Let's take a look at the latest situation in Bitcoin and popular altcoins and examine where prices may be headed!
Yesterday's US employment data was met with a positive reaction on the Bitcoin side, and BTC rose to $63,000 levels. This rise was also positively reflected in altcoins and many assets showed a nice increase. For the continuation of the uptrend, we can watch the break of $63,800 levels.
Bitcoin (BTC): BTC/USDT gained 6.3% in the last 24 hours and is currently trading around $63,000. Resistance levels for BTC are first at $64,000 and then at $69,000. Support levels are $60,000 and $52,000 below this level.
Ethereum (ETH): ETH/USDT gained 4.2% in the last 24 hours and is currently trading around $3,116. Resistance levels for ETH are first at $3,320 and then at $3,435. Support levels are $3,100 and $2,898 below this level.
Ripple (XRP): The XRP/USDT pair gained 3.17% in the last 24 hours and is currently trading around $0.5294. The first resistance level for XRP is $0.573, followed by $0.6606. Support levels are $0.498.
Solana (SOL): SOL/USDT gained 5.41% in the last 24 hours and is currently trading around $145.8. The first resistance level for SOL is $145.54, followed by $179.8. Support levels are first $102.38, then $79.41.
Cardano (ADA): ADA/USDT gained 2.56% in the last 24 hours and is currently trading around $0.4682. The first resistance level for ADA is $0.591, followed by $0.775. Support levels are first $0.4003 and then $0.2657.
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I EXPLAIN IN DETAIL.
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