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Cryptocurrency Market Overview - 30 Nov 2021

Source: Wisebitcoin 2021-11-30

 

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  BTCUSD

TECHNICAL VIEW 

 

 

Main: As could be seen on the chart above that the pair is trading above 52800. Therefore, we are bullish as long as the pair is trading above it with targets: 60000 followed by 62000. On the other hand, if the level of 52800 is broken, the pair might continue going downwards to reach 50000.

 

Important Support and Resistance levels

Resistance Levels Support Levels
66000.00 52800.00
62000.00 50000.00
60000.00 48000.00

Recommended:

We are bullish as long as the pair is trading above 52800.

 

 

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  ETHUSDT

TECHNICAL VIEW 

 

 

Main: The chart above shows that the pair is heading towards the level of 4600. Therefore, we will be waiting for the pair to reach that level which is where we can go short. (In case the pair shows up bearish evidence below it).

 

Important Support and Resistance levels

Resistance Levels Support Levels
4800.00 4300.00
4700.00 4100.00
4600.00 3900.00

Recommended:

We are bullish as long as the pair is trading above 3900.

 

 

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  XRPUSDT    

TECHNICAL VIEW 

 

 

Main: The chart above shows that the pair is trading above a strong support level that is 0.9000. Therefore, we are bullish as long as the pair is trading above it with targets: 1.1000 followed by 1.2000. On the other hand, if the level of 0.8700 is broken, the pair might continue going downwards to reach 0.8600 followed by 0.8300.

 

Important Support and Resistance levels

Resistance Levels Support Levels
1.3000 0.9000
1.2000 0.8740
1.1000 0.8600

Recommended:

We are bullish as long as the pair is trading above 0.8700.