Close Menu
  • Home
  • News
  • Ripple
  • Bitcoin
    • Bitcoin
    • Ethereum
  • DeFi
  • NFTs
  • Analysis
    • Analysis
    • Opinion
  • For Beginners
  • All Posts
What's Hot

Bitwise Reports Stablecoins Surpass Visa in Transaction Volume in Q1 2025

Apr. 18, 2025

Solana Retains Dominance in Blockchain Revenue Despite Declining Activity

Apr. 18, 2025

Federal Reserve Clarifies: No Bailout for the Financial Market

Apr. 18, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Eth Meridian
  • Home
  • News
  • Ripple
  • Bitcoin
    • Bitcoin
    • Ethereum
  • DeFi
  • NFTs
  • Analysis
    • Analysis
    • Opinion
  • For Beginners
  • All Posts
Eth Meridian
Home » Bitcoin Current BTC Could Reach 71500 with Increased Buying Power on 18102024
Analysis

Bitcoin Current BTC Could Reach 71500 with Increased Buying Power on 18102024

By adminOct. 18, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Bitcoin Current BTC Could Reach 71500 with Increased Buying Power on 18102024
Bitcoin Current BTC Could Reach 71500 with Increased Buying Power on 18102024
Share
Facebook Twitter LinkedIn Pinterest Email

Bitcoin’s price on October 18, 2024, has surpassed the resistance level of $68,000 with a 1% increase. It is currently quoted at R$ 384,033.73 and € 62,634.24. Ethereum is once again targeting $2,820, while SOL is pushing past $150. Notable highlights include POPCAT, which has seen a nearly 15% increase, DOGE, which has gained 10%, and FLOKI, which is up by 6%.

Bitcoin has started a fresh upward movement, breaking above the resistance zone of $67,850. It has now climbed above $68,000 but is currently facing resistance below $68,250. If there is a daily close above $68,000, it could lead to 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 break above $2,680 for further upside. Solana is also looking to 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 increase and cleared the $64,500 resistance. The price even broke above $68,000 but is currently facing a major resistance near $68,250. A close above $68,000 could lead to a steady increase, with the next key resistance at $71,500. On the downside, 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 now trading above $2,620 and $2,650. The first key barrier is near $2,700, with the main weekly resistance at $2,820. On the downside, initial support is near $2,320, followed by the main support at $2,150.

SOL, ADA, DOGE, and XRP prices are also showing positive signs. Solana is consolidating near $152 and facing resistance near $140. The main weekly resistance is still at $160. Cardano has climbed above the $0.34 resistance and is now facing resistance near $0.35, with a potential rise towards $0.40. Dogecoin is recovering but lacks bullish momentum to move above $0.135, with the next key resistance at $0.1400. XRP is trying to show positive signs above $0.55, with an immediate resistance at $0.62 and a potential push towards $0.70.

Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.

Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email

Related Posts

Analysis Apr. 10, 2025

Paul Atkins Assumes Role as SEC Chairman: A New Era for Cryptocurrency Regulation

Analysis Apr. 8, 2025

For Ray Dalio, Donald Trump’s Tariffs Represent Only the Tip of the Iceberg: The World is Facing Systemic Collapse

Analysis Apr. 2, 2025

S&P 500 Declines Today as Bitcoin Remains Stable Following Trump’s Tariff Announcement

Analysis Mar. 28, 2025

FDIC Relaxes Regulations for Banks and Cryptocurrencies in the United States

Analysis Mar. 26, 2025

Bitcoin Price Forecast for March 26, 2025: Analysts Anticipate $109K Increase as Whales Intensify Purchasing Activities

Analysis Mar. 18, 2025

Price Analysis: $PI Coin May Fall Below $1.00 as It Experiences Market Cap Decline

Leave A Reply Cancel Reply

Don't Miss
News Apr. 18, 2025

Bitwise Reports Stablecoins Surpass Visa in Transaction Volume in Q1 2025

Bitwise’s quarterly report revealed that the volume of transactions with stablecoins surpassed, for…

Solana Retains Dominance in Blockchain Revenue Despite Declining Activity

Apr. 18, 2025

Federal Reserve Clarifies: No Bailout for the Financial Market

Apr. 18, 2025

Coinbase Refutes Connection to Memecoin Launched by Base Following 94% Decline

Apr. 17, 2025
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
Website Description
Website Description

Eth Meridian - Your guide to blockchain, covering crypto, DeFi, smart contracts, and more. Join us in shaping the digital economy!

Our Picks

Bitwise Reports Stablecoins Surpass Visa in Transaction Volume in Q1 2025

Apr. 18, 2025

Solana Retains Dominance in Blockchain Revenue Despite Declining Activity

Apr. 18, 2025

Federal Reserve Clarifies: No Bailout for the Financial Market

Apr. 18, 2025
Facebook X (Twitter) Instagram Pinterest
  • DeFi
  • Analysis
  • Bitcoin
  • Ethereum
  • For Beginners
  • News
  • NFTs
  • Opinion
  • Ripple
© 2025 Eth Meridian All rights reserved.

Type above and press Enter to search. Press Esc to cancel.