AVAX/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this AVAX/USDT 1DAY chart update by CRYPTOSANDERS.
CHART ANALYSIS:-Avalanche (AVAX) was a big mover on Friday, as the cryptocurrency rose by as much as 7% during the day.
Following a low of 9.85 on Thursday, AVAX/USD rose to a peak of 10.80 earlier in today’s session.
The move pushed the avalanche to its highest level since August 29, past a key price ceiling of 10.00 in the process.
the relative strength index (RSI) also escaped a resistance level of its own at 65.00.
price strength now resides at 68.54, which is its highest point since mid-April this year.
The next target for current buyers will likely be 11.00, however with the price now overbought, a reversal could also be on the cards.
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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH update from Crypto Sanders.
Chart Analysis:-Ethereum (ETH) returned to the green in today’s session, following a spell of four consecutive days trading lower.
After hitting a one-week low of 1,608 on Thursday, ETH/USD rose to a peak of 1,649.13 earlier in the day.
This came as bulls opted to reenter the market following a breakout below a support point at the 1,620 level.
Earlier gains have somewhat faded, as ETH approached a ceiling near the 50.00 level on the RSI indicator.
Currently, price strength is tracking at 48.93, with ethereum trading at 1,634, and bulls maintaining a target of 1,700 in the short term.
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BITCOIN ANALIYSIS UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis (BTC) had a brief stint above the 28,000 level late on Thursday, as market volatility increased ahead of today’s nonfarm payrolls report.
BTC/USD peaked at 28,091.86 towards the tail end of yesterday’s session, before slipping to a bottom of 27,375.60 earlier today.
Prices have since rebounded, with the world’s largest cryptocurrency now trading at 27,649.56 as of writing.
BTC retreated from yesterday’s high after the relative strength index (RSI) failed to sustain a surge above a key resistance level of 60.00.
The index is currently at a reading of 58.95, however, there could be another attempt to move beyond 60.00 in the coming hours.
In the event that the next advance is successful, there is a strong possibility Bitcoin will be back trading above 28,000.
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ADA/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this ADA/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Cardano (ADA) was a notable gainer, with the cryptocurrency climbing away from a floor of its own.
ADA/USD rose to a high of 0.2628 earlier in the day, which comes after a low of 0.255 the day prior.
Today’s move saw Cardano move away from its recent support point at 0.250, just as the RSI bounced from a floor of its own.
After colliding with a floor at the 55.00 mark, price strength has gone on to reach a high peak at 58.82.
The next visible ceiling looks to be at the 65.00 zone, and in the event bulls manage to reach this point, ADA will likely rise above 0.270.
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TON/USD 12hour UPDATE BY CRYPTO SANDERS !!hello, welcome to this TON/USD update by CRYPTO SANDERS.
CHART ANALYSIS:- Toncoin (TON) moved away from a multi-week low in today’s session, as the price climbed above the 2.00 mark.
Following a low of 1.95 on Wednesday, TON/USD bulls pushed the token to a peak of 2.10 earlier in the day.
toncoin bounced from its lowest point since September 15, which has also been a key support point.
Traders opted to buy the dip at this point, with the relative strength index (RSI) rising past a ceiling of 50.00.
the index is tracking at 50.73, with a ceiling of 54.00 a possible target for buyers.
Should this point be hit, there is a good chance that TON will hit a ceiling at the 2.20 region in the coming days.
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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH update from Crypto Sanders.
Chart Analysis:- Ethereum (ETH) moved lower for a fourth straight session on Thursday, as the cryptocurrency closed in on a recent point of support.
Following a high of 1,654.43 on Wednesday, ETH/USD dropped to an intraday low of 1,632.72 earlier today.
This extended slippage pushed ethereum towards a floor of 1,620, which was last hit on September 29.
Today’s fall in price came as the RSI marginally dropped below support of its own at the 50.00 zone.
the indicator is reading 49.24, with a lower level at 44.00 a possible target for sellers in the market.
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:-Bitcoin (BTC) continued to trade close to a key price ceiling on Thursday, ahead of tomorrow’s NFP report.
BTC/USD peaked at 27,875.59 earlier in the day, following a low of 27,339.27 the day before.
The move pushed Bitcoin closer to a recent resistance level of 27,900, however, bulls could not capture this point.
Earlier gains have since faded, which comes as the relative strength index (RSI) encountered some turbulence of its own.
the index is at a reading of 60.21, which is marginally below a ceiling of 63.00
Should this decline continue, price strength could land at a floor of 58.00 in the not-too-distant future.
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XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this XRP/USDT update from Crypto Sanders.
Chart Analysis:- XRP was another big mover on Wednesday, as the price attempted to break out of a key resistance level.
After Tuesday’s low at 0.5075, XRP/USD rallied to an intraday high of 0.5449 during today’s session.
As a result of this surge, the world’s fifth-largest cryptocurrency briefly rose past a ceiling at 0.5400.
Earlier gains have since edged lower, which comes as the RSI fell below a ceiling at the 62.00 mark.
The index has since dropped further, and is now tracking at 56.57, and seems to be heading towards a floor of 51.00.
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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
Chart Analysis:- Ethereum (ETH) was largely lower in today’s session, despite moving away from a price floor of its own.
ETH/USD has fallen from an earlier peak of 1,662.45, and as of writing this is now trading at 1,648.07.
Although the cryptocurrency has moved away from its earlier peak, the price is trading above a floor of 1,620.
This comes as bulls rejected a breakout of the 50.00 level on the RSI indicator, with the index now tracking at 50.63.
In the event that momentum begins to pick up in the upcoming days, ethereum could be soon back over 1,700.
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- Bitcoin (BTC) climbed marginally higher on Wednesday after the price bounced off a recent support point.
Following a low of 27,216.00 on Tuesday, BTC/USD surged to a peak of 27,632.90 earlier in the day.
The move pushed bitcoin further away from a recent floor of 27,200, and closer to a ceiling at 27,800.
it appears that the rebound comes as the 14-day relative strength index (RSI), bounced from a support level of its own at 58.00.
price strength is now tracking at 60.52, with the next visible point of resistance at 67.00.
Should this upcoming ceiling be broken, then there is a good chance that BTC will re-enter the 28,000 zone.
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DOGE/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this DOGE/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Dogecoin (DOGE) fell by as much as 3% on Tuesday, as bearish sentiment returned to cryptocurrency markets.
DOGE/USD dropped to a low of 0.06163 earlier in the day, following a high of 0.06329 the day prior.
The decline came as the meme coin failed to move beyond a key resistance level at the 0.0640 level.
it appears that the downward pressure came after the relative strength index (RSI) slipped below a floor at 47.00.
the index is tracking at a reading of 44.37, with the 40.00 mark a potential target for sellers.
Should this point be hit, there is a strong possibility that dogecoin will be trading below the 0.06000 region.
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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this eth/usdt update from Crypto Sanders.
Chart Analysis:- Ethereum (ETH) was also a victim of today’s profit-taking, with the price once again falling below the 1,700 mark.
ETH/USD sank to a bottom at 1,646.08 on Tuesday, less than 24 hours after peaking at a seven-week high of 1,733.51.
The decline appears to have come after ethereum bulls were unable to force a breakout above a ceiling of 1,730.
the sell-off engulfed gains from the past three days and came as the RSI fell below a floor of 60.00.
the world’s second-largest cryptocurrency is trading at 1,656.73 and appears to be heading for a floor of 1,620.
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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this Ethereum update from Crypto Sanders.
Chart Analysis:- Ethereum (ETH) continued to trade above the 1,700 level on Monday, as the cryptocurrency hovered near a multi-week high of its own.
ETH/USD hit an intraday high of 1,750.60 to start the week, less than 24 hours after trading at a low of 1,670.08.
this rally has seen ethereum trade at its highest level since mid-August, after breaking out of a resistance point at 1,730.
A closer look at the chart will also show that an upward crossover between the 10-day (red) and 25-day (blue) moving averages has occurred.
This typically is a bullish signal, however, with Ethereum’s RSI also close to being overbought, traders might be tentative before opting to amplify pressure.
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SHIB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this SHIB/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Shiba Inu (SHIB) crypto bulls bounced back after a minor standoff earlier in the day.
After hitting a low of 0.000007164SHIB/USD reached an intraday high of 0.000007287 during today's session.
This happened as traders continued to move the price away from the recent support point at 0.00000710.
it also appears that the momentum is somewhat bullish, with the 10-day (red) moving average close to a cross with its 25-day (blue) counterpart.
The relative Strength Index (RSI) must first move above the 44.00 mark.
the index is tracking at 42.14, with SHIB trading at 0.00000754.
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XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this XRP/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- XRP, formerly Ripple, was one of today’s biggest movers, climbing by as much as 5% earlier in the day.
Following a low of 0.5036 yesterday, XRP/USD raced to a peak of 0.5455 during Friday’s session.
This resulted in the token hitting its highest point since August 29, which is the last time the price hit a ceiling of 0.5490.
it appears that the move came as the 14-day relative strength index (RSI) rose beyond a ceiling of its own at 56.00.
the index is tracking at 58.67, with the next visible point of support near the 60.00 mark.
In the event the 60.00 ceiling is broken, there is a good chance that XRP will climb beyond 0.5500.
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BNB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BNB/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- BNB, formerly Binance coin, was another big mover on Tuesday, as the token rose for a back-back session.
BNB/USD reached a high of 213.19 earlier in the day, after starting the week at a low of 208.02.
the native token of cryptocurrency exchange Binance now seems to be pushing for a ceiling of 220.
BNB bulls will need to surpass an upcoming resistance point of 47.00 on the RSI indicator.
BNB is now at a reading of 44.41, with the token trading marginally lower at 211.74.
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BCH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BCH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin cash (BCH) was a notable gainer in today’s session, as the cryptocurrency climbed for a second straight day.
Following a low of 206.86 to start the week, BCH/USD peaked at 213.89 earlier in today’s session.
The move saw bitcoin cash close in on a resistance level of 225, which was last reached on September 18.
the move comes as the 10-day (red) moving average remained above its 25-day (blue) counterpart.
the relative strength index (RSI) has broken out of a ceiling at 52.00 and is now tracking at 54.50.
A point of resistance at 60.00 now seems to be the next target for bulls, and if hit, BCH will more than likely be above 225.
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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) also rose higher on Tuesday, after dropping to a key support point to start the week.
Following a low of 1,565.03 on Monday, ethereum rallied to an intraday high of 1,598.10 less than 24 hours later ETH bulls rejected a breakout below a floor at 1,565, but they also used this as a point of reentry, buying the dip in price.
the surge came as the floor of the RSI also held firm, acting as a springboard for traders.
ETH continues to hover below the 1,600 level, however, this could change following this afternoon’s consumer confidence report.
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin was back in the green on Tuesday, as its price rebounded from a multi-week low during yesterday’s session.
BTC/USD peaked at 26,421.51 earlier today, which comes following a low of 26,011.47 the day prior.
Monday’s low saw the world’s largest cryptocurrency trade at its weakest point since September 13, after dropping below 25,800.
it appears that the rebound in price came as a result of the relative strength index (RSI), finding a floor of its own at 45.00.
price strength is now tracking at 45.84, with the next visible point of resistance at the 55.00 mark.
Should bulls reach the 55.00 level, there is a strong possibility that BTC will move close to the 27,000 zone.
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XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this XRP/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- XRP was back in the green on Friday after the Bulls abruptly ended a three-day win streak during yesterday’s session.
Following a low at 0.5025 on Thursday, XRP/USD moved to a peak at 0.5134 earlier in the day.
The surge saw XRP, formerly Ripple, once again make strides towards a key resistance level at 0.5450.
it appears that the rebound came as the relative strength index (RSI) climbed back above a ceiling of 47.00.
price strength is now sitting at 48.72, with the next visible ceiling near the 54.00 region.
In the event this target is hit, there is a strong likelihood that XRP will move above 0.5400.
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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) fell below the 1,600 level in today’s session, as bearish pressure continued to intensify.
Following a high of 1,601.54 on Thursday, ETH/USD slipped to an intraday low of 1,573.31 later in the day.
This was the lowest point ethereum had fallen to since September 12, when the price bottomed out at 1,549.
Bulls have since bought this dip, with the world’s second-largest cryptocurrency rebounding to a current level of 1,597.46.
the 10-day (red) and 25-day (blue) moving averages have neared one another, with the prospect of an upward cross seeming imminent.
Should this occur, there could be a bull run in ETH this weekend.
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- After falling to its lowest point since Monday late in yesterday’s session, bitcoin (BTC) was marginally higher today.
BTC/USD fell to a low of 26,389.30 on Thursday, and at the time of writing, has rebounded to 26,641.77.
still remains below yesterday’s peak of 26,786.10 and almost 1,000 away from a recent three-week high.
The decline comes as the 14-day relative strength index (RSI) fell to a one-week low in the last 24 hours, before finding a stable floor.
price strength is tracking at 50.77, which is marginally above the aforementioned support at 50.00.
Should bulls opt to reenter after recent days of consolidation, they will likely target the 56.00 level on the indicator.
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SHIB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this SHIB/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Shiba Inu (SHIB) moved lower during today’s session, as the Bears ended a three-day winning streak.
After peaking at 0.000007527 on Wednesday, SHIB/USD slipped to a bottom of 0.00000725 earlier in the day.
The decline came as bulls were unable to move beyond a ceiling at 0.00000755, giving way to downward pressure in the process.
it appears that the shift in momentum came after the relative strength index (RSI) failed to break a key ceiling.
The index was unable to penetrate a resistance level of 43.00 and is now tracking at a reading of 40.09.
Should the price continue to fall in the coming days, the landing spot could likely be a point of support at 0.00000710.
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