From Investing.com

January 18, 2025 02:00:18 AM:

Bitcoin has been rising above $100,000 but may still be in a covert downward trend. It needs to surpass $110,000 to confirm an uptrend and break the daily chart’s descending trendline. The volume profile remains uncertain, with buying power possibly not strong enough to move past resistance levels.

Dogecoin broke through a key resistance level at $0.40, showing bullish momentum. It aims to surpass the 50 EMA barrier to further increase its price. The $0.45-$0.50 range could be the next target if DOGE maintains momentum. A retracement to $0.35 is possible if it fails to hold above $0.40.

Ethereum is struggling at around $3,740, unable to recover previous highs. It faces resistance at the 50 EMA levels of $3,557 and $3,800, lacking bullish momentum. Volume data shows little buying interest, increasing the chances of a deeper retracement below $3,120. Breaking above $3,800 could reignite bullish sentiment.

Read more at Investing.com: Is Bitcoin (BTC) in Secret Downtrend? Dogecoin (DOGE) Breaks Key Resistance Level, Ethereum (ETH) in Pain With No Signs of Breaking Through By U.Today