Bitcoin’s price on October 18, 2024, has surpassed the resistance level of $68,000 with a 1% increase, currently quoted at R$ 384,033.73 and €62,634.24. Ethereum is once again aiming for $2,820, while SOL is pushing past $150. Some notable highlights include POPCAT, which has experienced a nearly 15% increase, DOGE, which has seen a 10% gain, and FLOKI, which has risen by 6%.
The price of Bitcoin has started a fresh upward movement above the resistance zone of $67,850. BTC has surpassed the $68,000 resistance level but is currently facing resistance below $68,250. If there is a daily close above $68,000, it could signal a steady increase in the near future.
Similarly, most major altcoins are showing positive signs. ETH has broken above $2,620 and is likely to continue rising above $2,680 for further upside potential. Solana seems to be eyeing a stronger rise above the $180 resistance level.
Bitcoin’s price experienced a bearish correction but found support near the $59,000 zone. It has since started a fresh upward movement and cleared the $64,500 resistance level. The price has even broken above the $68,000 zone but is now facing a major resistance near $68,250. A close above $68,000 could initiate a steady increase, with the next key resistance level at $71,500. On the downside, the initial support is near $64,000, followed by the main weekly support at $59,000.
Ethereum’s price has remained well above the $2,350 level. It is currently trading above $2,620 and $2,650, with the first key barrier near $2,700. The main weekly resistance level is still around $2,820. On the downside, the initial support is near $2,320, with the main support at $2,150 and a potential test of $2,120.
SOL, ADA, DOGE, and XRP prices are also showing positive signs. Solana (SOL) is consolidating near $152 and facing resistance near $140, with the main weekly resistance at $160. Cardano (ADA) has gained momentum and climbed above the $0.34 resistance level. It is now facing resistance near $0.35, and a break above that could lead to a larger rise towards the $0.40 level. Dogecoin (DOGE) is recovering but lacks bullish momentum to move above $0.135. The next key resistance is near $0.1400, with a crucial breakout zone at $0.1450. XRP price is trying to show positive signs above $0.55, with an immediate resistance near $0.620 and a potential push towards $0.700 with a close above $0.650.
It is important to note that the views and opinions expressed in this article are for informational purposes only and should not be considered as financial or investment advice. Investing or trading cryptocurrencies carries a risk of financial loss.
