Bitcoin cannot close the day above $38,000, so we need to be well-prepared for the next period. A quick surge is expected in a potential rise scenario, but care must be taken in future transactions. On the other hand, Bitcoin does not paint a hopeful picture for altcoins in the case of a decrease scenario. New investors need to be cautious. The latest Status is going very well!

‣ Bitcoin (BTC) The BTC/USD pair is trading at $37,711 with a 0.44% drop as of the article’s writing. Resistance levels for BTC are in the range of $38,400 – $39,300, support levels are in the range of $37,000 – $36,400.

‣ Ethereum (ETH) The ETH/USDT pair is trading at $2,031 with a 0.10% increase as of the writing of the article. Resistance levels for ETH are in the range of $2,090 – $2,130, support levels are in the range of $2,000 – $1,967.

‣ Ocean (OCEAN) The SOL/USD pair is trading at $0.447 with a 4.93% increase as of the article’s writing. Resistance levels for OCEAN are in the range of $0.465 – $0.495, support levels are in the range of $0.425 – $0.385.

‣ Origin Protocol (OGN) The OGN/USD pair is trading at $0.131 with a 2.76% increase as of the article’s writing. Resistance levels for OGN are in the range of $0.135 – $0.139, support levels are in the range of $0.129 – $0.125.

‣ ApeCoin (APE) The APE/USD pair is trading at $1.62 with a 2.92% increase as of the article’s writing. Resistance levels for APE are in the range of $1.66 – $1.75, support levels are in the range of $1.58 – $1.53.

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The post Latest Status in Bitcoin and Cryptocurrencies! – 30 November appeared first on Coin Engineer.

Bitcoin has experienced many rapid rises and falls in its history. However, recently, the leader of the cryptocurrency market Bitcoin attracts attention with lower volatility. Many investors and analysts are welcoming this situation as a surprising development. But this calm also brings up important questions about the future of cryptocurrencies.

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Bitcoin Volatility At Very Low Levels: A Maturing Market?

Some market observers think that this stable period of Bitcoin could be a positive sign. Lower volatility may indicate that Bitcoin is beginning to mature and attract the interest of a broader investor base. Additionally, low volatility could make Bitcoin more functional as a payment instrument or unit of value storage.

Cryptocurrency market commentators express their astonishment at the low volatility of Bitcoin recently on social media platforms. additionally famous commentators like Cryptarbitrage and Scott Melker are addressing this low volatility in Bitcoin and bringing up important issues.

Cryptarbitrage points out that the implied volatility (IV) in Bitcoin is in double digits, which could be an important indicator for the future of the cryptocurrency market. Currently, IV hovers around 11%, prompting market observers to predict and question the possibility of this level dropping below 10%.

The quietness in the market in recent weeks has been described as “boring” by Scott Melker. This quiet period shows that Bitcoin is away from the rapid price fluctuations we typically see.

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Bitcoin continues its boring sideways movement. Short-term downtrends have also started. However, there don’t seem to be any formations that would lead to a significant drop. We will understand the direction of the upcoming news flow.

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The Latest Status of Bitcoin and Cryptocurrencies

• Bitcoin (BTC) is currently trading at $25,729 with a 0.47% decrease. The resistance levels for BTC are in the range of $26,800 to $28,200, while the support levels are in the range of $25,400 to $25,000.
• Ethereum (ETH) is trading at $1,621 with a 0.52% decrease. The resistance levels for ETH are in the range of $1,694 to $1,731, while the support levels are in the range of $1,603 to $1,550.
• XRP (XRP) is trading at $0.50 with a 0.47% decrease. The resistance levels for XRP are in the range of $0.513 to $0.53, while the support levels are in the range of $0.491 to $0.479.
• Litecoin (LTC) is trading at $63.22 with a 0.78% decrease. The resistance levels for LTC are in the range of $66.1 to $69.5, while the support levels are in the range of $61.3 to $55.2.
• Avax (AVAX) is trading at $9.78 with a 0.20% decrease. The resistance levels for AVAX are in the range of $10.8 to $11.4, while the support levels are in the range of $9.6 to $8.8.

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The post The Latest Status of Bitcoin and Cryptocurrencies! – September 5 appeared first on Coin Engineer.

Bitcoin has entered a new week, but it has not yet managed to surpass the $26,000 level, and the weekly closing currently looks good. Sideways movement in Bitcoin may continue for a while.

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The Latest Status of Bitcoin and Cryptocurrencies

• Bitcoin (BTC) is trading at $25,985 with a 0.23% decrease against the USD. The resistance levels for BTC are in the range of $26,800 to $28,200, while the support levels are between $25,400 and $25,000.
• Ethereum (ETH) is trading at $1,636 with a 0.02% decrease against USDT. The resistance levels for ETH are in the range of $1,694 to $1,731, while the support levels are between $1,603 and $1,550.
• Dydx (DYDX) is trading at $2.07 with a 1.96% increase against the USD. DYDX has resistance levels in the range of $2.17 to $2.30, while its support levels are between $2.02 and $1.88.
• Aptos (APT) is trading at $5.52 with a 1.15% increase against the USD. APT’s resistance levels are in the range of $6.08 to $6.69, while its support levels are between $5.40 and $4.93.
• Bluzelle (BLZ) is trading at $0.141 with a 9.98% increase against the USD. BLZ has resistance levels in the range of $0.152 to $0.175, while its support levels are between $0.123 and $0.101.

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The post The Latest Status of Bitcoin and Cryptocurrencies! – September 4 appeared first on Coin Engineer.

Bitcoin is currently maintaining a sideways trend, and as we approach the weekend, we might see some significant movements in Bitcoin. If Bitcoin closes below the 25,800 level, we could discuss a scenario of decline. To talk about Bitcoin resuming its upward trend, also we would need to see closures aboce the 26,800 level.

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The Latest Status of Bitcoin and Cryptocurrincies

• Bitcoin (BTC) is trading at $26,142 with a 0.05% increase against the USD. The resistance levels for BTC are in the range of $26,800 to $28,200 , while the support levels are in the range of $26,000 to $25,000.
• Ethereum (ETH) is trading at $1,651 with a 0.12% decrease against USDT. The resistance levels for ETH are in the range of $1,694 to $1,731 , while the support levels are in the range of $1,642 to $1,550.
• Tomo (TOMO) is trading at $0.98 with a 3.07% decrease against the USD. The resistance levels for TOMO are in the range of $1.09 to $1.29 , while the support levels are in the range of $0.94 to $0.84.
• ApeCoin (APE) is trading at $1.43 with a 1.05% decrease against the USD. The resistance levels for APE are in the range of $1.52 to $1.66 , while the support levels are in the range of $1.35 to $1.12.
• Curve (CRV) is trading at $0.45 with a 0.16% increase against the USD. The resistance levels for CRV are in the range of $0.49 to $0.54, while the support levels are in the range of $0.43 to $0.36.

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The post The Latest Status of Bitcoin and Cryptocurrencies! – August 26 appeared first on Coin Engineer.