Bitcoin is close to $70,000 with strong momentum, Shiba Inu aims for $0.00002, Ethereum struggles.

From Investing.com

September 30, 2024 12:30:21 AM:

Bitcoin is on the road to recovery, nearing the $70,000 price level with strong momentum. Breaking through key resistance levels, it currently hovers below $65,000. Sustaining upward movement is critical for investors eyeing a breakout.

Shiba Inu sees a rebound, aiming for $0.00002. Vital resistance lies at $0.000021, needing a breakthrough for further gains. Market stability and Bitcoin’s performance may fuel SHIB’s ascent, supported by favorable technical indicators.

Ethereum struggles to regain market strength, hindered by resistance levels and lack of institutional investment. Failure to surpass the $2,700 mark and weak moving average patterns challenge short-term growth potential. Institutional inflows remain key for ETH to overcome its current obstacles.

Read more at Investing.com: $70,000 Has Never Been Closer for Bitcoin (BTC), Will Shiba Inu (SHIB) Finally Reach $0.00002? Ethereum (ETH) Missing Comeback By U.Today