Dogecoin

Solana

Bitcoin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/analyst-highlights-critical-crypto-levels" data-wpel-link="internal" rel="noopener noreferrer nofollow">Analyst Highlights Critical Crypto Levels</a><br></p>
<p style="text-align: justify">Credible Crypto, a prominent cryptocurrency analyst and trader, has pinpointed essential support levels for <a href="https://en.bitcoinhaber.net/solana-gains-analyst-support-for-potential-market-growth-against-ethereum" data-wpel-link="internal" rel="noopener noreferrer nofollow">Solana</a> (SOL), Bitcoin (BTC), and Dogecoin (DOGE). He emphasizes that these thresholds are vital for the ongoing rallies of these digital currencies. According to the analyst, synchronized key levels for SOL, DOGE, and BTC might offer temporary relief for Solana and Dogecoin if Bitcoin recovers from its current lows.</p>
<h2 id="why-is-solana-s-support-level-crucial">Why Is Solana’s Support Level Crucial?</h2>
<p style="text-align: justify">Credible Crypto, who boasts a significant following on X, stressed that Solana is at a make-or-break juncture. He warned that Solana might plummet to $115 if it slips below the $140 support. Viewing the $140 mark as a possible relief point, he has halted his short positions to monitor <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">market</a> behavior. Currently, SOL is trading at $155, up 5% in the last 24 hours. His analysis suggests that retaining the $140 support could allow Solana to reach $230, highlighting its importance for maintaining an upward trajectory.</p>
<h2 id="how-critical-is-dogecoin-s-current-status">How Critical Is Dogecoin’s Current Status?</h2>
<p style="text-align: justify">Credible Crypto underlined Dogecoin’s precarious position, stressing that DOGE must stay above the $0.13 support to facilitate a rebound around $0.19. If DOGE holds this level, it might provide an exit opportunity for those who bought at higher prices. Presently, DOGE is trading at $0.14, up 5.4% in the last 24 hours. The coin’s <a href="https://newslinker.co" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">future</a> rise hinges on its ability to maintain the $0.13 support.</p>
<p style="text-align: justify">On Bitcoin, Credible Crypto indicated that the $60,000 support level is critical. He cautioned that failing to stay above this threshold might jeopardize the upward trend. Bitcoin recently hit its lower target with offers between $62,000 and $65,000, and demand above $67,000 to $68,000. Currently, BTC is trading at $67,457, up about 2% in the last 24 hours. The analyst anticipates Bitcoin to climb to around $77,000 after reaching its bottom, but warns that a dip below $60,000 could threaten the sustainability of the current upward trend.</p>
<h2 id="key-takeaways-for-traders">Key Takeaways for Traders</h2>
<p style="text-align: justify">– Solana must stay above $140 to potentially reach $230.<br> – Dogecoin’s survival above the $0.13 support is crucial for a rebound to $0.19.<br> – Bitcoin needs to maintain its $60,000 support to avoid jeopardizing its upward trend.</p>
<p style="text-align: justify">In conclusion, Credible Crypto’s analysis underscores the importance of these support levels for Solana, Bitcoin, and Dogecoin. Traders should closely monitor these critical points to make informed decisions and manage risk effectively.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/analyst-highlights-critical-crypto-levels" data-wpel-link="internal" rel="noopener noreferrer nofollow">Analyst Highlights Critical Crypto Levels</a></h5>

Analyst Highlights Critical Crypto Levels

Table of Contents

BH NEWS

Other articles published on Jun 13, 2024

Billionaire Bill Miller Claims Bitcoin (BTC) Is Still Undervalued; Whales Are Sidestepping Polygo...

Captain Faibik Highlights Key Bitcoin Formation

Will Clemente Is All-In on Meme Coins for 15X Potential

3 Cat-Themed Meme Coins To Sell Amid Red-Zone

MiCA Boosts EUR-Stablecoin Utilization, Will It Cast A Shadow On USD-Backed Coins?

Crypto tokens on the Rise: Top Cryptocurrencies Set to Explode in 2024 : Bitgert, Toncoin, Dogwif...

Join our free newsletter for daily crypto updates!