Crypto Money Market Recently, it has been followed with a wavy course with the increasing sales pressure and the influence of low demand. Especially avalanche $25.1 (AVAX), Ethereum (ETH) $2,626.9Bitcoin (BTC)
$96,171.6 and dogecoin
$0.254691 (Doge) It is mainly followed by technical indicators and macroeconomic developments.
Avalanche (AVAX) Price Analysis, Comment
Avalanche 28.70 percent in the last month lost value to below $ 30. Avax, which is currently traded for $ 25, finally decreased to this level on 6 November 2024. Technical indicators indicate that this decline has not yet ended.
AVAX’s daily graph shows that the demand zone of $ 27 has been lost. This level before AvaxHe supported the rise of up to $ 50. However, this critical support was broken due to sales pressure. The Money Flow Index indicator also points to a weak purchase request and the indicator is below the 50 threshold. This shows that the capital flow is low and that there is a low probability of recovery.
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The red line on the Supertrend indicator is above the price, confirms the sales signal. If this trend continues Avax CoinIt seems possible to fall below $ 20. If the decrease is accelerated, the price may decrease to $ 17.33. However, if excessive sales levels are reached, the possible recovery target for Altcoin will be $ 32 and then the $ 41 level.
Ethereum (ETH), Bitcoin (BTC) and Dogecoin (Doge) Price Analysis, Comment
Ethereum 2 thousand 600 dollars to hold on. ETH, which has been traded over $ 3,000 at the beginning of the year, has been losing value since February. Technical indicators show that 2,500 dollars for Altcoin is a critical support point. If this level is lost, the price is expected to decrease up to 2 thousand dollars. However Eth If it exceeds 2 thousand 700 dollars again, a positive atmosphere may occur in the markets.
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Bitcoin The FED President Jerome Powell remained under the pressure of sales when he withdrew his expectations to reduce interest. BTC is trading at the level of 95 thousand dollars and the risk of withdrawing up to $ 90 thousand. The price of buyers to keep the price above $ 96 thousand may prevent greater losses in the short term.
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Dogcoin In recent days, it has been following a wavy course. Dogge, which fell to $ 0.203 last week, found a balance of $ 0.254 with small gains and losses during the week.
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Technical indicators Dog it shows that short -term recovery may be limited, but the level of $ 0.269 should be followed as a critical resistance.
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Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and perform their operations in line with their own research.