• bitcoinBitcoin (BTC) $ 84,464.00
  • ethereumEthereum (ETH) $ 1,621.17
  • tetherTether (USDT) $ 0.999749
  • xrpXRP (XRP) $ 2.13
  • bnbBNB (BNB) $ 588.12
  • solanaSolana (SOL) $ 132.66
  • usd-coinUSDC (USDC) $ 0.999899
  • dogecoinDogecoin (DOGE) $ 0.165165
  • tronTRON (TRX) $ 0.255887
  • cardanoCardano (ADA) $ 0.642067
  • staked-etherLido Staked Ether (STETH) $ 1,620.83
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 84,359.00
  • leo-tokenLEO Token (LEO) $ 9.38
  • avalanche-2Avalanche (AVAX) $ 19.88
  • chainlinkChainlink (LINK) $ 12.69
  • stellarStellar (XLM) $ 0.240473
  • suiSui (SUI) $ 2.27
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • usdsUSDS (USDS) $ 0.999924
  • hedera-hashgraphHedera (HBAR) $ 0.168434
  • the-open-networkToncoin (TON) $ 2.83
  • wrapped-stethWrapped stETH (WSTETH) $ 1,944.59
  • bitcoin-cashBitcoin Cash (BCH) $ 343.69
  • litecoinLitecoin (LTC) $ 78.13
  • polkadotPolkadot (DOT) $ 3.69
  • hyperliquidHyperliquid (HYPE) $ 15.87
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999827
  • bitget-tokenBitget Token (BGB) $ 4.28
  • pi-networkPi Network (PI) $ 0.749364
  • ethena-usdeEthena USDe (USDE) $ 0.998790
  • wethWETH (WETH) $ 1,621.61
  • whitebitWhiteBIT Coin (WBT) $ 27.84
  • moneroMonero (XMR) $ 207.26
  • wrapped-eethWrapped eETH (WEETH) $ 1,725.41
  • uniswapUniswap (UNI) $ 5.41
  • okbOKB (OKB) $ 53.00
  • daiDai (DAI) $ 1.00
  • pepePepe (PEPE) $ 0.000007
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 84,571.00
  • aptosAptos (APT) $ 4.91
  • ondo-financeOndo (ONDO) $ 0.873734
  • gatechain-tokenGate (GT) $ 22.39
  • tokenize-xchangeTokenize Xchange (TKX) $ 33.74
  • nearNEAR Protocol (NEAR) $ 2.11
  • susdssUSDS (SUSDS) $ 1.05
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • internet-computerInternet Computer (ICP) $ 5.02
  • crypto-com-chainCronos (CRO) $ 0.085787
  • ethereum-classicEthereum Classic (ETC) $ 15.41
  • mantleMantle (MNT) $ 0.692878
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.16
  • aaveAave (AAVE) $ 141.07
  • bittensorBittensor (TAO) $ 242.91
  • render-tokenRender (RENDER) $ 3.89
  • vechainVeChain (VET) $ 0.022815
  • kaspaKaspa (KAS) $ 0.073704
  • cosmosCosmos Hub (ATOM) $ 4.14
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 84,428.00
  • fasttokenFasttoken (FTN) $ 4.05
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998055
  • ethenaEthena (ENA) $ 0.308339
  • official-trumpOfficial Trump (TRUMP) $ 8.34
  • filecoinFilecoin (FIL) $ 2.54
  • algorandAlgorand (ALGO) $ 0.188397
  • sonic-3Sonic (prev. FTM) (S) $ 0.499953
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.183286
  • celestiaCelestia (TIA) $ 2.48
  • arbitrumArbitrum (ARB) $ 0.301039
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 3.81
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 84,291.00
  • kucoin-sharesKuCoin (KCS) $ 10.40
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.489333
  • xdce-crowd-saleXDC Network (XDC) $ 0.078678
  • makerMaker (MKR) $ 1,381.83
  • flare-networksFlare (FLR) $ 0.018113
  • optimismOptimism (OP) $ 0.669256
  • jupiter-exchange-solanaJupiter (JUP) $ 0.388959
  • binance-staked-solBinance Staked SOL (BNSOL) $ 138.40
  • story-2Story (IP) $ 3.94
  • usdt0USDT0 (USDT0) $ 0.999443
  • nexoNEXO (NEXO) $ 1.03
  • bonkBonk (BONK) $ 0.000013
  • binance-peg-wethBinance-Peg WETH (WETH) $ 1,621.49
  • eosEOS (EOS) $ 0.620851
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 1,696.44
  • worldcoin-wldWorldcoin (WLD) $ 0.749723
  • blockstackStacks (STX) $ 0.614892
  • sei-networkSei (SEI) $ 0.174328
  • dexeDeXe (DEXE) $ 14.84
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • fartcoinFartcoin (FARTCOIN) $ 0.845372
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999702
  • tether-goldTether Gold (XAUT) $ 3,245.31
  • injective-protocolInjective (INJ) $ 8.12
  • rocket-pool-ethRocket Pool ETH (RETH) $ 1,829.66
  • curve-dao-tokenCurve DAO (CRV) $ 0.591492
  • mantra-daoMANTRA (OM) $ 0.776129
  • solv-protocol-solvbtc-bbnSolv Protocol xSolvBTC (XSOLVBTC) $ 84,607.00
  • the-graphThe Graph (GRT) $ 0.078827
  • immutable-xImmutable (IMX) $ 0.417002
  • jasmycoinJasmyCoin (JASMY) $ 0.015264
  • movementMovement (MOVE) $ 0.302074
  • wbnbWrapped BNB (WBNB) $ 588.42
  • pax-goldPAX Gold (PAXG) $ 3,248.05
  • usual-usdUsual USD (USD0) $ 0.997796
  • theta-tokenTheta Network (THETA) $ 0.708907
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 84,328.00
  • chain-2Onyxcoin (XCN) $ 0.020095
  • heliumHelium (HNT) $ 3.70
  • lido-daoLido DAO (LDO) $ 0.736620
  • the-sandboxThe Sandbox (SAND) $ 0.269217
  • galaGALA (GALA) $ 0.014780
  • mantle-staked-etherMantle Staked Ether (METH) $ 1,722.06
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 145.97
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998912
  • bittorrentBitTorrent (BTT) $ 0.00000063
  • msolMarinade Staked SOL (MSOL) $ 170.11
  • iotaIOTA (IOTA) $ 0.162341
  • raydiumRaydium (RAY) $ 2.03
  • kaiaKaia (KAIA) $ 0.099838
  • walrus-2Walrus (WAL) $ 0.463378
  • flokiFLOKI (FLOKI) $ 0.000058
  • bitcoin-svBitcoin SV (BSV) $ 28.42
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.89
  • flowFlow (FLOW) $ 0.354094
  • decentralandDecentraland (MANA) $ 0.292941
  • jito-governance-tokenJito (JTO) $ 1.72
  • zcashZcash (ZEC) $ 33.27
  • honey-3Honey (HONEY) $ 0.999620
  • tezosTezos (XTZ) $ 0.500309
  • coredaoorgCore (CORE) $ 0.517444
  • pendlePendle (PENDLE) $ 3.15
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 1,695.58
  • true-usdTrueUSD (TUSD) $ 0.997271
  • spx6900SPX6900 (SPX) $ 0.526356
  • pyth-networkPyth Network (PYTH) $ 0.133135
  • ethereum-name-serviceEthereum Name Service (ENS) $ 14.51
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 0.999900
  • beldexBeldex (BDX) $ 0.068036
  • pumpbtcpumpBTC (PUMPBTC) $ 80,504.00
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999900
  • kavaKava (KAVA) $ 0.419396
  • dogwifcoindogwifhat (WIF) $ 0.452389
  • telcoinTelcoin (TEL) $ 0.004822
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • grassGrass (GRASS) $ 1.57
  • berachain-beraBerachain (BERA) $ 4.01
  • clbtcclBTC (CLBTC) $ 85,727.00
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 84,416.00
  • dydx-chaindYdX (DYDX) $ 0.557999
  • apenftAPENFT (NFT) $ 0.00000043
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.165350
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007279
  • solayerSolayer (LAYER) $ 1.94
  • usdbUSDB (USDB) $ 0.999308
  • thorchainTHORChain (RUNE) $ 1.15
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 1,693.00
  • elrond-erd-2MultiversX (EGLD) $ 14.01
  • ousgOUSG (OUSG) $ 110.66
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 1,722.87
  • ecasheCash (XEC) $ 0.000020
  • tbtctBTC (TBTC) $ 84,328.00
  • resolv-usrResolv USR (USR) $ 0.999128
  • olympusOlympus (OHM) $ 22.84
  • neoNEO (NEO) $ 5.27
  • axie-infinityAxie Infinity (AXS) $ 2.31
  • starknetStarknet (STRK) $ 0.125744
  • compound-governance-tokenCompound (COMP) $ 40.69
  • chilizChiliz (CHZ) $ 0.037806
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.552163
  • conflux-tokenConflux (CFX) $ 0.069543
  • ubtcuBTC (UBTC) $ 77,106.00
  • aerodrome-financeAerodrome Finance (AERO) $ 0.440239
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 1,623.58
  • stargate-bridged-usdc-berachainStargate Bridged USDC (Berachain) (USDC.E) $ 1.00
  • super-oethSuper OETH (SUPEROETHB) $ 1,622.22
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.998925
  • arweaveArweave (AR) $ 5.31
  • apecoinApeCoin (APE) $ 0.425641
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 1,621.28
  • wormholeWormhole (W) $ 0.071835
  • based-brettBrett (BRETT) $ 0.032772
  • binance-peg-busdBinance-Peg BUSD (BUSD) $ 0.999224
  • roninRonin (RON) $ 0.522281
  • aioz-networkAIOZ Network (AIOZ) $ 0.277118
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000059
  • infrared-beraInfrared Bera (IBERA) $ 4.07
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.771260
  • usddUSDD (USDD) $ 0.999604
  • matic-networkPolygon (MATIC) $ 0.183261
  • fraxFrax (FRAX) $ 0.999581
  • wemix-tokenWEMIX (WEMIX) $ 0.741272
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.005001
  • beam-2Beam (BEAM) $ 0.005943
  • justJUST (JST) $ 0.031245
  • plumePlume (PLUME) $ 0.153485
  • saros-financeSaros (SAROS) $ 0.116896
  • cheems-tokenCheems Token (CHEEMS) $ 0.000002

Bitcoin Shows Stabilization, Analysts Eye $64.7K as Key Levels Indicate Potential Upside

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Bitcoin Shows Stabilization, Analysts Eye $64.7K as Key Levels Indicate Potential Upside

  • Bitcoin trades above $60K, with a market cap of $1.18 trillion and signs of potential bullish reversal.
  • Key RSI and MACD indicators suggest Bitcoin may stabilize, with slight bullish momentum on the horizon.
  • Analyst highlights $64.7K as the next target, with Bitcoin recovering from recent lows above crucial Fibonacci levels.

Bitcoin is showing signs of stabilization, with a possible uptrend on the horizon. At press time, Bitcoin was trading at $60,081.23, Bitcoin has experienced a minor increase of 1.46% in the past 24 hours.

Crypto analysts are closely watching key levels as Bitcoin’s market cap hovers around $1.18 trillion, marking a slight gain of 0.79%. Despite a decrease in 24-hour trading volume by 6.71% to $39.73 billion, indicators suggest a possible reversal.

.$BTC
$64.7K next
Invalidation $60k
.

— ⭐RᗩᖴᗩEᒪᗩ ???? ⭐ (@RAFAELA_RIGO_) August 9, 2024

Key Levels and Market Cap Movements

Bitcoin’s market cap has fluctuated between $1.176 trillion and $1.219 trillion. At the time of writing, it stands at $1.183 trillion, a decline of 2.87% from previous highs. This fluctuation highlights the current instability, but certain technical indicators point to potential stabilization.

The RSI currently stands at 45.92, signaling neutral to slightly bearish momentum. Although the RSI remains below 50, indicating that Bitcoin is neither overbought nor oversold, this neutral stance leaves room for market shifts.

Source: TradingView

Bearish Momentum and Possible Reversal

The MACD line is below the Signal line, with a value of -13.779 compared to the Signal line’s -15.414. This negative histogram signals ongoing bearish momentum. However, the increasing size of the histogram bars indicates that the bearish momentum may be waning, suggesting a potential reversal or consolidation phase. Bitcoin’s price action has reflected this, with recent candlestick patterns showing a slight upward movement after a dip.

Fibonacci Levels and Short-Term Outlook

On a 4-hour chart, Bitcoin is trading at $60,053.79, just above the crucial 0.618 Fibonacci level at $52,085.96. This level, drawn from a swing low of $51,310.70 to a swing high of $70,099.53, serves as both support and resistance.

Bitcoin Shows Stabilization, Analysts Eye $64.7K as Key Levels Indicate Potential Upside

Source: CryptoRank

The RSI on this chart is indicating slight bullish momentum. The MACD further supports this outlook, with the MACD line slightly below the Signal line, signaling slight bullish momentum. However, caution is advised as the RSI nears levels that could indicate overbought conditions.

Source

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