Entering the new week with a surge, Bitcoin (BTC) kicks off with a strong performance while Ethereum (ETH) once again surpasses the $3500 mark. Amidst this dynamic market activity, Furrever Token (FURR) stands out, unveiling its charm with a promise of 15X ROI potential and an endearing appeal.
Bitcoin (BTC) Starts the New Week with a Bang
Bitcoin (BTC), the most valuable cryptocurrency in the crypto world, kicked off the new week with a bang. Yesterday, Bitcoin once again surpassed the 69k resistance level and closed the week at 69360 dollars with a 0.67% gain. Starting the first day of the new week with an upward trend, Bitcoin (BTC) is currently trading at 72214 dollars with a 4.11% gain.
Starting the previous week with a decline, Bitcoin (BTC) recovered after dropping to 64550 dollars, and once again rose above 69k dollars before closing the week at 69360 dollars. Beginning the new week with strong buying appetite, Bitcoin (BTC) continues to trade above 72k dollars with a 4.11% increase. Looking at the Bitcoin (BTC) chart, I believe the targets above 71k dollars are 73k dollars and 75k dollars respectively. In case it drops below 71k dollars again, the first support levels to watch would be EMA5 at 69804 dollars and 69k dollars.
Ethereum (ETH) Crosses 3500 Dollars Again
Increasing its value by approximately 30 billion dollars in a day, Ethereum (ETH) continues to hold the second position behind Bitcoin (BTC) with a market capitalization of 434 billion dollars. Experiencing selling pressure like the entire crypto world at the beginning of the week, Ethereum (ETH) compensated for most of these losses before the weekly closing, ending the week at 3454.1 dollars. Starting the new week with buying interest, Ethereum (ETH) is currently trading at 3611.6 dollars with a 4.56% gain.
Facing strong selling pressure last week, Ethereum (ETH) pulled back to EMA55 and the 3205 dollars support level during the week, rebounding from there to close the week at 3454.1. Starting the new week positively, Ethereum (ETH) is currently trading at 3611.6 dollars with a 4.56% increase. Analyzing its chart, we see that Ethereum (ETH) has again sharply risen above EMA5 today. If the upward movement continues, the first resistance levels for Ethereum (ETH) would be the 3700 dollars and 4000 dollars levels that it failed to break last week. In case of market structure disruption and subsequent pullbacks, the initial support levels to monitor would be EMA21 at 3466.3 and EMA5 at 3463.8 dollars.
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