BTC USD 76,358.3 Gold USD 4,327.02
Time now: Jun 1, 12:00 AM

Bitcoin, Ethereum, XRP, Dogecoin Flat Amid Iran Deal Uncertainty: Crypto Commentator Says 'Everyone's Bearish' On ETH, But Data Isn't

Bitcoin, Ethereum, XRP, Dogecoin Flat Amid Iran Deal Uncertainty: Crypto Commentator Says 'Everyone's Bearish' On ETH, But Data Isn't​

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Key Levels To Watch Out For BTC​


Popular cryptocurrency analysis-focused X account CryptoReviewing identified $77,500-$78,100 and $74,000-$76,200 as important BTC ranges.

"The very largest liquidation clusters right now for BTC are at $77,700 and $76,600 – making potential sweeps of both levels a ‘high probability,'" the analyst added.

Widely followed cryptocurrency commentator Rain noted that Ethereum was trading below its 2-year Simple Moving Average—a level tied to "major cycle recoveries."

"Possible flush to $1,000–$1,300 still on the table, but the 2027–2029 target range sits at $7,700–$14,000," the analyst predicted.

Rain attached a chart showing Ethereum’s dominant share across tokenized assets, stablecoins, and DeFi indicators, and wondered when price will catch up with ETH network's fundamentals.

Read Also: Ethereum Price At Risk As Smart Money Selling Coincides With Weak Technicals

This article has been published in benzinga.com via Yahoo News.

 
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