Today's Bitcoin and Ethereum Analysis

Bitcoin stopped the previous day due to hitting the important resistance of $23,371 and again took the range trend in the lower timeframes. But in the daily and 4-hour timeframe, we can consider the price within a range channel. Bitcoin's current support level is in the range of $22,671, and its second support is in the range of $22,238. As long as the bottom of the ascending channel is maintained, the higher targets set in the resistance range of $25,282 to $26,700 could be the following range for buyers.

Ethereum remained within the short-term ascending channel yesterday but has reacted negatively to the midline range of the channel. The price of ETH has important support at the bottom of the channel in the range of $1569 - $1590. If it brings a positive reaction, hitting this level can make the following targets of Ethereum achievable at the levels we set yesterday. But note that these resistances are strong reaction levels, and the possibility of the price entering the correction wave from these ranges will be high.

Don't forget to check out monocoin.net for more crypto analysis and crypto signals.

You can also join our channel to receive telegram crypto signals for crypto and forex.

Join the MonoCoin Signal VIP to receive the best cryptocurrency signals and analysis.

MonoCoin Signal also provides crypto tutorial content for crypto trading for VIP users, so they can gain more profits.