Bitcoin, Shiba Inu, and Ethereum show positive momentum with resistance levels broken.

From Investing.com
October 2, 2024 1:00 am:

Bitcoin continues to rise, defying the usual bearish trend in September. The cryptocurrency has surpassed resistance levels and is holding above key support levels of $62,000 and $61,000. Investor confidence in Bitcoin as a hedge and high-performing asset remains strong amid global market conditions, indicating bullish momentum.

Shiba Inu aims for a price target of $0.00002, driven by increased investor interest and on-chain activity. A recent price spike has rejuvenated SHIB, with solid support at $0.000015 to $0.000016 levels paving the way for higher highs. The asset’s upward trajectory is supported by growing trading volumes and interest from both retail and institutional investors.

Ethereum faces a critical challenge at the $2,600 level, where bulls and bears are in a tug-of-war. Maintaining levels above $2,600 is crucial for Ethereum’s bullish momentum, with a target of $2,800 looming if it can surpass resistance levels. Failure to hold key support levels might lead to a retreat towards $2,400.

Read more at Investing.com: Bitcoin (BTC) Bulls Aren’t Ready to Give Up, Shiba Inu’s (SHIB) Dreams of $0.00002 Are Real, Ethereum (ETH) at Pivotal Threshold By U.Today