This crypto news content discusses the potential recovery of Bitcoin, Ethereum, and Toncoin.

For 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.



Other News from Today