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What is the latest status of Bitcoin and Cryptocurrencies? When will the market stagnation end? When will the price end its sideways movement? Here are the prices of Bitcoin (BTC), Ethereum (ETH), and popular altcoins!
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Bitcoin (BTC), which suffered a sharp sell-off in recent days and fell to $38,500 levels, made a good reaction on the previous day and rose by about 5%. With this rise, the price managed to enter the current range structure again. The fact that the price ended its rise at the level of $42,000, which is the previous resistance level it could show, seems to indicate that it is not willing to go up.
If the price can break the $42,000 levels, we can watch a nice rise if the correction it makes also holds on to the lower support region of the range structure. The first region it wants to target seems to be the FVG (price gap) region drawn in blue. We are in an important area to be monitored.
Bitcoin and Cryptocurrencies: Latest Status – January 27
Bitcoin (BTC): The BTC/USDT pair has gained 3.61% in the last 24 hours and is trading at $41,598. The resistance levels for BTC are first $42,000, followed by $43,300. The support levels are $40,200 and below this region, $38,500.
Ethereum (ETH): The ETH/USDT pair has gained 2.24% in the last 24 hours and is trading at $2,262. The first resistance level for ETH is $2,400, followed by $2,600. The support levels are $2,100 and then $1,900.
Near Protocol (NEAR): The NEAR/USDT pair has gained 0.88% in the last 24 hours and is currently trading at $2.865. The resistance levels for NEAR are first $3.1, followed by $3.260. The support levels are $2.8 and then $2.5.
Altlayer (ALT): The ALT/USDT pair has gained 7.80% in the last 24 hours and is currently trading at $0.36212. The resistance levels for ALT are first $3.70, followed by $4. The support levels are first $3.465-3.48, followed by $3.12-3.14.
Fantom (FTM): The FTM/USDT pair has increased 6.45% in the last 24 hours. It is currently trading at $0.3653. The resistance levels are $0.38 and $0.42. The support levels are first $0.3570, followed by $0.33.
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