Daily crypto forecast - the top crypto movements today - September 28, 2021
Daily crypto forecast - the top crypto movements today - September 28, 2021
Bitcoin, BTC to USD, fell by 2.33%on Monday. Bitcoin turned an increase of 1.11% compared to Sunday and ended the day at $ 42,181.0
An interest bully start to the day led to Bitcoin on an intra-raday high in the early morning of $ 44,356.0 before it hit reverse gear.
Bitcoin missed the first great resistance level of $ 44,502 and slipped to a late intraday low of $ 42,135.0
to avoid the 38.2% FIB of $ 41,592 and the first major support level at $ 41,399, Bitcoin ended the day at a level of $ 42,180
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
For all other majors it was a bearish day on Monday.
chainlink slipped by 6.32% to lead the way down.
cardanos ada (-3.48%), Ethereum (-4.40%) and Litecoin (-3.66%) also had problems.
Binance Coin (-2.54%), Bitcoin Cash SV (-1.99%), Crypto.com Coin (-1.00%), Polkadot (-1.57%) and Ripple’s XRP (-2.24%) recorded relatively modest losses.
At the beginning of the week, the overall crypto market rose to a Monday high of USD 1,997 billion before slipping to a low of USD 1,880 billion in early Tuesday. At the time of the letter, the overall market capitalization was $ 1,902 billion.
The dominance of Bitcoin fell on a Monday depict of 41.79 % before increasing a Monday high of 42.15 %. At the time of writing, Bitcoin's dominance was 41.94%.
this morning
At the time of writing, Bitcoin rose 0.45% to $ 42,369.0. A mixed start of the day led to Bitcoin fell to a low in the early morning of $ 42,000.0 before it rose to a high of $ 42,386.0
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 opposed the early trend and fell by 2.60%.
For the rest of the majors, however, it was a bullish start.
At the time of writing, Bitcoin Cash SV rose by 1.48% to take the lead.
for the upcoming Bitcoin tag
Bitcoin would have to move through the pivot of $ 42,891 in order to bring the first major resistance level at $ 43,646.
So that Bitcoin can break out of the level of $ 43,500, support from the wider market would be required.
Apart from a broad crypto rally, the first great resistance level and this would probably limit the upward trend at $ 44,356 on Monday.
In the event of a broad crypto rally, Bitcoin could test the resistance at a level of $ 45,000 before retreat. The second large resistance mark is $ 45,112.
If the pivot of $ 42,891 is not broken, the 38.2% FIB of $ 41,592 and the first major support level at $ 41,425 would come into play.
Apart from another longer sale on this day, Bitcoin should stay away from less than $ 40,000. The second major support level at $ 40,670 should limit the downward movement.
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