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Cryptocurrency Market Overview - 30 Sep 2021

Source: Wisebitcoin 2021-09-30

 

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  BTCUSD

TECHNICAL VIEW 

 

 

Update: Some bullishness is expected during the day that the pair might reach 44000. On the other hand, breaking the low of yesterday would open the door for further downward movements towards  39800. 
Main: The chart above shows that the pair is trading below 45070. Therefore, we are bearish as long as the pair is trading below it with targets: 41000 followed by 39800. On the other hand, if the level of 45070 is broken, the pair might continue going upwards to reach 47000.

 

Important Support and Resistance levels

Resistance Levels Support Levels
49000.00 41000.00
47000.00 39800.00
45070.00 37350.00

Recommended:

We are bearish as long as the pair is trading below 45070.

 

 

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  ETHUSDT

TECHNICAL VIEW 

 

 

Update: The pair is almost forming the same scenario just like the BTC. Bullishness above the low of yesterday towards 3000. Breaking the low of yesterday would open the door for the pair to reach 2700.

Main: The chart above shows that the pair is trading below a strong resistance level that is 3200. Therefore, we are bearish as long as the pair is trading below it with targets: 2700 followed by 2500. On the other hand, if the level of 3200 is broken, the pair might go upwards to reach 3400 followed by 3700.
 

Important Support and Resistance levels

Resistance Levels Support Levels
3700.00 2700.00
3400.00 2500.00
3200.00 2446.00

Recommended:

We are bearish as long as the pair is trading below 3200.

 

 

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  XRPUSDT    

TECHNICAL VIEW 

 

 

Update: The pair has formed a reversal candle which might give us some bullishness as long as it is above the low of yesterday that it might reach 0.9800. 
Main: As could be seen on the chart above that the pair is trading above a strong support level that is 0.8590. Therefore, we are bullish as long as the pair is trading above it with targets: 1.0000 followed by 1.1000. On the other hand, if the level of 0.8590 is broken, the pair might continue going downwards to reach 0.8000 followed by 0.7700.

 

Important Support and Resistance levels

Resistance Levels Support Levels
1.2500 0.8590
1.1360 0.8000
1.0000 0.7750

Recommended:

We are bullish as long as the pair is trading above 0.8590.