Weekends in the crypto market usually see a drop in volume, which can make prices more susceptible to manipulation. Therefore, we should avoid using high leverage.

Bitcoin and Cryptocurrencies

Bitcoin (BTC): The BTC/USDT pair has gained 0.64% in value in the last 24 hours, trading at a level of 51,073. Resistance levels for BTC are firstly 52,400$, then 54,700$. Support levels are 50,600$ and if below this region, 50,000$.

Ethereum (ETH): The ETH/USDT pair has gained 1.46% in value in the last 24 hours, trading at a level of 2,960$. The first resistance level for ETH is 2,975$, then 3,060$. Support levels are firstly 2,710$, then 2,615$.

ImmutableX (IMX): The IMX/USDT pair has gained 1.57% in value in the last 24 hours, trading at a level of 3.09$. The first resistance level for IMX is 3.50$, then 4.68$. Support levels are firstly 2.00$, then 1.72$.

Synthetix (SNX): The SNX/USDT pair has gained 8.49% in value in the last 24 hours, trading at a level of 3.94$. The first resistance level for SNX is 4.043$, then 4.21$. Support levels are firstly 3.61$, then 3.474$.

Mask Network (Mask): The MASK/USDT pair has gained 3% in value in the last 24 hours, trading at a level of 4.49$. The first resistance level for MASK is 4.60$, then 5.30$. Support levels are firstly 4.25$, then 3.83$.

Also, 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 Latest on Bitcoin and Cryptocurrencies! – 24 February appeared first on Coin Engineer.

Bitcoin finally made a daily close above $43,300 after breaking through a significant resistance level. This closing resulted in the activation of the Double Bottom formation. If Bitcoin doesn’t close under $43,000, we won’t be surprised to see a rise to $48,000 levels.

Bitcoin (BTC): BTC/USDT pair gained 0.40% in value in the last 24 hours, trading at $44,530. For BTC, resistance levels are first $45,445, then $48,000. Support levels are $44,300 and if below this region, the level is $43,190.

Ethereum (ETH): ETH/USDT pair lost 0.13% in value in the last 24 hours, trading at $2,422. For ETH, the first resistance level is $2,710, then $3,060. Support levels are first $2,375, then $2,280.

Thorchain (Rune): Rune/USDT pair gained 1.53% in value in the last 24 hours, trading at $4.648. For Rune, the first resistance level is $4.71, then $5.15. Support levels are first $2.375, then $2.280.

ImmutableX (IMX): Imx/USDT pair lost 1.86% in value in the last 24 hours, trading at $2.28. For Imx, the first resistance level is $2.35, then $2.80. Support levels are first $2.00, then $1.72.

Near Protocol (Near): Imx/USDT pair gained 2.33% in value in the last 24 hours, trading at $2.28. For Near, the first resistance level is $3.44, then $4.30. Support levels are first $2.90, then $2.50.

The post Latest Situation in Bitcoin (BTC) and Cryptocurrencies! – 8 February appeared first on Coin Engineer.

You might like: Binance Supports Ripple in the Aftermath of $112 Million Hack

Bitcoin has been trading sideways around $43,100 for a long time. If the price starts to accept $43,200 levels, we may see a move towards $44,300 levels. However, if this area creates resistance, $42,000 levels can also act as support.

Bitcoin and Cryptocurrencies Update! – February 3

Bitcoin (BTC): BTC/USDT pair lost 0.11% in the last 24 hours and is currently trading at $43,133. The resistance levels for BTC are $43,200 first, then $44,300. The support levels are $42,800 and $42,000 below that.

Ethereum (ETH): ETH/USDT pair gained 0.4% in the last 24 hours and is currently trading at $2,318. The first resistance level for ETH is $2,285, followed by $2,375. The support levels are $2,175 first, then $1,960.

Arbitrum (ARB): ARB/USDT pair gained 2.16% in the last 24 hours and is currently trading at $1.83. The resistance levels for ARB are $1.88 first, then $2.12. The support levels are $1.69 and then $1.49.

ImmutableX (IMX): IMX/USDT pair lost 0.66% in the last 24 hours and is currently trading at $2.16. The resistance levels for IMX are $2.35 first, then $2.60. The support levels are $2.02 and then $1.72.

Near Protocol (NEAR): NEAR/USDT pair lost 1.66% in the last 24 hours and is currently trading at $2.856. The resistance levels for NEAR are $2.90 first, then $3.22. The support levels are $2.70 and then $2.40.

Also, 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 Bitcoin and Cryptocurrencies Update! – February 3 appeared first on Coin Engineer.