Market Analysis by Investing.com (Günay Caymaz) covering: BTC/USD, ETH/USD, XRP/USD, Solana. Read Investing.com (Günay Caymaz)'s Market Analysis on Investing.com
Cryptocurrency markets have experienced a downturn post-Bitcoin halving, marked by lower trading volumes.Bitcoin
However, ETH's week-long uptrend has struggled to overcome the $3,200 resistance due to low trading volume. In the past 24 hours, selling pressure has intensified, with $3,150 acting as a key hurdle. The recent price movement suggests a corrective phase for SOL. While the token has attempted a recovery since last week, it remains capped at an average of $158.
From a technical perspective, XRP dipped below its long-term upward channel earlier this month. While there were attempts to return to the channel last week, a significant resistance level emerged around $0.55, hindering further progress. Now, InvestingPro users can do just the same from the comfort of their own homes with our new flagship AI-powered stock-picking tool: ProPicks.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin Forms Bull Flag Post Halving: How to Trade Potential BreakoutMarket Analysis by Investing.com (Damian Nowiszewski) covering: BTC/USD, Bitcoin, Ethereum. Read Investing.com (Damian Nowiszewski)'s Market Analysis on Investing.com
Read more »
Bitcoin Bulls Look to Retake Charge: Watch Out for a Breakout Above This LevelMarket Analysis by Investing.com (Günay Caymaz) covering: BTC/USD. Read Investing.com (Günay Caymaz)'s Market Analysis on Investing.com
Read more »
Bitcoin on Brink of Short-Term Breakout Ahead of NFP: Watch These Levels CloselyMarket Analysis by Investing.com (Günay Caymaz) covering: BTC/USD. Read Investing.com (Günay Caymaz)'s Market Analysis on Investing.com
Read more »
Bitcoin Correction Could Deepen - Bulls Eye $60k Level as Next Key Buy ZoneMarket Analysis by Investing.com (Damian Nowiszewski) covering: BTC/USD, Bitcoin. Read Investing.com (Damian Nowiszewski)'s Market Analysis on Investing.com
Read more »
Solana network 'nowhere near where we expect it to be' — Solana Foundation execHead of strategy at Solana Foundation, Austin Federa, addresses widespread criticisms regarding Solana’s network outages and highlights potential solutions.
Read more »
Solana Whales Shift $123 Million in SOL - What's Happening?Solana price consolidates amid massive Solana transfer worth around $123.1 million
Read more »