Our mission is to help you obtain financial freedom. Checkout Our Youtube Channel Checkout Our Youtube Channel
Blog

Neutral Day for Bitcoin, Ethereum, & Altcoins

Written By: ChartChamp

June 26, 2024

BTC has been trading sideways for today’s daily candle. This neutral price action tends to be boring, but I think it is important for BTC to hold above the white zone. I do not want to see more dips below $60k so that will be important to monitor over the next few days. ETH and ALTS are showing some good strength for now so I think everything is looking good for a July rally.

ETH and the Altcoin market are also having a neutral day. For ETH I want to make sure the price holds above the white trendline around $3,350 over the next few days. The Altcoin market has risen above $600 billion market cap, but is also neutral today. I think we could see some more boring price action until the end of the week, but the start of a bullish rally in early July.

ChartChamp socials: https://linktr.ee/realchartchamp

0 Comments
Inline Feedbacks
View all comments

More ClearValue Insights

Default Thumbnail

More Neutral Price Action for Altcoins

The Altcoin market held strong yesterday, but has dropped today as Bitcoin dips to $60k. The Altcoin market cap has traded sideways for 16 days now, and I’m still patiently waiting for some upside as we enter a seasonally bullish July. Follow me on social media: https://linktr.ee/realchartchamp

Read More
Default Thumbnail

Ethereum Rebounds from $3,270 Support Level

Bitcoin has retested the $60k support level to fill the CME gap, and Ethereum has also dropped to retest the white $3,270 support line. There is a bullish rebound forming off this support level, and I think we could see a rebound after the Fed meeting minutes are released today. Follow me on social media: https://linktr.ee/realchartchamp

Read More
Default Thumbnail

Bitcoin Retests $60k Support

Bitcoin has retraced back to the white zone to $60k support. There has been 10 days of sideways price action, but I remain optimistic for some upside soon. I think Bitcoin could be declining headed into the Fed meeting minutes, and could start to rally after the minutes are released at 2 PM EST. There […]

Read More
Default Thumbnail

More Neutral Price Action for Altcoins

The Altcoin market held strong yesterday, but has dropped today as Bitcoin dips to $60k. The Altcoin market cap has traded sideways for 16 days now, and I’m still patiently waiting for some upside as we enter a seasonally bullish July. Follow me on social media: https://linktr.ee/realchartchamp

Read More
Default Thumbnail

Ethereum Rebounds from $3,270 Support Level

Bitcoin has retested the $60k support level to fill the CME gap, and Ethereum has also dropped to retest the white $3,270 support line. There is a bullish rebound forming off this support level, and I think we could see a rebound after the Fed meeting minutes are released today. Follow me on social media: https://linktr.ee/realchartchamp

Read More
Default Thumbnail

Bitcoin Retests $60k Support

Bitcoin has retraced back to the white zone to $60k support. There has been 10 days of sideways price action, but I remain optimistic for some upside soon. I think Bitcoin could be declining headed into the Fed meeting minutes, and could start to rally after the minutes are released at 2 PM EST. There […]

Read More