Berachainの‌価格BERA

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$BERA Looking for longs below the blue line on BERA. Typically: - Mark level of interest - Set alert - Wait to see if LTF entry forms Will update this post if I see a setup trigger print. But for now, heads up on where I want to facilitate longs.

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Berachain is outperforming Bitcoin, Ethereum and Solana with a blistering 12% rally today. The $BERA token underlying the speedy new Berachain blockchain is surging harder than Solana today even amidst a wider market downturn that has seen crypto’s $2.98 trillion market shed 1.4% in the last 24 hours. Bitcoin is still about 80% short of its 2025 price target of $160,000, while Ethereum needs an increase of 144% to pass its projected target of $5,050. However, Berachain left them trailing in the dust with a whopping 12% rise overnight to trade at $8.20 as of this writing. Alongside Berachain, other top layer one tokens posting notable overnight gains include Solana ($SOL), which added 2.7% to $147, and Cardano ($ADA), which rallied 4% to $0.76. As momentum builds, the question now is whether Berachain has what it takes to challenge Solana’s dominance in the smart contract space. New Solana killer Berachain: What is it and how is it performing ? Berachain is a next-generation “Ethereum-killer” Layer 1 blockchain that combines high-functionality smart contracts with an innovative consensus mechanism known as Proof-of-Liquidity (PoL). Unlike traditional models, PoL requires validators to provide liquidity rather than staking tokens or consuming energy, aligning incentives across the network and ensuring ample liquidity for a wide range of DeFi applications. Since its launch on February 6, Berachain has gained steady traction, climbing from $5 to $6. While it previously met resistance at $9, the latest 24-hour rally has reignited bullish momentum—potentially setting the stage for a breakout above that key level. Challenging the $9 resistance level won’t come easy. Berachain’s Relative Strength Index (RSI) has climbed to 70, pushing the asset into overbought territory—often a precursor to short-term profit-taking. While it gained 2.5% in the last hour, indicating strong buying momentum, a near-term breakout above $9 remains unlikely without a cooling period. Still, the bigger picture is impressive. In just one month, Berachain has reached a market cap of $871 million, making it the 99th largest cryptocurrency. It’s a clear sign that established Layer 1s like Solana and Ethereum may face serious competition from this fast-rising contender in 2025.

Berachain Climbs 14%, Is a Stronger Breakout Ahead? Berachain jumps to $7.89, posting a 14% rally. BERA’s daily trading volume soars by 168%. After a short-lived bullish correction, the crypto market is experiencing a combination of losses and gains. While others are fighting for a recovery, Berachain (BERA) has beaten the uncertainty and emerged as one of the leading gainers with a 14.57% increase in value.  The potent bulls have driven the price to reach a daily peak of $8.03, breaking through its crucial resistance levels from a low of $6.86. Surpassing the upcoming resistance could pave the way for further gains. At the time of writing, Berachain trades in the $7.89 range, with the daily trading volume resting at $254 million. Notably, the market has observed a liquidation of $1.07 million worth of Berachain during this timespan.  BERA has climbed by over 29.91% in the last seven days with the asset opening the week trading at around $6.03, and the bulls maintained the trading pace without dropping to the current trading level.  Will BERA Bulls Hold Their Ground? Berachain’s active upside correction could push the price climb to $8.05. Upon assuming a continuous bullish trajectory for the asset, the price might jump to $9 and clearing this zone could fuel a strong bullish action.  A death cross may form if the bullish trend stalls, and it could lead Berachain to encounter a series of support levels between $7.78 and $6.71. Further slippage in price might trigger a steep fall below this range.  In addition, BERA’s Moving Average Convergence Divergence (MACD) line has crossed above the signal line. This infers a bullish crossover and the price may potentially rise, demonstrating a resilient uptrend. BERA chart (Source: TradingView) The Chaikin Money Flow (CMF) indicator of the asset is settled at 0.01, hinting slight accumulation and the price may consolidate or experience a slight surge. Concurrently, the daily trading volume of Berachain has increased by over 168%. BERA’s daily relative strength index (RSI) at 70.79 suggests that the asset is nearing overbought territory, indicating strong bullish momentum. Moreover, the Bull Bear Power (BBP) reading of 0.9200 indicates that bulls are stronger than bears. Disclaimer: The opinion expressed in the article is solely the author’s. It does not represent investment advice. TheNewsCrypto team encourages everyone to do their own research before investing. Highlighted Crypto News FLOKI Eyes $0.000070, Can the Uptrend Hold? $BERA