Market Snapshot April 2: Key Levels for Bitcoin, ETH, ADA, SOL, SUI
- BTC pushes towards $86k resistance after holding ~$83.6k support
- ETH consolidates below $1920 resistance, holding ~$1854-$1874 support
- ADA, SOL, SUI also test key near-term support & resistance levels
The cryptocurrency market saw mixed movements Wednesday as Bitcoin (BTC) maintained its upward trajectory. Ethereum (ETH), however, faced resistance after an early price surge.
Other major altcoins, including Cardano (ADA), Solana (SOL), and Sui (SUI), displayed varying short-term trends. Some struggled to hold key support levels. Market activity remained high overall, reflecting investor uncertainty over the next potential market breakout direction.
Bitcoin Eyes Resistance
Bitcoin continued its recent uptrend Wednesday, reaching $85,695.20, for a 2.41% daily increase at press time.
The cryptocurrency surged from a low near $83,650 earlier, reinforcing this level as key immediate support. If BTC dips below this $83.6k level, further support may emerge around $82,500, where past price consolidations occurred.
Immediate resistance is currently near the recent high of $85,700. A decisive breakout above this could see Bitcoin ta…
The post Market Snapshot April 2: Key Levels for Bitcoin, ETH, ADA, SOL, SUI appeared first on Coin Edition.
Read More
Crypto Asset Funds Draw $882M in Weekly Inflows as Bitcoin ETFs Surge
Market Snapshot April 2: Key Levels for Bitcoin, ETH, ADA, SOL, SUI
- BTC pushes towards $86k resistance after holding ~$83.6k support
- ETH consolidates below $1920 resistance, holding ~$1854-$1874 support
- ADA, SOL, SUI also test key near-term support & resistance levels
The cryptocurrency market saw mixed movements Wednesday as Bitcoin (BTC) maintained its upward trajectory. Ethereum (ETH), however, faced resistance after an early price surge.
Other major altcoins, including Cardano (ADA), Solana (SOL), and Sui (SUI), displayed varying short-term trends. Some struggled to hold key support levels. Market activity remained high overall, reflecting investor uncertainty over the next potential market breakout direction.
Bitcoin Eyes Resistance
Bitcoin continued its recent uptrend Wednesday, reaching $85,695.20, for a 2.41% daily increase at press time.
The cryptocurrency surged from a low near $83,650 earlier, reinforcing this level as key immediate support. If BTC dips below this $83.6k level, further support may emerge around $82,500, where past price consolidations occurred.
Immediate resistance is currently near the recent high of $85,700. A decisive breakout above this could see Bitcoin ta…
The post Market Snapshot April 2: Key Levels for Bitcoin, ETH, ADA, SOL, SUI appeared first on Coin Edition.
Read More