At the moment, bitcoin has failed to overcome the $ 87,500 resistance level. Analytical models suggest that the correction bottom was reached at $ 77,000. In current market conditions, the potential for both growth and decline is limited. This may indicate consolidation at the current price level or continuation of the corrective movement of the dollar.
Ether (ETH)
Ether is stagnating at the level of the 20-day average. Bearish trends in the market are trying to push the price below the $ 1,927 level. However, with a break above the $ 2111 level, it is possible to rise to $ 2,850. This indicates the presence of resistance at current levels and the potential for growth if certain price barriers are overcome.
XRP has moved above the moving averages, but bears are trying to push the price below $ 2.36. With a rebound from the 20-day EMA, growth is possible. This indicates that, despite the bears ‘ attempts to reduce the price, there is also a bullish mood in the market, ready to support growth under favorable conditions.”
BNB
BNB found support at the 20-day EMA. A break above $ 644 could lead to a rally to $ 686. This indicates that there is support from buyers at current levels, and a break above a certain price level can activate further purchases and price growth.
Solana has deviated from the 20-day EMA, and bears continue to sell. However, with a rebound from the support zone, an increase to $ 163 is possible. This suggests that there is volatility and uncertainty in the market, as well as the possibility of corrective growth under certain conditions.
Cardano (ADA)
Cardano has deviated down from the moving averages, and bears are defending the\level. If you break above the moving averages, you can increase to $ 1.02. This indicates the presence of bearish trends and resistance at current levels, but also the potential for growth when certain barriers are overcome.
Dogecoin (DOGE)
Buyers are struggling to push Dogecoin above the 20-day EMA. If you break above the 20-day EMA, it is possible to rise to $ 0.29. This indicates that there is a struggle between buyers and sellers in the Dogecoin market, and a break above a certain level can activate further purchases and price growth.
