The cryptocurrency market is experiencing a tough battle between the bulls and bears as Bitcoin attempts to break through the psychologically significant $100,000 resistance level. Despite the near-term uncertainty and choppy price action, analysts remain bullish on Bitcoin’s long-term prospects.
Bitcoin Price Analysis
Bitcoin is facing stiff resistance at the $100,000 mark, with the bulls struggling to overcome this hurdle. The 20-day EMA ($96,600) and RSI (Relative Strength Index) in the overbought territory indicate that buyers have the upper hand. However, if the price fails to break through $100,000, it may lead to a pullback to $95,000.
Pepe Price Analysis
Pepe has reached the overhead resistance of $0.000027, where the bulls and bears are likely to engage in a fierce battle for supremacy. The 20-day EMA ($0.000021) is sloping up, and the RSI is in the overbought zone, indicating an advantage to buyers. If the bulls maintain the price above $0.000027, Pepe could surge to $0.000035 and then to $0.000044.
Fantom Price Analysis
Fantom broke above the $1.23 overhead resistance on December 2, with the bulls thwarting attempts by bears to pull the price back below the breakout level. This suggests solid buying on dips. The rising 20-day EMA ($1.09) and RSI in the overbought territory indicate that buyers have the upper hand. The bulls will try to push the price toward $1.68, which is likely to act as a stiff hurdle.
Pepe Price Analysis
The bears pulled Pepe’s price below $0.000024, but the bulls purchased the dip to the 20-EMA. The bulls are again trying to push the price above $0.000027. If they can pull it off, Pepe could soar to $0.000035.
Fantom Price Analysis
The crucial support to watch on the downside for Fantom is $1.23. A break and close below this support will suggest that the bullish momentum is weakening. The FTM/USDT pair may then slump to the 20-day EMA.
Key Takeaways
- Bitcoin continues to battle with the $100,000 resistance level.
- Pepe has reached its overhead resistance of $0.000027 and could surge to $0.000035 if bulls maintain the price above this level.
- Fantom broke above the $1.23 overhead resistance on December 2 and is likely to continue its uptrend.
Investment Advice
Every investment and trading move involves risk, and readers should conduct their own research when making a decision. This article does not contain investment advice or recommendations.
Pepe Price Analysis
Pepe has reached the overhead resistance of $0.000027, where the bulls and bears are likely to engage in a fierce battle for supremacy.
Fantom Price Analysis
Fantom broke above the $1.23 overhead resistance on December 2, with the bulls thwarting attempts by bears to pull the price back below the breakout level.
Investment Advice
Every investment and trading move involves risk, and readers should conduct their own research when making a decision. This article does not contain investment advice or recommendations.
Bitcoin Price Analysis
Bitcoin is facing stiff resistance at the $100,000 mark, with the bulls struggling to overcome this hurdle.
Conclusion
The cryptocurrency market continues to experience volatility as Bitcoin battles with the $100,000 resistance level. Despite near-term uncertainty, analysts remain bullish on Bitcoin’s long-term prospects. Pepe and Fantom are also experiencing price action that suggests solid buying on dips. Readers should conduct their own research when making a decision.
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Investment advice is not provided in this article. Every investment and trading move involves risk, and readers should conduct their own research before making a decision.
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Disclaimer
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Investment Advice
Every investment and trading move involves risk, and readers should conduct their own research when making a decision. This article does not contain investment advice or recommendations.
Subscribe to the Markets Outlook newsletter
Get critical insights to spot investment opportunities, mitigate risks, and refine your trading strategies. Delivered every Monday.
By subscribing, you agree to our Terms of Services and Privacy Policy.
Disclaimer
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Pepe Price Analysis
Pepe has reached the overhead resistance of $0.000027 and could surge to $0.000035 if bulls maintain the price above this level.
Fantom Price Analysis
Fantom broke above the $1.23 overhead resistance on December 2 and is likely to continue its uptrend.
Investment Advice
Every investment and trading move involves risk, and readers should conduct their own research when making a decision. This article does not contain investment advice or recommendations.
Bitcoin Price Analysis
Bitcoin is facing stiff resistance at the $100,000 mark, with the bulls struggling to overcome this hurdle.
Conclusion
The cryptocurrency market continues to experience volatility as Bitcoin battles with the $100,000 resistance level. Despite near-term uncertainty, analysts remain bullish on Bitcoin’s long-term prospects. Pepe and Fantom are also experiencing price action that suggests solid buying on dips. Readers should conduct their own research when making a decision.
Related Articles
Here’s what happened in crypto today
Investment advice is not provided in this article. Every investment and trading move involves risk, and readers should conduct their own research before making a decision.
Subscribe to the Markets Outlook newsletter
Get critical insights to spot investment opportunities, mitigate risks, and refine your trading strategies. Delivered every Monday.
By subscribing, you agree to our Terms of Services and Privacy Policy.
Disclaimer
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Investment Advice
Every investment and trading move involves risk, and readers should conduct their own research when making a decision. This article does not contain investment advice or recommendations.
Subscribe to the Markets Outlook newsletter
Get critical insights to spot investment opportunities, mitigate risks, and refine your trading strategies. Delivered every Monday.
By subscribing, you agree to our Terms of Services and Privacy Policy.
Disclaimer
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
