SHIB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this SHIB update from Crypto Sanders.
Chart Analysis:- (SHIB) rallied for a third straight session on Saturday, as the meme coin jumped nearly 4% higher in the day.
Following a low of 0.000006828 on Friday, SHIB/USD climbed to a peak of 0.000007099 to start the weekend.
This is the highest point that SHIB has hit since Monday, when the price was trading at a high of 0.00000721.
The rally started after bulls rejected a breakout of a floor at 0.00000670 earlier this week, and they now look to be taking the coin to a resistance level of 0.00000760.
it appears that the surge has resulted in the relative strength index (RSI) moving above its own ceiling at 45.00.
price strength is at a reading of 46.39, with the next visible point of resistance at 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) is largely unchanged at the time of writing, as the cryptocurrency consolidated to start the weekend.
ETH/USD reached a high of 1,571.75 on Friday, it has since fallen to a current reading of 1,546.80.
This is slightly higher than yesterday’s low at $1,538.09, marginally above a support point of 1,535.
The drop in price coincides with the RSI failing to breach its own point of resistance at the 40.00 mark.
price strength is at the 37.46 level, with the 10-day moving average trending downwards.
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- Bitcoin (BTC) retreated below the 27,000 level to start the weekend, after a late surge in price on Friday.
Following a low of 26,686.32 earlier in Friday’s session, BTC/USD peaked at a high of 27,092.70 as the day progressed.
BTC has since slipped, and is currently trading at 26,866.74, it is still higher than yesterday’s bottom.
The consolidation comes as the relative strength index (RSI) continues to hover above a floor at the 45.00 mark.
Whilst now tracking at 46.72, the next target is likely to be at a ceiling of 50.00, and if hit, bitcoin will be back above 27,000.
bitcoin is trading 4% lower than at the same point last week.
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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH update from Crypto Sanders.
Chart Analysis:- ethereum (ETH) remained in the red, following the recent decision by the Ethereum Foundation to trade 1,700 tokens.
After a high of 1,596.97 to start the week, ETH/USD retreated to a low of 1,553.01 late in yesterday’s session.
This saw the cryptocurrency hit a one-month low, prompting bulls to buy the dip, and pushing the price to a current reading of 1,580.44.
it seems that the recent decline has pushed the 10-day (red) moving average close to a downward cross with its 25-day (blue) counterpart.
In the event that this occurs, there will likely be further sell-offs, with ethereum almost certainly falling below 1,500.
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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 below the 28,000 level on Tuesday before last month’s FOMC minutes were released.
BTC/USD peaked at 27,715.85 earlier in the day, less than 24 hours after hitting a low of 27,302.56.
although mid-term momentum appears bullish, bears seem to be looking to hit the 27,000 mark in the short term.
The relative strength index (RSI) of 14 days remains on a downward trend, with a current reading of 54.95.
This comes as price strength attempts to find a floor, following a move away from a resistance level of 60.00.
BTC is trading at 27,518.86, however, volatility will likely increase as we near tomorrow’s economic release.
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SHIB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this SHIB update from Crypto Sanders.
Chart Analysis:-Shiba Inu (SHIB) fell to a multi-month low to start the week, as markets slipped due to growing tensions in the Middle East.
SHIB/USD dropped to an intraday low of 0.000006894 on Monday, less than 24 hours after the price peaked at 0.000007221.
Today’s decline saw the meme coin fall to its weakest point since June 16, the last time the cryptocurrency slipped below a floor at 0.00000690.
The relative strength index (RSI) also dropped below a support point at the 37.00 mark.
price strength is tracking at 34.90, and appears to be moving towards the 30.00 region.
Should it drop below this point, SHIB will enter the oversold zone, which could then prompt bulls to buy the dip potentially.
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SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this SOL update from Crypto Sanders.
Chart Analysis decided to take a break this week and did not make a second attempt to break the resistance at $25. Nevertheless, it still managed to book a 15.6% price increase, making it the best performer on our list.
There is good support at $22, and buyers should return there if the price continues its current correction. Overall, SOL remains in a clear uptrend, and it could try to break the resistance at a later time after this pullback ends.
Solana still has a good opportunity to explore higher levels later in October. The current targets on the chart are $25, $28, and $30.
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XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this XRP update from Crypto Sanders.
Chart Analysis, Ripple, was another notable mover on Monday, falling by over 4% in today’s session.
After reaching a high of 0.5218 on Sunday, XRP/USD plunged to a bottom at 0.4975 earlier in the day
This resulted in the world’s fifth-largest cryptocurrency moving to its weakest point since September 18.
Monday’s move occurred as the RSI retreated towards a support level at the 43.00 mark for the first time in three weeks.
the index is now at a reading of 43.60, with ripple trading at 0.5014, following a three-day losing streak.
In the event that the RSI falls under 43.00, XRP will likely edge below 0.5000 in the upcoming days.
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ADA/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ADA update from Crypto Sanders.
Chart Analysis, Cardano finally managed to move above 25 cents, and the price has been rallying ever since confirming this level as support. This allowed the price to close the week with a 5% increase.
The next resistance on the chart is found at 28 cents. If this momentum is maintained, ADA could reach this later next week. This is a welcomed change in the price action since Cardano has been stuck in a downtrend for the past three months.
ADA has a good opportunity to capitalize on these recent gains and push higher, provided the overall market does not turn bearish.
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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) suffered heavy losses to start the week, with the price falling under the 1,600 zone.
ETH/USD moved to a bottom at 1,590.34 earlier in today’s session, which came a day after peaking at 1,638.90.
it appears that sellers are looking to push the world’s second-largest cryptocurrency to a floor at 1,560, before possibly taking profits.
Ethereum is now trading at a two-week low, with the RSI also hovering around its weakest point since late September.
Price strength is now tracking at 41.65, after recently slipping below a point of support at the 43.00 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) slipped for a second straight session on Monday, with traders retreating from high-risk assets, as tensions in the Middle East escalated.
Following a peak of 27,999.55 on Sunday, BTC/USD dropped to an intraday low of 27,445.89 earlier in the day.
bitcoin has been edging lower since Friday after bulls failed to orchestrate a break out above a ceiling at 28,300.
it now appears that momentum has shifted bearish, with bitcoin heading for a support point at 27,000.
The 14-day relative strength index (RSI) has also been on the decline, moving away from its resistance of 60.00, and is now tracking at 54.35
A target of 45.00 on the RSI will likely need to be hit if bears are to push BTC below the 27,000 level 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) 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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TON/USD 12 HOUR UPDATE BY CRYPTOSANDERS !!hello, welcome to this TON/USD update by CRYPTO SANDERS.
CHART ANALYSIS:- Toncoin (TON) was in the green for a second straight session, moving closer to a key resistance level.
TON/USD jumped nearly 3% higher on Friday, peaking at the 2.15 level at the time of writing.
this is the strongest point TON has hit since the end of September when the price last collided with a ceiling of 2.25.
it appears this occurred as the RSI continued to close in on a ceiling at the 57.00 mark.
With price strength now at a reading of 54.22, the chances are high that a move to 57.00 will result in toncoin trading at 2.25.
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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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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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