Ethereum faces resistance at $2,624, while Dogecoin sees 5% price increase.

From Investing.com

September 26, 2024
11:30 PM:

Ethereum (ETH) is facing a crucial moment in the market, breaking through resistance levels but struggling with increased selling pressure at a price of around $2,624. To stay out of the bearish pattern, it needs to maintain support at $2,550 and target resistance at $2,780. The Relative Strength Index signals uncertainty for traders.

Dogecoin sees a 5% price increase, crossing the 100 EMA level and eyeing the 200 EMA level for further gains. A potential golden cross formation could signal a significant bullish shift, impacting long-term trend reversal. Traders are optimistic about a breakout above $0.12 but caution against strong resistance.

Bitcoin is showing chart patterns like a double bottom or head and shoulders, indicating different potential price movements. A double bottom around $61,000 could lead BTC to break resistance at $65,000 for a rally, while a head and shoulders pattern suggests a decline if crucial support levels like $61,000 are breached. Traders are closely monitoring BTC’s next move.

Read more at Investing.com: Double Bottom or Head and Shoulders? Dogecoin (DOGE) Price Goes Through 5% Surge, Ethereum (ETH) at Pivotal Market Level By U.Today