Ethereum is up 17 percent at press time, surging from November 2022 lows. At this pace, buyers must clear $1.25k for uptrend continuation.
Bitcoin traders may be bullish but the odds of BTC slipping below $15.5k has been amplified following recent developments.
Ethereum is down 40 percent from August highs but could slump lower if ETH drops below $1.15k and below the bear flag.
Tron prices are steady, moving higher inside a rising channel. Despite confidence, TRX is within a bear flag.
Bitcoin prices are down 33 percent from H2 highs and appear to be struggling at spot rates. The immediate limit remains at $18.5k.
Ethereum is solid at spot rates, adding 13 percent from November lows as bulls look to shake off bears of early November.
Ripple is down 14 percent from last week's high. As sellers press on, XRP is on path to retest June 2022 lows at $0.30.
Bitcoin is down roughly five percent from this week's high, recoiling from a critical resistance level at $18.5k.
Cryptocurrency Price Analysis
Crypto Economy section, we will publish every week the technical price analysis of Bitcoin [BTC], Ethereum [ETH], Ripple [XRP] and other cryptocurrencies.
These analyzes are prepared by our specialists based on the evolution of the markets.
A technical price analysis provides excellent and useful information that can help us know when is the best time to make movements in our investments or when it is not a good time to operate.
But we must not only take this information into account, the monitoring of the prices of a cryptocurrency must be accompanied by an investigation into the latest news related to it.
So we can get an idea about whether the price increase or decrease has occurred due to an event related to the project or if it could be a market manipulation, etc.