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Ethereum price has struggled to recover, failing to break the $3,500 resistance and declining below key support levels of $3,450 and $3,400. Currently trading under $3,400, the cryptocurrency faces potential further losses, with major support at $3,220 and a critical level at $3,000. A move above $3,500 could lead to gains towards $3,550 and beyond, while failure to do so may push the price down to $3,150 or lower.
Ethereum's price has struggled to recover, failing to break the $3,500 resistance and extending losses below $3,400. Currently, it faces hurdles near $3,350, with major support at $3,220; a drop below this could lead to further declines towards $3,000. The bearish trend persists as technical indicators show momentum in the negative zone.
Bitcoin has faced significant downward pressure, trading below the $95,000 mark and struggling to recover past the $96,500 resistance level. A bearish trend is evident, with immediate support at $93,500 and major support at $92,500. If the price fails to rise above $95,000, further declines could occur, potentially testing the $91,500 support level.
Solana (SOL) has fallen below $200 after struggling to break the $220-$225 resistance, forming a low at $196.73. The price is currently facing resistance at $204, with major support levels at $196 and $188; a failure to rise above $205 could lead to further declines toward $175.
XRP price has corrected after failing to break above $2.50, currently trading below $2.350 and the 100-hourly Simple Moving Average. The price is consolidating, with immediate resistance at $2.365 and $2.400, while support levels are at $2.300 and $2.250. A decline below $2.250 could lead to further losses toward $2.20.
Ethereum's price has declined from the $3,750 resistance, currently trading around $3,350, facing challenges to rise above $3,450. If it fails to break this resistance, further declines could push it toward key support levels at $3,320 and $3,150. Technical indicators show bearish momentum, with major resistance at $3,550.
Ethereum's price has declined from the $3,750 resistance, currently trading around $3,350, facing challenges to regain upward momentum. A break below key support levels could lead to further losses, with initial support at $3,350 and major support at $3,320. If resistance at $3,450 is not cleared, the price may test lower levels, potentially reaching $3,150.
Bitcoin's price has declined from a high of $102,759, struggling to maintain levels above $100,000 and currently trading below $98,500. Immediate resistance is at $97,500, while major support levels are identified at $96,500 and $96,100, with potential further declines if these levels are breached.
Coinbase achieved a significant legal victory as a U.S. District Court granted its motion for an interlocutory appeal against the SEC, halting the lawsuit while the case is reviewed by the Second Circuit. This decision aims to clarify whether digital asset transactions are subject to securities laws, a point of contention also seen in the Ripple case. The crypto community, including legal experts and industry leaders, celebrated the ruling as a pivotal moment for the ecosystem.
Investors are eyeing five promising cryptocurrencies—LuckHunter, Sei, JetBolt, Pepe, and Aave—projected to deliver significant returns by February 2025. These projects span metaverse gaming, blockchain scalability, and decentralized finance, each backed by strong fundamentals and market interest. With the potential for 400x returns, they represent a compelling opportunity in the volatile crypto landscape.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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