Dogwifhat (WIF) is nearing the $2.89 resistance level as bulls regain control, driven by increased buying pressure and positive sentiment. Maintaining position above key support levels indicates potential for further gains. Successful breakout above $2.89 may lead to new highs; failure could trigger a pullback towards $2.25.
Bitcoin's (BTC) price entered a bearish phase after failing to overcome the $69,336 resistance, prompting speculation about potential lower-level tests.
Bitcoin encounters significant resistance at the end of May, turning previous all-time highs into resistance levels, causing concern for BTC bulls.
The 4-hour Bitcoin chart indicates strong resistance at $69k-$69.5k, suggesting that short liquidations might push the cryptocurrency beyond this level.
Ethereum's price is poised to break a significant resistance, hinting at a potential rise to the $3200 mark following a 10% increase.
Ethereum's native coin, ETH, rebounded with over a 9% increase after facing resistance at $2,871, indicating potential for further gains.
Binance Coin (BNB) is aiming for growth and eyeing key resistance after garnering strong support at the $515 level, though it remains below the foreseen $555 threshold.
