Cardano price eyes a drop towards $1.85 as ADA bulls face a wall of stiff resistances
Cardano price is once again on the slippery slope this Sunday, kicking off a new week on the wrong footing, as ADA bulls lack follow-through recovery momentum. ADA/USD staged a temporary reversal on Saturday after Friday’s wild moves, which lead to a test of the $2 psychological magnate.
Shiba Inu price looks south towards $0.0000060 as technicals favor SHIB bears
Amidst an underlying downbeat mood across the crypto market, Shiba Inu extends the bearish momentum into the third straight day on Sunday. In doing so, SHIB price maintains this week’s range trade, consolidating the corrective pullback from three-month tops of $0.00000950.
Polkadot price at make-or-break point as DOT awaits a range breakout
Having faced rejection just shy of the $34 mark on a couple of occasions, Polkadot (DOT) bears are tightening their grip, as a fateful week draws to an end. Polkadot price is set to book a second consecutive week of losses, as the crypto market sentiment remains undermined by the latest PBOC crackdown.
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Cardano Price Forecast: On-chain metrics and technical outlook signal bearish trend
Cardano is trading slightly down around $0.33 on Monday, struggling against resistance from its previously broken ascending trendline. Declining daily trading volume reinforces a bearish outlook.
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Bitcoin found support around its crucial level of $66,000, suggesting a potential recovery. However, Ethereum and Ripple show signs of weakness, and a close below their key support levels would continue their ongoing decline.
Solana Price Forecast: SOL corrects even as on-chain metric hits record high
Solana corrects to the $170 level early on Friday. The native token of the Solana blockchain is in a state of decline even as on-chain metrics suggest rising activity on the chain. Data from Blockworks shows that Solana has noted a spike in its activity, likely in response to meme coins.
Crypto Today: XRP, Bitcoin and Ethereum decline as Ripple files response to SEC appeal
XRP loses over 1.30% as Ripple's executive confirms the filing of an important document in the appeals process in the SEC lawsuit. Bitcoin corrects less than 1% and sustains above $67,500. Ethereum is down nearly 0.20%, holding above the key support level of $2,500.
Bitcoin: New all-time high at $78,900 looks feasible
Bitcoin price declines over 2% this week, but the bounce from a key technical level on the weekly chart signals chances of hitting a new all-time high in the short term. US spot Bitcoin ETFs posted $596 million in inflows until Thursday despite the increased profit-taking activity.
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