2024-12-18 18:40 |
With Bitcoin dominance surging to 57% and investor sentiment in the Extreme Greed territory, the rally shows no signs of slowing down. Ethereum, riding the wave of bullish momentum, is also gaining ground, pushing past the $4,000 mark. But the big question remains: Can Bitcoin sustain this momentum and hit the next key threshold of $115K before 2025 starts. And another question is whether Ethereum is primed to follow suit with its own record-breaking breakout. Read on to find it out.
Bitcoin Market Momentum: Bulls Push BTC Near Key Resistance LevelsSource: ChangeNOW
Bitcoin is trading between $97296 and $107956, with bulls showing strength. The nearest resistance is $111730, while support sits at $90411. BTC’s price has climbed 9.84% in 1 week, 18.65% in a month, and 64.54% over 6 months. The RSI at 62.15 suggests moderate upward momentum, backed by strong Stochastic at 88.99. If bulls break $111730, Bitcoin could aim for $122389, marking a potential 13%-26% rise.
Current indicators align with optimism for growth. BTC is accessible on platforms like ChangeNOW, where users can buy the coin with no registration or hidden fees.
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Ethereum (ETH) Eyes Growth Amid Bullish SignalsSource: ChangeNOW
Ethereum is trading between $3648-$4137, with its nearest resistance at $4318 and support at $3340. Over 1 month, ETH saw a 27% rise, driven by strong bullish momentum. The 10-day SMA of $4009 is slightly above the 100-day SMA of $3925, suggesting upward traction. RSI at 52 hints ETH isn’t overbought, leaving room for growth. If it breaks $4318, ETH could target $4800, a potential gain of 10-15%. A dip below $3340 may test $2850. With a 7.8% weekly increase, Ethereum’s current setup looks favorable for those tracking its upward trajectory.
Platforms like ChangeNOW, known for their registration-free and transparent fee structure, offer a convenient way for enthusiasts to trade ETH seamlessly during these dynamic market conditions.
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ConclusionBitcoin’s record-breaking momentum opens exciting prospects for potential growth, with $115K being a target many are eyeing before 2025. Ethereum, too, holds promise, often following Bitcoin’s lead while carving its space with unique innovations. Both coins present attractive options for those seeking opportunities in the market. For seamless transactions involving Bitcoin, Ethereum, or over 900 other cryptocurrencies, ChangeNOW offers a trusted solution. It allows users to buy, sell, or exchange coins without registration or hidden fees, ensuring greater privacy and safety by not storing funds. There are no limits on transaction size, and purchases can be made directly with a bank card. This platform simplifies entry and activity, making it an excellent choice for anyone exploring these assets.
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.
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