When starting a new day, On August 24, how are the prices of Bitcoin and popular cryptocurrincies? Is the uptrend continuing? Here are the prices of BTC and ETH!

Bitcoin underwent a correction down to the 26,800 level. This level corresponds to the 0.786 Fibonacci level for Bitcoin. Currently, it is struggling to surpass this level and is moving sideways. If it fails to reattempt and break through, a pullback towards 25,800 could be seen. If it does break through with closing prices above, the targets of 27,800 and 28,200 may come into play.

You might like: Difference Between Soft Cap and Hard Cap

The Latest Status of Bitcoin and Cryptocurrincies!

• Bitcoin (BTC) is trading at $26,444 with a 0.21% decrease against the USD. The resistance levels for BTC are in the range of $26,800 to $28,200, while the support levels are within the range of $26,000 to $25,000.
• Ethereum (ETH) is trading at $1,675 with a 0.28% decrease against the USDT. The resistance levels for ETH are in the range of $1,694 to $1,731, while the support levels are within the range of $1,642 to $1,550.

• Dydx (DYDX) is currently trading at $2.17, with a 1.19% increase against the USD. The resistance levels for DYDX are in the range of $2.27 to $2.40, while the support levels are within the range of $2.07 to $1.94.

• Immutable (IMX) is currently trading at $0.60, with a 5.59% increase against the USD. The resistance levels for IMX are in the range of $0.63 to $0.70, while the support levels are within the range of $0.58 to $0.55.

• Ocean (OCEAN) is currently trading at $0.31 with a 1.68% increase against the USD. The resistance levels for OCEAN are in the range of $0.33 to $0.35, while the support levels are within the range of $0.27 to $0.25.

You can share your opinions in the comments about the topic. Also, follow us on Telegram, Twitter, and YouTube for more content like this.