Ethereum’s price has dipped slightly below $3,150 but remains stable above $3,100, staying above the 100-hourly Simple Moving Average. A bullish trend line has formed, providing support at $3,110. If Ethereum breaks through the resistance levels at $3,200 and $3,250, it could potentially climb towards $3,350 and even $3,500. However, failing to clear the $3,165 resistance could lead to further declines towards key support levels.
Litecoin is currently hovering around the $80 mark and is showing signs of an imminent move. It is on the verge of breaking the $85 resistance level, which could trigger a significant surge towards $90. Litecoin is holding strong above the 200-day EMA, indicating a potentially bullish path as it aims for the $100 mark. Recent sessions have seen Litecoin testing the upward trendline multiple times, remaining stable above it.