Coinbry

  • Market Cap: $2,477,269,299,000.18
  • 24h Vol: $142,930,522,075.37
  • BTC Dominance: 51.82%
10/20 Price Analysis: Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), Solana (SOL), Cardano (ADA), Dogecoin (DOGE), TON Crystal (TON), Polkadot (DOT), and Polygon (MATIC)

10/20 Price Analysis: Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), Solana (SOL), Cardano (ADA), Dogecoin (DOGE), TON Crystal (TON), Polkadot (DOT), and Polygon (MATIC)

Bitcoin price briefly surpassed the $30,000 level, indicating a bullish trend. Grayscale Investments’ new application for a Bitcoin ETF and the dismissal of claims against Ripple’s CEO and executive chair by the SEC are positive developments for the cryptocurrency market. Bitcoin’s long-term holders are increasing their stockpiles, causing a potential supply crunch. The top 10 cryptocurrencies are analyzed to determine if they will follow Bitcoin’s upward momentum.

Summary:

– Bitcoin broke above the $28,143 resistance and is supported by the 20-day EMA and overbought RSI.

– Ether bounced off the $1,531 support and may rally to $1,746 if it crosses the 50-day SMA.

– BNB turned bullish as buyers defended the 20-day EMA and may target $235 and $250.

– XRP may oscillate between $0.46 and $0.56, with a potential rally if it stays above the moving averages.

– Solana completed a bullish setup and may rise to $32.81 after breaking resistance at $27.12.

– Cardano’s positive divergence on the RSI suggests reduced bearish momentum, with resistance at $0.27 and $0.28.

– Dogecoin’s long tail indicates aggressive buying between $0.055 and $0.06, with potential resistance at $0.07.

– Toncoin’s recovery above $1.98 suggests positive sentiment and a target of $2.47 if it breaks $2.20.

– Polkadot’s relief rally may face resistance at $3.91, with a potential downtrend continuation below $3.56.

– Polygon’s selling pressure may be reducing, with a potential surge to $0.60 if it sustains above the moving averages.

Headline: Bitcoin Price Surges Above $30,000, Altcoins Show Potential for Follow-Up

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