Originally published on: December 15, 2024
VanEck’s forecast of a bullish market surge aligns with Danny Marques’ analysis, suggesting Bitcoin could hit impressive price levels by 2025. This positive outlook extends to Ethereum, with Bybit analysts predicting a new all-time high for ETH in the first quarter of 2025.
As Bitcoin approaches key resistance levels, the focus shifts to potential gains in select altcoins. Here are the top 5 cryptocurrencies showcasing a robust chart structure:
1. Bitcoin (BTC)
Bitcoin’s gradual ascent towards $104,088 indicates minimal bearish pressure, with a potential rally to $113,331 and beyond if key resistance levels are breached.
2. Ethereum (ETH)
ETH faces resistance near $4,000 but maintains an upside advantage supported by moving averages. A break above $4,094 could propel ETH to $4,500.
3. Chainlink (LINK)
Despite some resistance near $30, LINK remains in an uptrend, with targets set at $34.50 and $38.30 upon a successful breakout.
4. Aave (AAVE)
AAVE shows resilience near $300, with sights set on surpassing $400 for a potential surge to $450 as bullish momentum prevails.
5. Bitget Token (BGB)
After a rally above $3.50, BGB faces profit-taking pressures, aiming to maintain support at $3 and potentially rise towards $4.
As the crypto market remains dynamic, traders must remain vigilant against potential corrections and profit-taking scenarios. Keeping an eye on key support and resistance levels will be crucial in navigating the evolving crypto landscape. Stay informed and prepared to capitalize on emerging opportunities in the market.