The Latest on Bitcoin and Cryptocurrencies! – February 16

The Latest on Bitcoin and Cryptocurrencies, will the market continue to rise? What are the important levels for altcoins? And here are the prices for Bitcoin (BTC), Ethereum (ETH), and other popular altcoins!

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Bitcoin still follows a sideways trend at the $52,000 level. If Bitcoin does not show movement by the weekend, this situation could persist over the weekend, presenting a nice growth opportunity for altcoins. The situation looks positive as long as there is no adverse news for Bitcoin right now.

The Latest on Bitcoin and Cryptocurrencies

Bitcoin (BTC): The BTC/USDT pair gained 0.52% in value in the last 24 hours, currently trading at $52,165. The resistance levels for BTC are firstly $52,400, followed by $56,000. Support levels are $51,600 and below this region, $49,500.

Ethereum (ETH): The ETH/USDT pair gained 0.83% in value in the last 24 hours, currently trading at $2,847. The first resistance level for ETH is $2,856, followed by $2,955. Support levels are firstly $2,750, followed by $2,589.

Arkham (ARKM): The ARKM/USDT pair gained 8.34% in value in the last 24 hours, currently trading at $0.71. The first resistance level for ARKM is $0.72, followed by $0.77. Support levels are firstly $0.65, followed by $0.59.

Injective (INJ): The INJ/USDT pair gained 4.67% in value in the last 24 hours, currently trading at $35.75. The first resistance level for INJ is $36.78, followed by $38.70. Support levels are firstly $33.73, followed by $31.13.

Render (RNDR): The RNDR/USDT pair gained 4.54% in value in the last 24 hours, currently trading at $5.54. The first resistance level for RNDR is $6.05, followed by $6.35. Support levels are firstly $4.90, followed by $4.56.

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