I’ll summarize the cryptocurrency price analysis provided in the article for various cryptocurrencies:
1. Bitcoin (BTC) Not mentioned
2. Ethereum (ETH) Not mentioned
3. Altcoins
- Cardano (ADA): Bulls are attempting to clear the overhead hurdle at $0.80, which could lead to a rise to $1 and then to $1.25.
- Dogecoin (DOGE): Bulls expect the uptrend to continue, with a potential jump to $0.44 if buyers push the price above $0.39.
- Shiba Inu (SHIB): Bulls are struggling to start a strong rebound, but a close above $0.000026 could lead to a climb to $0.000030 and then to $0.000039.
- XRP (XRP): The recent rally has pushed the RSI deeply into the overbought territory, suggesting a minor correction or consolidation for some time.
- BNB (BNB): Buyers are attempting to push the price above $635, which could lead to a rise to $667 and then to $722.
- BNB’s uptrend line (not clearly mentioned in article)
- XRP: The bulls purchased the dip and are again trying to push the price above $1.27, which could soar to $1.40 and subsequently to $1.70.
- Dogecoin (DOGE): Bulls expect the uptrend to continue, with a potential jump to $0.44 if buyers push the price above $0.39.
- Cardano (ADA): Sellers tried to stall Cardano’s up move near $0.80 on Nov 16, but shallow pullback suggests buying on every minor dip.
- Shiba Inu (SHIB) has been sustaining above the 20-day EMA ($0.000022), but bulls are struggling to start a strong rebound.
4. Other Cryptocurrencies
- BNB: Buyers will again attempt to push and maintain the price above $635.
- XRP: Bulls are trying to push the price above $1.27, which could soar to $1.40 and subsequently to $1.70.
- Dogecoin (DOGE): Bulls expect the uptrend to continue, with a potential jump to $0.44 if buyers push the price above $0.39.
- Cardano (ADA): Sellers tried to stall Cardano’s up move near $0.80 on Nov 16, but shallow pullback suggests buying on every minor dip.
5. Key Takeaways
- Time is running out for bears to prevent the up move.
- Bulls are attempting to clear overhead hurdles and sustain prices above certain levels.
- Various cryptocurrencies have potential price targets if bulls prevail.
- Minor corrections or consolidations may occur in some cases due to overbought conditions.
Please note that this summary does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
