LIVEFocus on these four cryptocurrencies for trading due to their consistent adherence to key support and resistance levels and their demonstrated strength:
- Bitcoin (BTC): A breach of the $72.2k mark on the 4-hour chart could indicate potential new all-time highs.
- Ethereum (ETH): The $3800 level is the primary resistance to watch. Overcoming this could pave the way to $4k. ETH is outperforming BTC on shorter time frames, likely driven by ETF speculation.
- Bonk (BONK): This coin showed a clear range break opportunity. If it maintains a bullish structure above its previous range highs, we could see a move toward $0.035 and possibly new all-time highs.
- Pepe (PEPE): Its robust performance on higher time frames suggests that any pattern of breakout, retest, and consolidation above its all-time highs is a strong signal for a long position.
Additionally, notable performers like ENS and LDO have emerged as top assets among Ethereum-based tokens, with ENS experiencing a significant 22% increase.
Let me know if you have any questions!
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