Coinbry

  • Market Cap: $2,668,889,135,567.81
  • 24h Vol: $87,139,034,878.90
  • BTC Dominance: 49.87%
Analysis of Prices on September 27th: Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), Cardano (ADA), Dogecoin (DOGE), Solana (SOL), TON Crystal (TON), Polkadot (DOT), and Polygon (MATIC)

Analysis of Prices on September 27th: Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), Cardano (ADA), Dogecoin (DOGE), Solana (SOL), TON Crystal (TON), Polkadot (DOT), and Polygon (MATIC)

Bitcoin and some altcoins are holding steady despite the US dollar index reaching a near 1-year high. This indicates a lack of aggressive selling at lower levels.

Bitcoin’s price remains range-bound, causing traders to stay on the sidelines. Low liquidity could lead to volatile moves in either direction.

MicroStrategy has acquired 5,445 Bitcoin at an average price of $27,053 per Bitcoin, showing long-term bullish sentiment.

The price analysis of the top 10 cryptocurrencies shows mixed signals for short-term movements.

Bitcoin is facing resistance near the 20-day exponential moving average, with bears selling rallies to the 50-day simple moving average. A break above the 50-day SMA could lead to a rise towards $28,143.

Ether is attempting a recovery but faces resistance at the 20-day EMA. A break above the 20-day EMA could lead to a rally towards $1,746.

BNB remains below the breakdown level of $220 but has not slipped below $203. If the price breaks above $220, it could rise to $235.

XRP is in a symmetrical triangle pattern, with sellers trying to push the price below the uptrend line. A break above the resistance line could lead to a climb towards $0.56.

Cardano is struggling to push the price above the 20-day EMA and may complete a bearish descending triangle pattern if the $0.24 support gives way. A break above the downtrend line could lead to an up-move towards $0.29.

Dogecoin has seen buying at lower levels but remains under bearish control. A sustained break below $0.06 could lead to a drop towards $0.055.

Solana is facing strong resistance at the 20-day EMA and may see further selling if it breaks below $18.50. A bounce from $18.50 could lead to a rally towards $22.30.

Toncoin is at an important level at the 20-day EMA, with buyers buying the dips. A break above the 61.8% Fibonacci retracement level could lead to a rally towards $2.40.

Polkadot is stuck below the 20-day EMA, with bears defending the level. A break below $3.91 could indicate a further downtrend.

Polygon bounced off a critical support level but remains under selling pressure. A break below $0.49 could resume the downtrend.

Summary:

– Bitcoin and some altcoins are holding steady despite the US dollar index reaching a near 1-year high.

– Bitcoin remains range-bound, causing traders to stay on the sidelines.

– MicroStrategy has acquired more Bitcoin, showing long-term bullish sentiment.

– The price analysis of the top 10 cryptocurrencies shows mixed signals for short-term movements.

– Key levels to watch include resistance at the 20-day EMA for Bitcoin and Ether, support at $0.24 for Cardano, and resistance at $0.06 for Dogecoin.

– The overall sentiment remains uncertain, and traders should wait for confirmations before taking positions.

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