The crypto market showed a slowed momentum on Friday, September 19. Bitcoin reflected a loss of under one percent, bringing the asset’s value to $116,851. In the last 24 hours, Bitcoin’s price has remained range-bound within the range of $116,000 and $117,000. For the most expensive cryptocurrency, the price point of $117,800 stands as the resistance level for the asset.
“For BTC, a decisive breakout above this zone could open the path toward the $118,200–$118,500 range in the short term. RSI is trending upward, and volume profiles suggest growing interest near breakout levels. However, failure to break $117,800 cleanly may lead to another pullback toward the $115,500 support before any sustained move higher,” Sathvik Vishwanath, Co-Founder and CEO of Unocoin told CoinHeadlines.
Ether followed Bitcoin’s price trajectory to register a loss of under one percent, Coin Market Cap showed. At the time of writing, ETH’s price dropped to $4,540 after briefly hitting the mark of $4,600.
“Ethereum is also gaining momentum, supported by whale accumulation of $3.8 billion worth of ETH in just 72 hours. A breakout above $4,660 could make way towards $4,820, while strong support at $4,550 provides a base for sustained upside,” Edul Patel, the CEO of Mudrex told CoinHeadlines.
Data by CoinMarketCap showed majority altcoins trading in losses as of Friday. These include Ripple, Binance Coin, Solana, Dogecoin, Tron, Cardano, and Avalanche. Other cryptocurrencies that registered price dips include Hedera, Cronos, Shiba Inu, Uniswap, Ethena, and Pepe. Me
On the other hand, Toncoin joined Polkadot, Mantle, Monero, World Liberty Financial, and Near Protocol registered profits alongside Bitget Token, Ondo Finance, Aptos, and cosmos among others.
“Altcoins are also taking the spotlight, Solana climbing near $250 and Chainlink outperforming peers on strong momentum. Dogecoin is particularly noteworthy, consolidating despite heavy selling pressure, with the market eyeing a potential breakout that could deliver over 100 percent upside if resistance clears,” said Avinash Shekhar, the CEO of Pi42. “The Overall, sentiment remains constructive, with capital rotation into altcoins reinforcing the bullish undertone across the market.”
The overall crypto market cap rose by under one percent in the last 24 hours to claim the valuation of $4.07 trillion.