Price analysis 9/20: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, UNI, AVAX
Bitcoin and most major altcoins have dropped to their critical support levels, which is likely to attract strong buying from the bulls.
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Bitcoin and most major altcoins have dropped to their critical support levels, which is likely to attract strong buying from the bulls.
Bitcoin price is struggling to flip $48,000 to support, but the steady protocol developments taking place in DeFi projects could lead to further upside from DOT, LUNA, ATOM and FTT.
Bitcoin is sustaining above its immediate support, but several altcoins are showing signs of profit-booking.
Ethereum Ethereum is up by a small 1.2% over the past week of trading as the cryptocurrency currently sits at around $3450. The coin reached support at $3205 (.5 Fib)…
Buyers continue to scoop up Bitcoin and altcoins on dips, a signal that there is strong demand at lower levels and that bullish momentum is building.
DOT/USD – DOT Breaks Bearish .618 Fib. Key Support Levels: $35.30, $32.55, $30. Key Resistance Levels: $38.65, $40, $42.10. DOT surged above resistance at $30 toward the end of August…
ADA/USD – Bulls Battle To Defend .382 Fib. Key Support Levels: $2.35, $2.20, $2.00. Key Resistance Levels: $2.60, $2.70, $2.80. ADA fell from near $3 last week to spike as…
Bitcoin’s quick dip below $44,000 sent altcoin prices into a freefall and has some traders worried that the correction could deepen.
While Bitcoin price is fighting to hold above the 200-day SMA, ALGO, ATOM, XTZ, and EGLD continue to march higher.
Altcoins are still flashing bullish signals but Bitcoin’s steady slide toward its swing low could put a damper on the market’s positive sentiment.