Cryptocurrency Analysis Archives - Coin Engineer

Bitcoin Approaches Key Resistance: New High Incoming?

Yigit Taha OZTURK — Mon, 21 Jul 2025 08:30:42 +0000

The crypto market might be on the verge of a new breakout. Recent price action suggests that Bitcoin could be leading another strong rally, as traders closely monitor critical support and resistance levels. This week may prove pivotal in shaping near-term market sentiment.

Support Reaction Followed by Resistance Break

The previously highlighted $116,390 support level acted as a solid launchpad for Bitcoin. The price responded impressively from this level and managed to break through the resistance range of $118,000 – $118,400. Following the breakout, the price reached the $119,000 target, reinforcing bullish expectations.

You Might Be Interested In: Sonic SVM Research: Can New Stablecoins Shake Up the Old Order?

All eyes are now on the $120,760 level. If this resistance is breached, we might witness an attempt at a new all-time high. Market participants are closely watching this development, as it could shift the overall sentiment not just for Bitcoin, but for the broader crypto landscape.

Cautious Optimism in the Altcoin Market

Meanwhile, Bitcoin dominance remains at a key support zone, while the Total2 index, which represents the altcoin market, is testing resistance. This contrast signals the need for cautious positioning in altcoins. Waiting for confirmation signals before entering long trades could be prudent.

BTC/USDT pair 4-hour chart

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Bitcoin Approaches Key Resistance: New High Incoming? appeared first on Coin Engineer.

Is A New Rally Beginning For ARK?

Yigit Taha OZTURK — Thu, 12 Jun 2025 13:43:01 +0000

Some altcoins are beginning to move silently but significantly in the crypto market. ARK is one of those assets drawing fresh attention after showing signs of strength from its support levels. Could this be the start of a larger move?

Reaction From Support Breaks Resistance

Recently, ARK bounced off the strong 0.37$ – 0.35$ support zone, attracting interest. Following this rebound, the price managed to break the 0.39$ resistance and climbed toward the 0.41$ – 0.40$ resistance area.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Currently, this zone is being tested, and a clear breakout hasn’t been confirmed yet. If it does happen with volume, the next target could be 0.43$.

Key Levels To Watch On Pullbacks

If the current resistance holds, the first level to monitor for a pullback is 0.39$. A deeper correction may lead prices back to the crucial 0.37$ – 0.35$ zone. This area remains vital for ARK in the short term.

ARK/USDT pair 4-hour chart.

As the technical outlook remains positive, long strategies may find opportunities around these key levels.

The post Is A New Rally Beginning For ARK? appeared first on Coin Engineer.

Bitcoin Struggles to Surpass $110,000: Key Data Explained

Yeliz Akmaca — Mon, 26 May 2025 08:20:26 +0000

Bitcoin Challenged $110,000, But Pulled Back

Bitcoin surged to $109,400 on Sunday. However, with declining market volume, it pulled back by 1.5%. The price dropped to $108,000, remaining below the critical resistance level of $110,000. The RSI indicator signaled overbought market conditions, creating pressure at the $110,000 level.

Although the price action technically maintains bullish consolidation, it showed that short-term upside potential is limited. BTC hit a record $106,100 on May 20 and has remained structurally strong by closing above this level. Coingecko data confirmed five consecutive daily closes above it.

Decline in Whale Transactions Puts Pressure on Bitcoin

Decreased liquidity and trading volume over the weekend slowed Bitcoin’s upward momentum. The 24-hour trading volume fell to $26 billion—down 70% from Thursday’s $75 billion peak. Whale trading volume dropped by 57.2% from $112.6 billion to $48.15 billion within two days.

This decline coincided with Bitcoin’s failure to break the $110,000 resistance, indicating selling pressure from whales. As whale volume fell below the 30-day moving average, BTC risks retesting the $106,000–$107,000 support levels.

Technical Analysis: Momentum Weakens

Bitcoin’s short-term outlook remains cautiously constructive. The price is holding above $106,000, now acting as strong support following last week’s rejection around $112,000. However, technical indicators suggest weakening momentum.

The Relative Strength Index (RSI) fell from 74 to 63.39, showing the market is no longer overheated but buying pressure has eased. As a result, investors are expecting a sideways consolidation rather than a breakout. Also, the MACD histogram is flattening, with the MACD line just above the signal line. This suggests bullish momentum is fading, though a bearish reversal hasn’t occurred yet. A renewed bullish move could emerge, but if weakness continues, it may shift into a bearish divergence.

Another key metric is BTC holding above its 5-day SMA ($107,856) and 13-day SMA ($106,216). Maintaining these levels highlights the critical importance of the $106,000 support zone. Otherwise, a drop to the $104,000–$105,000 range becomes more likely. Volume remains at 14.03K BTC, and investors are waiting for stronger buy signals for Bitcoin to surpass $110,000.

***NOT INVESTMENT ADVICE***

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Bitcoin Struggles to Surpass $110,000: Key Data Explained appeared first on Coin Engineer.

Is PI Coin Making a Comeback? 20% Surge in the Last Two Days!

Yigit Taha OZTURK — Sun, 23 Mar 2025 16:00:09 +0000

Pi Network (PI) has broken its prolonged downtrend with a sharp recovery, regaining attention in the crypto market. In the last 48 hours, PI surged by 19.6%, bouncing from $0.86 to $1.01. This price action raises questions: is this a temporary spike or the start of a new uptrend?

What Are the Technical Indicators Saying?

Currently, PI Coin is trading below its 50-day Exponential Moving Average (EMA) at $1.2213. Analysts note that the $1.10 resistance level needs to be decisively breached before a sustained upward trend can be confirmed. If that happens, the next price targets could be $1.22 and $1.35.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

However, if the momentum fades, the price could pull back to $0.86 or even test the lower support at $0.64.

PI/USDT 1-hour chart.

Why Has the Binance Listing Been Delayed?

Despite 86% support in Binance’s community poll, PI Coin has yet to be listed. Industry experts point to ongoing concerns about Pi Network’s blockchain maturity, security, and scalability. These unresolved issues may be holding Binance back from a formal listing.

Key Factors Driving Volatility

Ongoing uncertainty over Binance listing is undermining investor confidence.
Unverified token burn rumors are causing market confusion.
Tight monetary policy from the Fed is constraining liquidity and pressuring risk assets.
Token losses during the network migration process have triggered an increase in user complaints and dissatisfaction.

Analyst Insights

Market commentators warn that PI Coin remains a highly speculative asset. Without a clear development roadmap and significant technological milestones, its price action is heavily reliant on market sentiment. Unless Pi Network accelerates its development and secures major exchange listings, PI Coin’s long-term potential may remain limited.

The post Is PI Coin Making a Comeback? 20% Surge in the Last Two Days! appeared first on Coin Engineer.

UNI Tests the Downtrend Resistance! Will a Breakout Happen?

Yigit Taha OZTURK — Thu, 20 Mar 2025 10:00:25 +0000

UNI has recently climbed up to the resistance line of its long-term descending trend on the daily chart. However, the price is currently facing selling pressure at this zone. After getting rejected from the trendline, buyers appear to be weak at this stage.

If a strong buying wave doesn’t emerge soon, UNI could see a short-term pullback towards the $6.30 support level. If buyers fail to defend this key zone, the price risks revisiting the previously tested support area at $5.51.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

What If UNI Breaks the Trend?

On the other hand, if UNI manages to break above the descending trendline with strong volume, the first target would be around $8.50, which aligns with the Fair Value Gap (FVG) zone. This level could act as strong resistance due to past price imbalances.

If $8.50 is successfully cleared, UNI may initiate a new bullish wave towards the $10.00 level.

UNI/USDT daily chart.

What to Watch Out For!

During trend breakouts, an increase in trading volume is often a key indicator of the sustainability of the move. Breakouts that lack volume may turn out to be false signals, leading to potential bull traps. We recommend closely monitoring market conditions and volume data when managing your positions!

The post UNI Tests the Downtrend Resistance! Will a Breakout Happen? appeared first on Coin Engineer.

TIA Analysis Update: 20% Increase and New Targets!

Yigit Taha OZTURK — Wed, 12 Mar 2025 14:00:04 +0000

Recently, TIA price movements have been closely watched by investors. In our analysis shared yesterday, we mentioned that if the 2.97$ level was broken, the 3.31$ level could be targeted. After breaking this level, TIA experienced an approximate 20% increase and is currently testing the resistance of the rising trend. This strong movement shows that the interest in TIA among market participants is growing, and the price has the potential to rise even further.

After the increase, with the 2.97$ level being broken, TIA gained momentum, and investors are now focusing on targeting the 3.31$ level. This makes the potential for TIA to climb to new highs even more attractive. However, the most important factor to consider at the current levels is the direction of TIA‘s price movements. If the rising trend continues and support levels are maintained, higher levels like 3.70$ could be targeted.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

If the Rising Trend Is Gained, 3.70$ Could Be Targeted!

If TIA manages to close above the current rising trend, 3.70$ will be the next target level. Reaching this level could provide a significant opportunity for TIA investors. However, investors should stay cautious and manage their risks by considering current market conditions. The strong movements seen in technical analysis indicate that TIA has the potential to continue its rise. On the other hand, it is important to be prepared for short-term fluctuations and implement risk management strategies, as this will help investors navigate the volatility in the market.

The post TIA Analysis Update: 20% Increase and New Targets! appeared first on Coin Engineer.

XRP Price at Critical Levels: Will the Rally Continue?

Yigit Taha OZTURK — Tue, 11 Mar 2025 16:30:22 +0000

XRP has been drawing attention with its recent price movements and is currently trading at critical levels. After its recent rise, it faced rejection from a downward FVG area, leading to a significant pullback. This decline found support at the $2 level, where investors have started buying. So, is a sustained recovery possible at this level, or is a new downtrend coming?

Recently, after the buying pressure from the $2 support, XRP rose to the $2.11 level. However, the direction in which XRP will move from here depends on a few critical resistance and support levels. If the $2.78 level is breached, the price could potentially rise further. Meanwhile, the downward FVG area will act as the next resistance point.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

On the other hand, if the $2 support is lost, XRP might head toward new support levels. In this case, the upward FVG area would emerge as the closest support zone where the price could potentially bounce back.

XRP/USDT daily chart.

The most important levels for investors to watch will be the $2 support and $2.78 resistance. Price movements around these levels could be decisive for short-term strategies and buy/sell decisions.

These critical levels and possible price movements in XRP can significantly influence investor decisions. By correctly analyzing the market dynamics, there will be opportunities for short-term gains.

The post XRP Price at Critical Levels: Will the Rally Continue? appeared first on Coin Engineer.

TIA at Critical Levels: Is Selling Pressure Increasing?

Yigit Taha OZTURK — Tue, 11 Mar 2025 15:00:34 +0000

TIA, one of the prominent assets in the cryptocurrency market, saw a sharp decline of approximately 22% after breaking the rising trendline on the 4-hour chart. Following this steep drop, TIA is currently trading around $2.94, moving within critical levels in the short term.

In the recent hours, TIA rebounded from the $2.63 support level with buying pressure, gaining strong upward momentum and climbing to the $2.97 resistance level. This level stands out as a crucial resistance area from the current trend perspective. If the price manages to hold above $2.97, the Fair Value Gap (FVG) zone in the upper region may come into focus. Should this area be surpassed, the next resistance point at $3.31 could be targeted.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

However, if selling pressure increases at the $2.97 resistance and the price fails to break through, the price may revisit the $2.63 support level initially. If this support is lost, the decline could extend further towards $2.35.

TIA/USDT 4-Hour Chart

The current market structure indicates important support and resistance zones that investors should pay attention to in the short term. It is crucial for investors to closely monitor price movements at the $2.97 resistance and any potential reactions at the $2.63 support.

The post TIA at Critical Levels: Is Selling Pressure Increasing? appeared first on Coin Engineer.

The Latest on Bitcoin and Cryptocurrencies: 2 March

Yigit Taha OZTURK — Sun, 02 Mar 2025 13:00:34 +0000

What are the key support and resistance levels? How is liquidation shaping up, which coins are the top gainers and losers, and what upcoming events should investors watch? We have compiled all the details for you!

Bitcoin Key Intraday Levels

The BTC/USD pair has gained 1.79% in the last 24 hours and is currently trading at $85,964. After losing the $92,053 support level, Bitcoin (BTC) retested the area and continued its decline. For BTC to resume its upward movement, it needs to close above the $86,861 resistance level. The key support level to watch is the FVG zone.

BTC/USD daily chart.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Ethereum (ETH): The ETH/USDT pair has gained 2.87% in the last 24 hours and is currently trading at $2,239. Resistance levels for Ethereum (ETH) are $2,366 first, followed by $2,532. Key support levels are at $2,162 and $2,081.

Grass (GRASS): The GRASS/USDT pair has surged 9.72% in the last 24 hours and is currently trading at $2.5115. Resistance levels for GRASS are $2.5765, followed by $2.7211. Support zones to watch are $2.3678, and if the decline deepens, $2.2643.

Zcash (ZEC): The ZEC/USDT pair has gained 7.92% in the last 24 hours and is now trading at $40.02. Resistance levels for Zcash (ZEC) are at $40.93, followed by $44.26. Support areas include $37.88, with $34.98 as a deeper support level.

NEAR Protocol (NEAR): The NEAR/USDT pair has increased 6.00% in the last 24 hours and is currently trading at $3.253. Resistance levels for NEAR are $3.606, followed by $3.874. Support areas are $3.130, with $2.718 as a deeper support level if the decline continues.

Trending Coins

Over the past 24 hours, the most trending coins in the crypto market include Sonic (S), Hedera (HBAR), and TARS AI (TAI).

The top gainers list features GoPlus Security (GPS), Amp (AMP), and Grass (GRASS).

On the top losers list, MEOW (MEOW), Fartcoin (FARTCOIN), and Dog (DOG) are the biggest decliners.

Bitcoin Liquidation Map

Looking at Bitcoin’s 12-hour liquidation map, the most notable upper-side liquidation stands at $86,668 with $53.92 million. On the lower side, $84,948 holds the same liquidation level of $53.92 million.

The post The Latest on Bitcoin and Cryptocurrencies: 2 March appeared first on Coin Engineer.

XRP Analysis: Is It Preparing for New Highs with ETF News?

Yigit Taha OZTURK — Fri, 14 Feb 2025 14:00:54 +0000

XRP has recently entered a strong uptrend driven by ETF rumors. The price surged from $2.50 levels to $2.80 levels in a short period. One of the most critical points in this rally will be breaking the $2.78 resistance. If this level is surpassed, the psychological barrier at $3.00 could be tested. With stronger momentum, the next major resistance level stands at $3.15.

However, if the $2.78 resistance cannot be broken, XRP is expected to find support at $2.52. Maintaining this level is crucial for the continuation of the uptrend. Technical analysis shows that XRP is gradually forming an uptrend. Additionally, the proper alignment of EMA levels supports a bullish outlook, making this a positive sign for further gains.

SEC Approves Modification for Grayscale Spot XRP ETF!

One of the most significant developments for XRP is the SEC‘s approval of the modification request for the Grayscale Spot XRP ETF. This news could increase institutional interest in XRP and have a positive impact on its price. While ETF rumors enhance investor confidence, they may also trigger a new wave of momentum in XRP’s price movement.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Key Levels in XRP Technical Analysis

If the $2.78 resistance is broken, $3.00 and $3.15 levels could come into play. At this stage, staying above $2.78 will be crucial for the continuation of the bullish trend. However, if $2.78 is not surpassed, a pullback could lead XRP to test the $2.52 support level, which is expected to act as a strong base.

Additionally, XRP is slowly forming an uptrend. Technical indicators are giving positive signals, and the bullish alignment of EMA levels further strengthens the upward expectation, highlighting a strong potential for further gains.

The post XRP Analysis: Is It Preparing for New Highs with ETF News? appeared first on Coin Engineer.