$BTC
Bitcoin bearish correction?
If Bitcoin fails to rise above the $100k resistance area, it could start a bearish correction. The immediate support on the downside is near the $98k level.
The first major support is near the $96,800 level. The next support is now near the $95,500 area and the trend line. Any further losses could push the price towards the $92,000 support level in the near term.
Technical indicators:
Hourly MACD – The MACD is now gaining momentum in the bullish zone.
Hourly RSI – The RSI for the BTC/USD pair is now above the 50 level.
Major support levels – $96,800, followed by $95,500.
Major resistance levels – $99,000, $100,000.
$SOL
$XRP
Bitcoin bearish correction?
If Bitcoin fails to rise above the $100k resistance area, it could start a bearish correction. The immediate support on the downside is near the $98k level.
The first major support is near the $96,800 level. The next support is now near the $95,500 area and the trend line. Any further losses could push the price towards the $92,000 support level in the near term.
Technical indicators:
Hourly MACD – The MACD is now gaining momentum in the bullish zone.
Hourly RSI – The RSI for the BTC/USD pair is now above the 50 level.
Major support levels – $96,800, followed by $95,500.
Major resistance levels – $99,000, $100,000.
$SOL
$XRP