Tag: Support
Will Ethereum’s (ETH) Long-Term Support Line Cause a Reversal?
Ethereum’s (ETH) price has reached a long-term ascending support line that has been in place for nearly 460 days.
While the price action shows...
Metis Provides Support for Users Affected by PolyNetwork Exploit While Improving Cross-Chain Structure
Layer 2 scaling solution Metis has announced a plan to compensate users affected by last month’s PolyNetwork bridge hack.
The project will distribute 117,000...
FTX Liquidation and Its Support Implications
The DOGE price risks breaking down from a long-term descending triangle pattern. This could trigger a 50% price decrease.
While the weekly timeframe readings...
ETH Approaching Critical Long-Term Support: Bounce in Sight?
Ethereum’s (ETH) price is approaching a long-term ascending support line that has been in place for 450 days.
While the price action is...
Litecoin (LTC) Price Risks Breakdown from Key $60 Support Area
The Litecoin (LTC) price has broken down from a long-term ascending support line and is at risk of breaking down from a horizontal...
Will Cardano (ADA) Price Hold $0.25 Support as Pressure Grows
Over the past three weeks, Cardano’s (ADA) price has consolidated within the $0.25 – $0.28 territory. But recent on-chain data trends could tilt...
ETH Price Faces Bearish Headwinds As $1,600 Support Weakens
Ethereum (ETH) price dropped to $1,620 on September 2. On-chain analysis provides insights into possible Ethereum price action in the coming days.
On September...
Binance Stops Support for BUSD and Pushes FDUSD Stablecoin
Binance has announced it will stop support for BUSD and has asked users to convert their funds to other stablecoins.
While Binance is ceasing...