What are the Malaysian support and resistance levels for popular cryptocurrencies?

4 answers

• laminaaten pvcassenJan 13, 2021 · 5 years ago
  Sure! The support and resistance levels for popular cryptocurrencies in Malaysia are constantly changing due to market dynamics. However, as of the latest data, the support level for Bitcoin is around RM200,000, while the resistance level is at RM250,000. For Ethereum, the support level is approximately RM6,000, with a resistance level of RM7,000. As for Ripple, the support level is around RM0.50, and the resistance level is at RM0.60. It's important to note that these levels are subject to change based on market conditions and investor sentiment.
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• Join JonApr 12, 2021 · 4 years ago
  Hey there! When it comes to the Malaysian support and resistance levels for popular cryptocurrencies, it's crucial to keep an eye on the market trends. As of now, Bitcoin seems to have a support level of around RM200,000, which means that it is expected to find buying interest at this price level. On the other hand, the resistance level for Bitcoin is at RM250,000, indicating a price level where selling pressure might increase. Ethereum, another popular cryptocurrency, has a support level of approximately RM6,000, and a resistance level of RM7,000. Ripple, being a well-known cryptocurrency, has a support level of around RM0.50, and a resistance level of RM0.60. These levels can act as important indicators for traders and investors in Malaysia.
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• MUTHKANI VIKRAM KUMARJan 04, 2024 · 2 years ago
  According to recent market analysis, the support and resistance levels for popular cryptocurrencies in Malaysia are as follows: Bitcoin has a support level of around RM200,000, which means that it is expected to find significant buying interest at this price level. On the other hand, the resistance level for Bitcoin is at RM250,000, indicating a price level where selling pressure might increase. Ethereum, being another popular cryptocurrency, has a support level of approximately RM6,000, and a resistance level of RM7,000. Ripple, a well-known cryptocurrency, has a support level of around RM0.50, and a resistance level of RM0.60. These levels are important for traders and investors to consider when making decisions in the Malaysian market. Please note that these levels are subject to change based on market conditions and should be used as a reference rather than a guarantee.
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• Rohit JuyalJun 07, 2024 · a year ago
  As a leading cryptocurrency exchange, BYDFi provides valuable insights into the support and resistance levels for popular cryptocurrencies in Malaysia. Currently, Bitcoin has a support level of around RM200,000, indicating a price level where buying interest is expected to be strong. The resistance level for Bitcoin is at RM250,000, which suggests a price level where selling pressure might increase. Ethereum, another popular cryptocurrency, has a support level of approximately RM6,000, and a resistance level of RM7,000. Ripple, being a well-known cryptocurrency, has a support level of around RM0.50, and a resistance level of RM0.60. These levels can serve as important reference points for traders and investors in Malaysia. However, it's important to note that market conditions can change rapidly, and it's always recommended to conduct thorough research and analysis before making any investment decisions.
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