🟠 Bitcoin (BTC/USD) analysis from artificial intelligence as of today.
Current price: around $95,305
General trend: Upward with some volatility
🔍 Technical indicators:
RSI (14): at 59.75 – indicates moderate upward momentum
MACD: Strong buy signal
Moving averages: Indicate "Strong buy"
Support levels: $93,600 – $94,150
Resistance levels: $94,700 – $95,000
📈 Forecast:
In case of breaking the resistance at $94,700: the price may target levels of $98,500 then $102,000
In case of breaking the support at $93,600: the price may head towards $85,000 then $74,600
🟣 Ethereum (ETH/USD) analysis
Current price: around $1,826.9
General trend: Upward after breaking the resistance at $1,800
🔍 Technical indicators:
RSI (14): at 58 – indicates moderate upward momentum
MACD: Strong buy signal
Moving averages: Indicate "Strong buy"
Support levels: $1,720 – $1,780
Resistance levels: $1,900 – $1,950
📈 Forecast:
In case of breaking the resistance at $1,900: the price may target levels of $2,000 then $2,100
In case of breaking the support at $1,720: the price may head towards $1,600 then $1,500
✅ Recommendations for beginners:
Start with small amounts: Do not invest more than you can afford to lose
Use stop-loss orders: To protect your capital
Follow economic news: As they affect price movements
Learn technical analysis: For a better understanding of market movements
