• bitcoinBitcoin (BTC) $ 66,877.00
  • ethereumEthereum (ETH) $ 3,229.66
  • tetherTether (USDT) $ 0.999378
  • bnbBNB (BNB) $ 590.88
  • solanaSolana (SOL) $ 152.89
  • usd-coinUSDC (USDC) $ 1.00
  • staked-etherLido Staked Ether (STETH) $ 3,220.57
  • xrpXRP (XRP) $ 0.530390
  • dogecoinDogecoin (DOGE) $ 0.171425
  • the-open-networkToncoin (TON) $ 6.44
  • cardanoCardano (ADA) $ 0.483390
  • avalanche-2Avalanche (AVAX) $ 38.68
  • shiba-inuShiba Inu (SHIB) $ 0.000024
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 66,775.00
  • bitcoin-cashBitcoin Cash (BCH) $ 519.54
  • tronTRON (TRX) $ 0.114398
  • polkadotPolkadot (DOT) $ 6.99
  • chainlinkChainlink (LINK) $ 14.27
  • matic-networkPolygon (MATIC) $ 0.748072
  • litecoinLitecoin (LTC) $ 84.51
  • internet-computerInternet Computer (ICP) $ 13.33
  • nearNEAR Protocol (NEAR) $ 5.73
  • uniswapUniswap (UNI) $ 7.79
  • leo-tokenLEO Token (LEO) $ 5.75
  • daiDai (DAI) $ 1.00
  • ethereum-classicEthereum Classic (ETC) $ 28.73
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • aptosAptos (APT) $ 9.82
  • blockstackStacks (STX) $ 2.60
  • mantleMantle (MNT) $ 1.14
  • crypto-com-chainCronos (CRO) $ 0.134849
  • bittensorBittensor (TAO) $ 537.85
  • cosmosCosmos Hub (ATOM) $ 9.13
  • filecoinFilecoin (FIL) $ 6.43
  • stellarStellar (XLM) $ 0.111990
  • okbOKB (OKB) $ 53.72
  • vechainVeChain (VET) $ 0.042492
  • hedera-hashgraphHedera (HBAR) $ 0.084992
  • immutable-xImmutable (IMX) $ 2.13
  • arbitrumArbitrum (ARB) $ 1.14
  • render-tokenRender (RNDR) $ 7.79
  • kaspaKaspa (KAS) $ 0.125056
  • dogwifcoindogwifhat (WIF) $ 2.79
  • makerMaker (MKR) $ 2,901.23
  • pepePepe (PEPE) $ 0.000006
  • theta-tokenTheta Network (THETA) $ 2.42
  • the-graphThe Graph (GRT) $ 0.256915
  • optimismOptimism (OP) $ 2.40
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • injective-protocolInjective (INJ) $ 25.69
  • fetch-aiFetch.ai (FET) $ 2.15
  • wrapped-eethWrapped eETH (WEETH) $ 3,335.57
  • moneroMonero (XMR) $ 120.80
  • fantomFantom (FTM) $ 0.752676
  • thorchainTHORChain (RUNE) $ 5.89
  • lido-daoLido DAO (LDO) $ 2.10
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,564.68
  • ethenaEthena (ENA) $ 1.29
  • galaGALA (GALA) $ 0.046559
  • bitget-tokenBitget Token (BGB) $ 1.23
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,327.12
  • arweaveArweave (AR) $ 24.75
  • celestiaCelestia (TIA) $ 9.05
  • suiSui (SUI) $ 1.19
  • flowFlow (FLOW) $ 1.01
  • algorandAlgorand (ALGO) $ 0.186405
  • flokiFLOKI (FLOKI) $ 0.000156
  • quant-networkQuant (QNT) $ 103.69
  • bitcoin-svBitcoin SV (BSV) $ 75.93
  • sei-networkSei (SEI) $ 0.544499
  • aaveAave (AAVE) $ 98.03
  • neoNEO (NEO) $ 20.18
  • jupiter-exchange-solanaJupiter (JUP) $ 1.04
  • beam-2Beam (BEAM) $ 0.026027
  • ribbon-financeRibbon Finance (RBN) $ 1.42
  • bittorrentBitTorrent (BTT) $ 0.000001
  • coredaoorgCore (CORE) $ 1.54
  • zebec-protocolZebec Network (ZBCN) $ 0.026316
  • nervos-networkNervos Network (CKB) $ 0.029426
  • whitebitWhiteBIT Coin (WBT) $ 8.98
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,216.02
  • ordinalsORDI (ORDI) $ 60.74
  • flare-networksFlare (FLR) $ 0.032734
  • tokenize-xchangeTokenize Xchange (TKX) $ 14.98
  • the-sandboxThe Sandbox (SAND) $ 0.508108
  • elrond-erd-2MultiversX (EGLD) $ 42.72
  • ecasheCash (XEC) $ 0.000058
  • axie-infinityAxie Infinity (AXS) $ 7.92
  • bonkBonk (BONK) $ 0.000017
  • starknetStarknet (STRK) $ 1.49
  • singularitynetSingularityNET (AGIX) $ 0.841338
  • wormholeWormhole (W) $ 0.601857
  • tezosTezos (XTZ) $ 1.09
  • eosEOS (EOS) $ 0.931259
  • dydx-chaindYdX (DYDX) $ 2.31
  • havvenSynthetix Network (SNX) $ 3.20
  • conflux-tokenConflux (CFX) $ 0.272081
  • chilizChiliz (CHZ) $ 0.116920
  • ondo-financeOndo (ONDO) $ 0.692142
  • kucoin-sharesKuCoin (KCS) $ 10.07
  • gatechain-tokenGate (GT) $ 7.26
  • roninRonin (RON) $ 3.09
  • msolMarinade staked SOL (MSOL) $ 179.58
  • worldcoin-wldWorldcoin (WLD) $ 5.20
  • pyth-networkPyth Network (PYTH) $ 0.630746
  • decentralandDecentraland (MANA) $ 0.507638
  • cheeleeCheelee (CHEEL) $ 16.23
  • jasmycoinJasmyCoin (JASMY) $ 0.018973
  • mina-protocolMina Protocol (MINA) $ 0.816620
  • gnosisGnosis (GNO) $ 340.64
  • heliumHelium (HNT) $ 5.27
  • kavaKava (KAVA) $ 0.781966
  • akash-networkAkash Network (AKT) $ 3.58
  • iotaIOTA (IOTA) $ 0.256520
  • pancakeswap-tokenPancakeSwap (CAKE) $ 3.20
  • apecoinApeCoin (APE) $ 1.29
  • echelon-primeEchelon Prime (PRIME) $ 20.62
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,232.58
  • frax-etherFrax Ether (FRXETH) $ 3,182.94
  • mantra-daoMANTRA (OM) $ 0.910182
  • nexoNEXO (NEXO) $ 1.31
  • dexeDeXe (DEXE) $ 12.85
  • usddUSDD (USDD) $ 1.00
  • klay-tokenKlaytn (KLAY) $ 0.199770
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000034
  • bitcoin-goldBitcoin Gold (BTG) $ 40.52
  • lido-staked-solLido Staked SOL (STSOL) $ 178.99
  • aerodrome-financeAerodrome Finance (AERO) $ 1.75
  • swethSwell Ethereum (SWETH) $ 3,391.51
  • axelarAxelar (AXL) $ 1.10
  • oasis-networkOasis Network (ROSE) $ 0.101970
  • aioz-networkAIOZ Network (AIOZ) $ 0.623041
  • dydxdYdX (ETHDYDX) $ 2.28
  • osmosisOsmosis (OSMO) $ 1.03
  • corgiaiCorgiAI (CORGIAI) $ 0.001956
  • fraxFrax (FRAX) $ 0.999589
  • illuviumIlluvium (ILV) $ 100.67
  • radixRadix (XRD) $ 0.060890
  • astarAstar (ASTR) $ 0.112682
  • theta-fuelTheta Fuel (TFUEL) $ 0.096493
  • blurBlur (BLUR) $ 0.409910
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000104
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,426.13
  • pendlePendle (PENDLE) $ 6.18
  • altlayerAltLayer (ALT) $ 0.476609
  • wemix-tokenWEMIX (WEMIX) $ 1.67
  • woo-networkWOO (WOO) $ 0.314592
  • dymensionDymension (DYM) $ 3.58
  • tether-goldTether Gold (XAUT) $ 2,349.23
  • iotexIoTeX (IOTX) $ 0.061769
  • xdce-crowd-saleXDC Network (XDC) $ 0.040040
  • fasttokenFasttoken (FTN) $ 1.78
  • curve-dao-tokenCurve DAO (CRV) $ 0.464877
  • based-brettBrett (BRETT) $ 0.065308
  • 1inch1inch (1INCH) $ 0.467919
  • book-of-memeBOOK OF MEME (BOME) $ 0.009745
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,474.19
  • ocean-protocolOcean Protocol (OCEAN) $ 0.877293
  • manta-networkManta Network (MANTA) $ 2.10
  • true-usdTrueUSD (TUSD) $ 1.00
  • memecoin-2Memecoin (MEME) $ 0.032427
  • enjincoinEnjin Coin (ENJ) $ 0.350480
  • zilliqaZilliqa (ZIL) $ 0.027516
  • mx-tokenMX (MX) $ 5.06
  • skaleSKALE (SKL) $ 0.097335
  • apenftAPENFT (NFT) $ 0.00000050
  • ether-fiEther.fi (ETHFI) $ 4.27
  • pups-ordinalsPUPS (Ordinals) (PUPS) $ 62.26
  • qtumQtum (QTUM) $ 4.52
  • ankrAnkr Network (ANKR) $ 0.047861
  • siacoinSiacoin (SC) $ 0.008327
  • ethereum-name-serviceEthereum Name Service (ENS) $ 15.12
  • stepnGMT (GMT) $ 0.237935
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.11
  • terra-luna-2Terra (LUNA) $ 0.667962
  • celoCelo (CELO) $ 0.843724
  • holotokenHolo (HOT) $ 0.002519
  • rocket-poolRocket Pool (RPL) $ 21.95
  • aelfaelf (ELF) $ 0.611694
  • compound-wrapped-btccWBTC (CWBTC) $ 1,341.57
  • project-galaxyGalxe (GAL) $ 4.18
  • 0x0x Protocol (ZRX) $ 0.524953
  • ravencoinRavencoin (RVN) $ 0.032111
  • ethereum-pow-iouEthereumPoW (ETHW) $ 4.08
  • polymeshPolymesh (POLYX) $ 0.422879
  • biconomyBiconomy (BICO) $ 0.584791
  • pax-goldPAX Gold (PAXG) $ 2,364.54
  • golemGolem (GLM) $ 0.414073
  • frax-shareFrax Share (FXS) $ 5.37
  • amp-tokenAmp (AMP) $ 0.007552
  • basic-attention-tokenBasic Attention (BAT) $ 0.282727
  • raydiumRaydium (RAY) $ 1.57
  • superfarmSuperVerse (SUPER) $ 0.902148
  • stader-ethxStader ETHx (ETHX) $ 3,300.83
  • compound-governance-tokenCompound (COMP) $ 59.10
  • jito-governance-tokenJito (JTO) $ 3.43
  • origintrailOriginTrail (TRAC) $ 0.976451
  • jeo-bodenJeo Boden (BODEN) $ 0.570470
  • pixelsPixels (PIXEL) $ 0.499823
  • safepalSafePal (SFP) $ 0.833820

Bitcoin Price Rejects $30K But This Variable Can Trigger A Fresh Increase

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Bitcoin Price Rejects $30K But This Variable Can Trigger A Fresh Increase

Bitcoin price attempted an upside break above the $30,000 resistance. BTC failed and corrected lower toward the $28,400 support zone.

  • Bitcoin is struggling to gain pace above the $29,400 and $29,500 resistance levels.
  • The price is trading below $29,200 and the 100 hourly Simple moving average.
  • There is a key bearish trend line forming with resistance near $28,950 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair could start a fresh increase if it stays above the $27,850 support zone.

Bitcoin Price Remains Supported

Bitcoin price gained pace for a move above the $29,200 resistance zone. However, BTC struggled to remain in a positive zone above the $29,400 and $29,500 resistance levels.

The bulls struggled near the $30,000 resistance zone. A high was formed near $29,975 and the price started a fresh decline. There was a move below the $29,500 and $29,200 support levels. A low is formed near $28,360 and the price is now consolidating losses.

Bitcoin price is trading below $29,200 and the 100 hourly Simple moving average. There is also a key bearish trend line forming with resistance near $28,950 on the hourly chart of the BTC/USD pair.

Immediate resistance is near the $28,750 level. It is close to the 23.6% Fib retracement level of the recent decline from the $29,975 swing high to the $28,360 low. The next major resistance sits near the $29,000 zone and the trend line.

Bitcoin Price Rejects $30K But This Variable Can Trigger A Fresh Increase

Source: BTCUSD on TradingView.com

The first major resistance is near $29,200 and the 100 hourly Simple moving average. It is close to the 50% Fib retracement level of the recent decline from the $29,975 swing high to the $28,360 low. A close above the $29,200 resistance could send Bitcoin toward $29,500. Any more gains could open the doors for a test of the key barrier at $30,000.

More Losses in BTC?

If Bitcoin’s price fails to clear the $29,200 resistance, it could continue to move down. Immediate support on the downside is near the $28,400 level.

The next major support is near the $27,850 zone, below which the price might dive toward the $27,200 support zone. Any more losses might take Bitcoin toward $26,500 in the near term.

Technical indicators:

Hourly MACD – The MACD is now gaining pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 40 level.

Major Support Levels – $28,400, followed by $27,850.

Major Resistance Levels – $29,000, $29,200, and $30,000.

Source

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