The cryptocurrency market lights with Bitcoin that recovers important levels. Altcoins also collect, with Ethereum leading the peloton.
Bitcoin -price
Bitcoin is still in a bullish trend, with the price that is now approaching the level of $ 105,000. Bitcoin is currently showing strong signs on the weekly graph. The MACD, a momentum indicator, is close to attaching a bullish crossover, which has not happened since October 2024. Fits crossovers as these have led to strong rallies, so traders look at confirmation at the next weekly closure.
A cluster of liquidity near $ 105,000 attracts attention. Historically, Bitcoin tends to go to such areas, making a movement to that level probably in the coming days. Strong resistance may look like $ 106,000- $ 109,000, near earlier all-time highlights.
Ethereum -Price:
Ethereum finally went back above $ 2,500 and shows some real strength after weeks of slow movement. A recent network upgrade called Pectra did not have much impact in the beginning, but now prices are rising, investors are starting to feel confident again.
The price is now broken above the level of $ 2,500, which is a strong sign of recovery. In recent months, ETH had found solid support around $ 1500 and it now pushes resistance zones between $ 2,700 and $ 2,800.
XRP -Price:
XRP has also seen a sharp movement and jumps to around $ 2.48. This turnout came without important news, which suggests that it could be powered by short -term hype or speculation. XRP -Sentiment is currently high, but some analysts warn that it can be a temporary peak, unless stronger news supports the price.
A confirmed breakout above $ 2.45 could mark the start of a new uptrend, with possible resistance for $ 2.56, $ 2.80 and $ 3. If the outbreak failed, the support is almost $ 2.30. Momentum is, however, building when XRP tests the top of its falling channel test.
Solana
Solana continues its strong upward trend, powered by a long -term bullish divergence. The price recently broke above the most important 50% Fibonacci retracement level at $ 167. The following resistance zones to view are around $ 179 and then the large “Golden Pocket” vary between $ 191 and $ 200. If the prices fall, support is expected at $ 167, $ 154 and Highere points, with the general trend, with Highere points, with $ 146. The general trend, with $ 146. Buller, and $ 146. On the graph.
