ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
Chart Analysis:- Ethereum (ETH) rose above the 1,800 level to start the week, following a second straight day in the green.
1,779.36 on Sunday, ETH/USD rose to a high of 1,827.13 earlier in today’s session.
the world’s second-largest cryptocurrency rose to its highest point since last Thursday.
the rally came as the RSI neared its long-term resistance level of 75.00.
the index is tracking at 72.20, with ethereum marginally below its earlier peak at 1,817.
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Analiysis
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- bitcoin remained near the 35,000 level, ahead of a key week of economic data from the United States.
BTC/USD peaked at the 34,743.26 mark to start the week, after falling to a low at 34,173.38 on Sunday.
Bitcoin is moving closer to an 18-month high at 35,157, which was last struck on October 25.
Since hitting a low of 33,400 on Friday, BTC has made consecutive gains, which comes after the relative strength index (RSI) found a stable floor at 79.00. the index is tracking at 82.52, which is still significantly above the overbought mark.
Should the price continue to increase, there is a good chance that price strength will edge closer to a ceiling at 87.00.
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SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this SOL/USDT update from Crypto Sanders.
Chart Analysis:- Solana (SOL) also rallied higher in today’s session, after climbing above the 33.00 level earlier in the day.
SOL/USD climbed to a high of 33.69 on Wednesday, which comes a day after falling to a low of 29.70.
Today’s surge in price pushed solana to its highest level since last November and comes after a breakout on the RSI.
Price strength broke out of a ceiling at the 73.00 mark, with the index now tracking at a reading of 77.05.
This is a marginal decline from a high of 82.00 earlier this week, which was also a key point of resistance.
In order to move towards a possible target at 35.00, bulls will need to force a surge past the aforementioned 82.00 point.
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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH update from Crypto Sanders.
Chart Analysis:- ethereum (ETH) made slight gains on hump day, as it continued to hover around the 1,580 mark.
Following a low of 1,554.40 on Tuesday, ETH/USD climbed to an intraday peak of 1,584.73 during the day.
Earlier gains have since eased, with ethereum now trading at 1,577.40, with short-term bulls still targeting the 1,600 zone.
This may be difficult to achieve as momentum appears bearish, with the 10-day (red) moving average continuing to trend downwards.
Whilst at a reading of 45.75, a ceiling awaits ETH’s price strength at the 49.00 zone, and should it move beyond this, there will likely be an influx of bulls.
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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH update from Crypto Sanders.
Chart Analysis:-Ethereum (ETH) also made marginal gains to start the weekend.
Following a low of 1,613.38 on Friday, ETH/USD moved to an intraday high of 1,659.61 as the session progressed.
gains have somewhat faded, with the world’s second-largest cryptocurrency now trading at 1,641.61.
The 14-day RSI on ethereum is now hovering near a resistance of 50.00, however, unlike BTC, it has not yet been able to break out of this zone.
In the event this takes place in the coming hours, ethereum bulls will likely make another run for the 1,700 level.
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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 around the 28,000 level on Saturday, as traders responded to podcast phenom Joe Rogan, discussing the cryptocurrency.
Speaking to the founder of Openai Sam Altman, Rogan said, “That’s the one that has the most likely possibility of becoming a universal viable currency.”
BTC/USD peaked at 28,252.54 following the comments, following a low of 27,215.55 during Friday’s session.
the move came after the relative strength index (RSI) broke out of its own price ceiling at 61.00.
price strength is now tracking at a reading of 62.25, with the next visible ceiling at the 65.00 mark.
Should the index reach this point, there is a strong possibility that bitcoin will be trading above 28,500.
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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.
This is not a piece of financial advice.
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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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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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MATIC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this MATIC/USDT update from Crypto Sanders.
Chart Analysis:- Polygon (MATIC) rose for a back-to-back session on Wednesday, hitting a multi-week high in the process.
MATIC/USD moved to an intraday high of 0.5937 in today’s session, which comes following a low of 0.5523 the day before.
This resulted in the polygon climbing to its highest point since August 29, when the price peaked at 0.6355.
the surge saw the relative strength index (RSI) rise past a ceiling at the 62.00 zone.
the index is now at a reading of 62.76, with an upcoming resistance level at the 70.00 point.
A crossover between the 10-day (red) and 25-day (blue) moving averages also seems to be one of the reasons for today’s rally.
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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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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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BITCOIN Today Update With Weekly Closing !!Hello friends, welcome to this Bitcoin update from Crypto Sanders.
Chart Analysis:- Bitcoin (BTC) started the month trading above the 28,000 level, as traders came in strong to begin “October.”
27,056.29 on Sunday, BTC/USD rose to a peak of $28,488.74 earlier in today’s session.
This surge pushed Bitcoin to its strongest point since August 17, when the price was trading at a high of 28,751.
the latest rise in momentum comes following a breakout at the 68.00 level on the 14-day relative strength index (RSI).
price strength is tracking at 69.44, which is marginally below a higher ceiling of 70.00.
Should the indicator move beyond this point, BTC will enter overbought territory, which could be a signal to bears to reenter the market.
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DOGE/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this DOGE/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Dogecoin (DOGE) has rallied after two days of decline.
DOGE/USD reached a peak of 0.06117 early in the day, following a low of 0.06027 a day earlier.
the move was made after DOGE bounced off recent price levels at 0.0600.
it looks like the next target will be around the 0.06369 area, which was last hit exactly a week ago.
To reach this point, price strength would need to climb above the current reading of 42.52, and move closer to the ceiling of 44.00.
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ETHEREUM UPDATE !!Hello friends, welcome to this Ethereum update from Crypto Sanders.
Chart Analysis:- Ethereum (ETH) continued to trend higher on Friday, breaking out of a key resistance level in the process.
ETH/USD peaked at 1,687.28 earlier in today’s session, which comes a day after trading at a low of 1,620.68.
This surge has resulted in ethereum climbing over a long-held ceiling at $1,670, hitting a one-month high in the process.
The latest uptrend coincided with the relative strength index moving beyond a ceiling of its own at 57.00. It is now tracking at 58.61.
Bulls will likely remain unsatisfied until they take ethereum back above 1,700, which hasn’t happened since the end of August.
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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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TON/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this TON/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Toncoin (TON) fell by as much as 7% on Thursday, after recently climbing to its highest point in nine months.
TON/USD dropped to a low of 2.31 earlier in the day, after peaking at 2.49 less than 24 hours ago.
The drop came as toncoin bulls seemingly opted to secure gains, following a recent surge to its strongest point since late January.
After tracking deep in the overbought region in the past few days, toncoin’s RSI is now sitting at 65.19.
It appears that the next support point for price strength could be at 56.00, which may mean more profit-taking could be on the cards.
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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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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) neared a drop below a key price level in today’s session, hitting a one-week low in the process.
ETH/USD slipped to an intraday low of 1,606.18 earlier in the day, following Wednesday’s peak at 1,639.35.
Thursday’s decline pushed ethereum to its weakest point since September 13, which was the last time price was below 1,600.
Since failing to break out of a ceiling at 49.00, the RSI has moved closer into oversold territory and now tracks at 41.52.
Bears seem to be looking to land at a point of support at 35.00, which could lead ETH to hit the 1,575 floor.
Bulls are possibly still waiting in the wings, as the 10-day (red) and 25-day (blue) moving averages have still not crossed.
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BTC/USDT 8HOUR UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin started the day trading marginally lower, as markets prepared for the highly anticipated Federal Reserve interest rate decision.
BTC/USD dropped to an intraday low of 26,918.32 on Wednesday, following a peak at 27,488.76 the day prior.
the FOMC will give an economic forecast, which could provide some forward guidance on future policy decisions.
One of the catalysts for the drop in price was the relative strength index (RSI), which fell below a ceiling at the 60.00 mark.
The index is now tracking around the 57.08 level and is moving towards a support point at 55.00.
momentum remains largely bullish, with today’s decline largely due to profit-taking ahead of the Fed announcement.
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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) rose for the fourth consecutive session as the cryptocurrency remained above the 1,620 support level.
ETH/USD reached a peak of 1,640.52 on Friday, just 24 hours after the price hit a low of 1,618.73.
The above highs took the world's second-largest cryptocurrency to its strongest level in seven days.
Earlier gains have faded somewhat, as traders failed to break the key resistance level of 47.00 on the RSI indicator.
The index is now at a reading of 44.41, with a support point of 40.00 as a potential target.
Sentiment looks bullish, as the upside potential between the 10-day (red) moving average and its 25-day (blue) counterpart remains high.
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SOL/USDT 1DAY UPDATE !!hello, welcome to this SOL/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Solana (SOL) rose for a third consecutive day on Thursday, as the price moved closer to the coveted 20.00 mark.
SOL/USD surged by as much as 5% in today’s session, hitting an intraday peak of 19.27 in the process.
This move comes a day after the world’s ninth-largest cryptocurrency traded at a bottom of 17.96.
Earlier gains in price have started to ease in the last few hours after the RSI closed in on a ceiling of 43.00.
it is at a reading of 41.05, with the token marginally below today’s high, sitting at 18.84.
Although 20.00 is still clearly the short-term target, it will likely take a significant amount of bullish momentum to get there.
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