Donald Trump of cryptocurrencies The best and worst thing that ever happened to you. It ended the crypto hatred in the Biden era. However, with the motto of making the USA great again, it is taking such steps that it is literally bombing the trade and economic locomotives that have been on track for decades. This triggers further losses in cryptocurrencies.
BNB Coin Forecast
Lark Davis put BNB, the strongest altcoin of recent times, on his agenda. BNB After reaching seemingly dreamy four-digit price levels, it fell victim to the change in general market sentiment. If the Binance-backed altcoin, which is now selling at $1,153, loses its support level, Davis says we may see a much deeper bottom.
“BNB could potentially form a double top. The only caveat is that BNB is a strong coin in this cycle. Therefore, the only way for this bearish thesis to come true is for BNB to lose support. Watch how he acts around the support.”
In the scenario where he is right, we can see a new bottom reaching $846. Thus, those who bought the bottom during the China headline decline may face losses as a result of not taking short-term profits.
ETH and BTC
Discussing the current situation, Michael Poppe stated with his usual optimism that “within 1-2 weeks” Ether price He said it would rise. Having failed to defend $4,000, ETH is stalling below $3,900 and a sudden rise is what Poppe is waiting for.
“In the coming days, maybe within 1-2 weeks, in ETH A new rise will begin.
It has retested the previous resistance zone and is ready to break new highs and reach $10,000. “This bull market is not over yet.”
DaanCrypto is cautious and points out the potential for disruption in the long-term chart structure that Roman Trading pointed out days ago (before the decline).
“BTCthe bull market is struggling around the support band but losing again. It is important to stay in this zone during higher time frames and weekly closes.
As long as stocks and gold remain near all-time highs, I think BTC has a good chance of staying in this area.
The end of the year is usually quite interesting. Therefore, we are set to see some choppy price movements through the end of 2025.”
We understand better why the news flow is so important these days. That’s why you need to constantly stay up to date to understand what’s going on and interpret the charts. The news section of the CryptoAppsy application is very useful in this regard.
