Three different crypto money We will take a look at the current situation for BTC and 2 altcoins with the analyst’s current charts. Different perspectives are always useful for investors. BTC price After falling to $55,545, it is stalling at $57,400 at the time of writing. The $58,000 attempt failed again.
Bitcoin Analyst Comment
$58,000 Bitcoin (BTC) $56,474.79 It was an important support level for and is now on its way to becoming resistance. The price, which tried to rise again, could not overcome this area. However, the price, known by the nickname Feyronn, cryptocurrency analyst Daily closing at current levels argues that a rally may begin. According to the analyst, if the daily closing is above $ 57,000, new attempts may be made at $ 58,800 and $ 60,000.
“As long as we hold above $55,700, the upside momentum should remain strong. We had a solid retest and bounce from this level at the open, so let’s continue this trajectory. Summer is over, time for the market to get down to serious business.”
SEI and AAVE Coin Predictions
The crypto trader, who goes by the username Kaz The Shadow, is very interested in SEI Coin. The analyst, who is looking for confirmation for H&S, expects a rapid recovery in the altcoin if successful. If lower levels are targeted again after the local bottoms are tested, SEI Coin could fall to $0.116.
“SEI is looking really good right now, ready to bounce back up if we confirm H&S. It has also already swept local lows so it shouldn’t come back to sweep them again and if it does, I think it will drop to $0.116. It’s holding for now so let’s wait and see, it will move SL to entry as soon as possible, I just want to see a nice bounce”
Our third and final analyst is Daan Crypto Trader and his eye AAVE He looked at the chart. He had previously mentioned that there could be profit opportunities here. The chart he shared after the last attempt at $160 reflects the potential for a recovery just after $140.
$153 is likely to be considered for short-term selling opportunities as it has tested it many times.
“AAVE is still minding its own business and making new cyclical/yearly highs. Rejected for now. If BTC can stay strong, convincing closes above $154 could accelerate the rally.”
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
