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<ul><li>Bitcoin hovers below $30k, seeking a breakout past $30,093 resistance.</li><li>Ethereum&#39;s sideways trend continues, facing bearish pressure around $1,849.</li><li>APT and RPL surge, while OP and INJ face significant losses.</li></ul>Today&#39;s market <a href="https://dropstab.com/" rel="noopener noreferrer nofollow">analysis</a> showcases a diverse landscape in the dynamic world of cryptocurrencies, with major digital assets displaying bullish and bearish trends. The center stage is occupied by the leading virtual asset Bitcoin (BTC), grappling to gain a foothold above the pivotal $30k level.After encountering a resistance level of $30,093 in the preceding session, BTC underwent a corrective phase, resulting in its current lateral movement within the $29,477 to $29,500 range. At the time of writing, BTC reflects a modest 0.87% loss and is valued at $29,519.ICO Drops, a platform that provides a simple and visually appealing Initial Coin Offering (ICO) and Initial Exchange Offering (IEO) calendar, shared a tweet post providing insights on the current market performance:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/f05c6e10b61b46d3bd267acbd99fc564.png" />Meanwhile, Ethereum (ETH) is treading water, mirroring the overall market sentiment. The bearish undertone is becoming more pronounced as ETH hovers around the $1,850 mark, experiencing a 0.44% decline. Critical monitoring levels are the support at $1,845 and the resistance at $1,869, which could influence Ethereum&#39;s trajectory in the coming days.Meanwhile, Binance Coin (BNB) emerges as an intriguing case, showcasing robust performance recently. However, the current scenario paints a bearish picture. BNB&#39;s encounter with formidable resistance at $250 led to renewed selling pressure, causing its price to retest to $241, marking a 1.30% drop over the past 24 hours.Read full article at <a href="https://cryptotale.org/cryptocurrency-market-analysis-bitcoin-hovers-below-30k-amid-neutral-trends/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Cryptocurrency Market Analysis: Bitcoin Hovers Below $30K Amid Neutral Trends

CryptoTale

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