CandleFocus

Analysis of the Kraken OTC Report – November 2024

The November 2024 report from Kraken OTC highlights the performance of Bitcoin, Ethereum, Solana, and Sui in the cryptocurrency market. Bitcoin is approaching the milestone of $100,000 but faces uncertainties and a possible correction. Ethereum has surpassed crucial resistances and is preparing to test new levels, with $3,563 as the next important target. Solana continues to rise but faces support levels and potential retracements. Sui experienced a rapid rally followed by a retracement, but remains above important support levels. Traders should closely monitor the technical evolution of each cryptocurrency and be prepared for potential profit-taking or consolidations.

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