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Bitcoin, Ethereum, and XRP Reach Critical Support Zones: Here Are the Levels to Watch

Bitcoin, Ethereum, and XRP Reach Critical Support Zones: Here Are the Levels to Watch
Photo: Blockonomi

BTC when published $81,429Now $80,577 ▼ −1.05% since it was published

Bitcoin rebound prospects depend on whether buyers defend key support levels, according to crypto analyst Ali Charts. The analyst named $81,000 for Bitcoin, $2,350 for Ethereum, and $1.25 for XRP as the levels to watch. Each asset has reached a technical test on its daily chart. Holding these zones could trigger recoveries across all three assets in the near term. A breakdown, however, would shift attention toward lower price targets instead. Ali Charts shared the outlook in a thread on X on October 18. For Bitcoin, the analyst pointed to $81,000 as the key level. This price marks the lower boundary of its daily rising channel. The channel connects a series of higher lows and higher highs on the daily chart.

First reported by Blockonomi. This page is a short excerpt; the full text is theirs.

Read the full story at Blockonomi (opens in a new tab)

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