The price surged 28% to $2.61, almost testing the downtrend line that characterizes the sell-off from the Jan. 2 record high of around $5.25, data tracked by TradingView and CoinDesk show.

However, this EWP count does require confirmation by price breaking above the downtrend line it has been under since December 16 (see the blue arrows) followed by a move above the (blue ...

Shiba Inu (SHIB) is currently losing its status as one of the top memecoins in the crypto market. It is yet to break out of its downtrend despite the small positive momentum in the general market.

One of the key milestones in this recovery was BNB’s ability to move above the $675 level, which coincided with breaking a downtrend line on its hourly chart. This move was further supported by the ...

ETH holds $3,131 support; losing it risks a fall to $3,028. Breaking the downtrend line could push Ethereum to $3,500. promo Ethereum (ETH) has been in a consistent downtrend since the start of the ...

Sellers are gaining control as ADX rises to 21.5, showing strong trend strength in Ethereum's downtrend. Whale wallets holding 1,000 ETH or more rose to 5,685, reflecting increased accumulation and ...

Topline Securities noted that the downtrend was primarily attributed to consistent selling pressure from banks, dampening market sentiment and leading to a bearish tone. Investors maintained a ...