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XRP/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this XRP/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- XRP is in red and has closed the past seven days with a 1.5% loss. The price appears on its way to test the key support at 43 cents. This would be the second time XRP tests this support, and could turn out to be a bearish move if buyers don’t return. The key resistance is quite some distance away at 48 cents. The momentum indicators, such as the MACD and RSI, are also bearish, with the RSI falling under 50 points. XRP’s failure to sustain its price above 50 cents in April was a bearish signal, and the market did not hesitate to react. Looking ahead, bears appear to have the upper hand right now, and a break of the key support could see this cryptocurrency go to 40 cents next. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
3
ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS. CHART ANALYSIS:-Ethereum Analyzing the daily chart, the price previously formed a higher pattern before experiencing a significant decline. The 50-day moving average at $1.8K acted as a support level, casting a significant shadow on the daily charts and substantial volatility on the lower time frames. Currently, ETH is confined within a narrow dynamic range between the 50-day EMA, which is currently at $1931, and the key resistance area at $2K. If the price manages to overcome the $2K resistance and surpass its previous high at $2.1K, it could potentially trigger an extended rally. Conversely, if there is a break below the 50-day EMA, the 100-day moving average at $1.7K will become a primary support level. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin After finding support at the 50-day moving average of around the price started a steady increase, aiming to cross the $30K area for the second time. However, bitcoin failed to overcome this important resistance area, resulting in a slight decline. Nevertheless, BTC price is currently consolidating within a tight range of the 50-day moving average at $28K and $30K. A breakout beyond the $30K area would significantly impact market sentiment, as it is a key psychological resistance. Conversely, a drop below the 50-day moving average could result in volatility and consolidation in the lower price ranges. 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 ETHEREUM /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Ethereum (ETH) also made a comeback on Hump Day as the bulls started re-entering the market. ETH/USD reached a peak of 1,879.76 on Wednesday, having dropped below nearly 1,800 the day before. This move allowed Ethereum bulls to briefly propel the price above the 1,875 ceiling before retreating as the session matured. Earlier gains were pared down as price strength was unable to overcome a key point of resistance at 48.00, with the index now tracking at 46.99. Despite this, there is still some optimism that Ethereum could move above 2000 later today, ETH is trading at 1,900. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:ETHUSD
by CryptoSanders9563
6
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) rebounded on Wednesday as all attention in the market turned to today's Federal Reserve rate decision. After a low of 27,935.73 on Tuesday, BTC/USD rose to a high of 28,881.30 earlier in the day. This came after Bitcoin rejected a breakout below its long-term floor at 27,600 to start the week. Overall, momentum is little changed, as the 10-day (red) moving average has moved closer to its 25-day (blue) counterpart. Should this crossover to the upside occur, it could be a sign that the bulls need to increase the pressure, potentially taking BTC above 30,000. For this to happen, the Relative Strength Index (RSI) must first cross the ceiling of the 52.00 mark. 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 ETHEREUM /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Ethereum (ETH) After hitting a high of 1,851.19 to start the week, ETH/USD fell to a low of 1,809.19 at the start of the day. Yesterday's decline saw the world's second-largest cryptocurrency down from its long-term price bottom at 1,830. ETH has rebounded from this floor, as the sentiment remained relatively stable despite the earlier decline. This happened despite the RSI trading under its own support point at 45.00 with a current reading of 44.30. More moves could follow after the Fed's decision, with a possible move above 1,900 still on the cards. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:ETHUSD
by CryptoSanders9563
2
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) fell below 28,000 on Tuesday as markets prepared for the upcoming Federal Open Market Committee (FOMC) decision. BTC/USD slipped to a low of 27,680.79 earlier in today's session, which came less than 24 hours after trading as high as 28,626.28. Bitcoin tumbled to its recent low of around 27,600, hitting a six-day low in the process. The decline comes when the Relative Strength Index (RSI) broke below a floor of its own at 50.00. Tracking at 46.17, the next visible support point is at 43.00. Bitcoin has since moved back above 28,000 and is currently trading at 28,525.91. 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
SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS Hello, welcome to this SOL/USDT 1 DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this CHART ANALYSIS: Solana (SOL) was another notable mover on Monday, as the token fell for a third consecutive day. Following a high of 23.93 on Sunday, SOL/USD slipped to a bottom of 22.05 earlier in the day. This bearish spell started after bulls were unable to force a breakout beyond a ceiling at the 24.00 mark. One of the catalysts for this was the RSI, which also failed to surge past a key resistance level at 55.00 As of writing, price strength is tracking at 48.58, with the next visible floor at the 45.00 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.....
by CryptoSanders9563
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 down for a second straight session on Monday, as markets prepared for the upcoming United States Federal Reserve policy decision. LTC/USD dropped to a low of 86.83 earlier in today’s session, which comes 24 hours after trading at a high of 91.39. Today’s drop in price has pushed litecoin to its weakest point since last Wednesday when the token was at a low of 84.21. Looking at the chart, Monday’s move came as the relative strength index (RSI) fell to a support level of 44.00. At the time of writing, the index is tracking at 44.80, with an upcoming ceiling of 50.00 a potential target for bulls. Should this point be hit, there is a strong possibility that LTC will move back above the 90.00 mark. 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 ETHEREUM /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Ethereum (ETH) was also in the red, as prices plunged for a second consecutive session. ETH/USD dropped to a bottom at 1,829.41 earlier in the day, less than 24 hours after trading at a peak of 1,938.42. Similar to BTC, today’s slippage sent ethereum below its own point of support at the 1,830 level. ETH has since rebounded from this floor, as bulls opted to buy the dip, rather than continuing to flee positions. This was helped by the fact that the RSI here also collided with a support zone at 45.00, and it continues to track beyond this point. Bulls will likely be targeting re-entry above 1,900 in the upcoming days. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:ETHUSD
by CryptoSanders9563
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) continued to trade lower on Monday, as markets consolidated ahead of a pivotal week of economic events. Following a high of 29,952.03 on Sunday, BTC/USD slipped to an intraday low of 28,360.50 earlier today. This move saw Bitcoin briefly fall below a critical support point at 28,500, hitting its lowest point since April 27. Overall, bitcoin remains nearly 4% higher than at the same point last week, when prices were close to the 27,000 mark. As a result of today’s sell-off, the relative strength index (RSI) has dropped to a floor of its own at 50.00. The index is now tracking at 50.09, with BTC rebounding from its earlier low, and currently trading at 28,591.66. 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.
BITSTAMP:BTCUSD
by CryptoSanders9563
USDT.DOMINANCE UPDATE Hello, welcome to this usdt.dominance update by CRYPTO SANDERS. CHART ANALYSIS;-USDT.DOMINANCE It got rejected by the horizontal resistance of the rectangular channel. Currently, it is forming above the mid-range, where the MA 100 is also acting as a support. Now it will break the mid-range from here or after retesting the Ichimoku cloud, and this will be a bullish signal for the market as it moves in the opposite direction. Hit the like button if you like it and share your charts in the comments section. Thank you
CRYPTOCAP:USDT.D
by CryptoSanders9563
4
ADA/USDT 1DAY UPDATEHello, welcome to this ADA/USDT update by CRYPTO SANDERS. CHART ANALYSIS:-Cardano managed to hold onto a price above 40 cents, despite the most recent correction that saw it test the support at 38 cents. This also allowed ADA to book a minor increase in the price of 1.4% this week. The biggest challenge for ADA is to move above 40 cents which is the key resistance at this time. If the overall market remains bullish, then this cryptocurrency could explore higher levels. Looking ahead, Cardano is found in an uptrend, and so far, buyers have the upper hand. As long as they can defend the support at 38 cents, the price has a good chance to move higher over time. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2
XRP/USDT 3DAY UPDATE BY CRYPTO SANDERSHello, welcome to this XRP/USD update by CRYPTO SANDERS. CHART ANALYSIS XRP:-XRP has successfully tested the support at 44 cents, and the price closed in green every daily candle since then. At the time of this post, the price is found at a similar level to last week. For this reason, buyers will have to show more strength to book a profit. The key resistance is at 53 cents, and this cryptocurrency was rejected twice at this price level in March and April. Nevertheless, the more a level is tested, the more likely it is to break. Should buyers manage to bring the price back to this key level, then a breakout could take place. Looking ahead, XRP remains bullish so long as the support at 44 cents holds. With the MACD curving up on the daily timeframe, it would seem that buyers are eager to see the price move higher. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
BTC/USDT 3DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Ethereum (ETH) Ethereum is determined to not give up and has found good support at 1,800. Despite this show of force from buyers, ETH still lost 1.8% of its valuation this past week. The current target and key resistance are at 2,000, which is a psychological level where the price was rejected in the past. Therefore, if buyers are successful in pushing this cryptocurrency higher, then they will likely face stiff resistance at that level Looking ahead, Ethereum has managed to maintain its uptrend by making a higher high and a higher low. Market participants should only get concerned if the key support at 1,800 is lost. Unless that happens, ETH has a good chance to test the key resistance at 2,000. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
BTC/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) After the uptrend, bitcoin reached the crucial $30K resistance level and failed to sustain above. However, after a short-term correction phase that resulted in a 14% drop, bitcoin found support at the 50-day EMA at $27.3K. This has prompted another uptrend, which provides a positive signal for the overall outlook of the cryptocurrency, indicating that the bulls are in control. However, BTC is currently facing an important and decisive resistance level at the $30K price area and it is attempting to break out of it. If successful, it could start a strong bullish rally towards the $40K price channel. On the other hand, if the price fails to overcome this crucial level, a double-top pattern will form, potentially leading to another bearish leg. 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 ETHEREUM /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Ethereum (ETH) was in the green as prices snapped a three-day losing streak. After a low of 1,805.32 on Tuesday, ETH/USD rose to a peak of 1,919.72 at the start of the day. As a result of this move, Ethereum has reached a five-day high, with the price now hovering around the 1,915 resistance. The last time ETH bulls broke this ceiling was on April 13, and on this occasion, the price soared to an 11-month high above 2,100. For something similar to happen in this round, the RSI would need to clear a barrier at the 53.00 level. At the time of writing, the index is tracking at 51.64. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:ETHUSD
by CryptoSanders9563
6
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) There was a strong rebound on Wednesday, as markets reacted to the news that deposits at First Republic Bank fell by 100 billion last month. BTC/USD rose to a peak of 29,121.97 earlier in today's session, following a low of 27,217.17 the day before. This move has pushed Bitcoin to its highest point in the past seven days when it was trading above 30,000. Overall, prices turned bullish as bulls rejected a breakout below long-term support near 27,000 on Tuesday. The Relative Strength Index (RSI) also bounced off its own floor at 44.00 and is now tracking at 54.09. The ceiling of 55.00 could act as a checkpoint for the bulls, and if they go beyond it, there is a strong possibility that BTC could climb to 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
SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS Hello, welcome to this SOL/USDT 1 DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this CHART ANALYSIS: was another notable mover on Wednesday, as the token was also nearly 9% higher. SOL/USD rose to a peak of 22.92 earlier in the day, after almost breaking out of a floor at 20.00 the day prior. As a result of today’s gains, Solana is now on the cusp of colliding with its long-term ceiling at 23.00. Although the RSI has risen above a ceiling at 50.00 in today’s session, it will need to move beyond the 55.00 mark in order to reach the above target. As of writing, price strength is tracking at 52.97, with Solana now trading at the 22.71 mark. 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
by CryptoSanders9563
ADA/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ADA /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:- Cardano (ADA) rose by as much as 9% on Wednesday, as bullish sentiment returned to cryptocurrency markets. Following a low of 0.38 on Tuesday, ADA/USD raced to an intraday high of 0.4166 earlier in today’s session. Today’s surge in price saw Cardano climb to its highest point in six days since the token was trading above a ceiling at 0.4200. Looking at the chart, Wednesday’s move came as the relative strength index (RSI) broke free of a resistance level at 53.00. At the time of writing, the index is now tracking at 55.12, with an upcoming ceiling of 58.00 a potential target for bulls. Should this point be hit, it is possible that ADA will move back above its point above resistance. 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
by CryptoSanders9563
1
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Ethereum (ETH) also started the week in the red, with prices hovering close to a key point of support. Following a high of 1,888.19 on Sunday, ETH/USD slipped to an intraday low of 1,831.16 earlier in today’s session. As a result of this move, ethereum fell close to its long-term price floor at 1,830, however, bulls have so far rejected a breakout. One of the reasons that a break has yet to occur seems to be due to the RSI, which continues to trend above support at 44.00 Price strength is now tracking at 45.58, with a ceiling at 52.00 a potential target for bulls hopeful of recapturing the 1,900 mark. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:ETHUSD
by CryptoSanders9563
3
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) is on the brink of registering a downward crossover of its 10-day (red) and 25-day (blue) moving averages. A recent downtrend, which today pushed BTC/USD to an intraday low of 27,192.03, has also led to an overall shift in market momentum. This latest low in Bitcoin comes less than a day after the world’s largest cryptocurrency traded at a high of 27,979.98. Overall, BTC is trading over 7% lower than at the same point last week, when the price was above 30,000. In addition to the potential crossover of moving averages, the 14-day relative strength index (RSI) continues to hover close to a floor at 42.00. At the time of writing, the index is tracking at 44.11, with BTC trading at 27,550.00. 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.
BITSTAMP:BTCUSD
by CryptoSanders9563
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Ethereum (ETH) continued to trend lower on Saturday, as the world’s second-largest cryptocurrency dropped below 1,900. Following a high of 1,926.30 on Friday, ETH/USD fell to an intraday low at 1,827.79 earlier in the day. As a result of this move, ethereum started the weekend by declining to its weakest level since April 9. Today’s price slippage also resulted in ETH briefly breaking out of an interim support point at 1,830. Bulls swiftly reentered the market seemingly buying the dip, and this has resulted in ethereum now trading at 1,848.66. Although there is likely to be further declines in the coming days, once this current red wave passes, there may be a significant reversal. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:ETHUSD
by CryptoSanders9563
3