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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.

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