Technical analysis of five of the most prominent cryptocurrencies currently #PowellRemarks #CryptoStocks #CryptoStocks $BTC $BNB $XRP
🔍 Summary and investment strategy
Bitcoin: regaining upward momentum, but resistance at 110-112 thousand with support testing at 100 thousand. Caution is required.
Ethereum: promising upward beginnings with a likely target ranging between $3,200–$3,800 if it surpasses resistance.
SOL / LINK / MATIC: provide good opportunities in the medium term, based on clear technical support and breachable resistances.
📌 Technical advice:
Diversifying the portfolio by selecting the five cryptocurrencies with relatively distributed weights, and using stop-loss at critical support levels, allows benefiting from upward trends and potential corrective rebounds in the market.