Ethereum’s Recent Price Action

Ethereum (ETH) recently dropped sharply from $3400, falling below the $3000 mark. However, it quickly found strong buying support at lower levels, leading to a swift recovery. The price rebounded and reached $3200, signaling the presence of a strong demand zone where buyers stepped in aggressively.

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This movement highlighted both short-term selling pressure and a key buying opportunity in the market.

Technical Analysis: Will Ethereum Continue to Rise?

Looking at the ETH/USDT 4-hour chart, we can observe Ethereum’s strong bounce after its sharp decline.

• Short-Term Moving Averages (Red, Orange, and Blue Lines): Ethereum is currently testing short-term moving averages. The 20 EMA (red line) and 50 EMA (orange line) are acting as resistance. A breakout above these levels is crucial for further upside momentum.
• Long-Term Moving Average (Blue Line): Breaking this level could pave the way for Ethereum to reclaim the $3400+ zone.

Key Support and Resistance Levels

• Support: $3100, $3000
• Resistance: $3250, $3400

Next Targets for Ethereum

If Ethereum holds above $3200, it may continue its rally toward $3400. However, if it fails to sustain above $3100, another retest of the $3000 support level could be imminent.

Investors should closely monitor these critical resistance levels and keep an eye on Bitcoin’s price action, as it could significantly influence Ethereum’s trajectory.

Ethereum has demonstrated a strong recovery after facing intense selling pressure. The ability to stay above $3200 will be a crucial factor in determining whether ETH can push higher. A breakout above $3250 could fuel further gains, while a drop below $3100 may trigger another correction.

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The post Ethereum Price Rebounds After Sharp Drop! What’s Next? appeared first on Coin Engineer.

Bitcoin Intraday Key Levels

The BTC/USD pair has gained 3.71% over the past 24 hours and is currently trading at $102,596. Bitcoin (BTC) has broken the $101,545 resistance level, moving into a higher zone. If the uptrend continues, the next resistance level is $105,766. Key support levels are located at $102,599 and $101,545.

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Ethereum (ETH): The ETH/USDT pair has risen by 4.06% in the last 24 hours and is currently trading at $3,189. For Ethereum (ETH), resistance levels are at $3,217 and $3,290, while support levels are at $3,091 and $2,994.

XRP (XRP): The XRP/USDT pair gained 10.40% in the past day and is trading at $3.0856. Resistance levels for XRP are at $3.1460 and $3.2832, with support zones at $2.8882 and $2.6541 if the downtrend intensifies.

Movement (MOVE): The MOVE/USDT pair increased by 8.13% in the last 24 hours and is currently trading at $0.7162. Resistance levels for MOVE are at $0.7477 and $0.8299, while support zones are $0.6767 and $0.6283.

Tezos (XTZ): The XTZ/USDT pair has climbed 6.10% in the last 24 hours and is trading at $1.094. Resistance levels for XTZ are at $1.129 and $1.189, with support zones at $1.081 and $1.013.

Trending Coins

Over the past 24 hours, the top trending coins in the crypto market include MANTRA (OM), Vine (VINE), and Toshi (TOSHI).

Top gainers:

• Venice Token (VVV)
• DeepBook (DEEP)
• Jupiter (JUP)

Top losers:

• Pudgy Penguins (PENGU)
• Vine (VINE)
• Onyxcoin (XCN)

Bitcoin Liquidation Map

Looking at Bitcoin’s 12-hour liquidation map, the notable liquidation zone on the upside is at $103,872 with $19.02 million. On the downside, a significant liquidation zone is at $101,772 with $23.92 million.

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The post The Latest on Bitcoin and Cryptocurrencies: 28 January appeared first on Coin Engineer.

Bitcoin Intraday Key Levels

The BTC/USDT pair has gained 0.12% in the last 24 hours and is currently trading at $93,833. Bitcoin (BTC) seems to have bounced off the previously identified $92,503 support. If it continues to rise, the key resistance level to watch is $94,703. The support levels are $93,138 and $92,503, respectively.

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Ethereum (ETH): The ETH/USDT pair has dropped 0.80% in the last 24 hours and is now trading at $3,386. For ETH, the resistance levels are $3,440 and $3,535, while the support levels stand at $3,290 and $3,217.

Bitget Token (BGB): The BGB/USDT pair has experienced a sharp drop of 15.98% over the last day, now trading at $5.70. Key resistance levels are $6.06 and $6.59, with support zones at $5.51 and $5.07 if the decline deepens.

Stacks (STX): The STX/USDT pair has declined by 0.92% over the past 24 hours and is trading at $1.553. Resistance can be found at $1.556 and $1.587, while the support levels are $1.443 and $1.357.

Celestia (TIA): The TIA/USDT pair has fallen by 1.68% in the last day and is currently trading at $4.76. Resistance zones are $4.95 and $5.18, with support levels at $4.62 and $4.36.

Trending Coins

The top trending coins in the last 24 hours include ai16z (AI16Z), PHNIX (PHNIX), and Virtuals Protocol (VIRTUAL). Among the top gainers are Zerebro (ZEREBRO), AI Rig Complex (ARC), and ai16z (AI16Z). Meanwhile, the top losers are PHALA (PHA), Tokenize Xchange (TKX), and Moca Network (MOCA).

Bitcoin Liquidation Map

Analyzing Bitcoin’s 12-hour liquidation map:

• On the upside, the largest visible liquidation stands at $95,268 with $40 million.
• On the downside, the key level is $93,364, also with $40 million in liquidations.

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The post The Latest on Bitcoin and Cryptocurrencies: December 31 appeared first on Coin Engineer.

Bitcoin Intraday Key Levels

The BTC/USDT pair has gained 0.55% in the last 24 hours, currently trading at $95,947. Bitcoin (BTC) has broken the resistance level mentioned in our November 27th analysis and is continuing its upward movement. If it keeps rising, it could face resistance in the FVG region, ranging from $96,500 to $98,000. A 4-hour closing above this level will push the price toward the ATH resistance zone. Key support levels are at $94,700 and $91,213.

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Ethereum (ETH): The ETH/USDT pair has lost 1.86% in the past 24 hours and is currently trading at $3,567. Resistance levels for ETH are at $3,649 and $3,886. Support levels are at $3,527 and $3,440.

Algorand (ALGO): The ALGO/USDT pair has surged by 20.37% in the last 24 hours, currently at $0.34. Resistance levels are at $0.36 and $0.39. Support levels are at $0.328, with deeper corrections possible at $0.31.

Artificial Superintelligence Alliance (FET): The FET/USDT pair has gained 10.71% in the last 24 hours, trading at $1.63. Resistance levels are at $1.71 and $1.74. Support levels are at $1.56, with further downside potential at $1.53.

Render (RENDER): The RENDER/USDT pair has increased by 7.47% in the past 24 hours, currently priced at $8.74. Resistance levels are at $8.96 and $9.33. Support levels are at $8.28, with a deeper drop possible at $7.46.

Trending Coins

In the last 24 hours, the most trending coins in the crypto market include Hyperliquid (HYPE), Virtuals Protocol (VIRTUAL), and Grass (GRASS). The biggest gainers include ai16z (AI16Z), Virtuals Protocol (VIRTUAL), and Act I The AI Prophecy (ACT). The biggest losers are Just a chill guy (CHILLGUY), Fwog (FWOG), and Echelon Prime (PRIME).

Bitcoin Liquidation Map

Looking at Bitcoin’s 12-hour liquidation map, the key liquidation level on the higher side is $97,844, with $31 million in liquidations. On the lower side, $94,827 is the main liquidation level, with $37 million in liquidations.

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The post Current Status of Bitcoin and Cryptocurrencies: November 29 appeared first on Coin Engineer.

The lateral movement in Bitcoin continues. In order for the rise to continue, we also need to see closes above the 36,000 level. Closes below the 33,800 level could signal a possible correction and retracement.

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The Latest Status in Cryptocurrencies – November 6

‣ Bitcoin (BTC) BTC/USD pair is trading at $35166 with a 0.31% increase. Resistance levels for BTC are in the range of $36000 – $39800, while support levels are in the range of $31000 – $30200.

‣ Ethereum (ETH) The ETH/USDT pair is trading at $1889 with a 0.23% decrease. Resistance levels for ETH are in the range of $1885 – $1960, while support levels are in the range of $1815 – $1789.

‣ Aptos (APT) The APT/USD pair is trading at $7.02 with a 1.88% increase. Resistance levels for APT are in the range of $7.82 – $8.74, while support levels are in the range of $6.64 – $6.02.

‣ Near (NEAR) The NEAR/USD pair is trading at $1.59 with a 2.64% decrease. Resistance levels for NEAR are in the range of $1.70 – $1.96, while support levels are in the range of $1.53 – $1.47.

‣ Avax (AVAX) The AVAX/USD pair is trading at $13.08 with a 5.85% increase. Resistance levels for AVAX are in the range of $14.89 – $16.00, while support levels are in the range of $12.72 – $11.27.

You can freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

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Bitcoin maintaining above $35,000 on a daily basis is a positive signal. As long as we maintain the $34,000 level on daily basis, we hope that Bitcoin will continue to target $36,500 levels. We are aware that this situation also signals that positive movements can be expected for many altcoins.

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The Latest Status in Cryptocurrencies – November 5

‣ Bitcoin (BTC) BTC/USD pair is trading at 35171 dollars with a 0.06% increase as the article was written. Resistance levels for BTC are between 36000 dollars – 39800 dollars, while support levels are between 31000 dollars – 30200 dollars.

‣ Ethereum (ETH) ETH/USDT pair is trading at 1883 dollars with a 1.41% increase as the article was written. Resistance levels for ETH are between 1885 dollars – 1960 dollars, while support levels are between 1815 dollars – 1789 dollars.

‣ Binance Coin (BNB) BNB/USD pair is trading at 244.3 dollars with a 2.95% increase as the article was written. Resistance levels for BNB are between 250 dollars – 257 dollars, while support levels are between 240.9 dollars – 233.6 dollars.

‣ Waves (WAVES) WAVES/USD pair is trading at 1.95 dollars with a 4.22% increase as the article was written. Resistance levels for WAVES are between 1.98 dollars – 2.18 dollars, while support levels are between 1.84 dollars – 1.72 dollars.

‣ Arweave (AR) AR/USD pair is trading at 6.30 dollars with a 4.40% increase as the article was written. Resistance levels for AR are between 6.44 dollars – 7.11 dollars, while support levels are between 5.99 dollars – 5.51 dollars.

You can freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post The Latest Status in Cryptocurrencies! – November 5 appeared first on Coin Engineer.

Bitcoin is currently at a critical level. This area is seen as a key point in terms of whether the rise will continue or the correction movement will continue. If we see two 4-hour closes below $34,000, there could be a drop to $32,500. However, if it protects this area, it can rise up to $36,350 by gathering strength.

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The Latest Status in Cryptocurrencies – November 3

‣ Bitcoin (BTC) The BTC/USD pair is trading at $34,713 with a drop of 0.79% at the time of writing. The resistance levels for BTC are within the range of $36,000 – $39,800, while the support levels are within the range of $31,000 – $30,200.

‣ Ethereum (ETH) The ETH/USDT pair is trading at $1,800 with a decrease of 0.94% at the time of writing. The resistance levels for ETH are within the range of $1,885 – $1,960, while the support levels are within the range of $1,815 – $1,789.

‣ Solar (SXP) The SXP/USD pair is trading at $0.33 with an increase of 3.27% at the time of writing. The resistance levels for SXP are within the range of $0.35 – $0.38, while the support levels are within the range of $0.32 – $0.26.

‣ Near (NEAR) The NEAR/USD pair is trading at $1.47 with a decrease of 1.47% at the time of writing. The resistance levels for NEAR are within the range of $1.63 – $1.70, while the support levels are within the range of $1.44 – $1.33.

‣ Tomo (TOMO) The TOMO/USD pair is trading at $1.33 with a decrease of 18.07% at the time of writing. The resistance levels for TOMO are within the range of $1.53 – $1.67, while the support levels are within the range of $1.17 – $0.96.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

The post The Latest Status in Cryptocurrencies! – November 3 appeared first on Coin Engineer.

Bitcoin is currently showing a sideways movement. However, the market may start to become active soon. The reason for this is the expected announcement of the Federal Reserve (Fed) interest decision tomorrow and the subsequent speech by Federal Reserve Chairman Powell. Also this week, US economic data will be released, and all this data can have a significant impact on Bitcoin. Powell’s speech could especially have a significant impact on the markets.

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The Latest Status in Cryptocurrencies – 31 October

‣ Bitcoin (BTC) BTC/USD pair is trading at 34264 dollars level with a 0.75% decrease. Resistance levels for BTC are in the range of 36000 dollars – 39800 dollars, while the support levels are in the range of 31000 dollars – 30200 dollars.

‣ Ethereum (ETH) ETH/USDT pair is trading at 1802 dollars level with a 0.44% decrease. Resistance levels for ETH are in the range of 1885 dollars – 1960 dollars, while the support levels are in the range of 1815 dollars – 1789 dollars.

‣ Dydx (DYDX) DYDX/USD pair is trading at 2.39 dollars level with a 1.89% decrease. Resistance levels for DYDX are in the range of 2.59 dollars – 2.74 dollars, while the support levels are in the range of 2.27 dollars – 2.00 dollars.

‣ ApeCoin (APE) APE/USD pair is trading at 1.35 dollars level with a 1.94% decrease. Resistance levels for APE are in the range of 1.40 dollars – 1.60 dollars, while the support levels are in the range of 1.30 dollars – 1.09 dollars.

‣ Bluzelle (BLZ) BLZ/USD pair is trading at 0.317 dollar level with a 13.63% increase. Resistance levels for BLZ are in the range of 0.323 dollar – 0.394 dollar, while the support levels are in the range of 0.287 dollar – 0.262 dollar.

You can freely share your thoughts and comments about the topic in the comment section. Please don’t forget to follow us on our Telegram, YouTube and Twitter channels for the latest news.

The post The Latest Status in Cryptocurrencies! – 31 October appeared first on Coin Engineer.

We can say that 34,000$ is a strong support level for Bitcoin. Even in case of drops, there is usually a tendency to recover above this level. If we conduct a detailed analysis, we can predict that a flag formation can occur. Therefore, it is important to be careful about potential breaks.

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The Latest Status in Cryptocurrencies – October 29

• Bitcoin (BTC) is currently trading at $34,180 with a 0.17%. The resistance levels for BTC are in the range of $36,000 to $39,800, while the support levels are in the range of $31,000 to $30,200.
• Ethereum (ETH) is currently trading at $1,786 with a 0.60%. The resistance levels for ETH are in the range of $1,885 to $1,960, while the support levels are in the range of $1,815 to $1,789.
• Ocean (OCEAN) is currently trading at $0.38 with a 4.63%. The resistance levels for OCEAN are in the range of $0.40 to $0.50, while the support levels are in the range of $0.35 to $0.30.
• Curve (CRV) is currently trading at $0.48 with a 1.42%. The resistance levels for CRV are in the range of $0.54 to $0.62, while the support levels are in the range of $0.46 to $0.40.
• Coin98 (C98) is currently trading at $0.17 with a 3.35%. The resistance levels for C98 are in the range of $0.20 to $0.24, while the support levels are in the range of $0.15 to $0.13.

In the comment section, you can freely share your comments and  opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube, and Twitter for the latest news and updates.

The post The Latest Status in Cryptocurrencies! – October 29 appeared first on Coin Engineer.

Weekends often observe key movements in the Bitcoin market. Right now Bitcoin is stuck between 33,250 and 35,100 and if this horizontal movement continues, we can expect a positive move in altcoins.

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The Latest Status in Cryptocurrencies – 28 October

‣ Bitcoin (BTC) The BTC/USD pair is trading at the level of 34,110 dollars with a 0.62% increase at the time of writing. Resistance levels for BTC are in the range of 36,000 dollars – 39,800 dollars, while support levels are in the range of 31,000 dollars – 30,200 dollars.

‣ Ethereum (ETH) The ETH/USDT pair is trading at the level of 1,790 dollars with a 0.59% increase at the time of writing. Resistance levels for ETH are in the range of 1,885 dollars – 1,960 dollars, while support levels are in the range of 1,815 dollars – 1,789 dollars.

‣ Binance Coin (BNB) BNB/USD pair is trading at the level of 227 dollars with a 1.43% decrease at the time of writing. Resistance levels for BNB are in the range of 244 dollars – 254 dollars, while support levels are in the range of 213 dollars – 205 dollars.

‣ Solana (SOL) The SOL/USD pair is trading at the level of 32.30 dollars with a 1.89% decrease at the time of writing. Resistance levels for SOL are in the range of 36.37 dollars – 41.54 dollars, while support levels are in the range of 29.1 dollars – 26.59 dollars.

‣Near (NEAR) The NEAR/USD pair is trading at the level of 1.24 dollars with a 1.80% decrease at the time of writing. Resistance levels for NEAR are in the range of 1.36 dollars – 1.41 dollars, while support levels are in the range of 1.11 dollars – 1.04 dollars.

In the comment section, you can freely share your comments and  opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube, and Twitter for the latest news and updates.

The post The Latest Status in Cryptocurrencies! – 28 October appeared first on Coin Engineer.