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XRP/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this XRP/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- against USDT, the price has been constantly declining after being rejected from the $0.9 resistance level. The market is likely targeting the 50-day moving average around the $0.6 support level. The 200-day moving average trending near the $0.5 mark is also another key support that the price would test in case of a breakdown of the 50-day MA. In any case, the market seems more likely to rebound from these levels and start a new bullish phase. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
2
SOL/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this SOL/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Solana (SOL) returned to the green during today’s session, snapping a two-day losing streak in the process. After falling to a bottom of 22.52 on Thursday, SOL/USD climbed to a high of 23.13 earlier in today’s session. Despite today’s rebound in price, Solana is still trading almost 7% lower than at the same point last week. The rally began after the RSI bounced from a support level at the 45.00 mark, rising to a current reading of 49.04. Bulls are likely targeting a move back above the 25.00 level, however, they will first need to move beyond an upcoming wall of 50.00 on the indicator. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
SHIB/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this SHIB/USDT 1DAY chart update by CRYPTO SANDERS. CHART ANALYSIS:-Shiba Inu (SHIB) rose by over 5% on Friday, on the news that Binance was adding the asset to its Flexible and VIP Loan services. SHIB/USD hit an intraday peak of 0.000008677 on the news, a day after trading at a low of 0.000008226. The move resulted in the meme coin hitting its highest point since Monday when it peaked at 0.00000872. One of the catalysts for the surge also seemed to be a breakout of the 60.00 level on the 14-day relative strength index (RSI). the index is tracking at 62.20, which is marginally below a higher ceiling of 63.00 Earlier gains have already eased, with traders likely securing profits in anticipation of a collision with this zone. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
3
XRP/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this XRP/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- XRP, formerly Ripple, remained in the red during today’s session, as the price fell to a multi-week low. Following a high of 0.6971 the day prior, XRP/USD slipped to an intraday low of 0.6589 earlier in the day. This is the weakest point that XRP has hit since July 13, when the token was trading below 0.4700. That day also saw XRP hit its highest point since December 2021, after it was ruled by a U.S. judge not necessarily to be a security. sentiment has been largely bearish, with the latest sell-off coming as the relative strength index (RSI) broke out of a floor at 49.00. the index is tracking at 48.60, with the next visible point of support at 45.00. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
1
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- ethereum (ETH) also moved lower earlier in the day, dropping below a support point of 1,850 in the process. ETH/USD bottomed out at 1,822.35 during today’s session, following Wednesday’s high at 1,860.19. As a result of today’s decline, ethereum moved back towards a four-week low at 1,812. The slippage took place after the RSI fell below a floor at the 45.00 level, and it is now at a reading of 41.93. Should momentum continue to drop, the next price target will likely be the 1,795 level. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) dropped below the 29,000 zone in today’s session, as bulls appeared to have abandoned their positions following Wednesday’s gains. After peaking at 29,988.00 yesterday, BTC/USD slipped to an intraday low of 28,946.51 earlier in the day. This comes as the bullish sentiment surrounding Microstrategy’s latest BTC investment seems to have already faded. In addition to this, the relative strength index (RSI) failed to move past a key ceiling at 50.00, and has bounded off a floor at 42.00. the index is tracking at 42.79, with BTC climbing back above the 29,000 mark as a result. Price may now consolidate, as traders’ attention turns to Friday’s nonfarm payrolls report. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Ethereum (ETH) rebounded from Tuesday’s losses, climbing above the 1,850 level on hump day. ETH/USD rallied to a high of 1,877.51 earlier in today’s session, following up from a low of 1,817.92 the previous day. The move saw ethereum bounce back from yesterday’s one-month low and comes as the RSI found a stable floor at 45.00. the index is now tracking at 45.67, with the next visible resistance level at 50.00 A jump to this point will likely increase ethereum trading above $1,900. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) moved closer to 30,000 on Wednesday, following news that Microstrategy added 12,333 BTC to its books in Q2. After trading at a low of 28,657.02 on Tuesday, BTC/USD jumped to a high of 29,988.00 earlier in today’s session. This is the highest point that the cryptocurrency has hit since July 24, which is the last time price traded above 30,000. After its filings, Microstrategy CFO Andrew Kang said: “Our bitcoin holdings increased to 152,800 bitcoins as of July 31, 2023, with the addition in the second quarter of 12,333 bitcoins being the largest increase in a single quarter since Q2 2021.” BTC’s 10-day (red) moving average has now started to gradually shift direction, after an extended downtrend. In addition to this, the relative strength index (RSI) has found a firm support point at the 46.00 level, with price strength now tracking at 47.11. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
1
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin (BTC) was in the green to start the week, with the price trading at its highest point since last Friday. Traders are optimistic heading into August, which has historically been a bullish month for the cryptocurrency. BTC/USD hit an intraday high of 29,489.87, which comes following a low at 29,059.50 during Sunday’s session. Bitcoin bulls rejected a breakout below the 29,000 mark, just as the relative strength index (RSI) closed in on a collision with a resistance level at 46.00. This ceiling appears to be a major obstacle preventing price from moving towards its obvious target at the 30,000 mark. At the time of writing, the RSI is tracking at 45.97 with bitcoin at 29,362.66. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
TRX/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this TRX/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Tron (TRX) extended a recent bull run for a fourth day, with today’s move taking the token to its highest point since last Sunday Following a low of 0.08221 on Thursday, TRX/USD climbed to an intraday high of 0.08417 earlier in today’s session. Tron bulls appear to be targeting a resistance level at 0.0860, which was last hit during last Saturday’s peak of 0.0943. Since hitting that 20-month high TRX has mostly consolidated, however bullish momentum seems to be gradually returning. This comes after the relative strength index (RSI) moved beyond a ceiling of its own at 63.00, and is now tracking at 64.84. If the current sentiment remains, TRX could reach 0.0860 in the coming days. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
SHIB/USDT 1DAY UPDATE BY CRYPTO SANDERS !! Hello, welcome to this SHIB/USDT 1DAY chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Shiba Inu (SHIB) rallied to a two-week high on Friday, after breaking out of a key resistance level. SHIB/USD surged to a peak of 0.000008217 earlier in today’s session, following Thursday’s low at 0.000007754. Friday’s move came as shiba inu broke out of a key resistance level at the 0.000008000 mark, hitting its highest point since June 15 in the process. Another reason for today’s action appears to be the relative strength index (RSI) moving above a ceiling of 55.00. Currently, price strength is tracking at the 60.09 level, which is marginally below a ceiling of 61.00. Should the Bulls manage to race past this point, there is a good chance the next target price will be 0.000008500. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
2
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Ethereum (ETH) traded above its own support point at 1,850 on Friday, as the cryptocurrency continued consolidating. ETH/USD dropped to a bottom at 1,855.32 earlier in today’s session, a day after peaking at 1,878.43. The price consolidation comes as the RSI failed to move above a current resistance level of 48.00. As of writing, the index is on the cusp of crossing this line, however, momentum is still relatively weak. There could likely be a spark later in the day, depending on how traders react to the University of Michigan Consumer Sentiment report. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) continued to trade above the 29,000 mark on Friday, despite bearish pressure intensifying in today’s session. After hitting a high of 29,520.71 on Thursday, BTC/USD dropped to an intraday low of 29,099.35 earlier in the day. The move saw bitcoin briefly fall below a support point at 29,200, however, prices have since climbed back above this point. This latest slippage comes as the 10-day (red) moving average continued its downward cross versus its 25-day (blue) counterpart. In addition to this, the relative strength index (RSI) neared a breakout below a floor at 41.00, however, it has so far avoided this. Should this occur, BTC's next possible destination could be 28,000. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Ethereum (ETH) was another big mover, surging above 2,000 in today’s session, which came as a result of the Ripple news. Following a low of 1,878.81 on Thursday, ETH/USD jumped to an intraday high of 2,026.20 earlier in the day. the world’s second-largest cryptocurrency recorded its strongest level since April 19. A downward crossover of moving averages also failed to materialize, with momentum now back in the hands of bulls. Ethereum’s RSI failed to break out of a ceiling at 65.00, with the index now at a reading of 63.02. ethereum is trading at $1,933. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
4
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- BTC/USD peaked at 31,814.51 late on Thursday, after trading at a low of 30,486.69 earlier in the day. Yesterday’s peak is the most vital point Bitcoin has hit since late May last year, the last time price was over 32,000. BTC has since declined, as traders move to secure gains, resulting in the price now trading at 31,208.15. This comes as the relative strength index (RSI) failed to break a ceiling of 66.00, and is now tracking at 62.62. Today’s move also averted a downward crossover between the 10-day (red) moving average and its 25-day (blue) counterpart. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
1
SOL/USDT 1DAY UPDATE !!Hello, welcome to this SOL/USDT update by CRYPTO SANDERS. CHART ANALYSIS:-Solana (SOL) moved past the 20.00 level earlier in the day, hitting a one-month high in the process. SOL/USD surged to an intraday high at 20.32, which comes after falling to a bottom at 18.50 the day prior. This rally has resulted in the world’s ninth-largest cryptocurrency hitting its highest level since June 6. SOL has since slipped, with bulls unable to sustain a breakout of the 20.00 price point. This was in part due to the RSI failing to breach its own resistance zone, which was around 61.00. SOL’s price strength is now sitting at 57.72 and appears to be heading for a lower floor near the 52.00 area. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2
BCH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BCH/USD update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin cash (BCH) rallied back above 300.00 on Thursday, prior to the global crypto market moving to consolidate. Following a low of 250.23 on Thursday, BCH/USD jumped to an intraday peak at 300.85 earlier in the day’s session. As a result of the rally, the price moved to its strongest point since the start of the week, and closer to a recent 15-month high. Earlier gains have now been erased, with BCH falling to a current reading of 279.71 as of writing. One of the catalysts for this is the fact that the relative strength index (RSI) moved closer to a ceiling at 73.00, after bouncing from a floor at 70.00. The index is now tracking at 71.69, and will likely consolidate around this area for the remainder of the day. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
1
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- ethereum (ETH) slipped in today’s session, falling below 1,950. ETH/USD dropped to a bottom at 1,949.15 earlier in the day, less than 24 hours after peaking at 1,974.78. The world’s second-largest cryptocurrency has since rebounded and is once again closing in on a multi-month high. ETH bulls will need to take price strength above an upcoming ceiling at the 64.00 zone. Currently, the RSI has a reading of 62.59, which is its highest level since April 19, when the price was above 2,100. Some believe that ETH could head back toward this point in the coming weeks. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) moved closer to a fresh one-year high on Tuesday, as U.S. markets closed to celebrate the July 4th holiday. Following a low of 30,586.51 to start the week, BTC/USD raced to an intraday peak of 31,375.61 earlier in the session. The move saw Bitcoin edge closer to last Friday’s high at 31,443, its most vital point since June last year. Earlier momentum has since faded, as the relative strength index (RSI) collided with a resistance level at 70.00. tracking at 68.43 and appears to be heading for a support point at the 66.00 mark. there is a strong possibility that Bitcoin will be trading around the 30,500 level. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) rebounded from recent losses on Tuesday, ahead of the upcoming U.S. consumer confidence report. The Conference Board expects its index to rise to a reading of 104.0 in June, up from 102.3 the month prior. BTC/USD rose to an intraday high of 30,751.19 on Tuesday, following a low at 29,955.74 to start the week. The move appears to have occurred as the 14-day relative strength index (RSI) bounced from a support point of 68.00. As of writing, the index now sits at a reading of 70.17, which is once again in overbought territory. A barrier at 73.00 is now the next visible ceiling, and unless bulls break out of this point, BTC will likely move back below 30,000. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) moved marginally lower to start the week, as its price fell below the 31,000 mark on Monday. BTC/USD dropped to an intraday low of 30,042.38 earlier in the day, which comes after the price peaked above 31,000 on Sunday. Today’s slippage sees bitcoin decline for a third straight day and comes as the relative strength index (RSI) moved into overbought territory. hit a peak of 72.92, which was not only near a ceiling of 73.00 but also its highest point since late January. This reading prompted bears to enter the market again, pushing the RSI down to a current reading of 68.81. 68.00, and if this support point is broken, there is a good chance that BTC slips below 30,000. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- ethereum (ETH) also made significant gains on Thursday, rising above 1,900 in the process. Following a low at 1,812.37 on Wednesday, ETH/USD surged to an intraday high of 1,932.07 earlier in today’s session. This was the highest level that ethereum had hit since May 6, which is the last time price was over 2,000. Today’s rally also pushed the RSI to a resistance level at 61.00, a point that it has so far been unable to move past. the index is now tracking at 60.79, with earlier bulls opting to secure some gains, resulting in a drop in price. ETH is now trading at 1,882.95. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
1
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin moved above the 30,000 level in today’s session, ahead of a testimony by the chair of the Federal Reserve, Jerome Powell. Powell will be speaking today for the first time since the Fed’s decision to keep interest rates unchanged in June. BTC/USD hit a peak at 30,737.33 earlier in the day. This is the strongest point that Bitcoin has hit since April 14, when the price reached a top at 31,050. Another major catalyst for the move was a crossover of moving averages (MA), with the 10-day (red) MA, moving above its 25-day (blue) counterpart. the relative strength index (RSI) has also marginally broken out of a ceiling at 70.00 and is now tracking at 70.88. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
3