Today's cryptocurrency analysis indicates volatility in the markets, with varying impacts from the Federal Reserve's comments. Here's an overview of some major cryptocurrencies:
- *Bitcoin (BTC)*: Bitcoin is expected to experience significant fluctuations, with a potential breakout in the coming days. The current price is around $104,294.98, with a slight decline of 0.05% during the day. Key levels to watch are ¹:
- *Support*: $103,100 - $103,300
- *Resistance*: $104,184, and $106,047
- *Ethereum (ETH)*: Ethereum shows bullish and bearish signals, with a potential bounce from the $2395 - $2410 level. The current price is around $2419.52.
- *Bullish Scenario*: A breakout above $2490 could target $2599 and $2800
- *Bearish Scenario*: A break below $2410 could lead to a drop towards $2320 and $2200
It is important to monitor technical and economic levels to determine the upcoming trend for cryptocurrencies. Caution is advised, and it's best to avoid quick selling in the current range to prevent false breakouts