Futures linked to significant U.S. indices are mostly rising ahead of the commencement of the first complete trading week of the new year. Crude oil prices decline following the U.S. capture of the leader of major oil producer Venezuela, while shares of large U.S. energy companies such as Chevron and ExxonMobil experience gains in after-hours trading. The U.S. dollar also sees an increase, as analysts work to understand the international consequences of the U.S. incursion. In other news, U.S. car sales are reportedly on the rise in 2025, despite demand being challenged by tariffs, supply chain disruptions, and the expiration of tax credits.
Ethereum price extended its decline below $3,200. ETH is struggling and it seems like the bears are now aiming for a move toward the $3,000 support zone.
Bitcoin price struggled to recover above the $68,800 resistance. BTC is now moving lower and there is a risk of more downsides below the $65,000 support.
Ripple XRP price started a downside correction from the $0.7450 resistance. The bulls are now struggling to keep the price above the $0.5850 support zone.
Ethereum price started a downside correction below $3,650. ETH traded below $3,500 and is currently attempting a decent recovery wave in the near term.
Solana is gaining bullish momentum above $200. SOL price is still showing positive signs, and it could even surpass the $220 resistance in the near term.