Bitcoin & XRP Resistance Levels After Record Rallies 🚀
Bitcoin hits new highs near $104000, while XRP is at $2.42, nearing its 2018 record of $3.31. Traders are now eyeing key resistance levels as these coins enter price discovery mode.
📊 Bitcoin Resistance:
The $118,000 call option on Binance leads with $1.93B open interest, signaling strong resistance.
$104K and $110K call options follow with open interest of $1.8B and $1.68B respectively.
$200K strike has $500M in open interest, with analysts predicting BTC could reach that by 2025.
📊 XRP Resistance:
The $1 call option is already deep in-the-money, with XRP currently trading at $2.41.
The next key resistance is the $2.8 level, with $2M in open interest, followed by $5.