Bitcoin, Ethereum, and other top cryptocurrencies price analysis on 11/29
Bitcoin’s price is on the rise, aiming to break the crucial $100,000 mark. Whales bought 16,000 Bitcoin during a recent dip, fueling optimism among traders. Ether is also expected to hit $4,000 soon, according to analysts. Altcoins have gained momentum following Bitcoin’s rally, but many are still below their all-time highs.
Bitcoin’s chart shows a bullish trend, with a potential surge to $125,000 if the $100,000 level is breached successfully. On the flip side, a sharp decline could signal a bear trap, with support levels at $91,129 and $85,000.
Ether saw a positive breakout, signaling an end to a downtrend. It could rally to $4,094 if it maintains support levels. Solana, BNB, XRP, Dogecoin, Cardano, Avalanche, and Toncoin all show interesting trends, with potential resistance levels and support to watch out for.
Overall, the crypto market is buzzing with activity, making it an exciting time for investors. Keep an eye on key levels and trends to make informed decisions in this volatile market.
