Leading cryptocurrency Bitcoin (BTC) After the week when it broke the all-time record and regressed to the $60,000 band, it started with a rise.
BTC
BTC managed to break the $62,000 resistance and is currently advancing to $65,000. Of course, the first cryptocurrency to watch out for this week is Bitcoin. If BTC can stay in the $62,000 to $66,000 band, this will benefit altcoins.
The volume of BTC futures on CME also broke records, showing that things are going well for now and interest is increasing. If BTC jumps above $72,000, it can be good for BTC, bad for the market, and BTC could crush the bottoms.
LEFT
Another cryptocurrency to watch out for is wither (LEFT) happens. Continuing its rise to surpass Tether, SOL was stuck at $216 resistance on October 22. SOL is currently trading at $207 and still hasn’t been able to break it. The direction for the SOL, which is between the $200 support and the $216 resistance, will be determined soon.
AVAX
In the third place AVAX is located. AVAX broke the descending channel on October 21, indicating that the uptrend will continue. The critical resistances for AVAX price will be $69, $73 and the all-time record $79.
If the price fails to break these resistances, the support it will pull out can be at $51.
ALGO
The cryptocurrency at the end of the list is the one that has received serious funding recently. Algorand (ALGO) happened. ALGO remains in the symmetrical triangle formation, but breaking it could bring serious bullishness. Levels to watch out for for ALGO are $2.22 and $2.55 in the bullish band. On the downside, $1.51 would be an important support. Right now both RSI and MACD are giving bullish signals for ALGO.
*Not Investment Advice.