The post Bitcoin Nears $70K as Bulls Test Resistance—Can BTC Price Reach $75K? appeared first on Coinpedia Fintech News

In times when crude oil prices surge past the three-digit range, risk assets often tend to face increased pressure. However, the recent price action suggests that the bearish influence on the crypto market, particularly on Bitcoin, may be gradually fading. The Bitcoin price has now climbed above $69,000, reflecting strengthening bullish momentum and hinting at a possible move toward the $70,000 mark in the short term.

At the same time, several on-chain metrics and technical indicators have begun to turn slightly bullish. Market sentiment has also improved marginally, indicating that buyers may be slowly regaining control of the trend.

However, the key question remains whether the Bitcoin price can sustain this momentum and revisit the monthly highs near $74,000, potentially extending the rally toward $75,000, or if the price will once again face rejection near the $70,000 resistance and slip back into a corrective phase.

What Happens if Bitcoin Surges Above $70,000?

If the Bitcoin price manages to reclaim the $70,000 level, it could trigger a strong move in the market. The Coinglass liquidation data shared above shows a notable cluster of short liquidations positioned just above this level, which means a breakout could force many bearish traders to close their positions.

When short positions get liquidated, the market often witnesses a short squeeze, where forced buying accelerates the price movement. As a result, a sustained move above $70K could quickly push the BTC price toward the next liquidity zones around $72,000 and $74,000.

However, the $70,000 level remains a strong psychological resistance, and the price may initially witness some selling pressure as traders look to book profits. Hence, a strong move and sustained trading above this level will be important to confirm a bullish continuation. If the breakout holds, Bitcoin could revisit the monthly highs near $74,000, with the possibility of extending the rally toward $75,000 in the coming sessions.

Why Breaking $70,000 Is Important for Bitcoin

Bitcoin is once again approaching the $70,000 resistance level, a zone that has repeatedly capped rallies in recent weeks. As shown in the chart, the price continues to move within an ascending channel, suggesting the broader structure remains moderately bullish. If Bitcoin manages to break and hold above $70,000, it could confirm a continuation of the upward structure. Such a breakout may open the path for a move toward the upper boundary of the channel near $75,000–$76,000. 

The $70,000 region now acts as a key breakout zone, where previous rallies faced rejection. This level also aligns with the mid-range resistance of the channel, making it an important technical barrier for the next phase of the trend. Technical indicators are also showing signs of improving momentum. The RSI has rebounded from the mid-range levels and is trending upward, suggesting that buying pressure is gradually returning to the market.

On the other hand, the Bollinger bands have begun to squeeze, suggesting the volatility is squeezing, which usually results in massive price action. The price is approaching a breakout zone, which coincides with the middle bands of the channel, and also a strong resistance at around $70,072. 

If Bitcoin fails to reclaim this level, the price may continue consolidating and could revisit the $66,000–$67,000 support zone before attempting another breakout. For now, the $70K level remains the key pivot that could determine Bitcoin’s next major move.

The post AI Crypto Momentum Builds: TAO and NEAR Prices Eye a Major Breakout appeared first on Coinpedia Fintech News

AI-focused cryptocurrencies are attempting a mild recovery after facing extended selling pressure in recent months. While the broader market structure remains cautious, recent price action in Bittensor (TAO) and NEAR Protocol suggests that buyers may be slowly stepping back into the market.

Both assets are currently testing crucial resistance levels that could determine whether the recovery continues or stalls.

TAO Price Attempts Recovery From Key Support

TAO recently rebounded from the $138 support zone, which has acted as a strong demand area during the latest correction phase. After forming a local bottom, the price has started to create higher lows, supported by a rising trendline. Currently trading near $194, TAO appears to be building short-term bullish momentum. However, the asset faces a strong resistance zone near $220, which previously acted as support before the breakdown.

As seen in the above chart, the price is rising along the ascending trend line, which has been acting as a strong support zone. The RSI & OBV have displayed a bullish divergence, hinting towards a bullish continuation. Therefore, if buyers manage to push the price above this level, TAO could attempt a recovery toward the next resistance around $240–$250. On the downside, losing the $186 support may weaken the current structure and expose the price to another decline toward $138.

NEAR Price Eyes Breakout After Downtrend

NEAR Protocol price is also attempting to stabilize after a prolonged downtrend. The asset recently bounced from the $1.00 demand zone, suggesting that buyers are defending the lower levels. At present, NEAR is trading near $1.24 and approaching a key resistance level around $1.41. This area previously acted as support before turning into resistance following the breakdown.

If the price manages to reclaim $1.41, the recovery could extend toward $1.66, where another major resistance zone lies. However, failure to break this level may keep the broader bearish structure intact.

The NEAR price has been sustained above the 50-day MA despite facing significant upward pressure. Besides, the RSI has shifted to a recovery mode, which suggests the rally is gaining strength. Hence, the NEAR Protocol price is expected to surge above $1.41 and reach $1.5, opening the path to $1.8 to $2. On the flip side, the rally is likely to plunge below $1 and remain consolidated. 

Conclusion

Both TAO and NEAR prices appear to be entering a potential recovery phase after extended corrections. However, the next move for both assets will largely depend on whether buyers can successfully reclaim the nearby resistance levels.

A breakout above $220 for Bittensor and $1.41 for NEAR Protocol could confirm stronger bullish momentum, while continued rejection may keep both tokens trading within their broader consolidation ranges.

The post XRP Price Prediction: Bears Target $1 as XRP Struggles Below Key Resistance appeared first on Coinpedia Fintech News

The XRP price continues to face selling pressure as the token struggles to regain momentum above key resistance levels. After multiple rejections near the $1.50 region, XRP is now consolidating around the $1.35 level, raising concerns among traders about whether the price could drop toward $1.

The current market structure suggests that XRP remains trapped within a broader downtrend, with sellers maintaining control at higher levels. A key question many investors are asking right now is why XRP is falling and whether the token could recover in the near term. 

XRP Tokens Under Loss

Recent on-chain data from Glassnode suggests growing pressure within the XRP market. According to the chart above, the total supply of XRP held at a loss has increased significantly in recent months.

This metric measures the amount of tokens currently held by investors whose purchase price is higher than the current market price. When this number rises sharply, it often indicates that a large portion of market participants are underwater.

Historically, such conditions can create two important market dynamics. First, many holders tend to sell during short-term price recoveries to exit near their break-even level. This behavior can create strong overhead resistance and slow down any bullish recovery.

Second, rising supply in losses sometimes appears during the later stages of a market correction, when weaker hands gradually exit the market. In some cases, this phase can eventually lead to market stabilization once selling pressure begins to decline.

XRP Price Analysis

From a technical perspective, XRP continues to trade inside a descending channel, which indicates that the broader market structure remains bearish. After facing repeated rejection near the $1.50–$1.55 resistance zone, the price has moved lower and is now consolidating around the $1.35 region. This level sits just above a crucial support area near $1.32, which currently acts as the first line of defense for the bulls.

If this support holds, XRP could continue trading sideways within the channel before attempting another recovery.

However, if the $1.32 support breaks, the price could move toward the next major support near $1.10, which aligns with the lower boundary of the descending channel. Looking at the indicators, the MACD is attempting a bullish crossover, suggesting that selling momentum may be slowing slightly. Meanwhile, the RSI remains near the neutral zone, reflecting ongoing consolidation rather than a strong trend reversal.

Overall, the technical structure still favors the bears unless XRP manages to reclaim the key resistance levels.

Wrapping it Up- What to Expect Next?

In the short term, traders will closely watch the $1.32 support level. If the XRP price holds above this zone, XRP could attempt a recovery toward $1.50, which remains the key resistance level that bulls must reclaim to regain momentum. However, a confirmed breakdown below $1.32 could push XRP toward $1.10, with the psychological $1 level becoming the next major downside target.

For now, the market remains in a consolidation phase within a broader downtrend. Until XRP breaks above key resistance levels, the price may continue to face pressure from both technical and on-chain factors.

The post Oil Hits $100 as War Risks Rise—Where Are Investors Moving: Gold or Bitcoin? appeared first on Coinpedia Fintech News

Global markets are once again reacting to rising energy prices as Brent Crude Oil moves higher amid geopolitical tensions and supply concerns. Historically, sudden spikes in oil prices have often appeared during periods of global uncertainty, forcing investors to reconsider where they allocate capital.

A similar situation was seen in November 2022, when oil prices surged above $100 per barrel. That period coincided with the bottom of the 2022 crypto bear market, which also saw extremely high trading volumes across digital assets. The surge in energy prices reflected broader macro stress across global markets.

Now, with oil prices once again showing strength, investors are closely watching how different asset classes react to the renewed uncertainty, specifically the Bitcoin (BTC) price.

How Is This Impacting Stocks & Gold?

Rising oil prices are once again creating volatility across traditional financial markets. When crude approaches the $100 per barrel level, investors typically become cautious toward equities as higher energy costs increase production and transportation expenses for companies. Major indices such as the S&P 500 are currently trading near 5,100, while the NASDAQ Composite is hovering around 16,000, both showing increased sensitivity to macroeconomic developments and geopolitical risks.

At the same time, precious metals are witnessing strong investor demand. Gold has been trading around $5,000–$5,150 per ounce in recent sessions after reaching record highs earlier this year. Meanwhile, Silver has also surged significantly, trading roughly in the $85–$100 per ounce range as investors look for defensive assets during periods of global uncertainty. Precious metals often benefit during such macro conditions, as they are widely considered reliable stores of value when inflation risks and geopolitical tensions rise.

Will Rising Oil Prices Push the BTC Price Lower?

Recent market trends suggest that broader macroeconomic shifts could again start influencing the crypto market. Historically, movements in energy markets—especially crude oil—have often coincided with major turning points in Bitcoin’s price cycle.

As seen in the chart above, several periods of declining oil prices, particularly around 2015, 2020, and after the 2022 peak, were followed by strong upward moves in Bitcoin. This pattern suggests that changes in energy markets may reflect wider shifts in global liquidity and economic sentiment, which eventually impact risk assets like Bitcoin.

While oil prices do not directly determine Bitcoin’s movement, the chart provides supporting evidence that macro trends in energy markets can act as an early signal of changing conditions that may influence Bitcoin’s next phase.

The Final Verdict

With oil prices approaching the $100 per barrel mark, market volatility across asset classes is likely to remain elevated. If risk sentiment weakens further, major indices like the S&P 500 could face pressure below the 5,000 level, while defensive assets may continue attracting capital. In such a scenario, gold could remain supported above the $2,100 zone, with silver holding above $24–$25, as investors look for stability during geopolitical uncertainty.

For Bitcoin, the key levels to watch remain around $60,000 on the downside and $70,000 on the upside. A sustained break below $60,000 could trigger further selling pressure as liquidity tightens, while a move above $70,000 may signal renewed bullish momentum. As oil-driven macro uncertainty rises, Bitcoin’s price action around these levels could reveal whether investors continue treating it as a risk asset or begin positioning it as an alternative hedge.

The post Is Dogecoin Dead? Why is the DOGE Price Stuck Below $0.1? appeared first on Coinpedia Fintech News

Dogecoin continues to remain under pressure as the price struggles to reclaim the crucial $0.10 level. Over the past few weeks, DOGE has been trading within a narrow range, showing clear signs of consolidation. Although buyers are attempting to defend the lower support levels, the bullish momentum appears limited.

At present, DOGE price is trading close to $0.09, just above a key support zone between $0.088 and $0.090. This region has acted as a strong demand zone in recent weeks, where buyers have repeatedly stepped in to prevent further downside.

However, despite multiple recovery attempts, the price has failed to reclaim the $0.10 level, which has now turned into a psychological resistance for the token. Will this threshold be broken, or will the DOGE price remain consolidated below this range?

Dogecoin Price Analysis: Key Levels to Watch

Looking at the daily chart, Dogecoin has been forming lower highs since January, indicating that the broader market structure still leans bearish. A descending resistance trendline has been consistently rejecting the price, preventing any strong recovery move.

From a technical perspective, a few levels are currently crucial for Dogecoin’s next move.

On the upside, the immediate resistance lies near $0.102. If the price manages to break and sustain above this level, it could open the doors for a move towards the next resistance around $0.115.

The technical indicators also suggest that the market currently lacks strong momentum. The Relative Strength Index (RSI) is hovering around the 42–43 level, which indicates neutral momentum. The indicator is neither in the oversold zone nor showing signs of strong bullish strength. Instead, it is moving sideways, which aligns with the consolidation visible on the chart.

At the same time, the Directional Movement Index (DMI) shows that bearish pressure is slowly declining, but bullish strength has not yet picked up significantly. The ADX indicator also remains relatively low, suggesting that the market currently lacks a strong trend.

On the downside, the $0.088 support zone remains extremely important. This level has been tested several times already, and repeated tests generally weaken a support zone. If the price breaks below this level, DOGE may see further downside towards $0.082 and possibly $0.075.

What Could Happen Next?

If bulls manage to push the price above the descending resistance trendline and reclaim the $0.10 level, Dogecoin could attempt a recovery towards $0.115, followed by a potential move towards $0.14. However, if the $0.088 support fails, the bearish pressure could increase, potentially pushing the price towards $0.082 or even $0.075 in the short term.

For now, Dogecoin appears to be stuck between strong support and persistent resistance. While buyers continue to defend the lower levels, the lack of strong momentum is preventing a bullish breakout. Until DOGE reclaims $0.10, the price may remain within this consolidation range.

On the other hand, as DOGE continues to move sideways near the support zone, the volume has gradually reduced. Lower volume generally indicates reduced market participation. It also suggests that traders may be waiting for a clearer direction before entering the market. Interestingly, such phases of low volatility often precede a stronger price move once the market has decided on its direction.