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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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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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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SHIB/USDT 1DAY UPDATE BY CRYPTOSANDER !!Hello, welcome to this SHIB/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Shiba Inu (SHIB) also edged lower today, as prices approached a key support point.
Following a high at 0.000007479, SHIB/USD declined to a bottom at 0.000007258 earlier in today’s session.
As a result of this surge, the world’s second-largest meme coin closed in on a price floor at the 0.00000710 level
SHIB has not hit this point yet, the RSI has collided with a floor of its own at the 43.00 mark.
the index is tracking marginally below this point at 42.88, however, should this downward trend continue, SHIB will almost certainly hit 0.00000710 in the coming days.
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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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BITCOIN 1DAY UPDATE Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- Bitcoin (BTC) edged below the 28,000 level during today’s session, as traders moved to secure Monday’s gains.
After surging to a peak of 28,494 to start the month of October, BTC/USD slipped to a low of 27,374 earlier in the day.
The decline came after the cryptocurrency climbed to its highest level since August 17, however, this momentum was also its downfall.
This was owing to the fact that Monday’s move pushed the 14-day relative strength index (RSI) above the 70.00 level, and into overbought positions.
price strength is now tracking at 59.93, which is marginally above a support point of 57.00.
In the event that this aforementioned floor is broken, there is a good chance that BTC could slip below $27,000 in the coming days.
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SOL/USDT 1DAY UPDATE BY CRYPTOSANDERSHello friends, welcome to this Sol update from Crypto Sanders.
Chart Analysis:- Solana (SOL) continued to be a big mover to start the month of October, after extending a recent bull run to a sixth straight day.
After hitting a bottom at 22.51 on Sunday, SOL/USD climbed to a high of 24.60 earlier in today’s session.
As a result of this surge, the world’s seventh-largest cryptocurrency hit its strongest point since August 15.
The move sees solana near a key price point of 25.00, with the RSI moving deep into the overbought region in the process.
the index is at the 74.33 position, which is its highest reading since July 17.
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BCH/USDT1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN CASH update from Crypto Sanders.
Chart Analysis:- Bitcoin cash (BCH) was a notable gainer on Monday, as the token rose to a two-month high to start the month.
BCH/USD peaked at 246.98 earlier in the day, after trading at a low of 233.74 during Sunday’s session.
This was the strongest point that Bitcoin cash has hit since July 31, when the price reached a high of 259.00
today’s move comes after a key resistance level of 245.00 was briefly broken, bulls have gone on to retreat from earlier positions.
One reason for this was a collision that occurred on the relative strength index (RSI), which hit the 70.00 resistance point.
Currently, the index is tracking at 69.53, with BCH at 243.30 as of writing.
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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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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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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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SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this SOL/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- solana (SOL) also rallied strongly on Friday, rising above 20.00 in the process.
SOL/USD climbed to a high of 20.32 earlier in today’s session, following Thursday’s low at 19.22.
This surge has seen solana hit a nine-day high, which comes after three straight days of bullish momentum.
the uptrend comes as the 10-day (red) moving average rose above its 25-day (blue) counterpart.
Bulls are likely now targeting a higher resistance level of 21.00, which would result in a four-week high.
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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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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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BITCOIN UPDATE !!Hello friends, welcome to this Bitcoin update from Crypto Sanders.
Chart Analysis:- Bitcoin remained above the 27,000 level on Friday, following a late rise in bullish sentiment towards the end of Thursday’s session.
Following a low of 26,424.95 on Thursday, BTC/USD raced to an intraday high of 27,259.50 earlier in the day.
bitcoin rose to its highest level since September 20, when its price peaked at 27,393.00.
However, earlier gains have since edged lower, mainly due to a collision in the relative strength index (RSI).
the index could not push past a resistance level of 58.00 and has since fallen to a reading of 56.57.
Traders could be awaiting the release of this afternoon’s consumer sentiment report in the United States, prior to deciding their next move.
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