#Market_Update : BTC, ETH, ADA, XRP, DOT
The crypto market is thriving, with key assets showing resilience and potential.
Here’s a technical breakdown for you :
Bitcoin (#BTC ): Up 2.5% to $108,800, driven by ETF inflows and a US housing crypto directive. BTC holds above $108,000 support, with resistance at $110,800. A breakout could target $120,000.
Ethereum (#ETH ): Gained 6% to $2,560, above $2,400 support. A bull flag pattern signals a potential rally to $3,069 if momentum holds.
Cardano (#ADA ): Rose 8% to $0.598 after a 6.45% weekly dip. Support at $0.56 and resistance at $0.61, bolstered by Ford’s blockchain pilot.
Ripple (XRP): Up 4% to $2.25, testing $2.20 support. Positive regulatory news could push it to $2.70.
Polkadot (DOT): Recovered 9% to $3.44, with support at $3.20 and resistance at $4.01, fueled by Polkadot 2.0 upgrades.