Ethereum is currently facing selling pressure as it tries to break out of its bearish trend, with its success depending on whether it can hold its support level at $2,550 and break through the resistance zone at $2,780. The Relative Strength Index (RSI) is approaching a critical level, indicating that traders are closely monitoring Ethereum's future. For Dogecoin, breaking above the 200 EMA level could indicate a long-term uptrend and a potential trend reversal, but strong resistance at the $0.12 mark needs to be overcome. Bitcoin is forming two possible chart patterns - a double bottom and a head and shoulders - each with different implications for its future price movement. The outcome will depend on whether Bitcoin can break above the $65,000 resistance level or experiences a decline below significant support levels like $61,000.



Other News from Today