Arbitrum has broken the ascending channel in the daily time frame ARB price has dropped to the very important demand level of $0.7350-$0.7850. As you see in the chart, the price supported from this area before very well, and it grew more than 150%, so there is a possibility of support again.
Bearish candles are still strong, and if the price reaches below the current level, it means that the decline will continue and the possibility of the price moving towards the last available support, the $0.5000-$0.5300 area, will increase
TRUMP Memecoins Collapse Following Rumors Former President Gearing Up To Launch Official Coin.
However, no evidence has surfaced that links anyone in the Trump family to DJT, nor has the former president or his son made any statements regarding the coin.
According to Dexscreener, DJT quickly reached a market cap of nearly $467 million. However, at time of writing, the coin has dropped about 83% as doubt around the legitimacy of the project builds and is now sitting at a market cap of $82.8 million with only $47,000 in liquidity.
I have already alert in morning that market is not looking good and BTC took rejection many times at 72000. we are ignoring the dump.
well in picture you can see 4H Death cross is awaiting for another Dump and BTC successfully retest the resistance for further down. I suggest do not take any Long till dust settle down.
After reaching the resistance level of $0.3300-$0.3550 , #GRT started to decrease, and with more than 25% decrease, it has reached the support area of $0.2300 .
The price has left the ascending channel . The subsequent critical demand zone at $0.2 is vital to watch because it is known for its strong liquidity and history of catalyzing significant upward movements. Securing a strong rebound is essential to sustain support. Failure to rebound could intensify bearish momentum, worsening market sentiment, and potentially leading to further price declines.
I think there are some significant warning signs that people are ignoring right now. There’s a lot of complacency in the market and a lot of people are not prepared for a major flush down that could very well play out here over the next week or two.
Every single time we’ve come up here towards around $71,500 to around $72,500, this has been a range where we constantly get shot down.
the rejection that Bitcoin is facing at the level just below the all-time high is an indication of the presence of heavy selling pressure.
So that is a very big warning sign here that there are tons of whales – it’s not one player, most likely it’s probably a lot of participants in the market, who are offloading positions here, taking advantage of that ability to sell at a much higher price range.”