These are the key levels for BTC, ETH, and VET, according to KOL Justin Bennett

Cryptocurrency analyst Justin Bennett maps key levels for Bitcoin (BTC), Ethereum (ETH) and VeChain (VET) after BTC fell from all-time highs.

As Bitcoin threatens to drop below $ 60,000, says Cryptocademy founder speak that he sees a confluence of support levels around $ 55,000.

“There’s a lot of confluence at around $ 55,000. Let’s not forget, however, that the September high of $ 53,000 may also play a role … The key resistance above $ 60,000 is $ 63,600 and $ 67,000. “

BTC / USDT daily chart | Source: Justin Bennett

The analyst says Ethereum will need to close the daily candle above $ 4,370 to enter the pricing phase.

“If ETH loses $ 3,900, I’ll keep an eye on the $ 3,700 zone …

As stated recently, ETH / USDT needs to close the daily candle above $ 4,370 to secure a breakout and get involved in pricing.

ETH / USDT daily chart | Source: Justin Bennett

After VeChain (VET) slumped 21% in the past few days, Bennett said the altcoin movement will depend on BTC. He said VeChain would retest the $ 0.155 resistance once Bitcoin bottomed out locally.

“A deeper BTC correction towards $ 53,000, however, could push VET into the $ 0.10-0.11 range, especially as we see VET / BTC encounter resistance and sell out thereafter.

Of course, if BTC hits bottom locally, VET could retest the $ 0.155 resistance.

Daily VET / USDT Chart | Source: Justin Bennett

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Disclaimer: This article is for informational purposes only, not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions.

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