Daily Market Review: $BTC , $ETH , $GNO
Bitcoin faces massive corrections today. The current price hovers near the lower Bollinger Band, suggesting potential support around $67,600. Resistance might be at the 20-period SMA near $69,400. As of press time, the Bitcoin price stood at $67,746, representing a 2.3% drop from its previous 24-hour price.
Ethereum (ETH) is also correcting in today’s session, as seen from its price movements. On the other hand, immediate support is around $3,542, with resistance likely near the Alligator’s green line around $3,650. As of press time, the Ethereum price stood at $3,540, representing a 3.5% drop from its previous 24-hour price.
Gnosis (GNO) was another gainer in today’s session, as seen from its price movements.On the other hand, the support might be at the top boundary of the Ichimoku cloud, around $344, while resistance can be anticipated at the recent high of around $350. As of press time, the Gnosis stood at $349.46, representing an 8.8% jump from its previous 24-hour price.