Trading

Axie Infinity's AXS token is trading in a tight range between the $1.264 support and the $1.505 resistance on the daily timeframe, with price still capped below key downward-sloping EMAs. Momentum indicators show weakening selling pressure, leaving the market at a pivotal point where a break of either $1.264 or $1.505 could set the next directional move.

Heading into the weekend, Bitcoin trades near $68,000, Ethereum around $1,960, and XRP close to $1.42. On February 20, 2026, Ali Charts said whales accumulated over 30,000 BTC in the past week and nearly 200,000 BTC over the last month, aligning with hidden bullish signals and resistance at $69,500–$70,000.

XRP is quoted below $1.45 as weekly Bollinger Bands widen and price presses the lower boundary near $1.32. The 20-week moving average sits around $2 and has capped rebounds since a peak above $3 in late 2025. A daily lower band near $1.274 flags potential for a 10% move while candles cluster around $1.30.

KITE has advanced from a base near $0.16 to highs around $0.2706, with bulls overcoming the $0.24–$0.25 barrier and now testing a dense resistance area below $0.30. Derivatives data show Open Interest climbing toward $100–$120 million and funding rates turning firmly positive, signaling leveraged long interest but also rising liquidation risk if momentum fades. Technical supports sit near $0.25, $0.20 and $0.18, while a sustained move above $0.27 could open a path toward the $0.30–$0.35 zone.

Bitcoin sentiment remains deep in extreme fear, with the Fear & Greed Index at 7 and stuck in that zone for 22 straight days. BTC has struggled to recover, trading around $67,700 after a bounce from $60,000. Thresholds mark fear below 47, greed above 53, and extreme bands at 25 and 75.

According to Google Trends data cited by AOL Finance, searches for "Bitcoin is dead" and "Bitcoin is going to zero" have climbed to record levels while the asset trades around $67,713. Matrixport analysts describe sentiment as extremely weak, and Bloomberg Intelligence's Mike McGlone outlines scenarios ranging from sharp downside risk to potential inflection after fear peaks.

Bitcoin has moved sideways for over two weeks and has spent more than six weeks consolidating between $85k and $90k, after briefly pushing above $97k before reversing. According to CoinMarketCap, the Fear and Greed Index has dropped into extreme fear, while soft spot demand and ETF outflows leave momentum weak and put focus on whether $65k can hold into late March.

Synthetix's SNX rallied 27% in the past 24 hours as trading volume nearly doubled to about $140 million. Market focus now turns to whether buyers can push price toward a nearby liquidity area around $0.4254, with momentum aided by strengthening derivatives participation.

Peter Schiff, chairman of Schiff Gold, tweeted yesterday that Bitcoin may slide toward $20,000 if its long-term $50k support gives way. On February 12, he said the cryptocurrency's "initial support" was around $10k. At press time, Bitcoin was near $68k after a failed move above $70k.

Bittensor's TAO token fell 5.25% in just over 24 hours to $174.2 while its trading volume climbed 15% to $117.50 million, signaling intense selling pressure. Technical readings and market positioning point to a possible decline toward $144 if TAO remains under the $207 resistance, even as derivatives and spot data reveal a split between short sellers and aggressive buyers.