• bitcoinBitcoin (BTC) $ 61,884.00
  • ethereumEthereum (ETH) $ 3,410.58
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 410.37
  • solanaSolana (SOL) $ 130.48
  • xrpXRP (XRP) $ 0.620177
  • staked-etherLido Staked Ether (STETH) $ 3,404.71
  • usd-coinUSDC (USDC) $ 1.00
  • cardanoCardano (ADA) $ 0.726975
  • dogecoinDogecoin (DOGE) $ 0.134020
  • avalanche-2Avalanche (AVAX) $ 42.81
  • tronTRON (TRX) $ 0.140451
  • shiba-inuShiba Inu (SHIB) $ 0.000021
  • polkadotPolkadot (DOT) $ 9.13
  • chainlinkChainlink (LINK) $ 20.44
  • matic-networkPolygon (MATIC) $ 1.08
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 61,830.00
  • bitcoin-cashBitcoin Cash (BCH) $ 483.54
  • uniswapUniswap (UNI) $ 12.29
  • the-open-networkToncoin (TON) $ 2.66
  • litecoinLitecoin (LTC) $ 90.12
  • internet-computerInternet Computer (ICP) $ 13.18
  • daiDai (DAI) $ 1.00
  • filecoinFilecoin (FIL) $ 9.69
  • ethereum-classicEthereum Classic (ETC) $ 33.05
  • cosmosCosmos Hub (ATOM) $ 11.86
  • immutable-xImmutable (IMX) $ 3.26
  • nearNEAR Protocol (NEAR) $ 4.26
  • leo-tokenLEO Token (LEO) $ 4.75
  • blockstackStacks (STX) $ 3.05
  • aptosAptos (APT) $ 11.54
  • bittensorBittensor (TAO) $ 646.12
  • optimismOptimism (OP) $ 3.99
  • kaspaKaspa (KAS) $ 0.167940
  • stellarStellar (XLM) $ 0.134002
  • hedera-hashgraphHedera (HBAR) $ 0.112420
  • crypto-com-chainCronos (CRO) $ 0.141460
  • injective-protocolInjective (INJ) $ 41.13
  • vechainVeChain (VET) $ 0.048725
  • okbOKB (OKB) $ 56.92
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • the-graphThe Graph (GRT) $ 0.331168
  • render-tokenRender (RNDR) $ 7.98
  • lido-daoLido DAO (LDO) $ 3.34
  • mantleMantle (MNT) $ 0.891859
  • celestiaCelestia (TIA) $ 16.58
  • moneroMonero (XMR) $ 147.75
  • arbitrumArbitrum (ARB) $ 2.07
  • theta-tokenTheta Network (THETA) $ 2.34
  • bitcoin-svBitcoin SV (BSV) $ 115.46
  • sei-networkSei (SEI) $ 0.844877
  • arweaveArweave (AR) $ 32.90
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,752.06
  • fetch-aiFetch.ai (FET) $ 1.94
  • algorandAlgorand (ALGO) $ 0.241801
  • suiSui (SUI) $ 1.57
  • makerMaker (MKR) $ 2,069.03
  • elrond-erd-2MultiversX (EGLD) $ 69.97
  • pepePepe (PEPE) $ 0.000004
  • quant-networkQuant (QNT) $ 125.47
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,489.14
  • beam-2Beam (BEAM) $ 0.034575
  • flowFlow (FLOW) $ 1.16
  • thorchainTHORChain (RUNE) $ 5.60
  • aaveAave (AAVE) $ 112.37
  • ordinalsORDI (ORDI) $ 77.27
  • dogwifcoindogwifhat (WIF) $ 1.62
  • flare-networksFlare (FLR) $ 0.045799
  • dydx-chaindYdX (DYDX) $ 3.64
  • galaGALA (GALA) $ 0.043605
  • bonkBonk (BONK) $ 0.000023
  • the-sandboxThe Sandbox (SAND) $ 0.652007
  • havvenSynthetix Network (SNX) $ 4.39
  • fantomFantom (FTM) $ 0.511583
  • mina-protocolMina Protocol (MINA) $ 1.35
  • axie-infinityAxie Infinity (AXS) $ 10.25
  • axelarAxelar (AXL) $ 2.34
  • bittorrentBitTorrent (BTT) $ 0.000001
  • starknetStarknet (STRK) $ 1.87
  • chilizChiliz (CHZ) $ 0.151091
  • apecoinApeCoin (APE) $ 2.21
  • bitget-tokenBitget Token (BGB) $ 0.926811
  • singularitynetSingularityNET (AGIX) $ 1.02
  • true-usdTrueUSD (TUSD) $ 1.00
  • flokiFLOKI (FLOKI) $ 0.000130
  • heliumHelium (HNT) $ 8.81
  • corgiaiCorgiAI (CORGIAI) $ 0.004031
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000060
  • kucoin-sharesKuCoin (KCS) $ 12.96
  • tezosTezos (XTZ) $ 1.37
  • tokenize-xchangeTokenize Xchange (TKX) $ 15.36
  • eosEOS (EOS) $ 1.05
  • whitebitWhiteBIT Coin (WBT) $ 8.20
  • decentralandDecentraland (MANA) $ 0.633916
  • worldcoin-wldWorldcoin (WLD) $ 7.99
  • neoNEO (NEO) $ 16.20
  • klay-tokenKlaytn (KLAY) $ 0.312680
  • dydxdYdX (ETHDYDX) $ 3.64
  • oasis-networkOasis Network (ROSE) $ 0.161541
  • jasmycoinJasmyCoin (JASMY) $ 0.022003
  • blurBlur (BLUR) $ 0.729196
  • akash-networkAkash Network (AKT) $ 4.51
  • frax-etherFrax Ether (FRXETH) $ 3,395.09
  • pyth-networkPyth Network (PYTH) $ 0.677960
  • gnosisGnosis (GNO) $ 395.49
  • conflux-tokenConflux (CFX) $ 0.271589
  • cheeleeCheelee (CHEEL) $ 17.83
  • kavaKava (KAVA) $ 0.935638
  • osmosisOsmosis (OSMO) $ 1.60
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000173
  • iotaIOTA (IOTA) $ 0.318475
  • woo-networkWOO (WOO) $ 0.532892
  • wemix-tokenWEMIX (WEMIX) $ 2.60
  • astarAstar (ASTR) $ 0.164511
  • roninRonin (RON) $ 2.93
  • msolMarinade staked SOL (MSOL) $ 150.56
  • dymensionDymension (DYM) $ 6.00
  • ecasheCash (XEC) $ 0.000044
  • swethSwell Ethereum (SWETH) $ 3,480.65
  • jupiter-exchange-solanaJupiter (JUP) $ 0.600836
  • pancakeswap-tokenPancakeSwap (CAKE) $ 3.27
  • nexoNEXO (NEXO) $ 1.38
  • illuviumIlluvium (ILV) $ 120.37
  • curve-dao-tokenCurve DAO (CRV) $ 0.662204
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,652.31
  • manta-networkManta Network (MANTA) $ 2.94
  • usddUSDD (USDD) $ 0.999376
  • golemGolem (GLM) $ 0.734621
  • ondo-financeOndo (ONDO) $ 0.503975
  • gatechain-tokenGate (GT) $ 5.42
  • ribbon-financeRibbon Finance (RBN) $ 0.775808
  • enjincoinEnjin Coin (ENJ) $ 0.497215
  • nervos-networkNervos Network (CKB) $ 0.015998
  • ocean-protocolOcean Protocol (OCEAN) $ 1.18
  • holotokenHolo (HOT) $ 0.003911
  • bitcoin-goldBitcoin Gold (BTG) $ 38.96
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • frax-shareFrax Share (FXS) $ 8.81
  • ethereum-name-serviceEthereum Name Service (ENS) $ 21.96
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,613.79
  • superfarmSuperVerse (SUPER) $ 1.45
  • 1inch1inch (1INCH) $ 0.567999
  • fraxFrax (FRAX) $ 0.996802
  • coredaoorgCore (CORE) $ 0.739782
  • rocket-poolRocket Pool (RPL) $ 31.36
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.48
  • celoCelo (CELO) $ 1.15
  • compound-governance-tokenCompound (COMP) $ 89.15
  • xdce-crowd-saleXDC Network (XDC) $ 0.043650
  • lido-staked-solLido Staked SOL (STSOL) $ 150.33
  • altlayerAltLayer (ALT) $ 0.526849
  • metis-tokenMetis (METIS) $ 108.82
  • iotexIoTeX (IOTX) $ 0.060877
  • arkhamArkham (ARKM) $ 2.84
  • terra-luna-2Terra (LUNA) $ 0.822934
  • skaleSKALE (SKL) $ 0.105854
  • gmxGMX (GMX) $ 57.49
  • siacoinSiacoin (SC) $ 0.009652
  • stepnGMT (GMT) $ 0.309452
  • apenftAPENFT (NFT) $ 0.00000055
  • zetachainZetaChain (ZETA) $ 2.27
  • fasttokenFasttoken (FTN) $ 1.74
  • casper-networkCasper Network (CSPR) $ 0.044877
  • zilliqaZilliqa (ZIL) $ 0.029824
  • echelon-primeEchelon Prime (PRIME) $ 14.54
  • theta-fuelTheta Fuel (TFUEL) $ 0.079598
  • tether-goldTether Gold (XAUT) $ 2,074.71
  • chiaChia (XCH) $ 50.90
  • kujiraKujira (KUJI) $ 4.14
  • aelfaelf (ELF) $ 0.708393
  • zcashZcash (ZEC) $ 32.17
  • compound-wrapped-btccWBTC (CWBTC) $ 1,241.25
  • origintrailOriginTrail (TRAC) $ 1.23
  • kusamaKusama (KSM) $ 52.27
  • radixRadix (XRD) $ 0.044957
  • gasGas (GAS) $ 7.20
  • basic-attention-tokenBasic Attention (BAT) $ 0.312516
  • compound-ethercETH (CETH) $ 68.49
  • mask-networkMask Network (MASK) $ 4.69
  • dashDash (DASH) $ 37.44
  • livepeerLivepeer (LPT) $ 14.05
  • pixelsPixels (PIXEL) $ 0.570533
  • ankrAnkr Network (ANKR) $ 0.043240
  • nosanaNosana (NOS) $ 5.18
  • desoDecentralized Social (DESO) $ 40.56
  • stader-ethxStader ETHx (ETHX) $ 3,450.06
  • qtumQtum (QTUM) $ 4.06
  • neutron-3Neutron (NTRN) $ 1.51
  • moonbeamMoonbeam (GLMR) $ 0.491210
  • nemNEM (XEM) $ 0.045234
  • convex-financeConvex Finance (CVX) $ 4.94
  • strideStride (STRD) $ 4.51
  • loopringLoopring (LRC) $ 0.321387
  • dexeDeXe (DEXE) $ 6.99
  • decredDecred (DCR) $ 24.76
  • ethereum-pow-iouEthereumPoW (ETHW) $ 3.69
  • pax-goldPAX Gold (PAXG) $ 2,037.79
  • api3API3 (API3) $ 3.77
  • aleph-zeroAleph Zero (AZERO) $ 1.28
  • memecoin-2Memecoin (MEME) $ 0.039765

Bitcoin Price Still Vulnerable Unless It Surges Past $26,500

0 104

Bitcoin price is attempting an upside break above the $26,200 resistance. BTC must clear $26,200 and $26,500 to start a decent recovery wave.

  • Bitcoin is still struggling to clear the $26,500 resistance zone.
  • The price is trading above $26,000 and the 100 hourly Simple moving average.
  • There was a break above a short-term bearish trend line with resistance near $26,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair could attempt a fresh increase if it clears $26,200 and $26,500.

Bitcoin Price Faces Hurdles

Bitcoin price started a short-term upward move from the $25,720 zone. BTC was able to climb above the $26,000 resistance zone but it is still facing a lot of hurdles.

During the recent increase, it broke the 23.6% Fib retracement level of the downward move from the $26,779 swing high to the $25,778 low. Besides, there was a break above a short-term bearish trend line with resistance near $26,000 on the hourly chart of the BTC/USD pair.

Bitcoin is now trading above $26,000 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $26,175 and $26,200 levels.

A clear move above the $26,200 level might send the price toward the key resistance at $26,500. Intermediate resistance is near the 61.8% Fib retracement level of the downward move from the $26,779 swing high to the $25,778 low at $26,400.

Bitcoin Price Still Vulnerable Unless It Surges Past $26,500

Source: BTCUSD on TradingView.com

To start a decent increase, the price must settle above $26,500. In the stated case, the price could test the $27,000 level. Any more gains might set the pace for a larger increase toward $28,200.

Fresh Decline In BTC?

If Bitcoin fails to clear the $26,200 resistance, it could start another decline. Immediate support on the downside is near the $25,900 level.

The next major support is near the $25,800 level. A downside break below the $25,800 level might push the price further lower. In the stated case, the price could drop toward $25,400.

Technical indicators:

Hourly MACD – The MACD is now losing pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.

Major Support Levels – $25,800, followed by $25,400.

Major Resistance Levels – $26,200, $26,500, and $27,000.

Source

Leave A Reply

Your email address will not be published.