BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) was trading below the 27,000 level on Monday, as crypto market volatility remained high to start the week.
Following a high of 27,407.02 on Sunday, BTC/USD slipped to an intraday low of 26,712.73 earlier in today’s session.
the relative strength index (RSI) fell below a recent support point at the 47.00 level.
The index is now tracking at 44.43, which is marginally above an upcoming floor at the 43.00 mark.
Should bears retreat to this point, there is a strong possibility that BTC could collide with a floor of its own at 26,300.
there is still some optimism from bulls that a recent upwards cross of moving averages could point to an upcoming shift in momentum.
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ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- ethereum (ETH) also moved higher in today’s session, climbing closer to the 1,900 level in the process.
ETH/USD jumped to an intraday high at 1,896.62 earlier in the day, less than 24 hours after hitting a low of 1,851.96.
Friday’s rally saw the world’s second-largest cryptocurrency end a two-day downturn, following a bounce from a floor of 1,830 on Thursday.
a bounce on the RSI also took place, with price strength jumping from support at 51.00.
The next visible point of resistance now appears to be at 59.00, and should ETH reach this point, the price will be closer to $1,930.
ethereum is trading at 1,903.49.
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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin (BTC) snapped a four-day losing streak on Friday, after it was reported that the U.S. Senate had passed the bill to increase the debt ceiling.
This comes ahead of Monday’s deadline, which could have resulted in the government running out of cash, had the bill not been approved.
BTC/USD raced to a peak of 27,203.32, which comes a day after dropping to a bottom at 26,574.64.
it appears that this move took place after bears were unable to break a long-term floor at 26,500, prompting bulls to reenter the market.
the relative strength index (RSI) moved above a floor of its own at 46.00, and is currently tracking at 48.12.
The next test to see if bitcoin can sustain this momentum will come at the 27,500 ceiling. If passed, there is a good chance that price will be above 28,000 this weekend.
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SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS Hello, welcome to this SOL/USDT 1 DAY chart update by CRYPTOSANDERS.
CHART ANALYSIS:- Solana (SOL) also climbed higher in today’s session, with prices colliding with a key resistance level in the process.
Following a low of 20.38 on Thursday, SOL/USD surged to a peak at 21.30 earlier in the day.
Since hitting the aforementioned ceiling at 21.30, momentum has somewhat weakened, due to bulls securing earlier gains.
Another reason for this is that the RSI is close to a resistance level of its own at 55.00, leading traders to act more tentatively.
The index is currently tracking at 53.64, and should it eventually cross the hard line at 55.00, bullish pressure will likely increase.
Some may expect this to happen over the weekend, as traders continue to digest today’s economic data.
This is not a piece of financial advice.
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ADA/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ADA/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Cardano (ADA) was one of Friday’s notable gainers, as the token snapped a key resistance level.
ADA/USD rose by as much as 3% in today’s session, hitting an intraday high of 0.3777 as a result.
This rally resulted in the 10-day (red) moving average crossing over its 25-day (blue) counterpart.
Typically such an upwards crossover signals the start of a bull run, and it comes as the relative strength index (RSI) also rose considerably.
the index is tracking at 50.91, which is marginally below a resistance level of 52.00.
In the event this ceiling is broken, there is a strong chance that ADA will move toward the 0.3800 mark.
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BTC/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) moved below the 27,000 level in today’s session, ahead of Friday’s non-farm payrolls report.
It is expected that the number of jobs added to the U.S. economy will come in at 190,000, less than the 253,000 sum the month prior.
BTC/USD fell to a low of 26,671.72 earlier in the day, which comes following a peak at 27,346.11 the day before.
this latest decline occurred as a result of the relative strength index (RSI) falling below a floor of 46.00.
the index is now tracking at 44.58, with a support point of 43.00 as a possible target.
Should this level be hit, there is a strong possibility that BTC will hit a floor of its own around 26,300.
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ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) was marginally lower today, however, it managed to remain above the 1,800 level.
Following a high of 1,887.71 on Thursday, ETH/USD declined to an intraday bottom at 1,846.23 earlier in the day.
The move saw ethereum edge towards a key price floor at 1,830, however, bulls have so far resisted this collision.
ETH has now fallen for a fourth straight day, with the catalyst being a failed break out of a ceiling at 1,930.
the RSI is now at a reading of 51.54, after failing to move past its own resistance at 59.00.
ETH has rebounded from its previous low and is now trading at 1,862.93.
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MATIC/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this MATIC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Polygon (MATIC) Polygon (MATIC) snapped a three-day losing streak on Thursday, following a crossover of moving averages (MA).
The 10-day (red) MA crossed its 25-day (blue) counterpart in today’s session, sending the price to a peak of 0.8974.
This comes following Wednesday’s low at 0.8787, which saw MATIC hit its weakest point since May 25.
market volatility in polygon remains significantly high, with earlier gains almost fading.
MATIC is trading at 0.8934, with the RSI at a reading of 46.03, which is close to a ceiling of 48.00.
Should this aforementioned point of resistance be broken, bulls could force a move toward 0.9000.
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LTC/USDT 1DAY UPDATE BY CRYPTO SANDERS Welcome to this quick LTC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for Analysis:-Litecoin (LTC) was one of Thursday’s notable gainers, as prices moved past a key resistance level.
Following a low of 88.35 on Thursday, LTC/USD rose to an intraday peak at 94.21 earlier in the day.
Litecoin broke out of its recent ceiling at 93.00, hitting a two-week high in the process.
it appears that Thursday’s surge came as the 14-day relative strength index (RSI) broke out of a ceiling at 58.00.
Since the breakout, the index has continued to climb, and as of writing this is currently tracking at 59.76.
In the event momentum continues in this direction, there is a strong chance that LTC will move above 95.00.
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ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) dropped below 1,900 in today’s session, as bulls retreated from a recent multi-week high.
ETH/USD sunk to a bottom at 1,860.37 earlier in today’s session, which comes after a peak of 1,914.85 the day prior.
the shift in momentum has led to ethereum moving away from a recent high of 1,928, which was the strongest point price had hit since May 8. Failure to move past a resistance level of 1,930 can be partially blamed for the change in direction.
bears now seem to be set on taking the price to a support point at 1,830, with the RSI hunting for a floor of its own.
The index is now tracking at 52.60, with the next visible floor potentially at 49.00.
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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) neared a breakout below 27,000 on Wednesday, as markets reacted to the latest data surrounding consumer confidence in the United States.
Following a high of 28,037.69 on Tuesday, BTC/USD slipped to an intraday low of 27,009.69 earlier in the day.
The downturn comes as momentum in the market has slightly shifted, with the global crypto market cap falling by 2.59% as of writing.
today’s decline in BTC comes despite an upcoming crossover between the 10-day (red) and 25-day (blue) moving averages.
it appears that a failed breakout of a ceiling at 53.00 on the relative strength index (RSI) played a significant role in this.
The index is now tracking close to a floor at 46.00, with a current reading of 47.10, and should this hold, a reversal is still possible.
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ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) was relatively more stable during today's session, remaining above 1,900 for the majority of the day.
Following a low of 1,879.08 on Tuesday, ETH/USD raced to an intraday high of 1,916.57, as the session matured.
this move saw ethereum continue to track close to its strongest point since May 8.
An upward crossover of the 10-day (red) and 25-day (blue) moving averages has already occurred, which could likely entice further bulls to reenter the market.
In the event this happens, a ceiling at 1,930 will be one of the last points of resistance preventing a move above 2,000
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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) jumped back above 28,000 on Tuesday, with a possible death cross signaling upcoming bullish momentum.
BTC/USD hit a peak of 28,044.76 today, following a low of 27,563.88 earlier in the session.
Today's move led to Bitcoin remaining close to a three-week high at 28,473, which was marginally below a ceiling of 28,500.
Tuesday's rebound comes as the relative strength index (RSI) remained above a floor of 53.00.
the index is now tracking at 54.29, with a ceiling of 57.00 still a possible target for current bulls.
As the session has progressed, earlier gains have slipped somewhat, as market uncertainty remains high.
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LTC/USDT 1DAY UPDATE BY CRYPTO SANDERS Welcome to this quick LTC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for Analysis:-Welcome to this quick LTC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for Analysis:-Litecoin (LTC) also moved higher in today’s session, with price climbing by as much as 7%.
Following a low of 81.75 on Sunday, LTC/USD raced to an intraday high of 87.54 earlier in the day.
This jump resulted in the token reaching its highest point since March 6, which is the last time LTC was trading close to the 90.00 mark.
a breakout of the RSI has also occurred here, with a ceiling at 51.00 being broken.
price strength is now at the 54.15 mark, with the next visible point of resistance being 58.00.
There is a strong possibility that litcoin could move above 90.00 in the coming days.
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BNB/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this BNB/USDT 1DAY chart update by CRYPTOSANDERS.
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CHART ANALYSIS:-BNB, or Binance coin, was also in the green to start the week, with prices moving to a multi-week high in the process.
Following a bottom at 307.53 on Sunday, BNB/USD rose to an intraday peak of 316.83 earlier today.
This surge saw BNB hit its highest level since May 9, when the token was trading above 320.00.
BNB is now trading 2% higher than at the same point last week, with today’s rally sending the RSI to its strongest reading since May 1.
In addition to this, the 10-day (red) moving average (MA) is also moving towards an upwards crossover with the 25-day (blue) MA.
Should this cross take place, there is a good chance that BNB will move towards a long-term ceiling at the 340.00 mark.
This is not a piece of financial advice.
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ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- ethereum (ETH) also increased on Monday, climbing above the 1,900 level.
ETH/USD jumped to an intraday high of $1,926.42 earlier in the day, following a low of $1,839.13 the day prior.
This surge led to the world’s second-largest cryptocurrency hitting a three-week high.
today’s surge came as the 10-day (red) moving average crossed over its 25-day (blue) counterpart.
If this trend continues, there is a strong chance that ethereum could move closer to $2,000 in the upcoming week.
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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) started the week climbing above 28,000 as crypto markets reacted to an apparent agreement to raise the US debt limit.
After hitting a low of 27,125.53 on Sunday, BTC/USD rose to a high of 28,432.04 in today's session.
bitcoin moved to its highest point since May 8, when the price reached a high of 28,676.
it appears that the latest move happened once the Relative Strength Index (RSI) broke above the ceiling at 53.00.
Price strength has climbed since then, and the index is currently tracking at 54.92 with the next point of resistance at 57.00.
Should this momentum continue, there is a good chance that BTC will move above the 29,000 mark.
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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) rallied towards 27,000 to start the weekend, as prices reacted to the latest Personal Consumption data in the United States.
BTC/USD climbed to a peak of 26,916.67 earlier in today’s session, which came a day after trading at a low of 26,370.55.
The move sees Bitcoin climb for a third straight session, moving past a floor at 26,3000 in the process.
the latest surge in price came as the 14-day relative strength index (RSI) bounced from a support point of 39.00.
the index is now tracking at 43.02, with the next visible point of resistance at 45.00.
Should this point be broken, then there is a strong possibility that BTC will move back over the 27,000 level.
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ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- ethereum (ETH) also moved higher on Saturday, remaining above the 1,800 level.
Following a low of 1,810.37 on Friday, ETH/USD managed to hit an intraday high of 1,837.87 earlier in the day.
This surge led to the world’s second-largest cryptocurrency breaking out of its recent ceiling of 1,830.
as the day has progressed, earlier gains have somewhat fallen, with ETH now trading at 1,828.18.
It appears that market uncertainty has also risen, as the RSI neared a ceiling of its own at the 49.00 mark.
Price strength is now tracking at 48.75, and should it break out of this point, then there could be further highs from ETH this weekend.
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TOTAL MARKET CAP ANALYSIS!!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys.
TOTAL MARKET CAP ANALYSIS UPDATE:-The total market cap is moving in a long symmetrical triangle. Currently, it has bounced off its trendline support. The RSI is in the oversold region and is showing a bullish divergence.
A bounce off the trendline support and a solid breakout of the descending trendline will confirm a strong upward move. In case of a sustained breakdown of the ascending trendline, the market is expected to decline.
The MACD crossover is showing a contraction phase. A solid breakout of the symmetrical triangle will confirm the extension movement in the market.
The total market cap is above the ascending trendline support and trading inside the Ichimoku cloud. Volume is very low and the price is in the contraction phase.
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XRP/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this XRP/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- XRP (formerly Ripple), moved to a one-month high on Saturday, as bulls began to gradually renter the market.
Following a low of 0.4614 on Friday, XRP/USD raced to a peak of 0.4777 earlier in the day.
As a result of the surge, the token climbed to its highest level since April 30, when it was last above 0.4800.
the move came as XRP bulls broke out of a key resistance level at the 0.4750
This occurred as the relative strength index (RSI) also moved beyond a ceiling at the 57.00 mark.
the index is now at a reading of 58.18, with the next target for bulls potentially at 62.00.
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ADA/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ADA/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Cardano (ADA), was also in the green to start the weekend, with prices moving further away from a recent support level.
ADA/USD hit an intraday high of 0.3667 earlier in today’s session, which comes following a low of 0.3564 on Friday.
The move has resulted in Cardano climbing to its strongest point since Wednesday, moving away from the aforementioned floor at 0.3550 in the process.
ADA has begun to consolidate, with the price now retreating from its earlier highs, following a collision with a ceiling on the RSI.
Price strength has failed to move past a point of resistance of 44.00 which has pushed the token to a current reading of 0.3638.
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ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) also declined for the second session in a row, falling below the 1,800 level in the process.
After hitting a high of 1,817.97 ETH/USD reached a low of 1,763.37 today.
The move dropped Ethereum from its own support point at 1,790, hitting a two-week low in the process.
the earlier decline has eased somewhat, as the floor at 43.00 on the RSI has helped stop the bleeding.
Despite the decline, the 10-day (red), and 25-day (blue) moving averages are now nearing a crossover, which could signal a price reversal.
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