Daily crypto forecast - the top crypto movements today - September 23, 2021
Daily crypto forecast - the top crypto movements today - September 23, 2021
Bitcoin, BTC to USD, rose by 6.94%on Wednesday. Bitcoin turned a loss of 5.29% from Tuesday and ended the day at $ 43,574.0
A declining start to the day led to Bitcoin to an intra-raday low of $ 40,601.0 in the early morning before it made a movement.
In order to bypass the first major support level at $ 39,076, Bitcoin recovered to an intraday high in the late afternoon of
Bitcoin broke the 38.2% FIB of $ 41,592 and the first large resistance brand at $ 43,023 to end the day at $ 43,500.
The short -term upward trend remained an intact, despite the recent return to a level below $ 40,000. For the bears, Bitcoin would need a continued decline from the 62 % FIB of $ 27,237 in order to form a short -term downward trend.
The rest of the package
In all other majors it was a mixed day on Wednesday.
crypto.com Coin fell 1.04% against the trend.
It was a bullish day for the rest of the majors.
ripple XRP rose by 14.84 %to take the lead with Cardanos Ada (+13.88 %). Chainlink (+14.06%), Ethereum (+11.31%), and Polkadot (+11.98%) Close behind.
Binance Coin (+10.16%), Bitcoin Cash SV (+6.08%) and Litecoin (+8.69%) were also strong support.
At the beginning of the week, the overall crypto market rose to a Monday high of $ 2,136 billion before slipping on a Tuesday. At the time of the letter, the overall market capitalization was $ 1,968 billion.
The dominance of Bitcoin rose to a Monday high of 43.00% before it fell on a Tuesday exit of 41.22%. At the time of writing, Bitcoin's dominance was 41.46 %.
this morning
At the time of writing, Bitcoin fell by 0.61% to $ 43,308.0. After a mixed start of the day, Bitcoin rose to a high morning of $ 43,857.9 before it fell to a low of USD
Bitcoin left the most important level of support and resistance at an early stage.
Elsewhere it was a mixed start to the day.
crypto.com Coin rose by 1.14%to counteract the early trend.
For the other majors, however, it was a declining start.
at the time of writing, Ripple’s XRP decreased by 1.28% to point out the way down.
for the upcoming Bitcoin tag
Bitcoin would have to avoid the pivot of $ 42,725 in order to bring the first great resistance level at $ 44,849.
So that Bitcoin can break through $ 44,000 again, support from the wider market would be required.
Apart from a broad crypto rally, the first great resistance level and the resistance at $ 45,000 would probably limit the upward trend.
In the event of a broad crypto rally, Bitcoin could test the resistance at a level of $ 48,000 before retreating. The second major resistance level is $ 46,124.
A case by the pivot of $ 42,725 would bring the 38.2% FIB of $ 41,592 and the first major support level at $ 41,450.
Apart from another longer sale on this day, Bitcoin should stay away from less than $ 40,000. The second major support level is $ 39,326.