The Latest on Bitcoin and Cryptocurrencies: 17 January

What’s the Latest in Bitcoin and Popular Altcoins? Will the Uptrend Continue? We’ve analyzed the key support and resistance levels, liquidations, top gainers and losers, upcoming events, and more for you!

Key Bitcoin Levels for Intraday Trading

The BTC/USDT pair gained 2.02% in the last 24 hours, currently trading at $101,417. Bitcoin (BTC) broke the previously highlighted resistance level of $100,998, marking a solid upward movement. To continue this trend, BTC needs to close above the resistance at $103,608. Key support levels are located at $100,998 and $99,304.

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Ethereum (ETH): The ETH/USDT pair dropped 0.02% in the past 24 hours and is currently trading at $3,370. Resistance levels for ETH are at $3,440, followed by $3,535. Support zones can be found at $3,290 and $3,217.

VeChain (VET): The VET/USDT pair surged by 17.40% over the last 24 hours and is now trading at $0.05684. Key resistance levels are at $0.05730 and $0.06069, while support zones are $0.05435 and, in case of further decline, $0.05046.

Decentraland (MANA): The MANA/USDT pair climbed by 8.50% in the past 24 hours, currently trading at $0.5697. Resistance levels for MANA are at $0.5703, followed by $0.6186. Support zones are $0.5325 and $0.5100 if the decline deepens.

JasmyCoin (JASMY): The JASMY/USDT pair rose 1.20% in the past 24 hours, trading at $0.03254. Resistance levels are at $0.03443 and $0.03794, while support zones are $0.03052 and $0.02795 if further corrections occur.

Trending Coins

The top trending coins over the last 24 hours include MAX (MAX), XRP (XRP), and AIXBT by Virtuals (AIXBT). The biggest gainers are MEOW (MEOW), Morpho (MORPHO), and Amp (AMP), while the largest losers are AI Rig Complex (ARC), AI16Z (AI16Z), and ChainGPT (CGPT).

Bitcoin Liquidation Map

Analyzing the 12-hour liquidation map for Bitcoin, we see significant liquidation at the upper level of $102,948, amounting to $39.61 million. On the downside, the prominent level is $98,926, with a liquidation amount of $48.85 million.

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