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While Bitcoin (BTC) trades at its lowest levels in months, some market watchers have warned that the leading crypto may be preparing for another major drop as it retests a critical technical area that has historically marked a turning point. Related Reading: Zcash Fixes Critical Orchard Vulnerability As ZEC Holds $600 Support Bitcoin Tags Key 200‑Week SMA After Four Years After falling 15% over the past four days, Bitcoin is attempting to reclaim the $64,000 level as support. The flagship crypto had been trading between $64,000-$82,000 since the early February crash, holding above the upper half of the range for nearly two months. However, this week’s broader volatility pushed BTC toward the range’s lower boundary for the first time in months, reaching a four-month low of $61,383 on Wednesday night. Amid this performance, market observer Rekt Capital highlighted that the cryptocurrency had tagged the 200-week Simple Moving Average (SMA) for the first time in this bear cycle, which may signal that another correction is coming. As he explained, deviation below this SMA has “historically been the key to building out a Bear Market bottom formation.” In June 2022, Bitcoin reached this level during its bear market correction, quickly losing it as support on the weekly timeframe. Following the initial drop below the 200-week SMA, the leading crypto traded sideways, briefly retesting this level before continuing its descent to its late 2022 bear market bottom. Now, BTC has reached this key SMA nearly four years later, suggesting a drop to new lows if the 2022 playbook repeats. The analyst noted that Bitcoin has been rejected from a critical area and has broken a key level, another similarity to past bear market corrections. According to the post, BTC was rejected from the base of the Macro Triangle after failing to break past the $82,500 area, revisited the 50-Month EMA during the recent drop, and is currently breaking down from this EMA, a setup that has repeated each cycle before the market bottom. BTC’s $60,000 Support About To Give In? Rekt Capital pointed out that Bitcoin rallies from the $60,000 region have progressively weakened since 2024, signaling deteriorating support. While the price surged 113% from this area during the mid-2024 rally, the February 2026 retest only generated a 38% move. Now, the cryptocurrency has bounced 4% so far, “but it’s very likely that the rebound from here will be even weaker,” the analyst stated, adding that the “$60,000 area will be completely lost as support over time.” He also stated that during bear markets, Bitcoin tends to form multi-month price clusters, followed by new Macro Lower Highs before distributing from the clusters to reach new lows. “The good news is there are 1-2 such clusters left in this Bitcoin Bear Market, with the Bear Market Bottom being the final cluster,” he concluded. Related Reading: Ethereum Ready For The ‘Final Dip’? Analysts Call For New Lows As Price Retests $1,900 Meanwhile, Ali Martinez affirmed that the recent breakdown from the $72,000 support has left Bitcoin “in a vulnerable position,” as it opens the door for a 25%-30% correction based on the MVRV Pricing Bands. The analyst previously noted that Bitcoin has consistently bottomed between the 1.0 and 0.8 MVRV Pricing Bands over the past decade. Now, the next major area of support is between $54,000 and $50,000, where the 1.0 pricing band is located. Featured Image from Unsplash.com, Chart from TradingView.com

After the latest Ethereum (ETH) pullback, some analysts have pointed to a bearish setup that suggests the leading altcoin could see another correction toward its potential market bottom. Related Reading: Arthur Hayes Bets $100K On Hyperliquid, Says HYPE Will Beat Solana By Year‑End Ethereum Bear Setup Breakdown Spells Trouble On Tuesday, Ethereum saw a 5.5% intraday drop from its daily opening, falling below the $1,900 barrier for the first time since late February. Notably, the King of Altcoins broke down from its five-day range between $1,965-$2,035, reaching a two-month low of $1,880. Amid today’s broader pullback, which also sent Bitcoin (BTC) toward the $67,000 support, market observer Trader Tardigrade affirmed that ETH’s final correction may be around the corner as a key bearish pattern is “repeating perfectly.” The trader pointed out a breakdown from a bear flag formation on the altcoin’s three-day chart. The setup had been forming since the February market crash, with the cryptocurrency breaking out of the pattern’s lower boundary around mid-May, when the price lost the $2,200 area. According to the above chart, this is the second time this pattern has formed since the Q3 2025 highs, with the first setup developing between late 2025 and early 2026, and resulting in the Q1 2026 40% crash. More importantly, Ethereum appears to be repeating the same path as its correction from the Q4 2024-Q1 2025 rally. After topping in late 2024, the cryptocurrency printed two consecutive bear flags, followed by a fresh leg down, before reaching its local bottom and eventually starting a new bullish rally. Now, “the structure is identical. Same breakdown. Same setup,” which suggests that “the final dip” toward the market bottom may be around the corner. “Once this dip completes, we’re headed straight into the next explosive leg up,” the trader stated. Where Is ETH Headed? Analyst Rekt Capital noted that Ethereum closed the month below its multi-year uptrend for the second time in five months. The last time this happened, the altcoin saw a “limited move to the upside” but was quickly rejected from the crucial $2,400 horizontal level. This signals that the rallies stemming from this trendline “are clearly weakening,” with the multi-year uptrend “likely faltering.” According to the analysis, ETH must hold the 2026 lows, around $1,750, or reclaim the uptrend to avoid a deeper correction. Similarly, Ali Martinez named this level a crucial support amid the recent price action. As he explained, Ethereum is approaching the bottom of its four-month horizontal channel, which is near the $1,825 level. To the analyst, “that area could offer a favorable risk-reward entry targeting $2,073 and $2,360, as long as price remains above $1,750 on a daily closing basis.” However, he has previously warned that since the price was rejected from the mid-zone of a multi-year channel and the 200-week Simple Moving Average (SMA), the altcoin risks a deeper correction. Related Reading: The Bitcoin Retracement Rally And The Resistance Level That Could End It All Therefore, if ETH sees a weekly close below the $1,850 area, “downside acceleration becomes highly likely,” with the channel structure pointing to two major downside targets, from a technical perspective. Martinez concluded that the initial retracement would see Ethereum retest the interim structural support around $1,560, while a deeper correction could push the price near the lower boundary of the multi-year range, at $1,070. Featured Image from Unsplash.com, Chart from TradingView.com

As Dogecoin (DOGE)’s price attempts to hold a crucial support level, an analyst flagged potentially bullish technical setups that could set the stage for a major move in the coming months. Related Reading: BitMine Nears 4.5% Ethereum Supply Share Following $238M Buy Dogecoin Historical Setup Targets Massive Expansion On Wednesday, Dogecoin continued its sideways trajectory between the $0.100-$0.105 local range. The cryptocurrency has been trading within this area for the past four days, after recovering from its one-month low of $0.097 recorded on Saturday. Amid this performance, market observer Trader Tardigrade shared a bullish outlook for the cryptocurrency, analyzing DOGE’s chart on multiple timeframes. He pointed out a “textbook” falling wedge setup on the daily timeframe, which has been forming since early May. The analyst asserted that this pattern is “one of the most reliable bullish reversal patterns,” with the breakouts “almost always lead[ing] to explosive upside.” Dogecoin has been compressing inside this pattern for a couple of weeks, and it’s currently sitting near its apex, while also retesting the formation’s upper boundary. Based on this, the analyst suggested that DOGE is “coiled and ready” for a breakout and potential rally to at least the May highs. Trader Tardigrade also shared the memecoin’s monthly chart, affirming that “a massive surge is coming.” He asserted that Dogecoin appears to be repeating a setup that has previously led to explosive performances. According to the chart, the cryptocurrency is forming a new solid base structure, suggesting that a breakout and rally toward new highs could begin in the coming months. Notably, this structure previously formed ahead of the 2017 and 2021 all-time high (ATH) rallies. As the new multi-year base develops, the analyst stated that DOGE is in “the best accumulation period, adding that “every single time DOGE entered an accumulation zone, it consolidated sideways before exploding into a parabolic rally.” He asserted that this pattern has appeared in 2015-2017, 2019-2020, 2023-2024, and “always leads to an explosion.” DOGE’s Short-Term Fate On The Line In an X post, market watcher Ali Martinez affirmed that Dogecoin “looks ready for a deeper price correction.” As he noted, the cryptocurrency has been trading between $0.088 and $0.115 over the past three months, forming a parallel channel. During the April-May market rally, the leading memecoin was able to climb from the channel’s lower half toward its upper boundary, briefly breaking above this crucial resistance in mid-May before retracing. Following the latest rejection, the cryptocurrency dropped to the channel’s mid-range around $0.102, falling below this level during last week’s pullback. This area aligns with the 50-day Simple Moving Average (SMA), which has served as a key support during the recent market recovery. Related Reading: Bitcoin At A Crossroads: Two Key Levels Will Define BTC’s Next Major Move, Analyst Says Therefore, the analyst highlighted the importance of this level, asserting that if it holds, investors could expect a rebound toward the top of the channel. On the contrary, he warned that if Dogecoin falls below this level, a retest of the channel’s lower boundary would be likely. As of this writing, DOGE is trading at $0.101, a 2.4% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Bitcoin (BTC) sits at a technical crossroads after losing a crucial support level, leading some market observers to suggest that this week’s price will be decisive for whether the flagship crypto can reclaim upside momentum or extend its recent losses. Related Reading: Trillion-Dollar Italian Bank Moves To XRP, But How Much Have They Bought? Bitcoin 21W EMA Retest To Be Decisive After closing the week at around $77,450, Bitcoin started the new week falling to a new local low of $76,050. The cryptocurrency had been trading between $76,300 and $82,500 throughout its May rally, failing to break out of the crucial resistance despite multiple attempts. In a Monday analysis, market observer Rekt Capital noted that Sunday’s drop saw BTC close below the key 21-Week Exponential Moving Average (EMA), around the $78,000 area, after successfully retesting this level as support for multiple consecutive weeks. The analyst explained that this performance “shows how lackluster the buy-side strength has been at the 21-Week EMA support, producing a limited rally even after multiple successful retests.” It also means the price is positioned for a bearish retest of this level, with any future short-term relief rally potentially turning the EMA into resistance. He highlighted that a rebound is likely as Bitcoin has now formed a new weekly CME Gap around that area. Therefore, the potential relief rally would turn the 21-Week EMA into new resistance and would also serve the newly formed CME Gap. “It would turn the old CME Gap area into new resistance; after all, the previous CME Gap served as a Range which has technically been lost given the Weekly Close below the old CME Gap bottom,” the market observer added. Rekt Capital emphasized that this week is critical for reversing the bearish sentiment, with Bitcoin needing to close above the EMA and at least within the CME Gaps to reclaim its bullish momentum. BTC Faces ‘Cascading Dumping’ Pattern Meanwhile, analyst Easy On Chain affirmed that the Bitcoin sell-off may not be over yet, as it is not facing a simple short-term correction, but a “structurally driven crisis fueled by cascading leverage liquidations and deep spot-market fear.” Based on CryptoQuant data, he highlighted a “clear cascading dumping” pattern in which capitulation from Bitcoin long-term holders triggers panic selling among short-term investors. The data shows that long-term holders who bought 6 to 12 months ago have an average realized entry of around $110,851, meaning many entered deep unrealized losses territory after the recent collapse. Since Thursday, on-chain flows reveal heavy exchange inflows from these holders, with the Spent Output Age Bands (SOAB) ratio for 6–12 month coins surging to 10.54%, far from the normal 1% level. Historically, this has led to large-scale capitulation, increasing spot-market selling pressure that ultimately spreads to short-term investors. Related Reading: Bitcoin Price Extends Decline, Downside Pressure Builds Aggressively In addition, ultra-short-term supplies, which account for roughly 80% of exchange inflows, are currently being dumped at a loss below the critical break-even point (1.0), indicating that most short-term inflows are not profit-taking, but loss-cutting driven by fear. “The current decline is therefore an internally driven market crisis caused by derivative liquidations, large-scale long-term holder capitulation, and cascading panic from short-term participants,” he concluded, affirming that “until this toxic supply is fully absorbed and sentiment stabilizes, a rapid V-shaped recovery remains unlikely,” and investors should avoid aggressive dip-buying. Featured Image from Unsplash.com, Chart from TradingView.com

After being rejected from the $1.55 barrier on Thursday, XRP dropped nearly 8%, continuing its consolidation below this crucial resistance. Amid this performance, a market watcher highlighted a multi-year pattern that could push the price toward new highs. Related Reading: Ethereum TD Sequential Flashes Sell Signal – Is A New 50% Corrective Phase Starting? XRP Multi-Year Pattern Takes Shape On Friday, market observer ChartNerd shared a long-term perspective on the XRP price, based on a multi-year formation with “significant macro future upside potential waiting ahead.” In an X post, the analyst highlighted a Cup and Handle pattern, which has been forming since 2018. The chart below shows that the pattern completed the cup during its mid-2025 rally and has been forming the handle since the altcoin reached its latest all-time high (ATH). Based on this, he suggested that XRP “may seek a Gaussian Channel retest to mark a periodic bottom,” as the indicator has been a strong confluence area over the past nine years. Notably, the cryptocurrency has seen three similar retests within the cup, and also marked the cycle low in 2017. Now, the $0.70-$0.90 area may also mark the handle’s bottom, where the 0.50 FIB level awaits in the same territory as support. The market watcher has previously explained that a rejection from the $1.60-$1.80 area is likely and will potentially send XPP toward a cycle bottom of $0.70 later in the year, as it marks a prior level of macro resistance that hasn’t been retested yet. Nonetheless, he affirmed that, regardless of where the macro low is marked, “future FIB extensions await above targeting $8,” with two potential double-digit targets sitting around the $13 and $27 marks. 2,000% Expansion Ahead? ChartNerd also noted that the potential handle bottom of the Cup and Handle formation aligns with a key multi-year retest inside a fractal. For context, XRP appears to be repeating a setup that led to its massive 68,000% expansion during the 2017-2018 rally. Ahead of its 2027 breakout, the cryptocurrency retested its multi-year ascending support three times, experiencing significant advances followed by strong corrections inside descending channels. Since 2020, the altcoin has been developing the same pre-breakout setup, when XRP reached its bear market bottom and created an ascending support level that has held for roughly six years. Related Reading: DEF Warns ‘Anti‑DeFi’ Amendments To CLARITY Act Could Threaten Users, Developer Protections After two retests of the crucial support, the cryptocurrency appears to be developing the same descending channel, which could lead to a third retest of the ascending trendline, and an eventual 2,000% multi-month rally toward a new double-digit high. “If XRP respects this pattern into late 2026, this is where we could potentially create the third retest, which is what we saw in the early cycles before the expansion in 2017,” the analyst previously stated. As of this writing, XRP trades at $1.43, a 6% decline on the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

A crypto market analyst has suggested that XRP appears to be forming “one of its most significant multi-year structural patterns to date,” which could lead the altcoin to a rally similar to its 2017 expansion. Related Reading: Ethereum Poised For $140% Rally If This Resistance Flips – Analyst Calls Breakout Inevitable XRP Eyes 2017-Like Expansion On Thursday, market observer ChartNerd stated that XRP appears to be repeating a setup that may surpass the scale of the 2017 pre-breakout formation, which led to a massive 68,000% expansion during that cycle. In a video, the analyst explained that the altcoin has been developing since 2020, when the price saw its bear market bottom and created an ascending support level that held for nearly six years. Since then, XRP has resembled its pre-2017 performance, where the cryptocurrency experiences significant advances after retesting its ascending support, followed by sharp corrections within descending channels. As the chart shows, the altcoin recorded a 10x move between 2020 and 2021, which was followed by the 2022 bear market. After bottoming, XRP saw another 2x rally before retesting the trendline for the first time. The price then rallied another 6-7x between late 2024 and mid-2025, leading to the July all-time high (ATH) of $3,65.  Now, the cryptocurrency is developing a similar corrective pattern to the previous two retests of the ascending support, which could suggest the potential for 1,992% rally to a double-digit target upon confirmation. “If XRP respects this pattern into late 2026, this is where we could potentially create the third retest, which is what we saw in the early cycles before the expansion in 2017,” the analyst asserted. He also added that “if we are repeating this sort of multi-year cycle from before, just on a larger scale here, then this could be one of the largest structural phases where XRP is building a base and waiting for the leg up.” Consolidation Until Late May? ChardNerd also shared a short-term outlook for XRP based on its performance over the past 11 weeks. He noted that on the daily timeframe, the altcoin is still hovering between major descending resistance and ascending support levels, forming a triangle pattern. So, you can see, since we actually formed the base back here in February, we worked down to $1.11, created the resistance, which came back to create this ascending level of support roughly at $1.28. Then we’ve seen this break up to sort of $1.50, and we’ve now pulled back to the support line once again. Taking this into consideration, alongside the fact that its RSI levels are oversold on the daily timeframe, the analyst believes that XRP could be building a base near the ascending support before attempting to retest the descending resistance. Related Reading: Bitcoin Faces ‘Most Critical Week In Months’ Amid $76,000 Retest – Should Investors Worry? Nonetheless, he observed that “because we’re converging in this range and it’s been about 8 to 9, maybe 10 weeks of range-bound price action, it would be likely that we still see this compression” squeeze into the pattern’s apex until at least mid-May, when the price is expected to see a directional breakout from the formation. Ultimately, the market observer suggested that “as long as we respect the trend line and continue to defend ascending support (…), it’s looking for a retest back towards sort of $1.50 in the short term.” Featured Image from Unsplash.com, Chart from TradingView.com

While Ethereum (ETH) is at a pivotal crossroads, some analysts suggest that a reclaim of a key resistance could open the door to a massive breakout. However, others have raised questions about the altcoin’s next move amid the recent market volatility and weak signals. Related Reading: Bitcoin Faces ‘Most Critical Week In Months’ Amid $76,000 Retest – Should Investors Worry? Ethereum Breakout: ‘A Matter Of When’ Ethereum has found a new price range after turning the $2,250 level into support during the April market recovery. The cryptocurrency has been trading between the $2,250-$2,400 levels over the past few weeks, reaching a three-month high of $2,465 on April 17. In an X post, analyst Michaël van de Poppe highlighted ETH’s recent performance, asserting that its upward price pattern held, despite the price being rejected from the $2,400 resistance, a key psychological and technical barrier that has stopped prior rallies. As he explained, “Structure remains intact, and multiple resistance tests have failed to break through, suggesting a breakout is looming.” To him, a breakout from the local resistance area is “a matter of when (…) and not if.” The analyst recently stated that the King of Altcoins could be “about to follow Bitcoin in the path upwards,” which would open the gate for a retest of the next crucial resistance around the $2,700 area. Meanwhile, market observer Ali Martinez shared an analysis based on the MVRV pricing bands, noting that Ethereum has been attempting to reclaim its Realized Price, currently at $2,335, as support. He explained that successfully turning this level into a support floor is a “standard technical prerequisite” for a sustained rally, and reclaiming the cost basis has historically helped build the momentum to reach the 2.4MVRV pricing band at the $5,600 mark. According to the post, ETH needs continuation of the strength seen during the early April recovery rally to reclaim its Realized Price and open the gates to a 140% rally over time. “If ETH can claim this $2,335 level and establish it as a support floor, it creates the structural conditions to target that upper $5,600 band,” he affirmed. ETH Weakness Risks 17% Correction On Wednesday morning, Ethereum attempted to recover from the start-of-the-week price drop and reclaim the $2,300 area. Amid this performance, Crypto Batman highlighted that ETH had broken down from a two-week pennant pattern after losing the $2,320 support line, suggesting that the short-term trend had shifted bearish. The analyst cautioned that failing to reclaim the bullish trendline and the bearish FVG would open the door for lower levels. Similarly, Ted Pillows warned that Ethereum has shown weakness amid the current rally, highlighting that it needs to reclaim the $2,400 area for a strong continuation. On the contrary, failure to reclaim this level risks turning the current pump into exit liquidity, he affirmed, potentially triggering another sharp pullback. The market watcher also stated that ETH could see a considerable decline over the next few days due to Wednesday’s FOMC meeting. Related Reading: Bitcoin Set For $88,000? Analysts Forecast May Breakout After Key Weekly Close Notably, the King of Altcoins has retraced after each meeting since October 2025, dropping 17% to 42% in the following days. After today’s meeting, the altcoin fell to a two-week low of $2,220, recording a 5% intraday drop before slightly recovering. If history repeats itself, Ethereum could lose the $2,200 support and potentially target the $2,000 psychological barrier for the first time in a month. Featured Image from Unsplash.com, Chart from TradingView.com

Some crypto analysts have affirmed that Ethereum (ETH) is facing a pivotal moment as it retests a major resistance barrier that could make or break the King of Altcoin’s recovery dreams. Related Reading: Dogecoin ‘Launchpad’ Ready? Analysts Forecast Big DOGE Price Move Amid Volume Spike Ethereum $2,400 Retest: Breakout or Fakeout? On Wednesday, Ethereum jumped 3.6% to retest a crucial resistance area for the third time this month, as the cryptocurrency attempts to recover from recent market jitters fueled by the US-Iran conflict. The cryptocurrency has been hovering between $1,800-$2,450 since the early February market crash, attempting to break out of this range on multiple occasions but ultimately failing. Amid the recent market recovery, ETH has surged 15% from April’s lows and sustained the upper half of its local range for the first time in three months. Now, it is trying to reclaim the crucial $2,400-$2,500 resistance area before potentially climbing to higher levels. Multiple crypto market observers noted that Ethereum has been pushing toward a breakout over the past week, reaching a three-month high of $2,464 last Friday and testing the $2,425 level today. Analyst Crypto Rand emphasized the importance of reclaiming this region for ETH’s price, affirming that consolidation above this area would “trigger a major bullish reversal” for the cryptocurrency. Similarly, Daan Crypto Trades pointed out that after today’s performance, the King of Altcoins is near its bull market band and the weekly 200 Moving Average (MA), currently at $2,450. This level was lost as support in mid-January, and a weekly close above it could open the door to a retest of the weekly 200 Exponential Moving Average (EMA), located around the $2,560 mark. On the contrary, analyst Ted Pillows shared a bearish perspective, affirming that although the price is surging, Ethereum’s spot demand “is stagnant,” which signals that the recent rally is not supported by steady spot accumulation. “Ethereum could have a liquidity grab above the $2,400-$2,450 level similar to Jan 2026,” he explained, when the price retested the $3,400 area before crashing. Traders Eye $2,900 And Beyond Despite the concerns of another correction, analyst Ali Martinez recently noted that ETH’s SuperTrend, used to identify the current market trend, flipped bullish for the first time in over a year. Per the post, the SuperTrend showed a Buy signal for the first time since the first half of 2025, suggesting the end of the current downtrend. The analyst also affirmed that if the cryptocurrency clears the $2,385 level, it could open the path to the $2,900 area. This level marks the X-axis of ETH’s three-month ascending triangle, and turning it into support would neutralize recent sell signals and confirm a major trend continuation. “With the overhead supply cleared, the technical objective for this formation is now $2,900. As long as we hold above the breakout zone, the momentum remains firmly with the bulls,” he wrote. Related Reading: Crypto Community Slams LayerZero: More Verifiers Won’t Stop The Next $290M Hack Meanwhile, Trader Tardigrade shared a macro perspective on Ethereum based on a two-year ascending channel. According to the post, the cryptocurrency retested and confirmed the channel’s lower boundary as support in the weekly timeframe during the recent market correction, pushing back into the channel over the past four weeks. “If this level holds, $6,000 is the mid-2026 target based on the channel structure,” he suggested, concluding that “Bullish momentum building.” Featured Image from Unsplash.com, Chart from TradingView.com

As Dogecoin (DOGE) consolidates below a key area, some analysts suggest that the market’s recent bullish momentum and whale accumulation could push the memecoin’s price above a crucial resistan level soon. Related Reading: Crypto Community Slams LayerZero: More Verifiers Won’t Stop The Next $290M Hack Dogecoin Big Price Move Faces Strong Resistance On Tuesday, Dogecoin continued to move sideways between the $0.093-$0.096 price range after failing to break above a crucial resistance level. Amid last week’s market pump, the leading memecoin broke out of the $0.096 barrier for the first time in two weeks, briefly touching the $0.10-$0.102 resistance on Friday. Market analyst Ali Martinez suggested that DOGE is preparing for a big price move, fueled by bullish momentum and whale accumulation. Notably, the memecoin recently saw one of its highest transaction volumes of the month and one of its highest volume spikes Year-to-Date (YTD), with over $800 million transacted on April 16. In addition, large holders have accumulated over $330 million in Dogecoin over the past week, signaling key demand and confidence in the largest memecoin by market capitalization. Nonetheless, Martinez also analyzed DOGE’s technical structure, noting that cryptocurrency has been consolidating within a horizontal channel since the late-January, early-February market crash. Per the chart, the channel’s mid-range mark, around the $0.10 level, has been a strong resistance barrier over the past three months, with Dogecoin failing to reclaim it despite multiple attempts. To the analyst, only a sustained close above $0.10 could push the memecoin toward the local range highs and open the door to a retest of the upper resistance at $0.12, a level untested since mid-February. DOGE’s Macro Chart Eyes Parabolic Run In a series of X posts, Market observer Trader Tardigrade stated that Dogecoin is “showing strong signs” that its downtrend is losing momentum, pointing out that selling pressure appears to be fading.  As he explained, DOGE has recently flashed Bullish Divergence two times, with the indicators refusing to go down despite the price continuing to print lower lows. “That’s a sign the selling force is fading and a shift from downtrend to uptrend could be around the corner,” the trader said. He also shared a macro outlook, affirming that Dogecoin’s launchpad, the setup before a massive surge, is “in place.” According to the chart, this setup formed between 2016 and 2017 and led to a massive rally toward its 2018 all-time high (ATH) of $0.175. “A breakout move toward the moon looks next. Momentum is building,” Trader Tardigrade suggested, adding that “a surge in volume could ignite the next leg higher.” Related Reading: A Stark XRP Price Call: Why One Analyst Says It Could Be Under $1 By 2031 Analyst Bitcoinsensus also shared a macro cycle outlook, stating that Dogecoin continues to trade within a large multi-cycle structure. The market watcher affirmed that the cryptocurrency’s current setup resembles DOGE’s previous macro consolidations. The chart shows that after retracing from previous highs, the cryptocurrency recorded a long consolidation, followed by a parabolic run to new highs, with these breakouts leading to 60x and 215x gains. “The broader formation keeps Cycle 3 in focus, while the market watches to see whether this phase develops like the earlier ones,” Bitcoinsensus stated. Featured Image from Unsplash.com, Chart from TradingView.com

As Bitcoin (BTC) attempts to hold the $74,000-$75,000 area, an analyst suggested that the flagship crypto could see another 10% rally toward a key area, but warned that this level could be the ceiling. Related Reading: BNB Chain’s RWA Value Tops $3.5 Billion As Global Ecosystem Grows Bitcoin Double Bottom Breakout Targets Key Level In a Wednesday analysis, crypto analyst Rekt Capital shared an outlook for Bitcoin’s potential rally, as it holds the $73,000-$74,000 area as support for the first time in a month. The analyst highlighted that BTC’s price continues to move between its 2021 and 2024 all-time highs (ATHs), which have been a major resistance area since the early February correction. After the recent market rally, the flagship crypto retested the 2021 ATH as a new support level on the weekly timeframe, but ultimately rejected from the 2024 ATH during last week’s close. According to the analyst, if Bitcoin can weekly close above the 2024 ATH, located around $74,000, then the price could move into the high $70,000. “Until that confirmation, however, price will continue to be sandwiched between 2021 and 2024 old All Time Highs,” he added. Rekt Capital also noted that BTC has formed a double bottom pattern in the weekly timeframe, and is “now pressing beyond the resistance” of the formation. As he explained, the cryptocurrency would need a weekly close and a post-breakout retest of the top of the double bottom, around $72,810, to confirm a breakout. If it confirms a breakout from this formation, the price could rally toward the $81,000-$82,500 area in a Measured Move. Nonetheless, the analyst warned that, given the phase of the market cycle we are currently in, the price will likely develop a macro market structure that “will appear sufficiently bullish only to ultimately fail over time.” “The failure could occur by virtue of rejecting from the Double Bottom resistance, by failed post-breakout retest to register a fake-breakout, or by falling short of a Measured Move once the breakout is confirmed.” BTC Resembles 2014 Breakdown Rekt Capital also analyzed BTC’s historical behavior to assess the ongoing rally’s potential failure. The analyst noted that whenever Bitcoin has broken down from its macro triangle formation, the price usually retraces until it forms a bear market bottom. However, the way the cryptocurrency does that has differed from cycle to cycle, he detailed. In 2018 and 2022, the breakdown led to a very quick bearish acceleration toward the bear market bottom accumulation period. On the contrary, Bitcoin consolidated below the triangle base in 2014, retested it, and saw another leg down. This time, BTC’s performance resembles its 2014 breakdown, as it has been consolidating behind the triangle base after losing it in January. To the analyst, if the cryptocurrency continues to mirror its 2014 performance, the price could consolidate a bit longer, potentially rally to the base at $82,500, before rejecting. “Furthermore, Bitcoin tends to build major consolidation periods on breakdowns from Macro Triangles. In 2018 and 2022, these major consolidation periods developed at Bear Market bottoms,” Rekt Capital explained. Related Reading: Bitmine’s Ethereum Holdings Hits 4% Supply Milestone After 71,524 ETH Buy “Whereas in 2014, Bitcoin built two such periods: just beneath the Macro Triangle it broke down from, and then later at its respective Bear Market Bottom,” he continued. The analyst concluded that if history repeats, BTC’s current consolidation could precede additional downside, and another major consolidation period could develop during the bear market bottom. Featured Image from Unsplash.com, Chart from TradingView.com

While Ethereum (ETH) retests a key level for the first time this month, some market watchers have advised caution, warning that the start of a new bull run may not be here yet. Related Reading: XRP Leads Crypto Funds $224M Rebound With Largest Weekly Inflows Since December No Ethereum Party Until This happens After jumping nearly 10%, Ethereum is attempting to reclaim a crucial area that has served as a major resistance zone since the early February crash. Over the past two months, the King of Altcoins has been trading sideways, hovering between the $1,800-$2,200 levels. As the altcoin breaks past the $2,150-$2,200 area, some market observers cautioned investors not to celebrate yet, arguing that ETH has failed to hold this level despite multiple retests during this period. Analyst Ted Pillows affirmed that as long as Ethereum holds above the $2,200 level, it could make a move towards last month’s top, around the $2,400 area, but warned investors not to “mistake it for the start of a bull run,” suggesting that new lows will come between Q2 and Q3 2026. Similarly, market watcher Crypto Scient advised investors not to “confuse positioning with guessing,” explaining that the cryptocurrency hasn’t broken out of its macro downtrend, which began last October. According to the chart, Ethereum is currently near the macro trend resistance while still respecting a Lower High (LH) structure. To him, this is “where most people front-run and get chopped.” Scient argued that even if the bottom is on and ETH’s bull run has begun, “the money won’t be made under this trend. It will be made once the price is above it.” Nonetheless, the price needs to break above the trend, flip it into support, and show acceptance above it before investors can call a true reversal. “Until that happens, this is just another retest in a downtrend,” he asserted. Key Levels To Watch Ali Martinez shared “the ultimate accumulation zones” for Ethereum, outlining some potential scenarios for its price. In the first case, the cryptocurrency could be trading in a multi-year ascending triangle, with the $1,800 level being the “line in the sand.” As he explained, this price point serves as the triangle’s hypotenuse and, if it holds, could trigger a rally toward the $4,900 x-axis. This level also aligns “almost perfectly” with the 0.80 MVRV Pricing Band, located around the $1,880 area. The 0.80 band “has been a reliable indicator of cycle bottoms,” as it has historically marked where sellers exhaust themselves, and “Strong Hands” take over, Martinez highlighted. Meanwhile, in the second scenario, Ethereum could be moving within a parallel channel, risking another 30%-50% correction toward the channel lows between $1,150-$1,170. Martinez emphasized that the UTXO Realized Price Distribution (URPD) reveals massive clusters of ETH were bought between $2,079 and $1,882. The URPD also shows that below $1,880, the most significant buy-walls sit at $1,584, $1,238, and $1,089, meaning that if the February lows are lost, the price would visit those levels. Related Reading: Bitcoin Next Big Move In Mid-April? Analyst Explains Why ‘Decision Time’ Could Be Near “While accumulation happens in the $1,000s, the ‘Start Engine’ for the next major rally is the Realized Price at $2,500,” the analyst noted, adding that whenever Ethereum reclaims its Realized Price, it has historically signified that the average holder is back in profit and the “cooling period” has finalized. “A clean break and hold above $2,500 is my primary trigger for the beginning of a new macro bull rally,” Martinez concluded. Featured Image from Unsplash.com, Chart from TradingView.com

As we approach the end of 2026’s first quarter, a crypto market watcher has shared a bearish outlook for XRP, warning that the altcoin’s correction may not be over yet, and it risks a deeper pullback in the next few months. Related Reading: Bitcoin ‘Absolute Bottom’ Next? Analyst Says BTC’s Final Shakeout Is Near XRP Risks 60% Correction In Second Quarter On Tuesday, XRP continued to move sideways, hovering between $1.30 and $1.35 for the fifth consecutive day. The cryptocurrency has been trading between two crucial levels, $1.21 and $1.55, for nearly two months. Markey observer More Crypto Online highlighted that since the early February correction, there hasn’t been any major price action, as the altcoin has been unable to break out of its local range. However, he noted that XRP has held the lower boundary of this key range, despite market volatility, adding that it is a crucial support zone and decision area for the cryptocurrency. According to the analysis, the next significant move will define the structure and “determine whether a more bullish scenario remains valid or a deeper correction unfolds.” He explained that XRP’s current structure suggests a more bearish scenario is likely short- to mid-term, with a “more complex ABC structure” potentially unfolding unless the market “really starts an impulse rally.” In this scenario, the cryptocurrency may bounce into a crucial resistance area, between $1.76 and $2.86, for its B wave in the coming weeks before the price continues to retrace to lower levels for Wave C. This key resistance area requires close attention, the analyst asserted, as there is a possibility of a bounce into it if the February lows hold. He concluded that “If it’s a corrective move up, which currently would be the expectation, (…) in Q2 we may see a bit of a bounce, (…) and then maybe in late Q2 or early Q3, we could see that C wave down.” Per the chart, this correction could situate XRP’s bottom between the $0.98 and $0.48 levels, which would represent a 30% to 60% pullback from the current levels. Early Q2 Relief Rally Coming? Meanwhile, Chard Nerd shared a similar outlook, affirming that XRP may rally to $1.80-$2.00 in the coming months. The analyst has explained that the altcoin could see a relief rally between April and May, which could mark a very critical inflection point, based on its previous performances. Notably, after peaking in previous cycles, the altcoin has fallen to retest the 200-week Exponential Moving Average (EMA), before seeing a relief rally toward the 20 and 50 EMAs. This has been followed by a rejection and a drop to its bear market lows. Related Reading: Crypto CEO Sounds Warning: If Bitcoin Price Falls Below This Level, The Bear Market Will Worsen The market observer shared that he had expected the relief rally to occur sooner, but noted that the cryptocurrency has been consolidating around its 200 EMA for weeks. This could signal that the retest of this indicator may last longer than in the previous cycle and that the 20 and 50 EMA retests could unfold later. “XRP is hovering around the 200-week EMA. There have been major relief rallies we’ve seen in the past, which means we could get that, but it likely will be followed by another low later in the year (…) between that $0.90 to $0.70 region. (…) This is where we’re trying to get to before continued expansion,” he concluded. Featured Image from Unsplash.com, Chart from TradingView.com

As Bitcoin (BTC) retests a crucial level after breaking down of a bearish pattern, an analyst has suggested that the flagship crypto’s final correction before the next bull market could start in the coming days. Related Reading: Ethereum Could Hit $40,000 And Beat Bitcoin, Standard Chartered Says Start Of ‘Final Washout’ Is Days Away In a Monday analysis, market observer Ali Martinez affirmed that Bitcoin’s final leg down before the next bull run could be around the corner based on the flagship crypto’s past cycle’s behavior. The analyst explained that historically, the crossover between BTC’s 50 and 200 Simple Moving Averages (SMAs) has marked the “‘absolute bottom’ of every major cycle since 2014.” Over the past 12 years, whenever these two lines crossed on the three-day chart, it has consistently signaled the start of the “final washout” before the next bull market begins. In 2014, 2018, and 2022, Bitcoin had already declined by 50%-72% from its cycle peaks when the 50- and 200-SMAs crossed. 23-33 days after the crossover, the cryptocurrency continued its correction, retracing another 45%-52% before bottoming. In 2022, “another lower low formed 156 days later, completing the bear structure and opening the door for the next bull market.” Now, Bitcoin has already seen a 52% correction from its October 2025 peak, while the SMAs crossed over on February 27. “As of today, we are exactly 30 days into this signal,” the analyst detailed, adding that “If history ‘rhymes,’ we are likely entering the Final Accumulation Window of this cycle within the next 3 to 6 days.” Martinez noted that while the final leg down could be intimidating, history has shown that the crossover is the “Golden Opportunity” for long-term investors. Based on its 40%-50% “resets,” the analyst suggested two main accumulation zones: the $40,000 and $30,000 levels. Structurally, this setup has historically aligned with the last major downside move before a generational macro bottom forms. (…) The countdown to the next vertical move has begun. Bitcoin Bear Flag Breakdown Confirmed? After closing the week around the $66,000 mark, Bitcoin has surged to the $67,000-$68,000 area to retest a crucial level from below. The flagship crypto has been trading between $62,000-$74,000 for nearly two months, developing a bearish formation during this period. Notably, BTC has formed a bearish flag pattern on the daily timeframe, retesting the formation’s lower and upper boundaries multiple times since early February. Following last week’s correction, the cryptocurrency retraced over 10% from its recent highs to a four-week low of $65,000 on Sunday. Related Reading: The Last Time Bitcoin Sentiment Was This Bad Was 2022, But There Was A Silver Lining Amid this performance, Bitcoin lost the lower boundary of its bear flag formation, risking a second leg down toward lower levels. Analyst Crypto Jelle noted that the cryptocurrency is currently retesting the formation from below after today’s bounce, which could confirm that the pattern’s support has turned into resistance if BTC price is rejected. In addition, the market watcher pointed out that the cryptocurrency’s bear market lows have historically formed below the Fibonacci 0.618 retracement levels, which could place BTC’s bottom below the $57,000 area. “Is this time different? Doubt it,” Jelle concluded. Featured Image from Unsplash.com, Chart from TradingView.com

The latest Bitcoin (BTC) price drop has raised concerns about the cryptocurrency’s upcoming performance, with some analysts warning that BTC’s next key closes could signal the start of another major correction. Related Reading: Dogecoin Bottom Not In? Analyst Warns DOGE’s Macro Downtrend Won’t Be Over Soon Bitcoin Risks Another Major Crash On Friday, Bitcoin plunged over 7% intraday to a three-week low of $65,700, raising concerns about the flagship crypto’s short- to mid-term performance. The cryptocurrency has been trading between the $65,000-$72,000 levels since the early February crash. After its latest drop, analyst Altcoin Sherpa noted that holding the current levels is crucial, as losing this boundary could quickly send BTC’s price 6%-10% down to the next support area, around $60,000-$62,000. Several market observers also warned that the cryptocurrency is currently breaking down a crucial bearish formation, which could also trigger a massive crash to newer lows if the price doesn’t bounce soon. Notably, Bitcoin has been forming a bear flag pattern on the daily timeframe for nearly two months, retesting the formation’s lower boundary on multiple occasions. However, BTC now risks losing this level as support, as it shows multiple concerning signs. Ted Pillows asserted on X that Bitcoin is not only dropping in price but also losing momentum as it has lost its RSI uptrend. “A major sign of weakness,” he added. The analyst also emphasized that BTC’s breakdown “is only a matter of when, not if,” cautioning that the flagship cryptocurrency has already broken down of a similar two-month bear flag pattern at the start of the year. Meanwhile, Ali Martinez suggested that BTC could drop another 30%-45% based on its historical performance over the past decade. As he explained, Bitcoin has kicked off new bull runs after dropping below its long-term holder realized price, and it’s −0.2 standard deviation band, located at the $48,387 and $36,657 levels, respectively. “I’ll be watching these zones for dip-buying opportunities ahead of the next bull cycle,” he stated. All Eyes On BTC’s Weekly Close Analyst Rekt Capital highlighted another concerning sign for Bitcoin, noting that BTC has once again dropped below the 200-week Exponential Moving Average (EMA). Amid this drop, the cryptocurrency is treating this level as resistance once more, putting the focus on the upcoming weekly close. The analyst previously explained that “If the 200-week EMA is lost as support this week and price Weekly Closes below it again, Bitcoin could actually turn the EMA into new resistance.” Last week, the largest crypto by market capitalization technically closed below the 200W EMA after attempting to “post-breakout retest” it as support, but failing to end the week above the $68,000 area. “That means that price technically kickstarted a breakdown from the EMA,” and a weekly close below this level would confirm it. Related Reading: Bitwise CIO Projects Circle To Hit $75B Valuation By 2030 Despite Selloff, Clarity Act Concerns “Given this latest Weekly Close, there is therefore scope for another dip into the 200-week EMA for another retest to see if BTC can solidify a reclaim into support,” he detailed, “But the overall suspicion has become confirmed: The 200-week EMA is acting as both an unreliable resistance and an unreliable support, never truly confirming a clear role.” The analyst concluded that the indecisiveness could lead to further retests of this area “before ultimately breaking down into additional Macro Downside over time.” As of this writing, Bitcoin trades at $65,600, a 6% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

As Dogecoin (DOGE) retests a key multi-year support, some analysts predict a bearish outlook for the largest memecoin by market capitalization, warning that its bottom may not be in yet. Related Reading: Bitwise CIO Projects Circle To Hit $75B Valuation By 2030 Despite Selloff, Clarity Act Concerns Dogecoin Targets Lower Levels On Thursday, Dogecoin erased most of its early-week bounce and retested the $0.090 area once again. Market observer Rekt Capital highlighted DOGE’s recent performance, warning that its price correction may not be over yet. As he explained, the leading memecoin lost its multi-year macro uptrend back in November, when it closed the month below its ascending support that had held since early 2023. Therefore, Dogecoin officially confirmed its macro downtrend, which started developing after its cycle peak of $0.484 during the late 2024 bull run. The analyst noted that historically, the cryptocurrency has not retested the macro downtrend line until the price is ready to break it and post-breakout retest it. Based on this, he warned that the memecoin is “unlikely to test this Macro Downtrend anytime soon.” At the moment, DOGE is sitting at its range low, which is also a key reaction zone that previously acted as resistance before turning into support in 2024. According to Rekt Capital, previous bear market performance suggests that Dogecoin will likely lose the current area as support over time, but noted that the price could see a rebound as part of a range-bound cluster in the meantime. If history is any indicator, then price would likely fall well short of the Macro Downtrend and instead reject from the Range High resistance (red region). Perhaps even upside wicking beyond it, but still falling substantially short of the downtrend itself. The analyst concluded that a short-term relief rally remains possible as long as the current level holds, but cautioned that it may be lost in the coming months before bottoming at significantly lower levels. The Case For DOGE’s Price Despite the bearish forecast, other market watchers have shared a more optimistic outlook for the memecoin. Analyst Trader Tardigrade recently signaled that Dogecoin may have reached its bottom already and could be preparing for its next bull run. Per the chart, the cryptocurrency is retesting a historical support for the third time. This trendline has held for roughly a decade, and its retests have previously preceded major price rallies. The first touch in 2017 led to an explosive rally toward its 2018 $0.017 all-time high (ATH), while the second retest in 2021 was followed by a massive surge toward its current ATH of $0.731. Now, Dogecoin is testing this area again and could begin recovering in the short- to mid-term before a massive price expansion to new highs in the mid- to long-term, if it follows its past performances. Similarly, the analyst has also argued that DOGE’s macro structure remains intact, regardless of short-term price action. Last week, he affirmed that the memecoin’s performance during each of its ATH rallies “tells the same story—because Doge makes its own rules.” Related Reading: Cardano Price At Multi-Year Support That Previously Led To 200% Rally – ADA Recovery Ahead? He highlighted that the cryptocurrency currently resembles its past ATH performances, nearing the end of the falling wedge pattern that has preceded significant price expansion to new highs during previous rallies. As a result, he considers Dogecoin to be at a “prime accumulation window” before it potentially goes to the moon. Featured Image from Unsplash.com, Chart from TradingView.com

As Cardano (ADA) retests a key multi-year level that previously led to significant price increases, some analysts point to on-chain and derivative signals suggesting a potential price recovery for the altcoin. Related Reading: Ethereum Tops $2,100 As BitMine Ramps Up ETH Bet With $137M Purchase Cardano Retests Key Macro Support On Tuesday, Cardano dropped 3% to retest a crucial macro support level. The altcoin has been trading between $0.25-$0.30 since the early February market crash, failing to break out of the range’s upper boundary over the past two months. ADA’s price has retraced to the lower levels of its one-month accumulation zone, hovering between $0.25-$0.27 during recent market volatility. Market observer Ali Martinez pointed out that the cryptocurrency has been retesting a key multi-year level amid this performance. According to the post, Cardano is retesting the $0.25 area, a major support zone since 2022, in the weekly timeframe. This level marked the bottom of the previous bear market and served as a key area at the start of the latest bull run. As Martinez noted, the last two times ADA traded around and held this level, back in 2023, it bounced 85% and 200%. The first bounce led to a retest of the $0.46 area, while the second drove the price toward the $0.80 level between October 2023 and March 2024. The analyst also highlighted that ADA recently printed a buy signal, signaling a potential recovery soon. “The TD Sequential indicator has flashed a ‘black 9’ on the weekly chart, suggesting the recent downtrend has exhausted,” he wrote, adding that this setup typically anticipates one to four weeks of expansion. As a result, ADA could target $0.32-$0.37 by late April if it holds above its current price levels. “We’ve survived the 6-month grind; now we watch for a potential price recovery,” Martinez asserted. ADA Flashes Bottom Signals Adding to the momentum, analytics firm Santiment has underscored multiple on-chain and derivative signals that could indicate a reversal is nearby for Cardano. According to the post, Cardano’s average active wallets have experienced a 43% negative return on their investments over the past year, suggesting a price rebound is more likely than usual. Despite the 71% price decline since September, this extremely negative MVRV value generally indicates that ADA is in an “opportunity” or “buy” zone, Santiment affirmed, further explaining that when average returns are significantly negative, it signals an impending turnaround: On a zero-sum game, when average returns are severely negative, this is an indication of a looming turnaround with coins always averaging 0% on MVRV’s (average trading returns) across any timeframe. So when other traders are in severe pain, key stakeholders and professional traders are intrigued by this due to the lowered risk of buying or adding on to their positions. In addition, the firm stated that Cardano’s funding rate on Binance is experiencing the largest imbalance toward shorts since June 2023, suggesting traders are heavily inclined toward further downside. Related Reading: Bitcoin Holds $70K – Is The High‑Beta Era Over? “Traders are clearly expecting that the #12 market cap will continue to decline in value,” the firm pointed out, noting that “this historically is another bottom signal, as funding rates are always prone to liquidate and send prices in the direction that traders are expecting the least.” Featured Image from Unsplash.com, Chart from TradingView.com

Bitmine has increased its bet on Ethereum (ETH) with a $137 million purchase, as the King of Altcoins reclaims the crucial $2,150 level, and some market observers call for the end of the crypto market correction. Related Reading: Ethereum Whales Return to Profitability as Historical Bottom Signal Reappears Bitmine Adds 65,000 ETH Amid End Of Crypto Winter Calls On Monday, the largest Ethereum treasury in the world, Bitmine, announced it continued to ramp up its bet on the King of Altcoins by purchasing roughly $137 million in ETH last week. In its weekly update, the company reported it acquired 65,341 ETH over the past week, maintaining its “increased pace of ETH buys in each of the past three weeks.” This represents a significant increase in the average 45,000-50,000 ETH acquisitions from prior weeks. Notably, Bitmine’s latest purchase has pushed the company’s total crypto and cash holdings to $11 billion at current prices. As of March 22, the second-largest crypto treasury firm holds 4,660,903 ETH, 196 Bitcoin (BTC), a $200 million stake in Beast Industries, a $95 million stake in Eightco Holdings as part of its “Moonshots” initiative, and unencumbered cash worth $1.1 billion. In addition, it holds 3.86% of ETH’s total supply, and nears its goal to control 5% of the leading altcoin’s 120.7 million supply. Meanwhile, the firm’s total staked ETH stands at 3,142,643, worth $6.5 billion at $2,072 per ETH. Bitmine’s chairman, Tom Lee, highlighted that the company maintained its increasing purchasing pace due to its base case that “ETH is in the final stages of the ‘mini-crypto winter.’” As he noted, “crypto and particularly ETH have outperformed the broader market since the Iran war commenced, with ETH rising 18% and outperforming equities by 2,450bp.” To Lee, this has demonstrated that cryptocurrencies are a “good ‘wartime’ store of value.” He also highlighted the US Congress’s recent progress on the CLARITY Act, affirming that it will be a positive fundamental catalyst for Ethereum and “another reason probabilities favor the crypto winter as being largely behind us.” Ethereum Bullish Momentum Returned? On Monday morning, Ethereum rose alongside the rest of the crypto market after President Donald Trump announced he was postponing planned strikes on Iranian energy power plants for five days. Ethereum surged 8% from the $2,000 psychological level, reclaiming the crucial $2,150 area. Analyst Ali Martinez noted that the King of Altcoin is “showing signs of a major structural shift,” as it has shown the strongest combination of technical support and on-chain signals in months. From a technical perspective, Ethereum is currently trading within a multi-year ascending triangle pattern on the weekly chart. This pattern suggests a potential breakout towards the $10,000 level. As he explained, the recent move toward $1,800 served as “a critical reaction point, aligning with the rising trendline of this multi-year structure.” In addition, on-chain data confirms that the recovery “wasn’t just a random bounce,” with the MVRV ratio recently dropping below 0.8, which historically has been a “generational buy zone.” The fact that this on-chain reset happened exactly as price tested the triangle’s support adds massive weight to the bullish thesis. He also highlighted that the key SuperTrend indicator has flipped from Sell to Buy for the first time since May, suggesting that the extended sideways period is ending, and a new uptrend is beginning. Related Reading: Dogecoin Could 200% Rally If This Floor Holds, Analyst Says Martinez concluded that a sustained move above the $2,350 area would be the first signal that Ethereum is exiting its accumulation range and entering a “true bull market expansion” and that any dips into the $1,800-$2,000 range should be “viewed as an opportunity as long as the $1,800 floor remains intact.” Featured Image from Unsplash.com, Chart from TradingView.com

As XRP attempts to defend a crucial support level, an analyst has called for a 30%-40% rally in the coming weeks, suggesting that the altcoin could see short-term relief before it reaches its “critical inflection point.” Related Reading: Analyst Says Dogecoin At $2 Is ‘Inevitable’ As Elon Musk Revives ‘Dogefather’ Meme XRP Defends Its ‘Lifeline’ On Friday, XRP saw a 2.5% intraday retrace to retest the $1.43 area before bouncing above the crucial $1.40 level. The altcoin has been hovering between $1.34-$1.50 over the past month, recently attempting to break out of the range’s upper boundary. During this week’s market rally, the cryptocurrency surged 15% from the weekend lows, reaching a one-month high of $1.60 on Tuesday. However, broader market volatility has pulled XRP back into its local range, leading the altcoin to retest a crucial area. Analyst ChardNerd affirmed that the altcoin is “currently defending a lifeline as it clings to support” and that he expects continuation to what he believes will be its “critical inflection point” in the coming weeks. XRP has been trading around its 200-Week Exponential Moving Average (EMA), currently at $1.41, with multiple closes below it and a bullish reclaim above this level in the latest weekly candle. As he explained, this is the key guardrail that the cryptocurrency must defend as the end of the week approaches, as it would set the stage for a new retest and potential reclaim of its $1.50 resistance and a relief rally toward two crucial levels above, the 20 EMA and 50 EMA. “So, what I’m trying to say is XRP could potentially have some sort of relief in the coming months, up towards these EMAs, which sit between $1.80 and $2.00. And if it gets this relief, that will mark a very critical inflection point.” He further emphasized that XRP must defend and hold the 200 EMA, as it has reclaimed the critical support level in the weekly timeframe and pushed the price toward its recent local highs. Why An April Rally Is Likely Diving deeper into the potential upcoming relief rally, the analyst observed that in previous cycles, XRP also had a “very interestingly unfolding price action.” He noted that after peaking in 2021, the altcoin fell to the 200 EMA, saw a relief rally toward the 20 and 50 EMA before being rejected and ultimately dropping to its bear market lows. Now, the cryptocurrency has done “exactly what we did in the prior cycle peak in 2021,” significantly retracing from its July 2025 peak and falling back to the 200 EMA. Notably, the altcoin saw around three months of relief after the successful back test, which could signal that “this is where we could see the next sort of few months, if Bitcoin behaves.” Related Reading: Solana Eyes ‘Clear Path’ Towards $115 Amid SEC Guidance, SOL ETFs Demand Moreover, the previous relief rally took place around March 2022, ChardNerd asserted, noting that “It doesn’t have to repeat the exact same way.” If the March relief rally doesn’t retest the $1.80-$2.00 in the next week, the analyst suggested that “there is a possibility that it lasts a bit longer than it did the prior cycle” and continues into April or May. “So, this is why there’s still the potential, I think, to get the push to $2 and then XRP comes back to $0.80 to $0.70,” he concluded. Featured Image from Unsplash.com, Chart from TradingView.com

While some market observers suggest that Dogecoin (DOGE) could be primed for a massive price expansion, Elon Musk revived his popular meme after a long time, reigniting enthusiasm among crypto community members. Related Reading: Solana Eyes ‘Clear Path’ Towards $115 Amid SEC Guidance, SOL ETFs Demand The ‘Dogefather’ Is Back? As investors wondered whether Elon Musk had abandoned Dogecoin, the Tesla CEO and X owner put the memecoin front and center of the crypto conversation after reviving his popular “Dogefather” meme. In a Thursday X post, the tech entrepreneur shared an AI-generated video recreating a famous scene from “The Godfather.” The video, created with Grok Imagine, displays Musk in a black tuxedo as Vito Corleone, the iconic character played by Marlon Brando in the Francis Ford Coppola film. While holding a Shiba Inu dog, the breed that inspired the original Dogecoin meme, the AI version of Musk recited a modified version of the legendary scene: “You come to me on the day of my doge’s wedding, and you ask me for my private key. Are you even a friend? You don’t even think to call me the Dogefather.” The post reignited enthusiasm among crypto community members, several interpreting it as a new sign of support for DOGE. The CEO has long advocated for the oldest memecoin on his social media, often calling himself the “Dogefather.” His doge-inspired posts have historically caused significant fluctuations in the cryptocurrency’s price, although their frequency has decreased over time. Notably, he triggered a massive rally in 2021 when he promoted his Saturday Night Live (SNL) appearance using the “Dogefather” meme. Ahead of the show, the memecoin surged to its all-time high (ATH) of $0.73, but quickly crashed by around 40% amid the broadcast after he called it a “hustle” during a sketch. Dogecoin Macro Structure Signals New Highs Despite the online excitement, DOGE’s price didn’t react to Musk’s acknowledgement this time, with the price remaining mostly flat in the following hours before plunging alongside the rest of the crypto market. An X user noted that “Posts like this used to give us money a few years ago.” However, the memecoin fell from the recently reclaimed $0.10 level, falling to a $0.0918 one-week low on Thursday afternoon. A market observer noted that, regardless of short-term price action, DOGE’s macro structure remains intact, which could signal it’s ready for the next major pump. Trader Tardigrade highlighted memecoin’s performance during each of its ATH rallies in previous cycles and emphasized that every rally it “tells the same story—because Doge makes its own rules.” As the chart above shows, following its previous peak, Dogecoin has moved within a multi-year range, reaching its market bottom before bouncing. During the last stage of its recovery, the memecoin has formed a falling wedge pattern, which has led to a significant price expansion to new highs after breaking out of this crucial formation. Related Reading: BNB Chain Momentum Grows As Total RWA Value Hits $3B Now, DOGE has “just completed the final falling wedge inside the yellow circle, and it looks primed for the next pump into the next circle,” the analyst pointed out. He also stated that the cryptocurrency’s setup shows that the price is in a “prime accumulation window,” concluding that “Doge at $2 is inevitable.” As of this writing, Dogeocin trades at $0.092, a 2.5% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

Amid strong institutional demand and regulatory clarity from US authorities, an analyst has suggested that Solana (SOL) could potentially rally above a crucial psychological barrier for the first time in a month. Related Reading: BNB Chain Momentum Grows As Total RWA Value Hits $3B Clear Skies Ahead For Solana Over the past week, Solana has had a remarkable performance, jumping 22% from March lows and breaking out of its multi-week consolidation range. The cryptocurrency has been hovering between the $77 and $92 levels over the past month and a half, failing to break above the upper zone of this range despite multiple attempts. Following the recent crypto market bounce, the altcoin reached a one-month high of $97 at the start of the week, before dropping to $90 on Wednesday. Amid this performance, analyst Ali Martinez reported that SOL recently flashed a key bullish signal for the first time since January, suggesting a relief rally could be ahead. As he explained, the SuperTrend indicator, which is used to identify the current market trend, has turned bullish on Solana, flipping from Sell to Buy on the daily chart. In addition, the market watcher noted that there’s little resistance until the $100 psychological barrier, signaling a potential breakout to $115. Per the post, the UTXO Realized Price Distribution (URPD) metric shows that “a robust demand floor” was established between $85.55 and $82.60, where 76 million SOL tokens were transacted. “This 38-day accumulation phase has effectively exhausted sell-side liquidity. With no significant supply barriers remaining on the horizontal profile, Solana has a clear path toward the $100 psychological level, followed by the $115 liquidity cluster,” he detailed, adding that the “‘ceiling’ is significantly thinner than the current floor.” Martinez emphasized that if Solana holds the 39-day distribution zone that flipped into a structural floor around the $93 area, a bull rally could happen “much faster than people think.” Institutional Demand, Regulatory Clarity Fuel SOL’s Momentum SOL’s anticipated recovery comes as spot Solana Exchange-Traded Funds (ETFs) record their largest single-day performance in two weeks and their best weekly run since the mid-January market crash. According to SoSoValue data, the category saw $17.81 million in inflows on March 17, its highest single-day net flows since the start of the month, suggesting strong institutional demand. Meanwhile, the SOL-based funds have seen a five-week positive streak despite market volatility, largely fueled by geopolitical tensions. As the report noted, Solana Spot ETFs have cumulative net inflows of $989.3 million amid strong, “just shy of the $1B milestone.” Related Reading: The End Of Ethereum’s Downtrend? Key Indicator Flashes First Bullish Signal Since September Adding to the momentum, US regulators have recently shared long-awaited clarity on how federal securities laws apply to many crypto assets, resolving years of regulatory ambiguity. On Tuesday, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) issued joint guidance to provide clearer rules for market participants, officially confirming that most crypto assets, including Solana, Cardano, and XRP, are digital commodities rather than securities, joining Bitcoin and Ethereum in this classification. As of this writing, Solana trades at $90, a 6.4% increase in the monthly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

As the crypto market bounces, a key indicator has flashed a key bullish signal on the Ethereum (ETH) daily chart, suggesting the end of its six-month downtrend could be near. However, some analysts have warned investors of a possible bull trap and a subsequent reversal to new lows. Related Reading: WLFI Holders Face New 6-Month Lockup Rule To Gain Voting Power Ethereum Eyes Trend Reversal Ethereum kicked off the week by breaking above $2,200 for the first time in weeks, reaching a one-month high of $2,320 on Monday morning. The cryptocurrency has been trading between $1,825 and $2,150 since the early February crash, failing to break out of this range despite multiple attempts. Over the past week, the King of Altcoins has bounced 20% from last Sunday’s lows, printing seven consecutive green candles in the daily timeframe. Amid this performance, ETH has weekly closed above the $2,000-$2,150 area, setting the stage for a potential retest of the one-month resistance as support. Market observer MacroCRG affirmed that ETH is currently the strongest out of the big three: Bitcoin, Ethereum, and Solana. Notably, it has rallied over 9.7% and 14.5% in the weekly and daily timeframes, recording the strongest performance among the top 10 cryptocurrencies by market capitalization. In addition, it has moved above the 50-day Moving Average (MA) for the first time in 56 days and is back into the 12H Ichimoku Cloud for the first time in 55 days. Analyst Ali Martinez shared that another key indicator used to identify the current market trend had flashed its first bullish signal in six months, which “just signaled the end of the downtrend.” According to the X post, the SuperTrend indicator has flipped from Sell to Buy for the first time since September, highlighting the cryptocurrency’s price breakout and institutional demand. As he noted, in the last two instances in which the SuperTrend showed a Buy signal, Ethereum rallied 52% and 174%, with the latest move leading to its August all-time high (ATH) of $4,946. “We’ve survived the grind from September to March,” the analyst asserted. “The next key levels to watch are $2,400 and $2,600.” Breakout Or Bull Tap? Market watcher Ted Pillows also underscored ETH’s recent performance, asserting that now that $2,150 was reclaimed, “there’s not much resistance for Ethereum until the $2,400 zone.” However, he warned that the bullish momentum may be short-lived, suggesting a bull trap could be unfolding and a reversal toward its potential market bottom could follow the ongoing price move. “IMO, ETH could tap the $2,400 zone, as I have been saying for days, before a reversal to new lows,” the X post reads. Related Reading: XRP Gearing Up For 1,300% Rally? Analyst Sets Bold $48 Target For Next Bull Run The analyst explained that Ethereum has been trading sideways, consolidating between two key liquidity clusters: one around $2,200-$2,600 and another around $1,400-$1,700. He suggested that both liquidity clusters will be taken out in the near future. “First, Ethereum could rally towards the $2,400 level to wipe out late shorts. Then, ETH will start its reversal and hit new lows,” he cautioned. Featured Image from Unsplash.com, Chart from TradingView.com

As XRP anticipates a potential rally toward a key short-term resistance level, an analyst has set a bold target for the cryptocurrency’s long-term performance, suggesting that the altcoin could soar by over 1,300% during the next bull run. Related Reading: Ethereum Eyes $2,100 Retest As BlackRock Debuts Staked ETH ETF XRP Targets $48 In Next Bull Run On Friday, XRP joined the broader market rebound, experiencing a 3.5% surge and reaching a one-week high of $1.45. Over the past month, the cryptocurrency has been oscillating between $1.20 and $1.50, hovering above the upper area of this range. Amid this performance, analyst Ali Martinez shared a bold prediction for XRP’s price in the next bull run, suggesting a massive rally could unfold in the coming years based on a multi-year pattern. According to the chart, the altcoin has been forming an ascending triangle pattern on the monthly chart since 2018, when it rallied around 1,500% over two months to its old all-time high (ATH). XRP has traded between the $3.30 horizontal resistance and the ascending trendline over the past eight years, marking the bottom and peak of each rally during the last two cycles. The analyst suggested the altcoin could continue to move within this pattern until the next bull run and potentially rally 1,350% to the $48 target once it breaks through the multi-year resistance. Similarly, market observer Chard Nerd shared XRP’s macro chart but highlighted a potential retest of a resistance-turned-support instead. He noted that the cryptocurrency broke out of a multi-year symmetrical triangle pattern when the price soared past its eight-year resistance during the Q4 2024 market rally. Per the post, XRP could test the pattern’s neckline, currently around the $0.70-$0.80 area, as support in the coming months before beginning to recover from the bear market lows. Is A March-April Rally Brewing? In a Friday video analysis, Chart Nerd also shared a short-term outlook for XRP, highlighting its attempt to break out of a one-month symmetrical triangle on the daily timeframe after today’s pump. As he explained, the altcoin’s price has been compressing between a major level of resistance and a major level of ascending support over the past five weeks, which could target a 25% rally in the next few weeks as it approaches the tighter range of its apex. The apex does have a date (…) we’re looking towards the end of March, 25th of March, where XRP could, if it rejects from this $1.42-$1.43 level, (…) get really tight and compressed into a corner to look for a decision. The analyst suggested that the pattern’s upper boundary has been a major level of resistance throughout February, which could squeeze XRP’s price “into this apex towards the end of March” before potentially choosing its next direction. Related Reading: Bitcoin ‘Sandwiched’ Between Two Key Zones As Price Tops $71,000 – Major Move Ahead? If XRP breaks out of this apex to the upside and reclaims the $1.50 horizontal resistance, it will validate a move toward the $1.80-$2.00 area, which he previously called “a critical inflection point,” by the end of March or start of April. Featured Image from Unsplash.com, Chart from TradingView.com

Bitcoin (BTC) is retesting resistance levels as its price recovers the $71,000 mark. However, an analyst has warned that the bear market is expected to continue and that the latest bounce could be short-lived. Related Reading: Dogecoin Risks More Pain As Price Retests Critical Support – Analyst Warns Of 37% Breakdown Bitcoin Eyes Reclaim Of Former All-Time High Resistance On Tuesday, Bitcoin surged 7.5% from the Sunday lows toward the $71,000 area, retesting this key level for the second time in a week before momentarily retracing toward the $69,000 level. The cryptocurrency has been trading between the $63,000-$71,000 price range over the past month, briefly surging above the upper boundary during last week’s market bounce. However, BTC’s price has failed to hold its multiple breakout attempts amid the market volatility. In a Monday analysis, market watcher Rekt Capital observed that Bitcoin is interacting with two key levels that form “an important overhead resistance”: the 2021 and 2024 all-time highs (ATHs) at $69,000 and $71,300, respectively. As the analyst explained, these levels turned into resistance in the monthly timeframe after the flagship cryptocurrency closed February at $66,970. Since then, BTC has repeatedly tested these key levels from below in the daily timeframe but has failed to reclaim them. Instead, it has produced upside wicks above $69,000 and $71,300, signaling that the former ATHs are acting as rejection levels in shorter timeframes and could become key resistance if it monthly closes below them. “For Bitcoin to begin shifting this structure, price would need to Monthly Close above $69,000 by the end of March to position itself for a reclaim of the 2021 All Time High as support,” the analyst asserted. “Similarly, the 2024 All Time High at $71,300 would likely require multiple Monthly Closes above the level in order to properly establish a reclaim process,” he added. BTC Bounce To Be Short-Lived? While the former ATHs risk turning into resistance, Rekt Capital noted that Bitcoin is currently finding crucial support at the 50-month Moving Average (MA), around the $64,000-$65,000 area. Historically, the flagship crypto has initially reacted from this level in bear markets, but eventually loses it as support. The recent bounce from the 50-month MA is enabling BTC to test the 2021 and 2024 ATHs as resistance “for the time being.” However, once the breakdown occurs, the level usually becomes a new resistance before further downside continuation follows. Now, “Bitcoin is effectively sandwiched between two key reactive zones,” he affirmed, which could lead to short-term relief before the mid-term downside continues. Related Reading: Hyperliquid Traders Rise in Arms as Bitcoin Hits 7-Day Low And Oil Soars The analyst also observed that BTC appears to be only halfway through the bear market, leaving the door open for further downside. In an X post, he noted that BTC’s shortest bear market lasted around 365 days, while it is currently just over 150 days into the current one. Other analysts have suggested that the cryptocurrency could follow the 2022 cycle playbook. At the time, the price significantly retraced from the cycle peak, consolidated for months, and then had a final bull trap before its second major correction wave toward the market bottom. As of this writing, Bitcoin trades at $71,307, a 3% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

While some market observers remain optimistic about Dogecoin (DOGE)’s long-term prospects, an analyst has identified a bearish continuation pattern in the short-term chart that could lead to another major correction for the memecoin. Related Reading: Why A U.S. Court Says Binance Is Not (Yet) Liable for Terrorist Crypto Flows Dogecoin Bottom May Be Lower On Monday, Dogecoin bounced 3% from Sunday’s lows and reclaimed the $0.091 level, which had been lost over the weekend due to recent market volatility triggered by the Middle East conflict. The cryptocurrency has traded between $0.086-$0.100 over the past two weeks, reaching an intraweek high of $0.104 last Wednesday before erasing the bounce and plunging to its local lows alongside the rest of the market. During this performance, market observer Ali Martinez noted that the cryptocurrency has been consolidating in a descending triangle since the mid-January correction, signaling that a potential bearish trend continuation could be around the corner. DOGE established a floor around the $0.088 level, the chart shows, representing a nearly 37% decline from the pattern’s top. Meanwhile, the descending trendline resistance is currently around $0.097. According to the analyst, the memecoin is setting up for a 37% move to the downside, targeting the $0.060 area if the price falls below the pattern’s base and loses its support role. The analyst had previously cautioned that Dogecoin could identify its next significant support level around this level if selling pressure persists. Notably, the $0.060 level served as a macro resistance and support level, marking the bear market bottom in 2022 and a pivotal bounce level during the market recovery in late 2023. Analysts Optimistic About DOGE’s Macro Chart Despite weak performance and bearish price forecasts, other market observers expressed a more optimistic outlook for Dogecoin in the mid- and long-term. Analyst Trader Tardigrade advised investors to zoom out on DOGE’s chart, suggesting that the memecoin’s broader perspective appears “insanely bullish.” In an X post, the analyst highlighted a massive bullish pennant on Dogecoin’s monthly chart, signaling a major breakout is likely. According to the chart, the pattern has been forming since the 2021 breakout, and the cryptocurrency has retested and held the lower boundary as support twice over the past five years, leading to a major rebound after each retest. Now, Dogecoin has retested this level a third time, managing a monthly close about the lower boundary in February. This has set up a potential price recovery rally if history repeats. “When this breaks to the upside, expect a massive surge. The setup is ready.” Meanwhile, analyst Bitcoinsensus suggested that the memecoin could be preparing for a massive rally based on its performance throughout this market phase. As he detailed, DOGE’s price action has been unfolding in “mini cycles” since the 2022 bottom, leading to higher rallies each time. Related Reading: WAR Token Explodes 100%, Then Crashes 20% In Sudden Sell-Off The structure has consisted of accumulation, markup, and pullback phases, resulting in 190% and 480% rallies in early and late 2024, respectively. Now, as Dogecoin continues to accumulate for the third time, it could see a breakout toward the $0.75 area in the coming months if it breaks out of its one-year downtrend line and the “mini cycles” pattern repeats. Featured Image from Unsplash.com, Chart from TradingView.com

As the broader crypto market retraces, Solana (SOL) has erased its recent gains despite strong institutional demand for investment products based on the cryptocurrency. Some analysts have now suggested that the altcoin risks a deeper pullback similar to its 2022 correction. Related Reading: Ethereum ETFs Record Best Single-Day Performance Since January With $169M Inflows Solana Loses Mid-Week Gains As Market Wobbles On Friday, Solana dropped 7% intraday to retest the $84 area again, retracing most of its intraweek gains. The cryptocurrency had been trading between $78-$88 since the early February crash, attempting to break out of its local range but ultimately failing. Amid the ongoing market volatility, driven by the US-Israel war with Iran, the altcoin jumped 13% on Wednesday, reaching a multi-week high of $94.05 before stabilizing between the $88-$92 area. Market observer Trader Tardigrade affirmed that Solana could target the $100 barrier if the breakout confirmed. He noted that the cryptocurrency was retesting the consolidation range breakout area as support, which could form a base for a climb to higher levels. Nonetheless, SOL’s price has now fallen back into its one-month accumulation range after failing to hold the breakout level on Friday morning. Rekt Capital observed that broader market conditions resemble early-stage Bear Market behavior, which could suggest Solana may be preparing for a deeper correction. Per the analysis, the altcoin has historically deviated below the $123.28 historical support when it was lost on the monthly timeframe. In 2022, after losing this level, SOL produced a deviation below it and traded below the $99.06 psychological level before rejecting from this area. Therefore, a new monthly close below both $123.28 and $99.06 could signal that these levels have been officially lost as support. However, it also opens the door to a rally back into them to retest them as resistance, similar to 2022. Shallow rebounds could lead to rejection from the $99.06 region quickly, he explained. Meanwhile, a stronger relief rally could allow Solana to revisit the $123.28 level before determining whether additional downside continuation is next. SOL ETFs ‘Defy Physics’ Despite its recent price decline, experts have emphasized the positive sentiment exhibited by traditional investors toward Solana, as evidenced by the performance of investment products that track the altcoin’s price. In an X post, Eric Balchunas, Bloomberg Intelligence Senior ETF Analyst, stressed that although the cryptocurrency’s price is currently 57% down from when its spot Exchange-Traded Funds (ETFs) first launched in July, the category has accumulated $1.5 billion in flows and has “not really given any of it up.” He noted that half of those inflows have come from institutional investors, which he deemed a “serious investor base” and “really good signs” for the category’s future. “In reality/history of ETFs launching into that kind of downturn is near impossible to get inflows. Most wouldn’t even make it to age one or two if they went down 57% in the first six months. Timing is very important. Solana is defying physics here,” he explained. Related Reading: Bitcoin Reclaims $73,000 Amid Iran War Volatility, But Analyst Issues Key Warning Additionally, he offered a broader perspective by adjusting SOL’s $50 billion market capitalization to Bitcoin’s (BTC) $1.4 trillion market cap. As he detailed, Solana ETFs have seen the equivalent of $54 billion in net new flows, approximately double what Bitcoin ETFs experienced at the same stage post-launch, when BTC was in an uptrend. However, it’s worth noting that the category experienced its first negative day in over a month on Thursday, with $5.23 million in outflows, according to SoSoValue data. Featured Image from Unsplash.com, Chart from TradingView.com

As the crypto market bounces from the latest shakeout, Ethereum (ETH) and investment products based on the King of Altcoins recorded a remarkable single-day performance, potentially setting the stage for further recovery. Related Reading: Bitcoin Surge To $74,000 Fueled By US Institutions, Coinbase Premium Signals Ethereum ETFs Recover Amid Market Bounce Ethereum-based spot Exchange-Traded Funds (ETFs) recovered from Tuesday’s weak performance and recorded their best single-day in nearly two months, with $169 million in inflows on Wednesday. According to SoSoValue data, the category saw the highest netflow since January 14, when it drew in $175 million. Notably, the mid-January crypto market correction triggered massive outflows for investment products, with funds based on the two largest crypto assets, Bitcoin (BTC) and ETH, showing the weakest performance. Ethereum ETFs saw a five-week negative streak, bleeding $1.38 billion during this period. However, the funds ended their weekly outflow run last week after posting inflows worth $80.46 million. So far, the products have drawn in $197.35 million this week, potentially setting a base to register their best weekly performance since January 16, when it closed the week with $479.04 million. Alex Kuptsikevich, chief market analyst at FxPro, recently highlighted that the strength of crypto ETFs, despite growing geopolitical tensions and financial markets’ selloff, could be seen as “a victory for cryptocurrencies,” suggesting that some traders may be considering digital assets as a safe haven. Meanwhile, James Butterfill, head of research at CoinShares, emphasized that “recent client discussions have been almost entirely focused on identifying entry points rather than reducing exposure to the asset class.” ETH At A Structural Decision Point Ethereum’s price climbed 12% on Wednesday, its highest level since February 4. Amid the market recovery, the cryptocurrency reclaimed the $2,100 barrier and reached a one-month high of to $2,199 before retracing. The king of altcoins has been trading between the $1,825-$2,150 levels since the early February breakdown, unable to break past the upper boundary of its local range. Analyst Rekt Capital pointed out that ETH closed the month just below a crucial multi-year ascending trendline, which has served as macro support and a decisive directional point over the years. This places the price in a structurally bearish position, as it enables a monthly retest of this level as resistance instead of support. The analyst emphasized that if this trendline becomes a resistance, it would confirm a breakdown from the macro structure and increase the likelihood of a deeper move into a key horizontal zone and historical demand cluster situated around the $1,600 region. “If Ethereum rejects from the trendline and the current bounce retraces in full, that rejection would signal the trendline dissipating as support and confirm the breakdown scenario,” he stated. Related Reading: Pundit Says XRP Price At $100 Is Not Insane If You Understand This However, he noted that bearish continuation is not confirmed yet, explaining that if ETH manages to reclaim the trendline as support in the monthly timeframe, the horizontal zone and historical supply area around the $2,250-$2,500 levels could act as a relief cluster “where price may rally before the market determines its next directional move.” “For now, Ethereum remains at a structural decision point around the multi-year trendline,” he concluded. Featured Image from Unsplash.com, Chart from TradingView.com

As the crypto markets rebounded on Wednesday, Bitcoin (BTC) bounced back from the recent selloff triggered by the escalating Middle East conflict, targeting a surge toward high levels. While some market observers see this as a sign of strength and potential bottoming, others warn that the rally could be short-lived. Related Reading: Bitcoin Leads Crypto Funds’ $1 Billion Rebound To End 5-Week Negative Streak Bitcoin Shows Strength Despite Growing Geopolitical Fears On Wednesday, Bitcoin surged 8.3% to trade above the $72,000 barrier for the first time in a month. The cryptocurrency has been trading between the $63,000-$73,000 price range since early February, but it has failed to break past the $70,000 mark throughout this period. Notably, the escalation of the US-Israel war with Iran has introduced significant volatility to risk assets, including cryptocurrencies. This resulted in sharp declines on Saturday, with BTC dropping to $63,000. However, the flagship crypto’s price quickly stabilized around the mid-zone of its local range, followed by a partial recovery above the $68,000 area at the start of the week. Now, Bitcoin has surged 15.87% from its recent lows, reaching a one-month high of $73,479 on Wednesday morning despite increasing geopolitical tensions. In a recent Bits + Bips podcast episode, Chris Perkins, Managing Partner and President of CoinFund, highlighted that BTC’s signs of strength and resilience, alongside signs of liquidity entering the market, are a “good setup” for a potential bottoming. It’s worth noting that US spot Bitcoin Exchange-Traded Funds (ETFs) have seen a remarkable performance over the past two days, with $683.34 million in inflows since Monday, suggesting increasing demand for the investment products. Alex Kuptsikevich, chief market analyst at FxPro, told Bloomberg, “This is a victory for cryptocurrencies, given the impressive selloff those financial markets and gold experienced the day before,” adding that “perhaps some traders are looking at crypto as a safe haven.” Too Early To Call BTC’s Bottom Despite the rebound, Kuptsikevich also warned that the situation remains “too fragile” to declare the market bottom. He explained that “Bitcoin is vulnerable due to the increased volatility of stock indexes, which is forcing institutional investors to reduce their leverage.” Meanwhile, market observer Ted Pillows suggested that BTC’s rally could be short-lived, drawing a comparison between the flagship crypto’s current performance and its early 2022 price action when the Russia-Ukraine war started. As the analyst noted, Bitcoin, which had already begun correcting from its 2021 all-time high, saw initial volatility when the conflict erupted, but pumped almost 40% in the following month before dumping another 67%. BTC targets a potential 45% correction toward the $40,000 area. Source: Ted Pillows on X This time, BTC is beginning to display a similar performance, which could lead to a 20%-25% rally toward the $78,000-$80,000 zone, according to the market watcher. However, this rebound could be followed by a strong rejection at this key horizontal area. Related Reading: Long-Term Bitcoin Holders Buy $14 Billion In BTC As Retail Headed For The Exit If history repeats, the next phase of the cryptocurrency’s downtrend could begin soon, Ted Pillows cautioned, potentially sending the price 45% below the rally’s potential peak prices. Analyst Ali Martinez observed that Bitcoin has consistently bottomed between the 1.0 and 0.8 MVRV Pricing Bands over the past decade. According to the chart, this would place BTC’s potential bottom between the $43,647-$54,559 levels. As of this writing, Bitcoin is trading at $73,255, a 10% increase in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

As the end of the month approaches, Ethereum (ETH) is attempting to end February above the crucial $2,000 barrier. Some analysts have suggested that the upcoming monthly close could determine the fate of the King of Altcoin’s price trajectory. Related Reading: XRP Rally Incoming? Analyst Forecasts March-April Recovery If This Level Breaks Ethereum Trajectory Could Be Defined This Weekend On Thursday, Ethereum briefly fell from its recent highs and retested the $1,980 level before bouncing. Notably, the cryptocurrency surged 11% on Wednesday morning, reaching a ten-day high of $2,148, then stabilized around the crucial $2,000 support. Amid this rebound, market observer Trader Tardigrade highlighted that ETH has momentarily reclaimed a critical monthly level, which had been lost in the shorter timeframes. The King of Altcoins is trading back above its multi-year trendline, suggesting that a potential price recovery rally could be coming if the level holds. Per the post, Ethereum “has a proven pattern: every time price holds above this ascending support trendline, it launches into a parabolic rally.” As the chart shows, the cryptocurrency displayed a similar trendline between 2018 and 2020, when the altcoin bounced from this support and embarked on a massive one-year rally toward its previous all-time high (ATH). Now, ETH shows a similar performance in the monthly timeframe, currently retesting the trendline that began forming in 2022. “If it holds here, history says we’re gearing up for another explosive climb,” the trader affirmed. Similarly, analyst Rekt Capital noted that this multi-year trendline has been “a structural level that has defined the broader macro trajectory for several years.” He stated that if Ethereum ends the month above this trendline, located around the $1,960-$1,970 area, “then price would have scope to rebound into the green region overhead,” between the $2,250-$2,500 levels. However, he warned that this key horizontal region has historically “not been kind to Ethereum across cycles.” Deeper Correction In The Books? Explaining ETH’s previous behavior around this level, Rekt Capital detailed that in 2022, once the price broke below this horizontal region in the monthly timeframe, it continued lower. Meanwhile, Ethereum closed below this level again in early 2025, retested it, turned it into resistance, and resumed its correction toward the April 2025 lows around $1,385. “So structurally, the green region remains a likely candidate for resistance unless Ethereum Monthly Closes above it and successfully turns it into support,” the analyst affirmed, cautioning that it seems less likely given the current bear market conditions. Moreover, he warned that if ETH Monthly Closes below the multi-year support trendline, the $1,570-$1,670 horizontal zone, which was a prior demand cluster, could be revisited. Related Reading: The ‘Next-Generation Trading Chain’: BNB Chain Eyes 2026 Optimization Following Strong Ecosystem Momentum “We have already seen downside wicking toward that orange region, but not a clean, picture-perfect retest. Losing the trendline would likely force price into that orange region more decisively and potentially even result in its loss as support,” he added. As Rekt Capital stressed, if a macro uptrend is lost, there is limited buy-side momentum to support the price against further downside over time. As of this writing, ETH is trading at $2,026, a 4.7% increase in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

During the Wednesday market recovery, XRP surged 7.9% to hit a one-week high of $1.47. The cryptocurrency has been hovering between $1.35-$1.50 over the past three weeks but has failed to break above the local range’s upper boundary. As the price nears this resistance once again, an analyst has suggested that a short-term rally toward another critical level could be brewing, potentially setting the stage for the altcoin to decide its next market direction by the end of Q2. Related Reading: The ‘Next-Generation Trading Chain’: BNB Chain Eyes 2026 Optimization Following Strong Ecosystem Momentum XRP To See March Breakout On Wednesday, analyst ChartNerd called for a short-term 20%-30% XRP rally in the next month or two, affirming that “relief is overdue” after six months of continuous downside pressure. In a video analysis, the market observer affirmed that the cryptocurrency is attempting to build a base within its local range to retest a crucial resistance level after losing the $1.80-$2.00 area as support in January. As he explained, XRP is attempting to form an ascending triangle or double bottom pattern in the daily timeframe, with the formation’s neckline sitting around the $1.50 mark. Based on this, if the altcoin “coils up inside this triangle and eventually gets a breakout heading into March, this is where the potential lies of rallying back up to $1.80” to retest this previous area of support as resistance. Meanwhile, if the cryptocurrency is forming a double bottom pattern, the analyst noted that “even a retrace to the $1.20 level would still mark a higher low before a short-term bullish reversal.” In both cases, breaking out of the $1.50 resistance would validate a move toward the $1.80-$2.00 area, which he considers “a critical inflection point” as XRP held it as support for 400 days. It would be a critical inflection point. I mean, potentially, we could respect some sort of ascending channel here as well, leading into March, which is what may guide us up to that $1.80 resistance. (…) If XRP does sort of respect these trend lines, it’s resistance. We’re back at support. Is A Critical Retest Ahead? Despite the bullish outlook, ChartNerd warned that XRP still risks a correction of up to 50%. Per the analyst, the $1.80 retest will determine whether this area has turned into resistance and the price will continue to go lower, or if it will be reclaimed and push to higher levels. “If the rally into $1.80/$2 unfolds in March/April, that will be the telltale sign of whether $0.70 is on the cards or not. Breaking cleanly above $2 signals strength and invalidation of that potential. Rejecting it as resistance would then cause a potential $0.70 drop,” he added on X. A reclaim of this key area as support could open the doors for a retest of the golden $2.40-$2.70 range, not visited since the Q4 2025 crash. It could also signal that the corrective period may be over. Related Reading: Bitcoin Positioned For More Pain Following Weekly Close Below This Critical Level However, he recently cautioned that losing the 200-week Exponential Moving Average (EMA) in the weekly timeframe and confirming it as resistance has historically signaled a major drop toward the $0.70 area. In previous cycles, XRP entered a deep corrective move when it failed to hold this level, crashing around 50% to its bear market bottom. Therefore, he emphasized that the cryptocurrency needs a convincing reclaim of its crucial area to invalidate this potential outcome. As of this writing, XRP is trading at $1.46, a 2.7% increase on the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

After closing the week below a crucial support level, Bitcoin (BTC) has fallen below the $65,000 support for the first time since the early February crash, reaching a two-week low of $64,152. Amid this performance, some analysts have warned that the flagship crypto could be on the “cusp of bearish acceleration,” warning that another major crash could be around the corner. Related Reading: Bitcoin Mirrors Software Stocks More Than Any Other Market — Here’s Why Bitcoin Loses The 200-Week EMA On Monday, analyst Rekt Capital highlighted that Bitcoin produced a “historically pivotal” development after closing last week below the 200-week Exponential Moving Average (EMA), which currently sits “at the center of a major confluence zone.” Notably, the 200-week EMA aligns with BTC’s Post-Halving Re-accumulation Range highs, located between $66,000-$71,000. Meanwhile, the Post-Halving Re-accumulation Range lows, around the $58,000-$60,000 levels, define the broader structure of BTC’s current range. Over the past three weeks, the cryptocurrency attempted to develop a demand region around this area, which was previously a major supply area. However, this level hasn’t historically been a structurally reliable support for BTC’s price, the analyst asserted, noting that it has previously acted as a 10-month resistance. “In the current structure, we have seen three consecutive weeks of elevated sell-side volume in this region, with limited meaningful buy-side response,” he explained. Per the post, this imbalance has led to a weekly close below the 200-week EMA, losing it as support in this timeframe. This suggests that a “continuation of Bearish Acceleration into its second wave” could follow soon. The analyst cautioned that now that price has closed the week below this critical level, there is a “strong probability that Bitcoin presses back toward the underside of that EMA to attempt turning it into new resistance.” If the underside retest holds, the structure would shift from defending the support to confirming the resistance at this level. He warned that if that level begins to act as resistance, downside continuation will become increasingly probable. BTC’s Bottom Targets $30,000 Rekt Capital also noted that BTC’s recent performance aligns closely with its price action in prior cycles. As he detailed, in 2018 and 2022, a weekly close below the 200-week EMA acted as a structural trigger to the second wave of bearish acceleration. “Bitcoin would attempt to reclaim the level, turn it into resistance, and then dissipate lower. That pattern is now attempting to replicate itself,” he asserted. Similarly, Ali Martinez pointed to the cryptocurrency’s historical performance, but on the three-day chart, affirming that this has been one of BTC’s key timeframes from a macro perspective. According to Martinez’s post, market observers must watch the upcoming interaction of the 50-day and 200-day Simple Moving Averages (SMAs), as the crossover between these two indicators on the three-day timeframe has historically preceded the final leg down of the bear market. Bitcoin dropped around 50%-72% from its 2013, 2017, and 2021 cycle tops before its death crosses took place in late 2014 and 2018, and mid 2022. Following the 50-day and 200-day SMAs crossovers, the flagship crypto experienced another 45%-52% decline. Related Reading: Investors In Trump Family Memecoins Record $4.3 Billion In Losses As Tokens Sink Now, BTC has fallen more than 52% from its October 2025 peak and is approaching a potential death cross on the three-day chart by the end of February. “If history repeats — even partially — this could signal the beginning of the final leg down of this cycle,” the analyst warned. Based on this, Martinez predicted that another 30%-50% correction from current levels could follow, placing the cryptocurrency’s target near the $30,000-$40,000 supports. “If the cross confirms, it becomes a level to take very seriously,” he concluded. Featured Image from Unsplash.com, Chart from TradingView.com