FunToken jumps 100%, MMX spikes 80%, Bitcoin dips below $83,000
Altcoin Performance: Several altcoins, including FunToken (FUN), MMX, and Enzyme (MLN), experienced significant price increases despite a slight decline in the overall cryptocurrency market, with FUN doubling in value over 24 hours.
Market Insights: While FUN's surge lacks major announcements or partnerships, MMX's rise follows a period of decline, and Enzyme's increase is attributed to its recent nominations at the Hedgeweek Global Digital Assets Awards 2025.
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Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC). As of , Bitcoin (BTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 43017.052 | 51508.526 | 59988.572 | 68480.046 | 76960.092 | 85451.566 | 93931.612 |
| Fibonacci | 51508.526 | 57991.647 | 61996.925 | 68480.046 | 74963.167 | 78968.445 | 85451.566 |
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