Current Status Of Bitcoin And Cryptocurrencies: November 9

What’s the Latest Status of Bitcoin and Popular Altcoins? Will the Uptrend Continue? What Are the Key Support and Resistance Levels? We’ve prepared details on liquidations, the top gainers and losers, upcoming events, and more!

Key Intraday Levels for Bitcoin

A rising wedge pattern is forming for Bitcoin (BTC), and the direction of the breakout is crucial. If the structure breaks downward, a correction may begin. Key support levels for Bitcoin are at 75,800 and 72,800.

Ethereum (ETH): The ETH/USDT pair has gained 4.26% in the last 24 hours and is currently trading at $3,027. Resistance levels for ETH are at $3,122 and then $3,380, while support levels are at $2,780 and $2,620 if the price falls below this zone.

Drift (DRIFT): The DRIFT/USDT pair has surged 88.32% in the last 24 hours and is now trading at $1.74. Resistance levels for DRIFT are at $1.98 and $2.1, with support zones at $1.45 and $1 if the decline deepens.

Wormhole (W): The W/USDT pair has gained 9.34% in the last 24 hours, trading at $0.257. Resistance levels are at $0.28 and $0.32, while support levels are at $0.245 and $0.21 in case of a further drop.

Sui (SUI): The SUI/USDT pair has gained 0.47% over the past 24 hours and is currently at $2.31. Resistance levels are $2.31 and $2.36, with support at $2.23 and $2.07 for deeper declines.

Trending Coins

In the last 24 hours, the most trending coins in the crypto market are Drift Protocol (DRIFT), Swell (SWELL), and Grass (GRASS). The top gainers include Drift Protocol (DRIFT), PepeCoin (PEPECOIN), and Kamino (KMNO), while the biggest losers are Maple (MPL), ALEO (ALEO), and Moonwell (WELL).

READ: Scandals in FTX Audits

Bitcoin Liquidation Map

Looking at the 12-hour liquidation map for Bitcoin, there is a notable liquidation level at $77,462 with $66.77 million at the upper side. On the lower side, $75,905 is highlighted with $66.77 million.

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