You might like: Ethereum Users Can Now Stake Their Validators

With the pullback that occurred yesterday, Bitcoin value fell to the $40,000 level and is currently at a very critical point. The closing to be made today is of great importance for Bitcoin. In particular, it is important that Bitcoin does not close below $40,200. If a closing below this level occurs, the downward trend could continue towards the $36,000 levels.

Bitcoin and Cryptocurrencies Status Update! – January 19

• Bitcoin (BTC): BTC/USD pair is trading at $41,300, down 0.05% at the time of writing. The resistance levels for BTC are in the $41,400-$42,600 range, while the support levels are in the $41,000-$40,200 range.
• Ethereum (ETH): ETH/USDT pair is trading at $2,468, down 0.12% at the time of writing. The resistance levels for ETH are in the $2,540-$2,710 range, while the support levels are in the $2,375-$2,145 range.
• Ethereum Name Service (ENS): ENS/USDT pair is trading at $20.11, down 4.79% at the time of writing. The resistance levels for ENS are in the $21.80-$23.53 range, while the support levels are in the $19.08-$16.08 range.
• Mina (MINA): MINA/USDT pair is trading at $1.17, down 3.03% at the time of writing. The resistance levels for MINA are in the $1.30-$1.45 range, while the support levels are in the $1.15-$1.09 range.
• Sui (SUI): SUI/USDT pair is trading at $1.12, down 2.94% at the time of writing. The resistance levels for SUI are in the $1.20-$1.32 range, while the support levels are in the $1.08-$0.90 range.

The post Bitcoin and Cryptocurrencies Status Update! – January 19 appeared first on Coin Engineer.