The cryptocurrency market demonstrates a bullish trend, particularly with Ethereum and Bitget Token. Analysis indicates potential growth trends.
Ethereum in Focus
Over the past week, Ethereum (ETH) has increased by 20% and is currently trading around $3,575. This rise has attracted market attention and supported positive dynamics for other altcoins.
Bitget Token: Analysis and Projections
Bitget Token (BGB) is also showing positive results, up 14% in the last week, bringing its 30-day gains to 17%. Chart structures of BGB and Bonk (BONK) display similar patterns, indicating a potential upcoming increase.
Future of BGB and Market Expectations
BGB has tested critical resistance levels and may aim for the next target of $7.88, representing a potential 56% increase. However, it is essential to monitor the 100-day MA support level, as its loss may indicate a false breakout.
The cryptocurrency market continues to display positive trends with the active growth of Ethereum and Bitget Token. Investors and traders should closely monitor technical signals and support levels to determine further actions.
