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Home » Bitcoin Today 18102024 Potential purchasing power may propel BTC to reach USD 71500
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Bitcoin Today 18102024 Potential purchasing power may propel BTC to reach USD 71500

By adminOct. 18, 2024No Comments2 Mins Read
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Bitcoin Today 18102024 Potential purchasing power may propel BTC to reach USD 71500
Bitcoin Today 18102024 Potential purchasing power may propel BTC to reach USD 71500
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The current price of Bitcoin on 18/10/2024 has exceeded the resistance of $68,000 with a 1% increase, reaching R$ 384,033.73 and € 62,634.24. Ethereum is once again aiming for $2,820, while SOL is breaking through $150. Notable increases include POPCAT, up almost 15%, DOGE with a 10% gain, and FLOKI, which has increased by 6%.

Bitcoin’s price saw a fresh increase above the $67,850 resistance zone and surpassed the $68,000 resistance, but is currently encountering resistance below $68,250. A daily close above $68,000 could initiate a steady increase in the near future.

On a similar note, most major altcoins are displaying positive signs. ETH has broken through $2,620 and is likely to surpass $2,680 for further gains. Solana also seems to be aiming for a stronger rise above the $180 resistance.

Bitcoin’s price found support near the $59,000 zone after a bearish correction, and then proceeded to increase and clear the $64,500 resistance, breaking through the $68,000 zone. It is currently facing a major resistance near the $68,250 zone. A close above $68,000 could lead to a steady increase, with the next key resistance possibly being at $71,500.

Ethereum’s price remained well above the $2,350 level and is now trading above $2,620 and $2,650. The main weekly resistance is near the $2,820 level.

SOL is consolidating near $152 while facing resistance near $140. The main weekly resistance remains near the $160 level. Cardano has climbed above the $0.34 resistance and is now facing resistance near $0.35, with the potential to rise towards the $0.40 level. Dogecoin is recovering but lacks bullish momentum to move above $0.135, with the next key resistance near $0.1400. XRP is trying to display positive signs above $0.55, facing immediate resistance near the $0.620 level, and a close above $0.650 could push the price towards $0.700.

Please note that the views expressed in this article are for informational purposes only and do not constitute financial or investment advice. Investing or trading cryptocurrencies carries a risk of financial loss.

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