Bitcoin Faces Selling Pressure at $115,000 While LTC, CRO, ENA, and MNT Show Potential for Upside
Main Idea
Bitcoin is facing selling pressure at $115,000, while altcoins like Litecoin (LTC), Cronos (CRO), Ethena (ENA), and Mantle (MNT) show resilience and potential for upward movement if Bitcoin maintains above $112,000.
Key Points
1. Bitcoin is struggling with selling pressure near $115,000, and maintaining above $112,000 could help altcoins resume their upward trend.
2. Litecoin (LTC) bounced off $107 and could rally to $130 if it holds above $122.
3. Cronos (CRO) regained ground above the 20-day SMA and may resume its upward trend if it breaks above $0.15.
4. Ethena (ENA) shows recovery potential, with buyers defending the 20-day SMA ($0.54) and aiming for $0.70 to start the next upward move.
5. Mantle (MNT) has formed an inverse head-and-shoulders pattern, and a break above $0.85 could trigger a rally to $0.94 and beyond.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Bitcoin is currently
Latest News
- Stagflation Risks Prompt Concerns for Bitcoin as US Economic Data Shows Slower Growth and Rising Inflation2025-08-06 08:15:28
- MEI Pharma’s $100M Move to Litecoin: Exploring Potential Impacts on Market Dynamics and Institutional Adoption2025-08-06 08:13:29
- BNB and LEO Show Resilience Amid Market Declines, Holding Strong with Minimal Drawdowns2025-08-06 07:56:27
- China Raises Concerns Over World Token’s Biometric Data Collection and Potential Privacy Risks2025-08-06 07:55:36
- Philippine SEC Raises Concerns Over Unregistered Crypto Platforms Like OKX, Emphasizes Investor Protection and Compliance2025-08-06 07:29:48