resistance - Cryptofrontnews

SEI Holds Breakout Support at $0.23, Setting Stage for Renewed Rally

May 18, 2025 •

SEI breaks past resistance and now retests the breakout level, positioning for a possible rally while maintaining strong bullish momentum.

SEI Pulls Back After $0.29 Rejection but Trend May Reverse Soon

Filecoin Flips Key Resistance to Support, Poised for Bullish Continuation

May 14, 2025 •

Crypto Market

FIL

Filecoin (FIL) has flipped a key resistance zone into support, signaling a potential breakout. Traders are eyeing the $3.28–$3.30 breakout level.

FLOKI Shows Bullish Momentum as It Bounces from Key Support Level

April 30, 2025 •

Crypto Market

ETP

FLOKI bounces off strong support near $0.000070 and approaches key resistance at $0.000110, signaling renewed bullish sentiment and buying momentum.

XRP Flips Monthly Resistance to Support, Eyes $4.5–$5.4 Bullish Target

April 30, 2025 •

Bullish Breakout

Crypto Market

XRP reclaims major monthly resistance as support and aims for $4.5–$5.4, with bullish structure forming across both weekly and monthly charts.

Triple Resistance Crushed: Bitcoin Sets Sights on $161K Target

April 29, 2025 •

Bitcoin

Crypto Market

Bitcoin breaks key resistance levels and forms bullish patterns, setting sights on major targets with $161K as a potential milestone.

Bitcoin Consolidates at $105,800 with Key Levels at $105,000 and $106,800 in Focus

Ondo ($ONDO) Breaks Key Resistance Level as Bulls Eyes $1.40 Target

April 26, 2025 •

Crypto Market

Cryptocurrency

Ondo ($ONDO) has broken key resistance levels, signaling a bullish reversal. With strong momentum, traders eye targets near $1.40 in the coming weeks.

VELO Breaks Out from Falling Wedge, Targets $0.0170 Resistance

April 24, 2025 •

Crypto Market

Cryptocurrency

VELO breaks out from a recurring wedge pattern with confirmed bullish signals and rising momentum, targeting resistance near $0.0170.

Ethereum Breaks Key Resistance, Targets $1,850 After Bullish Breakout

April 23, 2025 •

Bullish Breakout

ETH

Ethereum breaks out of key resistance levels, retests support at $1,685, and gains over 6% as bullish momentum aims for the $1,850 mark.

Bitcoin Faces Make-or-Break Zone as $86K Resistance Gets Retested Again

April 20, 2025 •

Bitcoin

BTC

Bitcoin is again testing its descending trendline near $86K. Price coils beneath resistance, but low volume casts doubt on breakout strength.

Dell avoids Bitcoin treasury debate as SEC backs its right to block shareholder votes on crypto-related financial strategies. SEC ruling favoring Dell and McDonald’s signals growing corporate resistance to Bitcoin-driven shareholder influence. Despite past hints at interest, Dell distances itself from Bitcoin while Microsoft shows a more open approach to crypto proposals. Dell Technologies has officially shut down a shareholder proposal that aimed to put Bitcoin on its corporate treasury radar. The United States Securities and Exchange Commission (SEC) recently approved Dell’s request to exclude this proposal from its 2025 proxy materials. The decision blocks shareholders from voting on whether the company should evaluate Bitcoin as a potential treasury asset. The proposal came from the National Center for Public Policy Research (NCPPR), a Washington-based think tank. It urged Dell’s board to assess whether Bitcoin could serve shareholder interests amid rising inflation and growing institutional interest. Notably, BlackRock’s endorsement of a 2% Bitcoin allocation and Dell’s early openness to Bitcoin adoption added weight to the proposal. However, Dell swiftly countered the request by filing a formal exclusion petition with the SEC. The company argued that treasury and cash management decisions fall under the management’s purview. Hence, placing such matters into shareholder hands would micromanage core business operations. Additionally, Dell’s legal team, Hogan Lovells, emphasized that the proposal sought to mandate a specific financial strategy—an approach they deemed unsuitable. SEC Backs Dell’s Right to Exclude Bitcoin Vote The SEC agreed with Dell’s reasoning, declaring the proposal part of ordinary business operations. Consequently, the agency confirmed it would not pursue enforcement if Dell excluded the motion from its annual meeting. This decision follows a similar ruling involving McDonald’s, which also rejected a Bitcoin-related proposal by the NCPPR.The SEC took management's side in both cases. At the governance level, this pattern also points to a larger hesitancy on the part of corporate behemoths to adopt Bitcoin. Microsoft Took a Different Path Interestingly, Microsoft adopted a more open approach. Although it ultimately voted down a similar proposal, the company allowed it to reach shareholders. Additionally, it provided Michael Saylor, a vocal Bitcoin advocate, an opportunity to present his case. Michael Dell previously teased interest in Bitcoin through a viral Cookie Monster meme last year. He also joined a public conversation on digital scarcity with Saylor. However, Dell Technologies now appears to be stepping away from the Bitcoin conversation altogether.

Bitcoin Consolidates Below Resistance as Traders Eye Key Breakout Levels

April 20, 2025 •

Bitcoin

Breakout

Bitcoin consolidates near $84.4K with resistance at $85K and support below $80K as traders await a breakout from a tight range.

Bitcoin and Ethereum Prices Surge as Crypto Whale Invests $110 Million

Bitcoin Eyes Breakout as Bulls Battle Key Resistance at $85K

April 17, 2025 •

Bitcoin

Breakout

Bitcoin trades near $84K facing resistance at $85.3K as historical patterns suggest a breakout could lead to a 34 percent rally to $107K.