Bitcoin ( BTC) không thể vượt qua rào cản ở mức $25,000 vào ngày 11 tháng 8 mặc dù nó có hai chất xúc tác dưới dạng một người tiêu dùng “thuận lợi” Price Index in và tin tức rằng BlackRock — nhà quản lý tài sản lớn nhất thế giới, giám sát hơn 10 nghìn tỷ USD tổng tài sản – đã đưa ra một sản phẩm đầu tư Bitcoin tại chỗ.
So sánh, Ether ( ETH) đã giữ được lợi nhuận gần đây của nó trên tin rằng testnet Goerli đã thành công kích hoạt bằng chứng cổ phần, dọn đường cho quá trình chuyển đổi mainnet của Ethereum lên kế hoạch cho ngày 15 tháng 9 hoặc 16 tháng 9. Dữ liệu từ Santiment cho thấy các giao dịch cá voi Ether đã tăng lên cùng với sự tích tụ cá voi có thể xảy ra.
Tuy nhiên, các nhà phân tích vẫn chia rẽ về triển vọng của sự phục hồi hiện tại. Trong khi một số người tin rằng sự tăng giá của Bitcoin có thể tăng lên trên $28,000, một số khác không tăng và họ kỳ vọng giá sẽ giảm và tiếp tục xu hướng giảm.
Could buyers clear the overhead hurdle in Bitcoin and select altcoins? Let’s study the charts of the top-10 cryptocurrencies to find out.
BTC/USDT
Bitcoin nudged above the overhead resistance at $24,668 on Aug. 11 but the bulls could not sustain the higher levels. This indicates that bears have not yet given up and are selling on rallies.
Giá vẫn bị vắt giữa đường trung bình động cấp số mũ 20 ngày ($23,151) và $24,668. Thông thường, một giao dịch phạm vi chặt chẽ được theo sau bởi một sự mở rộng phạm vi nhưng rất khó để dự đoán hướng của sự phá vỡ một cách chắc chắn.
Trong trường hợp này, đường EMA 20 ngày đang dần dốc lên và chỉ số sức mạnh tương đối (RSI) nằm trong vùng tích cực, cho thấy con đường kháng cự ít nhất là đi lên.
Nếu người mua đẩy và duy trì giá trên $25,000, đà tăng có thể tăng lên và cặp này có thể tăng lên $28,000 và sau đó lên $32,000.
This positive view could invalidate in the near term if the price turns down and breaks below the 20-day EMA. The pair could then decline to the 50-day simple moving average ($21,845).
ETH/USDT
Ether đã cố gắng tăng lên trên $2,000 vào ngày 11 tháng 8 nhưng mức bấc dài trên nến ngày cho thấy rằng những người mua đang bảo vệ mức này với sức mạnh.
However, a positive sign is that the bulls have not ceded ground to the bears. This suggests that traders are not hurrying to book profits as they anticipate the up-move to continue.
The upsloping moving averages and the RSI near the overbought territory indicate advantage to buyers. If bulls drive the price above $2,000, the ETH/USDT pair could rally to the downtrend line.
Ngoài ra, nếu giá giảm mạnh so với mức hiện tại, những người bán sẽ cố gắng chìm cặp này xuống mức bứt phá 1.700 đô la Mỹ. Những con bò đực dự kiến sẽ mua xu hướng giảm xuống mức hỗ trợ này.
BNB/USDT
Binance Coin (BNB) has been facing stiff resistance at the overhead resistance zone between $338 to $350. Although bears have repeatedly thwarted attempts by the bulls to clear this hurdle, the buyers have not given up much ground. This indicates that the bulls are not rushing to the exit as they expect a move higher.
A tight consolidation near the overhead resistance increases the likelihood of a break above it. If that happens, the BNB/USDT pair could attempt a rally to $380 and then to $414.
The important support to watch out on the downside is the 20-day EMA ($300). If bears sink the price below this level, the pair could decline to $275 and then to the 50-day SMA ($261). A break below this support could tilt the advantage in favor of the bears.
XRP/USDT
XRP remains stuck between the overhead resistance at $0.39 and the 20-day EMA ($0.37). The bears attempted to resolve this uncertainty in their favor on Aug. 9 and Aug. 10 but the bulls purchased the dip and pushed the price back above the 20-day EMA.
The buyers tried to push the price above $0.39 on Aug. 11 but the bears held their ground. This indicates that $0.39 and the 50-day SMA ($0.35) are the critical levels to watch out for in the short term.
If buyers clear the overhead hurdle, the XRP/USDT pair could rally to $0.48 and later to $0.54. On the contrary, if the price slips below the 50-day SMA, the pair could slide toward the crucial support at $0.30.
ADA/USDT
Buyers attempted to push Cardano (ADA) above the overhead resistance at $0.55 on Aug. 11 but the bears held the level successfully. The price could now drop to the 20-day EMA ($0.51).
The tight range trading between the 20-day EMA and $0.55 is unlikely to continue for long. If buyers drive the price above $0.55, the ADA/USDT pair could rally to $0.63 and then to the stiff overhead resistance at $0.70.
Contrary to this assumption, if the price turns down and breaks below the 20-day EMA, the bears will attempt to challenge the support at $0.45. If the support holds, the pair may extend the consolidation between $0.45 and $0.55 for some more time.
SOL/USDT
Solana (SOL) bounced off the 50-day SMA ($39) on Aug. 10 indicating that bulls continue to buy at lower levels. The bulls attempted to push the price to the overhead resistance at $48 but the bears stalled the recovery at $45.32 on Aug. 11.
The SOL/USDT pair could continue to trade inside the ascending triangle formation for some more time. The bears will have to sink the price below the support line to invalidate this bullish setup.
Alternatively, the bulls will have to push and sustain the price above $48 to complete the bullish pattern. If that happens, the pair could rally to $60 and then make a move to the pattern target at $71.
DOGE/USDT
Dogecoin (DOGE) once again turned down from the overhead resistance at $0.08 on Aug. 11, indicating that bears continue to defend the level aggressively.
The bears will attempt to sink the price below the moving averages and challenge the trendline of the ascending triangle pattern. A break and close below this support will invalidate the bullish setup, opening the doors for a possible retest of $0.06.
Contrary to this assumption, if the price rebounds off the moving averages, it will suggest that bulls continue to buy at lower levels. The bulls will have to push the price above $0.08 to complete the ascending triangle pattern. If that happens, the DOGE/USDT pair may rally to $0.10.
Related: 3 cryptocurrencies that stand to outperform ETH price thanks to Ethereum’s Merge
DOT/USDT
Polkadot (DOT) has been witnessing a close battle between the bulls and the bears near the breakout level of $9. The bears are attempting to pull the price back below $9 while the bulls are trying to flip the level into support.
The rising 20-day EMA ($8.47) and the RSI in the positive territory, indicating advantage to buyers. If the price rises from the current level and breaks above $9.65, the DOT/USDT pair could rally to $10.80 and later to $12.
Alternatively, if the price breaks below the strong support zone of $9 and the 20-day EMA, it will suggest that the recent breakout may have been a bull trap. The pair could then decline to the 50-day SMA ($7.62).
MATIC/USDT
Polygon (MATIC) has been trading in a tight range between the 20-day EMA ($0.88) and $0.96 for the past few days, indicating indecision among buyers and sellers.
If this uncertainty resolves to the upside, the MATIC/USDT pair could rally to the stiff overhead resistance at $1.02. The bulls will have to overcome this barrier to signal the start of the next leg of the up-move to $1.26 and later to $1.50.
Contrary to this assumption, if the price turns down and breaks below the 20-day EMA, the short-term advantage could tilt in favor of the bears. The pair could then decline to the strong support at $0.75.
AVAX/USDT
Avalanche (AVAX) has been trading above the breakout level of $26.38 for the past few days which suggests that bulls are in no hurry to surrender their advantage.
The gradually rising 20-day EMA ($25.6) and the RSI near the overbought zone indicate advantage to buyers. If bulls propel the price above $31, the AVAX/USDT pair could pick up momentum and rally to $33 and later to the pattern target of $39.05.
This positive view could invalidate in the near term if the price turns down and breaks below the 20-day EMA. If that happens, the pair could decline to the 50-day SMA ($21.91) and then to the support line.
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision.
Market data is provided by HitBTC exchange.
