Ethereum revisits historical indicator low last touched in 2019 at $120
ETH price revisits historical RSI low, which commenced the 2019-2021 bull run. Ethereum price has impulsively fallen, and detecting a conventional reversal signal will be challenging. An early invalidation of the bearish downtrend could be a breach at $1570 for investors willing to take on a high-risk, high-reward setup.
Can Bitcoin price dip lower? This is the support level traders are watching carefully
Bitcoin price reacquaints 2020 areas of interest as bear press $23,000. Increased volatility is likely to occur in the coming days. Bitcoin price has experienced a devastating decline to start this week’s trading session. BTC price is now consolidating in an uncertain spot. The steep decline has breached all short term bullish ideas.
Cardano price could sweep 2022 lows unless this happens
Cardano price is on track to sweep the May 12 lows at $0.39. Traders who have not entered following last week’s bearish thesis should wait for continuation signals. Cardano price, like several cryptocurrencies, is experiencing a steep sell-off to start the third trading week of June.
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BTC hits an all-time high above $97,850, inches away from the $100K mark
Bitcoin hit a new all-time high of $97,852 on Thursday, and the technical outlook suggests a possible continuation of the rally to $100,000. BTC futures have surged past the $100,000 price mark on Deribit, and Lookonchain data shows whales are accumulating.
Shiba Inu holders withdraw 1.67 trillion SHIB tokens from exchange
Shiba Inu trades slightly higher, around $0.000024, on Thursday after declining more than 5% the previous week. SHIB’s on-chain metrics project a bullish outlook as holders accumulate recent dips, and dormant wallets are on the move, all pointing to a recovery in the cards.
Bitcoin: New high of $100K or correction to $78K?
Bitcoin surged to a new all-time high of $93,265 in the first half of the week, followed by a slight decline in the latter half. Reports highlight that Bitcoin’s current level is still not overvalued and could target levels above $100,000 in the coming weeks.
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