Cryptocurrency Price Movement
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Ethereum Price at Risk: Selling Pressure Signals Possible Drop Below $3,000
Yahoo Finance· 2026-01-20 20:00
Core Viewpoint - Ethereum is experiencing bearish pressure after failing to maintain above key resistance levels, with growing sell-side pressure and weak market conditions testing support from long-term holders [1][2][3] Group 1: Market Dynamics - Long-term Ethereum holders (LTHs) are in accumulation mode, as indicated by the HODLer Net Position Change showing steady accumulation since late December, which has helped cushion recent pullbacks [2] - The ETH derivatives market shows a significant short positioning, with over 83% of open exposure leaning bearish, which could amplify volatility as prices move [4] - Liquidation data indicates a danger zone around $3,000, where a push into this area could trigger approximately $368 million in long liquidations, potentially accelerating downside momentum [5] Group 2: Technical Indicators - Momentum indicators, such as the Money Flow Index (MFI), have slipped below the 50 midline, indicating that capital is rotating out and sellers are in control until proven otherwise [6] - Ethereum's price is currently near $3,109, with a developing double top pattern suggesting a potential 7.5% decline towards the $2,900 level if confirmed [7] - Losing the $3,085 support level would confirm a breakdown, with intensified selling pressure expected if ETH slips below the $3,000 psychological level, increasing liquidation risk [8]
Will Zcash Price Pullback or Continue Its Rally Towards $600?
Yahoo Finance· 2025-12-28 13:30
Core Insights - Zcash price has increased approximately 15% over the weekend, approaching a key resistance level, leading to discussions about potential further gains or a short-term cooldown [1] Momentum Signals - The 12-hour chart indicates a lower high for ZEC between November 16 and November 27, while the RSI shows a slight increase, suggesting a hidden bearish divergence that may precede a short-term pullback [2] - The Money Flow Index (MFI) indicates that while ZEC price rose between December 12 and December 28, the MFI trended downward, suggesting that demand is not strong enough to sustain the price increase [3] On-Chain Positioning - Whale activity on the Solana chain shows a 7.46% reduction in whale balances over the past 24 hours, indicating that larger holders may be locking in profits or waiting for better entry points [5] - Despite the reduction in whale balances, the top 100 addresses (mega whales) increased their holdings by 4.59%, reflecting a long-term positive sentiment [5][6] Price Levels and Potential Movements - Zcash is currently trading near $518, with a key resistance level at $527. A close above this level could lead to a potential price increase towards $633, representing a 22% gain from current levels [7] - Initial support is identified near $435, with further downside risk if this level is breached, potentially exposing $370 [7]
Notcoin (NOT) Price Posts Brief 35% Rally After Bidding Bitcoin Farewell
Yahoo Finance· 2025-12-07 15:02
Core Insights - Notcoin price surged nearly 36% in the past 24 hours due to bullish speculation, but this rally led to significant selling pressure, marking the heaviest selling in six months [1] - The correlation between Notcoin and Bitcoin has weakened considerably, dropping to 0.43, indicating that Notcoin is no longer closely following Bitcoin's price movements [2] - The Chaikin Money Flow indicator shows a sharp downtick, confirming heavy outflows as investors exited positions following the rally, which undermines the bullish momentum [4] Price Movements - Notcoin price peaked at $0.000750 during the intra-day high before correcting to $0.000615, reflecting cooling sentiment and aligning with outflow signals [6] - If Bitcoin recovers, Notcoin may struggle as liquidity could shift towards larger assets, potentially pushing Notcoin below its support level of $0.000609 [7] - Conversely, if Bitcoin declines and investor confidence in Notcoin returns, it could find support at $0.000609, with a potential rebound lifting the price towards $0.000723 [8]
Pi Coin Price Rise May Slow Down As Investors’ Bullishness Saturates
Yahoo Finance· 2025-11-22 15:52
Core Insights - Pi Coin has experienced a recent upward momentum but is now facing a 5% pullback, indicating potential short-term resistance and saturation in buying activity [1] - The Chaikin Money Flow (CMF) has begun to decline after reaching 0.15, suggesting weakening capital inflows, with historical patterns indicating that movements above this level often lead to price reversals [2][3] - Despite the bearish sentiment, the Relative Strength Index (RSI) remains above the neutral line, indicating underlying resilience and sustained buying interest [6] Price Analysis - Pi Coin is currently trading at $0.241, just below the $0.246 resistance level, with a recent 5% drop reflecting short-term bearish pressure [8] - If buying strength continues to fade, Pi Coin may slip below the $0.234 support level or remain range-bound between $0.234 and $0.246 [8][9] - A rise in capital inflows could enable Pi Coin to break above the $0.246 resistance, potentially pushing the price to $0.250 and $0.260, which would restore short-term bullish momentum [10]