SOL, LDO, ICP, and VET are trying to break above their respective overhead resistance levels even as Bitcoin remains stuck in a range.
Bitcoin is holding above $26,500 and the price stability could lead traders to take a second look at SOL, LDO, ICP and VET.higher by 0.45% to record its second positive week. While the United States equities markets were a slow mover, gold witnessed a massive run-up of more than 5% this week. Its rally of 3.11% on Oct. 13 was its best one-day performance since Dec. 1 of last year. However, the Bitcoin , the BTC/USDT pair could rise to $28,143.
On the contrary, if the bulls fail to pierce the 20-EMA, the sellers will sense an opportunity to pull the price lower. A dump below $26,500 could sink the pair to $26,000 and then to $24,800.) has been witnessing a tough battle between the bulls and the bears near the 20-day EMA . This suggests that the bulls are trying to flip this level into support.There is a minor resistance at $22.
Contrarily, if the price turns down and skids below the moving averages, it will suggest that the bears are in command and are selling on every minor rally. The pair may then retest the vital support at $1.38.The 20-EMA has started to turn up on the 4-hour chart and the RSI is in the positive area, indicating that bulls have the upper hand. There is a minor resistance at $1.63 but it is likely to be crossed. The pair could then rise to $1.73.
If the price turns down from $3.35, the consolidation may continue for a while longer. On the other hand, if buyers kick the price above $3.35, it will indicate that the bulls are in charge. The pair may then soar to $3.74 and later to the pattern target of $3.84.) has been trading inside a descending triangle for the past few days. Although this is a negative pattern, the price has been clinging to the downtrend line for the past few days, which is a positive sign.
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