Bitcoin Stuck Between Key Levels as Solana, Lido, ICP and VeChain Show Signs of Bottoming
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Bitcoin is trading in a tight range between key moving averages, indicating indecision about next move. A breakout could signal potential range expansion.
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Solana, Lido DAO, Internet Computer and VeChain are showing signs of forming a base. A breakout could start a new uptrend.
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Resistance levels to watch for SOL are $22.50 and $27.12. For LDO it's $1.73. For ICP it's $3.35.
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VeChain is trading inside a descending triangle but clinging to support. A break above the downtrend line could invalidate the bearish setup.
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The crypto market remains correlated to Bitcoin's price action. Altcoins may rally if Bitcoin breaks out and sustains above $25,000.