price movement Archives - Coin Engineer

Bitcoin Drops Sharply: Market Signals A Correction Phase

Yigit Taha OZTURK — Mon, 14 Jul 2025 08:00:57 +0000

In the last 24 hours, the crypto market saw intense volatility, with Bitcoin leading the decline. This sharp move also triggered significant pullbacks in altcoins, shaking investor confidence.

Sideways Expectation Shattered By Strong Selling

The market was initially expecting a period of sideways action due to Tether Dominance being squeezed between key support and resistance zones. However, contrary to expectations, a wave of strong selling hit the market, driving Bitcoin lower.

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

From a technical perspective, further downside pressure is likely in the short term. The price is approaching the $115,202 – $113,766 zone, which contains a Fair Value Gap (FVG). This area is seen as a potential support zone. If filled successfully, it could serve as a base for an upward rebound.

Resistance Zone Now In Focus

Should buyers regain control and market sentiment stabilize, Bitcoin could aim for a recovery. The next key resistance levels are located at $121,396 – $120,494. A breakout above this region would improve technical momentum and potentially signal a reversal.

Despite the uncertainty, traders are advised to closely monitor these levels. Both support and resistance areas will play a crucial role in shaping upcoming price action.

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 Drops Sharply: Market Signals A Correction Phase appeared first on Coin Engineer.

Bitcoin Gains Momentum: Is a New All-Time High Coming?

Yigit Taha OZTURK — Fri, 11 Jul 2025 11:00:16 +0000

Markets are heating up again, and all eyes are on Bitcoin, which had been moving sideways within a narrow range for weeks. Investors looking for a breakout finally got what they were waiting for.

As previously highlighted, the 110,500 – 109,809 dollar range marked a critical FVG (fair value gap) zone. This area has now proven to be a reliable support, triggering a strong upward move. Bitcoin reacted exactly as anticipated, launching a solid bullish trend.

Strong Momentum Signals Potential ATH

This is more than just a temporary bounce. The current surge is backed by solid momentum, with technical indicators and trading volume pointing towards continued strength. With this pace, a series of new all-time highs (ATH) may be on the horizon in the coming days.

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

Key Support to Watch

If there’s a correction ahead, the next reliable support lies between 114,380 and 113,800 dollars. Holding this level is crucial for maintaining the current bullish trend. As long as Bitcoin stays above it, the outlook remains positive.

BTC/USD pair 4-hour chart.

The post Bitcoin Gains Momentum: Is a New All-Time High Coming? appeared first on Coin Engineer.

Bubblemaps (BMT) Faces Resistance Test: Market Awaits a Breakout

Yigit Taha OZTURK — Thu, 12 Jun 2025 11:45:29 +0000

Bubblemaps, one of the more talked-about altcoins in recent weeks, has reached a technically significant level on the 4-hour chart. After rebounding from a strong support area, the token is now testing a key resistance zone. The outcome may determine its short-term direction.

Strong Bounce From Support, But Resistance Holds

BMT saw a notable bounce from the $0.089 – $0.086 support zone, propelling the price upward toward the $0.115 – $0.106 resistance range.

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

At this stage, however, the price appears to be facing rejection from this resistance. If it fails to break above this level decisively, a pullback toward the $0.089 – $0.086 support zone remains a likely scenario.

Breakout Could Open Path to $0.121

If the resistance is broken with significant volume, Bubblemaps could target the $0.121 level as the next upside move. This area appears to lack substantial resistance, suggesting that a strong breakout could be followed by rapid price movement.

Still, if the current support is lost, the next key level to watch would be around $0.080. This zone may serve as a critical short-term defense for holders and traders alike.

BMT/USDT pair 4-hour chart.

The post Bubblemaps (BMT) Faces Resistance Test: Market Awaits a Breakout appeared first on Coin Engineer.

Bitcoin Near Resistance: Will The Rally Begin?

Yigit Taha OZTURK — Thu, 29 May 2025 12:30:21 +0000

The crypto market is once again heating up, and Bitcoin stands at the center of attention. After losing a key bullish FVG zone, the price retreated all the way to the 106,506 dollar support level, where buyers stepped in strongly. The resulting rebound has now pushed the asset back to a crucial resistance zone between 107,972 and 108,725 dollars.

Can Bitcoin Break Through Resistance?

This area has previously served as a pivotal turning point, where price action reversed direction. Unless Bitcoin closes convincingly above 108,725 dollars, there remains a tangible risk of another pullback toward the 106,506 dollar support.

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

With trading volume on the rise, a breakout above this resistance range could trigger a renewed rally. However, if momentum weakens, the market may see renewed downward pressure and a continuation of the range-bound movement.

Eyes On 110,000 And Beyond

Should the resistance give way, short-term targets between 110,800 and 112,300 dollars may come into play. Still, this scenario requires strong bullish volume and minimal profit-taking pressure.

BTC/USDT pair 4-hour chart.

Investors are closely watching how the price reacts to this zone. Confirmation through closing levels will be key to anticipating the next major move.

The post Bitcoin Near Resistance: Will The Rally Begin? appeared first on Coin Engineer.

Trump Coin Shows Strong Rebound After Losing Key Support

Yigit Taha OZTURK — Wed, 14 May 2025 14:30:00 +0000

The crypto market never lacks surprises, especially when it comes to tokens linked to high-profile figures. Trump Coin has recently grabbed attention again, showing impressive price action around a critical support zone.

Sharp Rebound After Losing 13$ Support

Our previous analysis indicated a key support level between 13.45$ – 13$, which was broken downward. Following that move, Trump Coin began approaching the targeted 12.10$ – 11.30$ region. Yet, without fully touching this zone, it bounced back with strong momentum, signaling bullish intent.

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

The rebound led to a recovery of the resistance level, pushing the price toward the 14$ mark. Should this level be broken decisively, the next target on the radar is 15.50$. This implies a potential upward move of 13%, offering short-term opportunities for traders.

Traders Watching 15.50$ Target

For short-term investors, the 14$ level serves as a crucial resistance. A breakout here could mark the beginning of a new uptrend for Trump Coin. Technical indicators are beginning to reflect this bullish potential with increasing conviction.

TRUMP/USDT pair hourly 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 Trump Coin Shows Strong Rebound After Losing Key Support appeared first on Coin Engineer.

XRP At A Critical Zone: Will The Rally Begin Or Sell-Off Deepen?

Yigit Taha OZTURK — Tue, 13 May 2025 18:00:43 +0000

In crypto trading, some price levels carry both technical and psychological weight. XRP is currently hovering within such a level — a bullish Fair Value Gap (FVG) zone on the hourly chart. What happens next could set the tone for the near term.

This FVG zone previously marked a strong area of buyer interest. Once again, XRP finds itself testing this zone, and traders are watching closely for signs of continuation or rejection.

2.65$ Resistance In Sight

If XRP manages to hold above the current FVG support, the next likely target is 2.65$. A sustained move higher could signal renewed bullish momentum and open the door for a more optimistic short-term outlook.

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

Strong buying volume could push the price steadily toward this resistance level.

Beware Of The 2.46$ Support

On the flip side, if XRP fails to hold the FVG support zone, the first downside level to watch is 2.46$. A breakdown below this mark could indicate growing bearish pressure and a broader correction ahead.

XRP/USDT pair hourly chart.

For now, monitoring how price reacts in this zone — particularly with respect to volume — is essential for anticipating the next move.

The post XRP At A Critical Zone: Will The Rally Begin Or Sell-Off Deepen? appeared first on Coin Engineer.

Bitcoin Rejected at $95,632: Is a Pullback to $86,600 on the Horizon?

Yigit Taha OZTURK — Wed, 30 Apr 2025 15:00:27 +0000

Bitcoin faced a strong rejection at the $95,632 resistance level, triggering a price pullback amid selling pressure. This level has emerged as a key short-term resistance zone, where increased sell orders have pushed the price downward. The rejection came with notable trading volume, indicating short-term profit-taking by investors.

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

In the case of a continued retracement, the first major support is expected around the Fair Value Gap (FVG) zone — a region often filled by buy-side orders. If this area fails to hold, the price could potentially fall further toward the next support at $86,600.

What If the Resistance Breaks?

On the flip side, if $95,632 is broken with strong volume, the next psychological and technical target will be the $100,000 level. This area represents not only a round-number milestone but also a zone likely to attract media and investor attention. A convincing breakout could accelerate bullish momentum significantly.

BTC/USD pair daily chart.

Traders should remain cautious and closely monitor volume and price action at these key levels. In volatile markets, technical thresholds often act as decision points for both institutional and retail players.

The post Bitcoin Rejected at $95,632: Is a Pullback to $86,600 on the Horizon? appeared first on Coin Engineer.

FET Shows Bullish Momentum: Is $1 the Next Target?

Yigit Taha OZTURK — Thu, 24 Apr 2025 15:00:34 +0000

Fetch.ai (FET) is showing signs of a strong bullish trend. The key resistance at $0.57 has been broken, and the price continues to move steadily toward the next major resistance at $0.78. This level is seen as a potential breakout point that could trigger further upside momentum.

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

If $0.78 is broken with strong volume, a rally towards $1 appears increasingly likely — signaling renewed investor confidence and potential for mid-term gains.

Correction Risk If Support Fails

On the downside, if FET faces rejection near current levels and loses the $0.57 support, a correction down to $0.50 may occur. This would mark a temporary loss of bullish momentum and open the door for consolidation before any further move.

FET/USDT pair daily chart.

Traders should watch both resistance and support zones carefully, as price action around these levels will determine the short-term direction.

The post FET Shows Bullish Momentum: Is $1 the Next Target? appeared first on Coin Engineer.

XRP Uptrend Broken! Where Is the Support Zone?

Yigit Taha OZTURK — Fri, 28 Mar 2025 12:30:30 +0000

As cryptocurrency market fluctuations continue, XRP is experiencing sharp movements. After breaking the minor uptrend, XRP saw a significant decline, dropping to the $2.22 support level. While it seems to have bounced slightly from this level, the overall market structure suggests that the downtrend may continue.

Key Support and Resistance Levels

From a technical analysis perspective, if the $2.22 level is breached, the price is expected to decline further toward the next support at $2.13. This zone forms a strong support area in the short term. However, if this level is also broken, XRP may face even larger losses.

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

On the other hand, if the price moves upward again, downward FVG (Fair Value Gap) areas will act as key resistance levels. Breaking these resistances could help XRP recover. However, given the ongoing market uncertainty, caution is advised.

XRP/USDT pair 4-hour chart.

Bitcoin’s Movement Could Impact XRP!

The primary determining factor in the market remains Bitcoin’s price action. If Bitcoin’s decline deepens, the selling pressure on XRP may also increase. This situation calls for extra caution from investors.

The post XRP Uptrend Broken! Where Is the Support Zone? appeared first on Coin Engineer.

TRX Continues Horizontal Movement: What Are the Key Levels?

Yigit Taha OZTURK — Mon, 24 Feb 2025 18:00:37 +0000

The TRX/USDT pair is showing quite a horizontal movement on the 4-hour chart. This suggests that the price is consolidating within a range, possibly preparing for a larger move. Currently, the $0.25 level can be seen as the first resistance point for the pair’s potential upward movement. If the price manages to break through this level, the next resistance will be at the order block region above. This area could act as a critical barrier for the pair’s continued rise.

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

On the other hand, in the event of a potential downtrend, the FVG (fair value gap) region could be considered as the first support level. If the price falls below this region, a pullback towards $0.23 could be expected. These levels are crucial for TRX/USDT investors, providing key decision points. Traders can shape their strategies by closely monitoring how the price reacts to these levels.

TRX/USDT 4-Hour Chart

These critical levels present opportunities for investors to evaluate potential price movements and make informed decisions.

The post TRX Continues Horizontal Movement: What Are the Key Levels? appeared first on Coin Engineer.