Ethereum Faces Resistance Near $1,800 Again
$ETH made a strong push higher and successfully reached the important $1,800 resistance zone, printing a local high around $1,807 before sellers stepped back into the market.
The rejection from this area suggests that bulls still need more strength to secure a breakout above this key level.
Important Levels
Resistance: $1,800 - $1,820
Immediate Support: $1,740 - $1,750
Major Support: $1,690 - $1,710
A retest of the $1,700 area would not be surprising...
#Bitcoin Faces Resistance Again
$BTC once again tested the $63,000 - $64,000 resistance zone but failed to break through, showing that sellers are still defending this area aggressively.
The rejection near $63,462 confirms that this remains the key barrier for bulls in the short term.
Important Levels
Resistance: $63,000 - $64,000
Immediate Support: $62,000 - $62,200
Major Support: $59,500 - $60,000
As long as BTC stays below $64,000, the market could continue moving sideways or see another pu...