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These Three Metrics Show BTC Found Strong Support Near $80,000

These Three Metrics Show BTC Found Strong Support Near $80,000

2 months ago by Crypto InsightsCrypto

Bitcoin BTC$90,096.68 has so far bounced above $90,000, 15% higher from its Nov. 21 low of around $80,000, with price finding confluence support across three important cost basis metrics: the 2024 yearly volume weighted cost basis, the True Market Mean, and the average U.S. spot… Read More

DOT Sinks 2% After Breaking Key Support

DOT Sinks 2% After Breaking Key Support

2 months ago by Crypto InsightsCrypto

DOT$1.9758 suffered a technical breakdown during Friday’s session as the token plunged from a high of $2.09 to $1.97, erasing its previous rally momentum. The decline occurred on heavy volume that reached 284% above normal levels, according to CoinDesk Research’s technical analysis model. The model… Read More

Filecoin (FIL) Price News: Losing Support

Filecoin (FIL) Price News: Losing Support

2 months ago by Crypto InsightsCrypto

Filecoin FIL$1.3804 fell 7.3% in the past 24 hours, dropping from $1.48 to $1.38 as decentralized physical infrastructure tokens spearheaded a sector-wide liquidation. The storage protocol established a clear downtrend with consecutive lower highs from its Dec. 10 peak at $1.55, according to CoinDesk Research’s… Read More

ICP Extends Slide as Heavy Volume Confirms Breakdown Below Support

ICP Extends Slide as Heavy Volume Confirms Breakdown Below Support

2 months ago by Crypto InsightsCrypto

ICP$4.1075 extended its slide over the past 24 hours, trading near $4.369 after a sharp break below long-standing support at $4.33. The decline followed one of the steepest intraday drops in recent sessions, with price moving from $4.97 to $4.30 in a fast, technically-driven cascade,… Read More

XLM Tumbles Below Key $0.285 Support as Bears Take Over

XLM Tumbles Below Key $0.285 Support as Bears Take Over

3 months ago by Crypto InsightsCrypto

Stellar faced selling pressure during Tuesday’s session with XLM sliding from $0.2846 to $0.2812 as institutional distribution emerged at elevated levels. The token carved out a $0.0189 range, representing 6.7% volatility that signaled heightened trader uncertainty around current price levels. The breakdown accelerated at 14:00… Read More

BTC Dips 0.9% as Heavy Volume Breakdown Tests Key Support

BTC Dips 0.9% as Heavy Volume Breakdown Tests Key Support

3 months ago by Crypto InsightsCrypto

According to CoinDesk Research’s technical analysis data model, bitcoin BTC$102,458.40 retreated in measured fashion during Tuesday’s trading session, sliding from $103,177 to $102,203 while carving out clear bearish structure after probing session highs above $105,300. The world’s most valuable cryptocurrency moved within a hefty $3,289… Read More

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