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.
