In previous weeks, the crypto market looked like it was set to lose its key support with major altcoins such as Bitcoin (BTC), Ethereum (ETH), and other altcoins at the brick of losing their support area holding price sell-offs. Despite the uncertainty, some altcoins have continued to look green at the face of any litmus test. Let us discuss on top 5 cryptos you should pay attention to this week.
Disclaimer: The picks listed in this article should not be taken as investment advice. Always do your research and never invest more than what you can afford to lose.
Top 5 Cryptos- Bitcoin (BTC) Price Analysis On The Daily Chart
Daily BTC Price Chart Source: BTCUSDT On Tradingview.com
Last week BTC saw its price decline from a region of $19,200 to $18,100 with what looked like a manipulation ahead of the Consumer Price Index news; BTC bounced from its key demand zone as price rallied to $19,600 before facing a rejection to break and hold above this region.
The price of BTC failed to close the weekly candle above $19,500, creating mixed feelings as regards its next movement and direction.
BTC is currently trading at $19,400; the price of BTC needs to break and close above $19,500 to ignite a possible price rally to a region of $20,200.
Top 5 Cryptos- Price Analysis Of Ethereum (ETH) On The Daily (1D) Chart
Daily ETH Price Chart
