Weekly Cryptocurrency Market Analysis: Altcoins Stuck At Overhead Resistance Levels
Submitted by Anonymous (not verified) on Fri, 04/12/2024 - 11:40The altcoins listed below have varying degrees of downside.
The altcoins listed below have varying degrees of downside.
The price of Bitcoin (BTC) has been trading above the 21-day SMA or $70,000 support since April 4, 2024.
The cryptocurrencies described below are in a bull market as their price breaks through the overhead barrier.<br />
The price of Dogecoin (DOGE) has dropped to the $0.188 level.<br />
The price of Quant (QNT) has slipped below moving average lines after encountering resistance twice near the $150 high.
The price of Solana (SOL) has fallen below the 21-day SMA after being rejected twice at the $210 resistance level.
The price of Shiba Inu (SHIB) has fallen below the 21-day SMA but remains above the $0.00002500 support level.<br />
Ethereum (ETH) has been trading just above the support level of $3,200 since April 2, 2024, but below the moving average lines.
The price of Binance Coin (BNB) has entered a sideways trend after rejecting the high at $645.<br />
The price of TRON (TRX) recovered from its previous decline until it failed at the $0.144 resistance.
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