Bitcoin (BTC) Bounce to Start Here, Ethereum (ETH) to Skyrocket? Toncoin (TON) Dominates Top 15
Author: Content EditorFor Bitcoin, despite its recent decline, technical indicators and historical trends suggest that it may begin another upward leg. Bitcoin needs to maintain its support levels between $87,000 and $90,000 to attempt reaching the six-figure milestone again. The high trading volume indicates market interest and the possibility of buyers returning.
As for Ethereum, it has broken a crucial resistance level at $3,430, signaling a change in market sentiment. It has shown strong bullish signals on the chart, with rising moving averages and a bullish RSI. The next resistance level for Ethereum is between $3,800 and $4,000.
Toncoin has experienced a remarkable 19% gain in one week, becoming the best-performing cryptocurrency among the top 15. The chart indicates a strong bullish trend, with a breakout above important moving average levels. The high volume suggests increasing investor interest, and the next resistance level to watch is around $7.50.
Overall, investors should monitor these cryptocurrencies' movements and maintain caution, as maintaining key support levels will be crucial for further gains.