We are now coming to the end of October and that means two things. First, the expected last quarter rise should now continue above $69,000. Secondly, there is very little time left until the US elections and historical data shows that the markets should rise with the elections. So will it really happen?
Shiba Coin Review
Maintaining the $0.0000175 level for an uptrend Shiba Coin The bulls have not been able to see closes above $0.0000192 for now. Since the BTC price fell to $66,600 again after the daily close, we may see a retreat to the support point in the coming hours. Further below there is a base of $0.00001610.
BTC In the scenario where the price regains $ 70,000, Shiba Coin is expected to gain $ 0.00002094. Then, resistances at $0.00002593 and $0.0000293 will come to the fore. It is possible that investors will be encouraged for ATH again by overcoming the second resistance.
Dogecoin Review
Recently DOGE It made a good attempt at the $0.152 resistance by continuously making higher highs. However, it could not pass because the BTC price started to return from the peak. Dogecoin at this stage $0.144698 It is possible that the price will return to $0.130, below which a bottom of $0.115 can be targeted.
In the opposite scenario, $0.23 after $0.15 and $0.18 are roughly possible resistance targets.
Solana (LEFT)
Sol Coin The ongoing fluctuation between $120 and $160 for months made investors looking for short-term trade happy. Now it seems that the journey back from the summit has begun again. The sales, which started at the level of $ 170, created a new red candle and the levels of $ 148 and $ 127 may be tested in the continuation of the sales.
Those who take the risk of short-term trading will probably buy when the price falls below $ 140 again. However, if BTC does not make a deeper bottom, we may not see a buying opportunity at $120.
Ethereum (ETH)
Again at $2710 level ETH went into decline. After waiting 26 days, Ethereum still failed to achieve permanence above the resistance $2,705 bad for. Even though BTC is at a record low, it is underperforming many expectations. We can see that $2,562 remains strong as support.
In the bullish scenario, prices of 4-5 thousand dollars may remain a dream without seeing closings above the break point of $ 3,120.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.