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  • Writer's pictureCrypto Prof:

Technical Crypto Indicators 29th April 2024

Crypto Technical indicators

$BTC #Bitcoin is showing strength on the high time frame, currently consolidating near the top of its range. The daily chart indicates potential fluctuations with a low at $61.5k and resistance at $71.5k. Expect continued sideways movement in the crypto market.

$ETH #Ethereum has not yet broken out against $BTC, with the ETHBTC pair barely holding on. In USD terms, Ethereum remains bullish but shows weakness compared to Bitcoin, with support around $3150 (analysis unchanged).

Watch these support levels based on the daily chart: $BTC has support around the $61.5k area and faces resistance at $71.5k. $ETH has support around the $3100 area with resistance near $3700.

Key daily chart levels to monitor

$SOL is bolstered at $110.

$STX is propped at $2.10.

$INJ has strong support at $18.

$BCH is supported around the $450 mark.

$MKR sees solid footing at $2150.

$TRX is supported at $11.10.

$RNDR holds at $7.00.

$FET finds support at $1.85.

$AGIX is stable around $0.66.

$LINK has key support at $13.

$IMX at $1.80.

$AVAX is supported at $29.

$RUNE has support at $4.

Disclaimer: The content provided in this article and website is for educational purposes only and is not intended as financial advice. Cryptocurrency investments are highly volatile and risky. There is a potential for significant loss, up to and including the total loss of your investment. Readers are advised to conduct their own research and consider consulting with an independent financial advisor before engaging in any financial transactions based on this information. Neither the author nor this platform assumes liability for financial losses that could occur as a result of using this information


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