What’s the Latest with Bitcoin and Popular Altcoins? Will the Rally Continue? Here’s a comprehensive breakdown of Bitcoin and major altcoins, including support and resistance levels, liquidation zones, top gainers and losers, and upcoming events.
Bitcoin (BTC) Key Levels
Bitcoin is currently trading at $97,848, reflecting a 0.42% increase over the past 24 hours. BTC has bounced from its $94,700 support, but if it continues to drop, the next critical support level lies at $93,138. To maintain bullish momentum, Bitcoin needs to close above $99,300, with the ATH region being the next target if this resistance is surpassed.
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Ethereum (ETH): Ethereum’s price stands at $3,762, with a 1.18% increase in the last 24 hours. Its key resistance levels are $3,886 and $3,946, while support levels are positioned at $3,647 and $3,530. These levels will be critical in determining ETH’s short-term trajectory.
Curve DAO Token (CRV): CRV is trading at $1.19, marking a 9.43% rise over the past 24 hours. Resistance is seen at $1.21, followed by $1.30, while the primary support levels are $1.05 and, in case of a deeper correction, $0.98. This marks CRV as a coin with notable upward momentum recently.
Artificial Superintelligence Alliance (FET): Currently priced at $1.79, FET has dropped 4.63% over the past day. The token’s resistance levels are at $1.78 and $1.89, while support levels lie at $1.69 and $1.58. These levels highlight a bearish sentiment that may persist unless the token regains strength.
Virtuals Protocol (VIRTUAL): VIRTUAL trades at $1.63, with a 5.54% increase in the last 24 hours. Key resistance levels include $1.73 and $1.87, while support can be found at $1.34 and $1.26, presenting a range for traders monitoring potential volatility in the token.
Trending Coins
The most trending coins over the last 24 hours include Movement (MOVE), PONKE (PONKE), and peaq (PEAQ). Among the top gainers, MOVE, PEAQ, and Clearpool (CPOOL) have seen substantial growth, while Across Protocol (ACX), Bitcoin Gold (BTG), and Turbo (TURBO) are listed as the top losers, reflecting significant price declines.
Bitcoin Liquidation Zones
The 12-hour liquidation map for Bitcoin reveals two major levels:
- Upper Zone: $98,754, with liquidations amounting to $40 million.
- Lower Zone: $94,926, also with liquidations totaling $40 million.
These zones highlight significant areas of liquidity that may influence Bitcoin’s price movement in the short term.
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