Ether Retests $2,800 Support as Crypto Market Wipes $1B in Liquidations

Ethereum plunged to retest the critical $2,800 support level on Thursday, mirroring a brutal global market sell-off that erased over $3 trillion in asset value within hours. The sharp decline triggered nearly $1 billion in crypto liquidations in 24 hours, with analysts describing ETH’s prolonged price action as a ‘macro stalemate’ trapped in a well-defined range, offering no clear structural trend for investors.

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XRP Eyes Massive Rally as Analysts Spot 2017 Pattern Repeat

XRP is navigating a critical juncture, retesting support near $2.05 as analysts debate its next major move. While technical patterns strikingly similar to its 2017 bull run suggest a potential massive expansion, a looming quarterly bearish candle formation threatens to trigger a significant correction. The altcoin’s fate may hinge on its ability to maintain a newly formed bullish structure and close the first quarter on a positive note.

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Zcash Plunges 20%: Analysts Debate Next Move After Key Support Break

Zcash (ZEC), the privacy-focused cryptocurrency, has led the market’s downturn with a severe 24% single-day crash, shattering key support levels and plunging to one-month lows near $328. This dramatic pullback follows a parabolic 1,775% rally that peaked in November, leaving analysts deeply divided. While some warn of a potential 30-40% further decline, others frame the sell-off as a necessary correction, setting the stage for a critical volatility event that will determine ZEC’s near-term trajectory.

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Bitcoin Tests $100K Support as Analysts Warn of Make-or-Break Moment

Bitcoin is facing its most critical technical test in months as the cryptocurrency struggles to hold the $100,000 support level following a 9% weekly decline. With the flagship digital asset breaking below key moving averages and testing psychological barriers, analysts are divided on whether this represents a buying opportunity or signals further downside risk toward $90,000. The outcome of this support test could determine Bitcoin’s trajectory for the remainder of 2024.

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Dogecoin Consolidates in Buy Zone as Maxi Doge Emerges

Dogecoin is currently consolidating in what analysts call a key ‘buy-the-dip’ zone between $0.17 and $0.21, with technical indicators suggesting this range-bound action could precede a significant breakout. Meanwhile, newcomer Maxi Doge ($MAXI) is attracting attention as a high-risk, high-reward alternative with its unique ‘gym bro’ branding and community-focused ecosystem, having already raised over $3.8 million in presale funding.

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Bitcoin Holds $110K Support, Analysts Eye December Breakout

Bitcoin has recovered 6% from recent lows, reclaiming the crucial $110,000 support level as analysts debate the cryptocurrency’s near-term trajectory. While some experts remain bullish on BTC’s technical setup, others caution that significant upward movement may be delayed until December. The flagship cryptocurrency continues to trade within its established $108,000-$120,000 range since July, with current trading at $110,850 representing a 2% daily increase.

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HYPE Drops 6% to $46: Trend Reversal or Buy Signal?

Hyperliquid’s HYPE token has retreated 6% to $46 amid mixed technical signals. While weekly performance remains slightly positive with a 2% gain and strong trading volume exceeding $647 million, key indicators suggest potential trend weakness as the token tests crucial support levels between $43 and $45, leaving traders questioning whether this represents a buying opportunity or the beginning of a deeper decline.

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Solana Tests Key $200 Support Amid Market Volatility

Solana (SOL) is locked in a critical battle at the $200 psychological level after bouncing from key support zones, with technical analysts warning that failure to hold current ranges could trigger a deeper correction toward $150. The cryptocurrency’s 20% weekly decline from recent eight-month highs represents a make-or-break moment that will test whether recent pullbacks are temporary deviations or the start of a more significant downturn. With the broader cryptocurrency market showing weakness, SOL’s ability to reclaim and maintain above $200 will determine its near-term trajectory.

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SUI Tests Key Support as Analysts Watch for Breakout

SUI is testing a critical support level amid a broader market pullback that has pushed the altcoin to two-month lows. Analysts are closely watching whether the cryptocurrency can hold key technical levels that could determine its next major price move. The outcome could signal either a significant rally or further declines toward June lows.

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PENGU Crypto Signals Bullish Reversal with TD Sequential Buy

PENGU is showing multiple technical indicators pointing to a potential bullish reversal after several weeks of declining prices. Crypto analyst Ali Martinez highlighted a TD Sequential ‘9-buy’ signal on the 3-day chart, which typically appears at the end of downtrends and suggests sellers are losing momentum. Simultaneously, the token broke out of a falling wedge pattern on the 12-hour timeframe, confirming bullish structure and pushing the price back into its previous trading range. The asset has gained 15% in 24 hours, trading at $0.035, with analysts identifying $0.042 as the next key resistance level. Additional positive factors include reduced volatility, lower wicks indicating buying interest, and rising trading volume, suggesting the market may be forming a short-term base for further upside movement.

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Bitcoin Tests Key $110K Resistance; Analysts Eye Cycle Peak

Bitcoin is currently testing the critical $110,700 resistance level, with analysts divided on whether a breakout or breakdown is imminent. Technical analysts note that a confirmed close above this level could propel BTC toward $113,500, while failure to break through might trigger a correction toward $98,000. The broader market structure remains intact within the $107,200-$116,000 macro range, with some analysts suggesting the current bull market could peak within the next 2-7 weeks based on historical halving cycle patterns. The weekly and monthly charts present conflicting signals, with the monthly timeframe showing stronger structural support despite weekly weakness.

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Solana Eyes $360 Amid Market Volatility & ETF Delays

Solana (SOL) is navigating a turbulent market after a sharp pullback triggered by macroeconomic concerns and SEC delays on spot ETF decisions. Despite dropping from an eight-month high of $209, analysts remain optimistic, citing a six-month ascending triangle pattern targeting $360 upon breakout. The SEC postponed decisions on multiple Solana ETFs to October 2025, though experts like James Seyffart expect approvals by mid-October. On-chain data reveals a record number of wallets holding over 10,000 SOL, signaling strong accumulation. Technical analysts, including Ali Martinez and Sjuul from AltCryptoGems, emphasize SOL’s uptrend and the critical $180 support level for a potential rally to all-time highs. Currently trading at $184.9, SOL’s resilience suggests a ‘buy-the-dip’ opportunity ahead of a major breakout.

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