How are we doing?
BTC | ETH | XRP | SOL
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BTC
Supports: $107,000, $105,000
Resistances: $110,000, $112,000
Scenario: After hitting a recent record of nearly $112,000, Bitcoin retraced to the $108,000 range. Losing the support of $107,000 may lead the price to test the level of $105,000. Surpassing the $110,000 level again and with strength, it may test a new high.
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ETH
Supports: $2,500, $2,450
Resistances: $2,600, $2,700
Scenario: Ethereum is trying to stay above $2,500. The immediate resistance is at $2,600, and surpassing this level may pave the way to $2,700.
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XRP
Supports: $2.30, $2.20
Resistances: $2.40, $2.50
Scenario: XRP faces significant resistance at $2.40. Losing the support of $2.30 may lead the price to test $2.20.
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SOL
Supports: $170, $165
Resistances: $180, $185
Scenario: Solana is facing resistance in the $180 range. A breakout above this level may pave the way to test higher resistances at $185. On the other hand, if the price retraces, the supports at $170 and $165 will be crucial to maintain the upward trend.
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Summary: The market remains in a decision zone, with all eyes on the supports and resistances. Those inside are watching, while those outside are waiting for the right moment.
