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Ethereum Price Slides as Peter Brandt Warns of Further f

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Ethereum Daily Price Chart

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The Ethereum price has dropped 4% in the past 24 hours, slipping to around $2,744, as selling pressure increases, and Veteran trader Peter Brandt has warned that Ethereum’s decline may not be finished yet.

Brandt points to a breakdown from a symmetrical triangle on the 24-hour Ethereum chart, a pattern he describes as a well-known bearish signal that often leads to further losses when confirmed. According to him, the breakdown indicates that sellers remain in control, especially in an environment of thin market liquidity and continued capital outflows.

These conditions make it harder for Ethereum to recover, as even small sell orders can push prices lower. Brandt adds that the lack of strong buying interest means rallies are likely to be short-lived unless market conditions improve. He also places Ethereum’s weakness within a broader market context.

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Ethereum Daily Price ChartEthereum Daily Price Chart

Brandt highlights a right-angled broadening pattern on the total cryptocurrency market capitalization chart. Following the recent market crash, the total crypto market value has already dropped to around $2.82 trillion. He warns that if this pattern continues, total market capitalization could fall toward $2.41 trillion.

ETF Outflows and Weak Sentiment Deepen Bearish Pressure

This would represent an additional 15–20% decline from current levels and could keep major cryptocurrencies such as Bitcoin, Ethereum, and XRP under continued pressure. Ethereum’s poor technical outlook matches weakening sentiment across the wider crypto market. The second-largest cryptocurrency has lost more than 46% of its value over the past few months, reflecting both global macro uncertainty and challenges specific to the crypto sector.

One of the biggest factors hurting sentiment has been steady outflows from spot Ethereum exchange-traded funds, which suggest that institutional investors are becoming more cautious. On Thursday alone, spot ETH ETFs recorded nearly $156 million in net outflows.

Fidelity’s FETH saw the largest withdrawals at $59.2 million, followed by BlackRock’s ETHA with $54.9 million. Grayscale’s ETHE and ETH products also experienced significant outflows of $13.1 million and $26.5 million, respectively. These continued redemptions reinforce concerns that institutional demand for Ethereum remains weak in the near term.

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Ethereum Price Breaks Out Below Key Support

Ethereum (ETH/USD) on the 4-hour timeframe is showing a clear shift in market structure, with bearish momentum now dominating after a decisive breakdown below key support. Price action highlights a failed recovery attempt that transitioned into a strong bearish continuation.

Initially, ETH formed a rounded bottom pattern, signaling a gradual accumulation phase. This structure allowed price to rally toward the upper resistance zone around the $3,300–$3,350 region, which had previously acted as a strong supply area. However, repeated rejections from this resistance zone indicated weak bullish follow-through, suggesting that sellers remained firmly in control.

Following the rejection, ETH broke below the major support level near $2,950–$3,000, which had acted as a demand zone during prior consolidation. This breakdown is technically significant, as former support has now flipped into resistance. The move was impulsive, confirming a bearish breakout rather than a false move or liquidity sweep.

Ethereum priceEthereum price

ETHUSD Chart Analysis. Source: Tradingview

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Momentum indicators reinforce the bearish bias. The RSI (14) has dropped toward the lower range, hovering near oversold territory but without showing bullish divergence. This suggests that selling pressure remains active, and any short-term bounce could be corrective rather than trend-reversing. The RSI failing to reclaim the 50 midline further confirms bearish control.

Structurally, ETH is now forming lower highs and lower lows, a classic downtrend signal on the 4-hour chart. The bearish candle expansion following the support break also points to strong selling participation rather than weak retail-driven moves.

Looking ahead, the next key area to monitor lies around the $2,650–$2,700 region, which could act as a temporary demand zone or pause area. If this level fails to hold, downside risk may extend toward deeper liquidity zones below. On the upside, any recovery attempts are likely to face resistance near the broken $2,950–$3,000 support band.

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can Pi escape its range in 2026?

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Pi has morphed from a hyped IOU into a battered $0.18 L1; 2026’s open mainnet will decide whether it earns real usage or just fuels another round of unlocked sell pressure.

Pi Network (PI) has moved from a hyped IOU narrative to a battered, liquid L1 asset trading around the mid‑$0.17–$0.18 range, with its next leg entirely dependent on whether the 2026 open mainnet phase actually delivers real usage instead of just unlocked sell pressure. Treat it like any other high‑beta alt: structurally cheap on optics, structurally dangerous on tokenomics and execution risk.

From IOU hype to $0.18 L1: can Pi escape its range in 2026? - 1

Where Pi Trades Now

Pi sits near $0.18 with a market cap around $1.7–1.8 billion, down sharply from its speculative IOU blow‑off in 2022 when prices briefly printed triple‑digit wicks on thin order books. Recent price action tells you everything: the token rallied roughly 80–90% into late February–mid March 2026 toward $0.30, then faded back toward $0.20 as momentum stalled and RSI divergences flashed. Unlocks are biting – the token has logged several sessions near its all‑time low area as supply from long‑time “miners” meets underwhelming demand on centralized venues. Liquidity is decent but not deep enough to absorb aggressive distribution from a 10‑figure fully diluted supply without persistent slippage.

What Actually Changes In 2026

The core fundamental catalyst is the move toward an “open mainnet” with real transactions, dApps and stricter KYC/security, after years of closed‑ecosystem promises. The team is rolling out enhanced verification (KYC, palm‑print, AI checks) and has cleared roughly 2.5 million users for migration, crucial to get coins off the grey zone and into a compliant, transferable state. A broader 2026 roadmap ties this to supporting real‑world finance integrations and payments, but so far the market has treated each technical milestone (like the Pi Launchpad testnet) as a sell‑the‑news event rather than a re‑rating trigger.

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Price Scenarios: 2026–2030

External models cluster Pi’s fair‑value band for the next few years somewhere between “modest grind” and “permanent underperformance.” Gate.io’s internal work sees an average near $0.20 for 2026, with a rough range between about $0.16 and $0.27 – effectively where it is already trading. Other forecasters project that, if the ecosystem scales and listings proliferate, Pi could grind into the low single digits by 2030, with some estimates around $2.50–$3.50 under constructive conditions. Those paths assume three things that are not yet proven: successful open mainnet, sustained user activity beyond mining, and a crypto macro environment that rewards L1 risk instead of choking it.

Verdict: Trade The Range, Don’t Worship The Narrative

For now, Pi looks like a liquid, range‑bound beta play rather than a structural compounder. Bulls get a clear technical invalidation: hold above the mid‑$0.17 pivot and reclaim the $0.23–$0.25 resistance band, and the market can start repricing toward the psychological $0.30–$0.40 area on any mainnet or listing surprise. Bears lean on the opposite logic: continued unlocks plus weak on‑chain usage send Pi into a slow bleed, with each rally sold by early miners finally getting exit liquidity. In this tape, smart money treats Pi as an event‑driven trade around roadmap milestones and macro risk cycles, not as a religion – position small, respect liquidity, and assume volatility is the rule, not the exception.

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Special DeepSnitch AI Bonus Code: Limited Time Left To Reserve 300% Extra Tokens Ahead of Launch, Bears Lose Grip On ZEC and DOGE

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Bitcoin just hit a six-week high, which somewhat restored the sentiment in the market. Yet, exchange inflows spiked to 6.1K BTC in a single hour. This could indicate that the rally is real, but selling pressure may be reaching a boiling point.

As fears of an extra wave of volatility become real, the special DeepSnitch AI bonus code presents the easiest way for traders to boost their chances of massive returns.

With launch slated for March 31, DeepSnitch AI’s crypto presale bonus offer provides as many as 300% extra tokens for large allocations. Since these codes expire at launch, the level of FOMO in the community is getting borderline ridiculous as traders keep adding to their allocations.

Is BTC selling pressure building?

According to Julio Moreno of CryptoQuant, hourly Bitcoin inflows into centralized exchanges exploded to 6.1K BTC on March 16. This is the highest reading since February 20, with large inflows accounting to 63% of the total figure.

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The driving force behind the inflows was Bitcoin’s 12% gradual rally in March.

Traders generally send BTC to exchanges before they sell or convert it into stablecoins, with Moreno noting that such spikes often preceded an uptick in selling pressure.

Thus, traders fear that smart money may be using the rally as an opportunity to profit. This uncertainty only contributed to traders doubling down on the special DeepSnitch AI bonus code, intending to scoop up extra tokens ahead of the March 31 launch.

Best March opportunities in crypto

1. DeepSnitch AI: How much are early investor bonus tokens worth?

Blink, and you’ll miss it. DeepSnitch AI is a project rapidly closing in on its March 31 launch. While this is enough to push FOMO to the max, the special DeepSnitch AI bonus code basically led to the project getting in on many trending lists.

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So far, DeepSnitch AI has raised $2.2M at $0.04487. The main offering is an analytics platform consisting of five autonomous AI agents that can do everything from discovering rugs and honeypots, DYOR, token analysis, to real-time sentiment and FUD tracking.

The latest bonuses only enhanced these fundamentals. You can apply any presale discount code at checkout if you meet the right allocation amount. Fortunately, there are multiple tiers, meaning that there’s a special DeepSnitch AI bonus code for everyone.

The lowest one, DSNTVIP30, gets you 30% extra tokens on $2K and above. DSNTVIP50 bumps that to 50% on $5K or more, and DSNTVIP150 adds 150% to your bag for $10K and up. And the biggest presale discount code, DSNTVIP300, unlocks 300% extra on allocations of $30K and above, which works out to roughly $90K.

DeepSnitch AI is running hot. With 41.7 million DSNT already staked, community projections of 100x to 300x make it one of the largest opportunities in recent times.

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All codes expire on March 31.

2. Dogecoin: DOGE breaking out?

According to CoinMarketCap, DOGE traded at $0.099 on March 18.

As the community went crazy over the special DeepSnitch AI bonus code, bears surrendered control over DOGE’s price action.

In the short-term, Dogecoin must close above $0.10 (50-day SMA) to open the test of the $0.12 breakdown level, where sellers are expected to start dumping.

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A sharp rejection here sets up a range between $0.09 and $0.12 for the near term. While the chances of DOGE hovering in this range are likely, if the OG meme coin closes above $0.12, the entire script will flip, and Dogecoin could end up surging to $0.16.

3. Zcash: Will the ZEC rally continue?

ZEC pushed to $276 on March 18, sparking hopes of the privacy coin’s grand re-entry, according to CoinMarketCap.

In the short term, the $278 level is the key battleground. Holding above it keeps the short-term structure intact, allowing buyers to kickstart another attempt at $286, but a clean break below $278 shifts the advantage back to sellers and opens the path to $272 first.

If ZEC continues sliding down, it could go as low as $265 or $258.

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Final words: Boost your bags

Selling pressure could return in an instant, and that’s exactly why DeepSnitch AI has been making rounds lately.

With a launch set at exactly the right time, affordable pricing, powerful utility, and the special DeepSnitch AI bonus adding as much as 300% extra DSNT to your bag, the rewards could be massive if you lock in at exactly the right time.

Don’t let the market erase your gain. Reserve your tokens in the DeepSnitch AI presale now and join X or Telegram for the latest project updates.

FAQs

1. What is the DeepSnitch AI bonus code, and how does it work?

DeepSnitch AI offers four bonus codes tiered by allocation size. DSNTVIP30 gives 30% extra tokens, DSNTVIP50 gives 50% on $5K or more, DSNTVIP150 unlocks 150% for larger positions, and DSNTVIP300 gives 300% extra on allocations of $30K and above. All codes expire at the March 31 launch.

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2. Why did Bitcoin exchange inflows spike, and what does it mean for the market?

Hourly Bitcoin inflows hit 6.1K BTC on March 16, the highest since February 20, with large deposits accounting for 63% of total inflows. CryptoQuant’s head of research flagged that historically, these spikes precede increased selling pressure.

3. When is the DeepSnitch AI TGE, and what happens after?

DeepSnitch AI lists on Uniswap on March 31. The seven-day claim window opens at TGE, with DEX and CEX listings expected to follow.

The post Special DeepSnitch AI Bonus Code: Limited Time Left To Reserve 300% Extra Tokens Ahead of Launch, Bears Lose Grip On ZEC and DOGE appeared first on Blockonomi.

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XRP Needs CLARITY Act Momentum to Unlock the Next Critical Price Zone

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Ripple Makes Major Move Affecting US and Canadian Customers: Details


Large XRP holders added 200 million tokens over two weeks, quietly building their stack even as the price failed to hold $1.50.

XRP has pulled back under $1.50 after briefly surpassing $1.60 yesterday, with a popular analyst saying the token now sits at a critical decision point and that a single piece of legislation could determine whether it breaks higher.

According to EGRAG CRYPTO, the CLARITY Act is the primary catalyst standing between XRP’s current price and a potential run past the $1.65 to $1.70 resistance band they dubbed “Zone 1.”

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An Ascending Triangle With One Condition Attached

In their analysis, posted on X on March 18, EGRAG pointed out that XRP was forming an ascending triangle just below the $1.65-$1.70 range.

This is a pattern that usually leads to upward breakouts, and, according to the analyst, it shows rising lows, which would suggest that buyers were stepping in. The chart also showed that resistance has so far been flat, meaning that liquidity is concentrated above the current level.

EGRAG estimated that there is a 65% chance the XRP price will break above Zone 1, mainly due to structure and building compressions. However, the other 35% points to a rejection or fakeout, which they believe could happen if the CLARITY Act is postponed.

The Ripple token has gone up about 6.5% in the last seven days, with a range stretching from $1.37 to $1.60. That breakout happened around the same time as a buildup in derivatives positioning, as revealed by CryptoQuant contributor Amr Taha. According to him, XRP’s open interest delta rose by $16 million on March 13 and another $18 million on March 16, with the second wave coming just before the cryptocurrency’s jump above $1.50.

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Whale activity followed suit, with chartist Ali Martinez reporting that large addresses had added 200 million XRP in the last two weeks, bringing their total from 10.88 billion to 11.08 billion.

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But despite all this, XRP was rejected at $1.60, and was trading near $1.45 at the time of writing, a price that another market watcher, Tara, stated they were closely monitoring, referring to it as the macro 0.618 Fibonacci support level.

What Zone 1 Doesn’t Unlock

EGRAG’s analysis made it clear what the $1.65 to $1.70 zone can trigger, as well as what it cannot deliver on its own. According to them, while breaking above that range would be a meaningful technical event, getting to the next level at $2.60 and beyond requires additional conditions.

These include institutional flows or ETF-style exposures, stable BTC prices, or a drop in the number one cryptocurrency’s dominance, as well as weekly XRP closes above the $1.85-$2.00 band.

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The CLARITY Act itself is moving, with negotiations possibly concluding as early as next week, according to investor Paul Barron. U.S. President Donald Trump had publicly blamed banks for holding the bill back in order to protect their deposit base.

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Bitcoin Trips After FOMC But Bulls May Keep Buying

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Bitcoin Trips After FOMC But Bulls May Keep Buying

Key takeaways:

  • Spot market demand through US-listed ETFs and Strategy buying BTC supports Bitcoin’s bullish momentum.

  • Low leverage among Bitcoin bulls reduces the risk of cascading liquidations even if prices drop another 5%.

  • Rising inflation concerns negatively impact fixed-income returns, paving the way for an eventual rotation from gold into Bitcoin.

Bitcoin (BTC) faced a 7% correction after flirting with the $76,000 level on Tuesday. The downturn followed a decline in the US stock market after oil prices surged due to Israel attacking Iran’s largest gas processing facility and the US producer price index rising above expectations.

Despite the recent losses, there is no indication that Bitcoin’s bullish momentum has faded, given how the S&P 500 and US Treasuries have behaved amid worsening macroeconomic conditions. Additionally, Bitcoin bulls have avoided excessive leverage, reducing the risks of cascading liquidations.

WTI oil futures (left) vs. S&P 500 futures (right). Source: TradingView

The S&P 500 index traded merely 4% below its all-time high on Wednesday despite recent weak US job market data and continued pressure from the ongoing war in Iran. The US reported continued jobless claims relatively steady at 1.85 million in the week ending March 7. On Wednesday, the US announced that wholesale prices gained 3.4% in February versus the prior year, the largest gain in 12 months.

As oil prices jumped above $98, investors became more convinced that the US Federal Reserve will not be able to ease monetary policy throughout 2026. CME FedWatch Tool showed that odds for a steady interest rate by September plummeted to 42% on Wednesday, from 89% one month prior, according to implied odds on futures markets.

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Bitcoin under pressure as prolonged war risks heighten investors’ risk aversion

Sticky inflation and the prospect of a prolonged war reduced the odds of economic stimulus focused on expansion, causing investors to avoid risk. However, there is no reason to believe that traders anticipate an imminent crash, at least judging by how interest rates are priced relative to inflation expectations.

US 2-year Treasury minus inflation expectation. Source: TradingView / Cointelegraph

The 2-year Treasury yield traded at 3.71% on Wednesday, while the Cleveland FED 2-year inflation expectation stood at 2.27%, resulting in a 1.44% adjusted return. During periods of extreme fear, higher demand for government bonds tends to result in near zero or negative returns. Conversely, a lack of confidence in US monetary policy can push the indicator to 2.5% or above.

Even if Bitcoin drops another 5% in the upcoming weeks, there is no indication of excessive leverage demand from bulls, meaning low risk of cascading liquidations. Recent bullish momentum has been supported by the spot market, especially through US-listed spot Bitcoin ETF accumulation and Strategy’s (MSTR) aggressive buying activity.

Estimated BTC futures liquidation levels, USD. Source: CoinGlass

CoinGlass estimates that $450 million worth of leveraged long Bitcoin futures would be forcefully terminated down to $68,000, representing less than 1% of the current $49 billion aggregate open interest. The Bitcoin perpetual futures funding rate confirms that bears are becoming overconfident as demand for leverage on short positions has increased.

Related: 74% of institutions expect crypto prices to rise in 12 months–Survey

Bitcoin perpetual futures annualized funding rate. Source: Laevitas.ch

A negative funding rate means shorts are the ones paying to keep their positions open. More importantly, the indicator stood below the neutral 6% to 12% range even as Bitcoin price surged above $76,000, reinforcing the thesis of spot demand sustaining momentum rather than speculation using derivatives markets.

Gold prices dropped to $4,900 on Wednesday, showing signs of exhaustion after holding levels above $4,800 for four weeks. An eventual rotation out of gold could be the trigger for a sustained Bitcoin rally, especially as inflation concerns negatively impact expected returns for fixed-income assets. Overall, there is little indication that Bitcoin’s current bullish momentum has faded.

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