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Cryptocurrency Market Overview - 24 Sep 2021

Source: Wisebitcoin 2021-09-24

 

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  BTCUSD

TECHNICAL VIEW 

 

 

Update: The pair is almost there! Will be reaching the level of 45000 very soon as long as it is above 42000.
Main: The chart above shows that the pair is trading above 42500. Therefore, we are bullish as long as the pair is trading above it with targets: 45000 followed by 49000. On the other hand, if the level of 42500 is broken, the pair might continue going downwards to reach 40000.

 

Important Support and Resistance levels

Resistance Levels Support Levels
50000.00 42500.00
49000.00 42000.00
45000.00 40000.00

Recommended:

We are bullish as long as the pair is trading above 42500.

 

 

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  ETHUSDT

TECHNICAL VIEW 

 

 

Update: The pair broke through the level of 3140. Therefore, it might continue going upwards to reach 3300.
Main: The chart above shows that the pair is trading above a strong support level that is 2890. Therefore, we are bullish as long as the pair is trading above it with targets: 3250 followed by 3500. On the other hand, if the level of 2890 is broken, the pair might go downwards to reach 2700 followed by 2500.

 

Important Support and Resistance levels

Resistance Levels Support Levels
3600.00 2890.00
3500.00 2700.00
3250.00 2500.00

Recommended:

We are bullish as long as the pair is trading above 2890.

 

 

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  XRPUSDT    

TECHNICAL VIEW 

 

 

Update: We remain bullish as long as the pair is trading above the strong support level that is 0.8400. Therefore, we are bullish with targets: 1.0000 followed by 1.1250.
Main: As could be seen on the chart above that the pair is trading below a strong resistance level that is 1.0000. Therefore, we are bearish as long as the pair is trading below it with targets: 0.8500. On the other hand, if the level of 1.0000 is broken, the pair might continue going upwards to reach 0.8000 followed by 0.7750.

 

Important Support and Resistance levels

Resistance Levels Support Levels
1.2500 0.8500
1.1360 0.8000
1.0000 0.7750

Recommended:

We are bearish as long as the pair is trading below 1.000.