Top 5 cryptocurrencies to watch this week: BTC, ETH, BNB, MATIC, FTM

Top 5 cryptocurrencies to watch this week: BTC, ETH, BNB, MATIC, FTM

Cryptocurrency1 hour ago (Oct 31, 2021 06:00PM ET)

(C) Reuters.

The weekend failed to ignite bullish momentum from crypto investors and both Bitcoin (BTC) and Ether (ETH) turned down on Oct. 31. The bulls will now try to achieve the third successive weekly close and the first-ever monthly close above the psychological $60,000 level.

$63,000 is another level of interest for traders because the stock-to-flow creator PlanB, projected this level as the “worst-case scenario” for October. In the recent past, PlanB’s worst-case theory was proven to be correct in August and September.

Crypto market data daily view. Source: Coin360BTC/USDT daily chart. Source: TradingViewBTC/USDT 4-hour chart. Source: TradingViewETH/USDT daily chart. Source: TradingViewETH/USDT 4-hour chart. Source: TradingViewBNB/USDT daily chart. Source: TradingViewBNB/USDT 4-hour chart. Source: TradingViewMATIC/USDT daily chart. Source: TradingViewMATIC/USDT 4-hour chart. Source: TradingViewFTM/USDT daily chart. Source: TradingViewFTM/USDT 4-hour chart. Source: TradingView

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Top 5 cryptocurrencies to watch this week: BTC, ETH, BNB, MATIC, FTM

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