Sunday, August 24, 2025
cryptonews100
No Result
View All Result
CryptoNews100
No Result
View All Result
Home Alt Coins Chainlink

Trader Says All Eyes on One Bitcoin Level After BTC Loses Critical Support Line, Updates Outlook on Cardano and Three Other Altcoins

cryptonews100_tggfrn by cryptonews100_tggfrn
August 1, 2025
in Chainlink
0
Trader Says All Eyes on One Bitcoin Level After BTC Loses Critical Support Line, Updates Outlook on Cardano and Three Other Altcoins
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
Sign up an get up to $1000 USDT!


A carefully adopted crypto analyst says that one metric suggests Bitcoin (BTC) could decline to underneath $110,000 after dropping a key assist stage.

In a brand new thread, crypto dealer Ali Martinez tells his 145,400 followers on the social media platform X that Bitcoin could decline greater than 7% from its present worth because the flagship crypto asset declines together with the broader monetary markets.

The crypto analyst appears to be like on the Unspent Transaction Output (UTXO) Realized Worth Distribution (URPD) mannequin to find out the important thing assist ranges. The UTXO retains monitor of the variety of present cash that final moved inside a given worth vary.

“Bitcoin has misplaced the vital $116,950 assist. All eyes now on the subsequent main stage at $107,000.”

Image
Supply: Ali Martinez/X

Bitcoin is buying and selling for $115,156 at time of writing, down 2.6% within the final 24 hours.

Subsequent up, the analyst says that Ethereum (ETH) rival Cardano (ADA) could also be printing an identical bull sample from 2020-2021 and ultimately improve to greater than $5.

“Cardano is displaying the identical worth construction because the final cycle, solely this time, it’s unfolding extra step by step. And it seems like we’re proper firstly of an explosive transfer.”

Image
Supply: Ali Martinez/X

ADA is buying and selling for $0.73 at time of writing, down 3.8% within the final 24 hours.

decentralized oracle community Chainlink, the analyst predicts that LINK will improve to round $44.50 earlier than the 12 months’s finish because it stays buying and selling inside the bounds of a bullish ascending channel.

“So long as Chainlink holds above the $13 assist stage, the bullish outlook stays intact. No motive to be bearish simply but.”

Image
Supply: Ali Martinez/X

LINK is buying and selling for $16.68 at time of writing, down 5.1% on the day.

Subsequent up, the analyst warns that peer-to-peer file storage community Filecoin (FIL) could plummet in worth after dropping key assist ranges on the three-day chart.

“Filecoin seems to be breaking out of a channel, probably eyeing a transfer to $0.89.”

Image
Supply: Ali Martinez/X

FIL is buying and selling for $2.36 at time of writing, down 4.6% within the final 24 hours.

Lastly, the analyst warns that Pepe (PEPE) could have a large correction if the memecoin fails to reclaim a key stage as assist.

“PEPE must reclaim $0.0000118 as assist to keep away from a possible drop to $0.0000097!”

Image
Supply: Ali Martinez/X

PEPE is buying and selling for $0.00001072 at time of writing, down 4.6% on the day.

Observe us on X, Facebook and Telegram

Do not Miss a Beat – Subscribe to get e-mail alerts delivered on to your inbox

Verify Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Day by day Hodl will not be funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal threat, and any losses you might incur are your accountability. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Day by day Hodl an funding advisor. Please notice that The Day by day Hodl participates in affiliate internet marketing.

Featured Picture: Shutterstock/Salamahin/Kiselev Andrey Valerevich



Source link

Related articles

Best Long Term Crypto for 2025: BlockDAG’s 2,660% Gains Beat Cardano and Chainlink Price Forecasts

Best Long Term Crypto for 2025: BlockDAG’s 2,660% Gains Beat Cardano and Chainlink Price Forecasts

August 23, 2025

LINK Price Prediction: Chainlink Eyes $28.50 Target as Bulls Test Critical $26.48 Resistance

August 23, 2025
Tags: AltcoinsBitcoinBTCCardanocriticaleyesLevelLineLosesoutlooksupporttraderUpdates
Share76Tweet47
Drive and walk to earn crypto!

Related Posts

Best Long Term Crypto for 2025: BlockDAG’s 2,660% Gains Beat Cardano and Chainlink Price Forecasts

Best Long Term Crypto for 2025: BlockDAG’s 2,660% Gains Beat Cardano and Chainlink Price Forecasts

by cryptonews100_tggfrn
August 23, 2025
0

Disclaimer: It is a Press Launch supplied by a 3rd celebration who's accountable for the content material. Please conduct your...

LINK Price Prediction: Chainlink Eyes $28.50 Target as Bulls Test Critical $26.48 Resistance

by cryptonews100_tggfrn
August 23, 2025
0

Felix Pinkston Aug 23, 2025 10:51 LINK worth prediction exhibits potential rally to $28.50 inside two...

AI Token Buzz Behind Bitcoin Swift (BTC3) Rises as Bittensor and Chainlink Capture Headlines

AI Token Buzz Behind Bitcoin Swift (BTC3) Rises as Bittensor and Chainlink Capture Headlines

by cryptonews100_tggfrn
August 23, 2025
0

Commercial &nbsp &nbsp Disclaimer: The beneath article is sponsored, and the views in it don't signify these of ZyCrypto....

Chainlink (LINK) Bull Trend: @CryptoMichNL Calls $6 a Lifetime Opportunity, Eyes New ATHs in the Coming Year — Key Trading Takeaways | Flash News Detail

by cryptonews100_tggfrn
August 23, 2025
0

Chainlink (LINK) is exhibiting exceptional energy in the cryptocurrency market, drawing consideration from seasoned merchants and buyers alike. In accordance...

Why is the crypto market down today? (Aug. 22)

Why is the crypto market down today? (Aug. 22)

by cryptonews100_tggfrn
August 22, 2025
0

The crypto market is down immediately, August 22, as sentiment wanes and members await Federal Reserve chair Jerome Powell’s speech...

Load More

Crypto Fear & Greed Index

Latest Crypto Fear & Greed Index

Recent News

Polygon, XRP & MAGACOIN FINANCE Predicted for 25x Gains by Analysts

Polygon, XRP & MAGACOIN FINANCE Predicted for 25x Gains by Analysts

August 24, 2025
4 Top Coins To Watch In 2025 Including BlockDAG

4 Top Coins To Watch In 2025 Including BlockDAG

August 24, 2025
Flipflop Launches 30 Projects, Introducing A Bitcoin-Inspired Launchpad On Solana

Flipflop Launches 30 Projects, Introducing A Bitcoin-Inspired Launchpad On Solana

August 24, 2025

Categories

  • Bitcoin
  • Cardano
  • Chainlink
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • Exchanges
  • Pokadot
  • Polygon
  • Real World Assets
  • Shiba Inu
  • Solana
  • sui
  • World Liberty Financial
  • XRP

Download the official CryptoNews100 Android App! Click the button below:

Tags

ADA (183) Analyst (63) Bitcoin (617) Breakout (78) BTC (159) bullish (98) Buy (145) Cardano (326) ChainLink (248) coin (67) crypto (479) Cryptocurrency (311) DOGE (141) Dogecoin (334) ETF (116) ETH (178) Ethereum (370) eyes (72) gains (71) Heres (75) high (71) hit (63) hits (71) Inu (254) key (72) launches (73) Link (116) market (139) million (76) Mining (80) News (235) prediction (116) price (513) rally (144) Ripple (80) SHIB (135) Shiba (266) Solana (118) Surge (88) Surges (74) today (91) top (107) TradingView (72) Trump (68) XRP (499)

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Alt Coins
    • Cardano
    • Dogecoin
    • Litecoin
    • Pokadot
    • Polygon
    • Shiba Inu
    • Solana
    • XRP
  • Crypto Related DEALS

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.