{"id":74855,"date":"2023-08-11T20:19:23","date_gmt":"2023-08-11T20:19:23","guid":{"rendered":"https:\/\/kryptodata.se\/analysis-of-prices-on-august-11th-bitcoin-btc-ethereum-eth-binance-coin-bnb-ripple-xrp-dogecoin-doge-cardano-ada-solana-sol-polygon-matic-litecoin-ltc-polkadot-dot\/"},"modified":"2023-08-11T20:19:23","modified_gmt":"2023-08-11T20:19:23","slug":"analysis-of-prices-on-august-11th-bitcoin-btc-ethereum-eth-binance-coin-bnb-ripple-xrp-dogecoin-doge-cardano-ada-solana-sol-polygon-matic-litecoin-ltc-polkadot-dot","status":"publish","type":"post","link":"http:\/\/kryptodata.se\/analysis-of-prices-on-august-11th-bitcoin-btc-ethereum-eth-binance-coin-bnb-ripple-xrp-dogecoin-doge-cardano-ada-solana-sol-polygon-matic-litecoin-ltc-polkadot-dot\/","title":{"rendered":"Analysis of Prices on August 11th: Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), Dogecoin (DOGE), Cardano (ADA), Solana (SOL), Polygon (MATIC), Litecoin (LTC), Polkadot (DOT)"},"content":{"rendered":"

Following the delay in the Bitcoin ETF decision, Bitcoin’s price has been consolidating in a tight range, making it difficult to predict a breakout. However, traders should be prepared for a trending move in the near future. Ethereum has also been trading within a range, with uncertainty between the bulls and bears. Binance Coin has seen a drop in price after failing to break above the resistance line of a triangle pattern. XRP is facing resistance at the 20-day EMA, with the important support level to watch being the 50-day SMA. Dogecoin continues to trade within an ascending channel pattern, but the bulls are struggling to overcome the downtrend line. Cardano’s recovery attempt has been halted at the 20-day EMA, indicating selling pressure from bears. Solana is stuck between $26 and $22.30, with $26 being a crucial level to watch on the upside. Polygon has failed to break above the 50-day SMA, but the bulls are holding their positions. Litecoin is struggling to bounce off strong support and may resume its downtrend if it breaks below $81.36. Polkadot has been trading near $5, with attempts by bulls to push the price above the 20-day EMA being met with resistance from bears. Overall, the cryptocurrency market remains uncertain and traders should be cautious.<\/p>\n","protected":false},"excerpt":{"rendered":"

<\/p>\n

After the Aug. 11 Bitcoin ETF decision delay, BTC\u2019s boring price action looks set to carry on through the weekend. 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