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Crypto Market Faces Key Weekend: Bitcoin Stalls, Altcoins Test Critical Zones

5M ago
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Crypto market analysis chart from TradingView showing Bitcoin (BTC) and altcoins like ETH, SOL, DOGE at critical support resistance levels.
  • Bitcoin still hasn’t broken higher, so a dip could continue.
  • Ethereum, Solana, Cardano are sitting at key support price levels.
  • Watch for breakouts above resistance to confirm bullish market signals.

Bitcoin couldn’t break its recent high, which means the market dip might not be over yet. Bitcoin dominance is also about to drop again and if it does, the market could see a big altcoin rally. On Crypto Banter’s The Sniper Trading Show, the analyst said that the crypto market is moving into a crucial weekend, with altcoins sitting at important price zones.  Many altcoins are now at the same levels where Bitcoin previously struggled before its breakout. If they manage to push through, a strong rally could follow.

Ethereum (ETH) at a Make-or-Break Zone

Ethereum (ETH) is holding firm for now, but it’s forming a bearish pattern. The key level to watch is around $2,320. If Ethereum drops below this, it might trigger a sharp dip. 

Source: TradingView

On the upside, ETH needs to clear the $2,520 to $2,550 zone to build momentum for a rally.

Solana (SOL) Facing Critical Support Test

Solana (SOL) is currently testing an important support line. If th…

The post Crypto Market Faces Key Weekend: Bitcoin Stalls, Altcoins Test Critical Zones appeared first on Coin Edition.

5M ago
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