{"id":48113,"date":"2025-02-25T12:51:55","date_gmt":"2025-02-25T12:51:55","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/weekly-price-analysis-prices-range-on-uncertain-economic-outlook\/"},"modified":"2025-02-25T12:51:55","modified_gmt":"2025-02-25T12:51:55","slug":"weekly-price-analysis-prices-range-on-uncertain-economic-outlook","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/weekly-price-analysis-prices-range-on-uncertain-economic-outlook\/","title":{"rendered":"Weekly Price Analysis: Prices Range on Uncertain Economic Outlook"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/12\/Price-analysis-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/12\/Price-analysis-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/12\/Price-analysis-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/12\/Price-analysis-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Crypto prices traded within a range last week as crypto takes is relegated to the back burner in the wake of economic uncertainties.<\/li>\n<li>ETF inflows were negative as Bitcoin ETFs logged net outflows of $62.9Mn while Ethereum ETFs logged $8.9Mn in outflows.<\/li>\n<\/ul>\n<h2>Bitcoin<\/h2>\n<p>Bitcoin\u2019s price action continued trading rangebound, with weekly highs and lows of $99,509 and $93,331, as uncertainty looms around inflation, Trump\u2019s policies, and geopolitical events.<\/p>\n<p>Zooming out, we see that price action has ranged at the daily support level for the last three weeks as current market conditions lack sufficient catalyst to push prices to new highs.<\/p>\n<p><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-274765\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/02\/BTCUSD_2025-02-24_12-07-35_f9b76.png\" alt=\"\" width=\"2048\" height=\"1110\"\/><\/p>\n<p>Open interest mimics price action as the week began with a reduction in the volume of open contracts which picked up on Wednesday, Feb. 19, congruent with price action.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-274763\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/02\/BTC-CME-1.png\" alt=\"\" width=\"2048\" height=\"629\"\/><\/p>\n<h3>Outlook<\/h3>\n<p>Bitcoin must remain above the daily support of $90,673 to remain in bullish territory. A close below this level on the daily time frame could trigger a fall to the $84,000 level.<\/p>\n<p>Meanwhile, market sentiment has cooled significantly over the last month and is in neutral territory.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-274764\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/02\/BTC-Greed-Index.png\" alt=\"\" width=\"958\" height=\"422\"\/><\/p>\n<p>Bitcoin trades at $87,900 as of publishing.<\/p>\n<h2>Ethereum<\/h2>\n<p>Ethereum\u2019s price action ranged last week logging a weekly high and low of $2,848 and $2,604 despite last week\u2019s news of the Bybit hack.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-274767\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/02\/ETHUSD_2025-02-24_13-42-22_dd054.png\" alt=\"\" width=\"2048\" height=\"1109\"\/><\/p>\n<p>Zooming out, we see a bleaker picture as ETH has been trending lower since Dec. 09 after failing to break above its March 2024 high.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-274769\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/02\/ETHUSD_2025-II-1.png\" alt=\"\" width=\"2048\" height=\"1109\"\/><\/p>\n<p>Open interest data shows a steady rise in contract volume throughout the week though price traded rangebound.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-274766\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/02\/ETH-CME.png\" alt=\"\" width=\"2048\" height=\"641\"\/><\/p>\n<h3>Outlook<\/h3>\n<p>We reckon the next major support zone for ETH is the $2,500 level which has proven to be a strong liquidity level in the past.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-274770\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/02\/ETHUSD_2025-III.png\" alt=\"\" width=\"2048\" height=\"1110\"\/><\/p>\n<p>ETH trades at $2,384 as of publishing.<\/p>\n<h2>Solana<\/h2>\n<p>Like Ethereum, Solana\u2019s price has been declining since it failed to swing higher and form new candles above the last all-time high on the daily time frame.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-274773\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/02\/SOLUSD_2025-II.png\" alt=\"\" width=\"2048\" height=\"1113\"\/><\/p>\n<p>\u00a0<\/p>\n<p>Unlike Ethereum, last week\u2019s price action was bearish as the price fell from a weekly open around $194 to a close around $171.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-274772\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/02\/SOLUSD_2025-02-24_14-15-55_594eb.png\" alt=\"\" width=\"2048\" height=\"1107\"\/><\/p>\n<p>Open interest charts show topsy-turvy movement in open contract volumes as price falls.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-274771\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/02\/SOL-Binance.png\" alt=\"\" width=\"2048\" height=\"628\"\/><\/p>\n<h3>Outlook<\/h3>\n<p>The next major support zone for Solana is at the $129 level. However, we may see smaller rallies as price trends lower overall.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-274794\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/02\/SOLUSD_2025-02-25_12-08-26_22e52.png\" alt=\"\" width=\"2048\" height=\"1109\"\/><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/weekly-price-analysis-prices-range-on-uncertain-economic-outlook\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Crypto prices traded within a range last week as crypto takes is relegated to the back burner in the wake of economic uncertainties. ETF inflows were negative as Bitcoin ETFs logged net outflows of $62.9Mn while Ethereum ETFs logged $8.9Mn in [&hellip;]<\/p>\n","protected":false},"author":3947362368,"featured_media":48114,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/48113"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362368"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=48113"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/48113\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/48114"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=48113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=48113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=48113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}