missed it, the EUR/USD pair was…
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FX Watch: GBP/USD’s Downtrend Opportunity Ahead of the U.K. Jobs Report
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The pound is testing downside resistance levels ahead of UK labor market data! If you’ve read our latest Weekly Forex DigestYou will know that the US dollar has found some support as more Fed officials announced that they are in no rush to cut interest rates soon. Meanwhile, at least…
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Chart Art: Will Bitcoin (BTC/USD) Extend Its Downtrend?
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Bitcoin is having trouble making new highs above the $65,000 mark! Will this extend the BTC/USD price in its weeks-long downtrend? We take a closer look at the 4-hour chart: Bitcoin (BTC/USD) for 4 hours Chart by TradingView If you’ve read our latest Daily market summary You will then learn…
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Peter Schiff Discloses Downside Target For Bitcoin, Downtrend Imminent?
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Peter Schiff, popular critic of Bitcoin The staunch gold defender has delved into the controversy surrounding BTC’s valuation, forecasting potential downward pressure in the near future and setting his target at the $54,000 price level. Bitcoin continues to face negative pressure Earlier today, Schiff identified a negative pattern on the…