Kryptodata

  • Market Cap: $2,539,931,467,639.84
  • 24h Vol: $92,735,643,572.26
  • BTC Dominance: 51.92%
11/3 Price Analysis: Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), Solana (SOL), Cardano (ADA), Dogecoin (DOGE), TON, Chainlink (LINK), Polygon (MATIC)

11/3 Price Analysis: Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), Solana (SOL), Cardano (ADA), Dogecoin (DOGE), TON, Chainlink (LINK), Polygon (MATIC)

Bitcoin’s price has lost its upward momentum, but data suggests traders are preparing to buy any significant dips.

A mild correction during an uptrend is seen as a healthy sign, shaking out weak hands.

Bitcoin’s weakness has pulled down several altcoins.

Bitcoin’s price may fall to $33,390 if it sustains below $35,000, but if it holds above the 20-day EMA ($32,611), the trend remains positive.

Ether faces strong selling at higher levels, with support at $1,746 and resistance at $1,865.

BNB is stuck between $223 and $235, with the path of least resistance being to the upside.

XRP is facing resistance at $0.61, but bulls remain in control as long as the price stays above $0.56.

Solana may see a downward move if it falls below $38.79, while Cardano is viewed as a buying opportunity with a target of $0.38.

Dogecoin is fiercely defended at the 20-day EMA ($0.06), with resistance at $0.07.

Toncoin faces strong resistance at $2.31, but bulls have a slight edge.

Chainlink continues to face resistance at $11.50, with support at the 20-day EMA ($10.11).

Polygon’s rally lacks momentum, with resistance at $0.70 and support at the 20-day EMA ($0.61).

Investment advice and recommendations are not provided in this article. Conduct your own research before making any decisions.

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