Cryptocurrency market September 15, according to cryptonew: Bitcoin price formed a base above $ 45,000 and began rising again. BTC broke the USD 46,000 and USD 46,500 resistance levels. At 04:28 UTC, BTC is trading above USD 47,000 and could correct downward in the short term.
Similarly, most of the major altcoins are showing new bullish signs. ETH was able to climb above the resistance levels of USD 3,380 and USD 3,400. XRP is still struggling to gain momentum above $ 1.10. ADA is consolidating near the $ 2.40 level.
After the Bitcoin price formed a base near $ 45,000, it rose steadily. BTC broke the USD 46,000 resistance and turned positive. It even climbed above the $ 47,000 and $ 47,200 resistance levels. On the flip side, the immediate resistance is at $ 47,500. The next big resistance is near the $ 48,000 mark, above which price could gain momentum.
On the flip side, initial support is near the $ 46,800 mark. The first big support could be at $ 46,500, below which the price could drop back to $ 46,000.
Ethereum price also started a steady rise above the $ 3,350 level. ETH broke the $ 3,380 and $ 3,400 resistance levels. It rose to $ 3,450 where it faced sellers. If there is a significant break above the $ 3,450 mark, the price may continue to rise towards the $ 3,500 mark.
If there is a downward correction, the price could find bids near the $ 3,365 level. The next major support appears to be forming near $ 3,320.
Cardano (ADA) is struggling to make new profits above $ 2.45. The first major resistance is near the $ 2.50 mark. The next major pivot level is at $ 2.55, above which the price can rise to $ 2.65 in the short term. Otherwise, it may go back to $ 2.25.
Litecoin (LTC) was able to level off above $ 180. Immediate resistance is near the $ 185 level. The main resistance is at $ 188, above which a pullback to $ 200 is possible. On the flip side, the bulls could stay active near the $ 172 mark.
Dogecoin (DOGE) is trying to rebound above the USD 0.240 level. The first major hurdle is at $ 0.250. A closing price above $ 0.250 can rally towards $ 0.265. The next major resistance is at $ 0.280.
XRP price is consolidating above the USD 1.05 support. It looks like the price is preparing to break above the $ 1.10 level. If the price breaks the USD 1.12 resistance, a steady move towards USD 1.20 is possible.
Many altcoins are up more than 10%, including HBAR, CRV, XEC, AAVE, SUSHI, IOST, PERP, COMP, SNX, UNI, THETA, LINK, ICX and RUNE. Of these, HBAR rebounded more than 26%, breaking the $ 0.50 mark. Meanwhile, LINK reached USD 30 while UNI exceeded USD 25.
Overall, Bitcoin price is trading in a positive zone above $ 47,000. If BTC stays stable above $ 46,000, it can climb to $ 48,000 or even $ 48,500.
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Important NOTE: All content on the website is for informational purposes only and does not constitute investment advice. Your money, the choice is yours.
London, united kingdom, 22nd November 2024, Chainwire
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