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Cryptocurrencies Price Analysis: BNB, SOL, DOT, MATIC, SHIB
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Watch the long version of this video via the link: https://youtu.be/exEIrZQvcfE
Cryptocurrencies Price Analysis BTC, ETH, XRP, ADA, DOGE: https://youtu.be/gGOQhAFZOD0
Could Ethereum Reach $5,000: https://youtu.be/3Fx2Gvsd2yQ
Where to Invest $500 Right Now?: https://youtu.be/tLfOrjkRcaI
Top 5 Altcoins to Buy in September 2022: https://youtu.be/Nok-pGLTLHg
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We will try to answer these questions in this video:
- What is the price prediction for Shiba inu?
- What is the Binance coin price prediction?
- What is the best altcoin to buy?
- What is the Solana price analysis?
- What is the matic price prediction?
- What is the polygon price prediction?
- What is the price analysis for polkadot?
- What is the best investment?
- what is the best currency to buy?
Cryptocurrencies Price Analysis: BNB, SOL, DOT, MATIC, SHIB
BNB/USDT
C) For the past several days, BNB has been consolidating between the $258 and $300 levels. The bulls are now attempting to raise the price above the moving averages. If they are successful, the BNB/USDT pair could try a rally to the resistance of the range at $300. This level is probably going to be vigorously defended by the bears. A solid rejection at this level will suggest that the pair might remain stuck inside the range for some time.
D) The bears will have to push the price down to below $258 to gain the upper hand. If they are successful, the pair could drop to the next support at $216.
SOL/USDT
E) Solana has dropped and closed below the $30 support, but the bears were unable to capitalize on this weakness. This indicates that selling stops at lower levels. Later, buyers raised the price above the breakdown level of $30 and are now trying to extend the recovery to the downtrend line. At this level, the bears are expected to mount a strong defense.
F) If the price reverses from the downtrend line, the SOL/USDT pair can fall to $29.42. If this level is broken, the pair may drop as low as $27.87.
DOT/USDT
G) The failure of the bears to keep Polkadot below $6 began a recovery that has hit the 20-day EMA, which is $6.29. Bulls and bears will probably engage in a tough battle on this level. If bulls prevail, the DOT/USDT pair can pick up momentum and surge toward the upper resistance at the 50-day simple moving average, which is $6.69. This level can once more attract strong selling by the bears. If the price reverses from this resistance, the pair can linger inside the $6-to-$6.64 range for a while.
MATIC/USDT
I) After some failed attempts over the past several days, the bulls have eventually managed to raise Polygon above the downtrend line. This is actually the first sign of a significant trend change. The MATIC/USDT pair might first climb to $0.86, and if this level is crossed, the relief rally could then hit $0.94. While the flattish moving averages indicate a balance between supply and demand, the Relative Strength Index (RSI) in the positive territory means that the momentum can be shifting in favor of the bulls.
SHIB/USDT
K) Shiba Inu is making an effort to bounce off the support level at $0.000010, but the recovery is relatively weak. This means that investors are not rushing to buy at the current levels. Both moving averages are sliding downward, and the RSI is in negative territory, suggesting an advantage to sellers. If the price reverses from the existing level or the moving averages, the sellers will attempt again to push the SHIB/USDT pair below $0.000010.
#millionairesclub #millionaires_club #millionairesclub_channel #shib #dot #sol #bnb #matic #shiba_inu #polkadot #solana #binance_coin #polygon #altcoin
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