Dash (DASH) cryptocurrency has dropped 13% and is testing a crucial support level at $29.63, just above $28, which if broken would wipe out its entire October rally. Technical indicators like the Parabolic SAR and Chaikin Money Flow show strong bearish momentum, while negative funding rates suggest growing selling pressure in perpetual contracts. If the support fails, DASH could fall further to $23, but it might also consolidate between $29 and $37 if bears lose momentum.
Major cryptocurrencies experienced significant price declines, with Bitcoin falling 4.25% to $60,761 and Ethereum dropping 9.86% to $1,592. Other notable losses include Binance Coin down 4.74% and Cardano plunging nearly 15%. This broad sell-off refl...
Cryptocurrency markets faced their worst week since July 2024, with Bitcoin dropping nearly 15% and Ether falling over 17%. Ether is nearing a critical support level of $1,420, risking a slide back to 2022 bear market prices if broken. The privacy co...
