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Cryptocurrency Market Nov 15, 2021: Bitcoin and Ethereum Soar as Altcoins Show Positive Signs

Cryptocurrency Market November 15, 2021: Bitcoin price based above $ 63,500 and started a new rally. BTC broke the USD 65,500 resistance and at 04:30 UTC BTC faced a resistance near USD 66,000. A closing price above this level could lead to a steady rise in the short term.

Also, most of the major altcoins are showing positive signs. ETH is gaining traction and could even surpass USD 4,750. XRP is stable above $ 1.20 but is encountering resistance near $ 1.22. ADA could struggle near the $ 2.12 resistance level.

Cryptocurrency Market November 15, 2021

 

 

Cryptocurrency Market November 15, 2021: Bitcoin Price

After the downward correction, Bitcoin price started spiking again above $ 64,000. BTC has accelerated above the $ 65,000 mark and could continue to rise. On the downside, the price is encountering resistance near $ 66,000. The next major resistance is now forming near the $ 66,250 mark, above which price could gain upside momentum. If so, BTC could test the weekly barrier at USD 68,000.

On the flip side, initial support is near the $ 65,500 mark. The next major support is near the $ 65,000 mark, below which a test of $ 64,200 is possible.

 

Cryptocurrency Market November 15, 2021: Ethereum Price

Ethereum price is showing positive signs above $ 4,650. ETH consolidates over $ 4,700. Initial resistance is near the $ 4,750 level. The main hurdle is $ 4,800. A closing price above $ 4,800 is required for new short term gains.

On the flip side, initial support is close to $ 4,650. The top weekly support is at $ 4,550, below which the price can test $ 4,400.

 

Cryptocurrency Market November 15, 2021: ADA, BNB, SOL, SHIB and XRP prices

Cardano (ADA) is consolidating near the $ 2.00 level. It will encounter resistance near the $ 2.05 level. A closing price above $ 2.05 could result in a steady spike in the short term. Otherwise, a drop to the $ 1.92 level is possible.

Binance Coin (BNB) accelerates above the $ 635 resistance level. It’s trading above $ 650, with immediate resistance near the $ 655 level. The next major resistance is near $ 675, above which the price could initiate a steady rally.

Solana (SOL) is rising and trading above $ 240. It will encounter resistance near the $ 245 and $ 250 levels. A closing price above $ 250 could push the price toward $ 265. On the flip side, the main support is at $ 235.

SHIB is consolidating near the $ 0.000525 level. The immediate hurdle is near the $ 0.000535 level above which a test of $ 0.000055 is possible. Conversely, there is a risk of a renewed decline towards USD 0.000050.

The XRP price stayed near the $ 1.20 level. With a steady rise, the price can test the $ 1.22 resistance level. The next major resistance is at $ 1,232, above which a rally to $ 1.25 is possible.

 

Cryptocurrency Market November 15, 2021: Another Altcoin Market

Many altcoins are up more than 5%, including WAXP, CRO, ANKR, LEO, KCS, LRC, LTC, CHZ, MANA, AVAX, and ENJ. Of these, the CRO rose 13% to break $ 0.46.

Overall, Bitcoin price is showing bullish signs above the $ 65,000 mark. If BTC levels off above $ 66,000, a rally to $ 68,000 is likely.

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Important NOTE: All content on the website is for informational purposes only and does not constitute investment advice in any way. Your money, the choice is yours.

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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