Are we on the verge of a new price explosion? Quick market analysis!
Content:
In the past 48 hours, the cryptocurrency market has seen surprising movements!
Bitcoin is testing strong resistance at $29,800, and if it is broken firmly, we might see a rise towards $32,000 soon!
Ethereum is building an excellent support base near $1,850 with a gradual increase in trading volume.
Alternative coins like SOL, ARB, and RNDR have started showing potential bullish signals — is this the opportunity before the explosion?
My technical opinion: The upward momentum is increasing, but caution is necessary. Waiting for a confirmation of the breakout is key!
Question for followers: Which coin do you think will surprise the market soon? Share your opinion — and we might analyze it in the next post! #MarketPullback #sol #ARB $BTC $SOL $ETH
After a noticeable upward movement in the past few days, we are witnessing a slight decline in the price of Bitcoin at an important support level around $28,000. If this support is broken, we may see a drop towards levels of $26,500.
As for Ethereum, it shows signs of recovery with an increase in trading volume, which may support the price reaching the resistance area at $1,900 in the coming period.
Tips for Investors:
Monitor key support and resistance levels.
Use stop-loss orders to reduce risks.
Do not get carried away by the psychological pressures of the market.
Do you expect the rise to continue or are we waiting for a deeper correction? Share your opinion!