#BTC & ETH Weekend Analysis#

Bitcoin has broken above the critical $85,000 level and is now aiming to maintain its recovery rally towards the approaching resistance channels. As of the time of writing, the BTC price is trading at $84,864 and has increased by more than 3.2% in the last 24 hours.
The 20-day average price is beginning to rise at (82.246 $), but the RSI, which measures the buying and selling power, is fluctuating within the buying zone at a level of 64, indicating that downward pressure is somewhat easing. While Bitcoin is hovering around strong resistance channels, it is likely to encounter a downward correction. However, if buyers maintain the momentum above $85,000, the price could climb to $89,000 next week and potentially even $95,000.
On the other hand, sellers will likely try to prevent this movement and push the price back below the support level of 78 thousand dollars. If they succeed, Bitcoin may drop again to retest the critical support level of 74.5 thousand dollars.
Ethereum Price Analysis
Ether bounced back from the critical $1,500 as sellers struggled to keep prices low. At the time of writing, the ETH price is trading at $1,645 and has increased by more than 5% in the last 24 hours.
Moving averages are showing an upward trend and the RSI is in the positive zone, which means that buyers are gaining an advantage. They will likely try to keep the price above the descending resistance line. If this happens, we could see the ETH price shoot towards the critical resistance around $2,000 next week.
To prevent this, sellers must quickly push the price below the EMA20 trend line. If they succeed, Ether could drop towards $1,386. This level is significant because if the price falls below it, it may signal a short-term momentum shift away from the bulls.