Tag: Price

Ethereum Price Drops Below $2,350, Recovery Hopes Start To Fade

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Ethereum price started a fresh decline and traded below $2,350. ETH is now consolidating above $2,265 and might struggle to recover. Ethereum started a downside correction from the $2,400 zone. The price is trading below $2,350 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,310 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,350 zone. Ethereum Price Trims Gains Ethereum price failed to remain stable above $2,380 and…

Bitcoin Price Turns Lower After Rejection, Downside Pressure Builds

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Bitcoin price started a fresh decline from the $79,500 zone. BTC is consolidating and might struggle to stay above the $76,500 support. Bitcoin failed to stay above $78,500 and corrected gains. The price is trading below $78,000 and the 100 hourly simple moving average. There is a connecting bearish trend line forming with resistance at $77,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $77,600 and $78,000 levels. Bitcoin Price Dips Again Bitcoin price failed to…

Japan signals potential forex intervention amid yen weakness and oil price impact

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Japan’s Finance Minister Satsuki Katayama has signaled preparedness for foreign exchange intervention amid yen weakness. The Polymarket contract on whether the Bank of Japan cuts rates after its April 2026 meeting sits at 0.1% YES. Katayama’s comments link crude oil price fluctuations to forex instability, implying potential for intervention. The Bank of Japan’s April decision market has held at 0.1% YES, unchanged over the past week. With the yen trading near 159–160 per dollar, speculation about intervention could push the BoJ closer to a rate cut. In the crude oil…

XRP Price Eyes $1.45 Break Again, Can Bulls Force Upside Move?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Ethereum Price Climbs Gradually, Can Bulls Break $2,400 Barrier?

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Ethereum price started a fresh increase and remained stable above $2,365. ETH is now consolidating and might aim for more gains if it clears $2,400. Ethereum started a steady increase above the $2,365 zone. The price is trading above $2,370 and the 100-hourly Simple Moving Average. There was a break above a contracting triangle with resistance at $2,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it stays above the $2,330 zone. Ethereum Price Aims for Fresh High Above $2,420…

Bitcoin Price Advances Toward $80K, Upside Break Now In Focus

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Bitcoin price started a fresh increase and cleared the $78,500 zone. BTC is consolidating and might aim for more gains above the $79,200 level. Bitcoin managed to stay above $76,000 and started a fresh increase. The price is trading above $78,000 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $78,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays above the $78,250 and $77,500 levels. Bitcoin Price Eyes More Gains…

Karex warns of 30% price hikes due to Iran war supply chain issues

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Condom maker Karex warns of potential 30% price hikes due to Iran war supply chain disruptions. Crude oil all-time high by April 30 sits at 1% YES. Market reaction The odds of oil surpassing its all-time high stay at 1% even as the Strait of Hormuz closure removes nearly 25% of the world’s oil supply from transit, with traffic down over 95%. Strait of Hormuz traffic normal by May 15 is at 14.5% YES, down from 20% yesterday. Why it matters The April 30 market has $100,828 in face value…

US-Iran ceasefire eases oil price pressure, odds of record high drop

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The US-Iran ceasefire and a global energy pivot have reduced immediate pressure on crude oil prices. The market for crude oil hitting an all-time high by April 30 sits at 1.4% YES, down from 2% a day ago. The truce and US efforts to ensure shipping security through the Strait of Hormuz have eased fears of supply disruptions. The crude oil all-time high market shows low odds for prices exceeding $120/barrel by month-end. Six days remain until resolution, but with the ceasefire in place, traders aren’t betting on a dramatic…

The Crash Is Over? XRP Price About To Hit ‘Significant Bottom’

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XRP has spent the better part of four months grinding sideways inside a narrow range band, far removed from its $3.65 all-time high. But one technical analyst believes this extended decline is running out of road, the decline is nearly done, and XRP is nearing a bottom significant enough to matter for traders. A Tight Range Showing Late-Stage Compression Analyst Protechtor, posting on X, has been monitoring a key support zone on XRP’s daily chart for more than a year. His reading is that the extended selloff from late 2025…

Hyperliquid whale shorts Bitcoin, nets $5.8M as price falls to $77,480

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A Hyperliquid whale shorted Bitcoin at $102,470 and has gained $5.85 million as Bitcoin dropped to $77,480. The trade has traders watching whether Bitcoin could fall to $60,000 by the end of April. Market reaction The short position coincides with geopolitical tensions from the US-Iran conflict, which has added to Bitcoin’s volatility. With Bitcoin at $77,480, more traders are betting on further declines. The market for Bitcoin reaching $60,000 by end of April is drawing interest, though specific odds aren’t available. The whale’s profitable short reflects broader bearish sentiment. Why…