Cryptomarket Valuation and Opinion 11-27-21

By xuanling11 | Crypto Learning | 28 Nov 2021


Market Data Highlights

Bitcoin opens at $54K. It hits lowest at $53K and highest at $55K and stable around $54K ~ $55K. The average transaction fee is $2.68 which is a 12.13% decrease from 11-26-21. Fear and Greed level is at 27.

Ethereum opens at $4.1K. It hits lowest at $3.9K and highest at $4.1K and stable around $4.0K. The average transaction fee is $35.54 which is a 17.88% decrease from 11-26-21. Fear and Greed level is at 36.

Here are some highlights to support my analysis: 

bc07afb6cc91c04895b0a92b94b9bfe2555c0c3f25d60e769031111ac271ada1.png

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Bitcoin Value =  $50k ~ $58k and my position is Long.

Ethereum Value = $3.9k ~ $4.8k and my position is Long.

        

NFT market highlights:

The NFT market is up! So people move their funds back to NFTs. The market is healthy but the price goes a bit low which is okay and it is sustainable in this way. Metaverse continues attracting more funds.

599e94a8ac0f31e0373e19a6bbc71c3b37860fb64d9faa23a82cb146c3ea14f5.png

Current News Summary:

14404f5247fb0704e38cfc8bf24bc91d627e09c038b71924ce55cf6316d695f5.png

Today’s sentimental news and comments:

Bullish News 📈

Whale continues buying meme Shiba token.

Newegg confirms that it will accept Shiba tokens as payment.

Bearish News 📉

Bank of England governor worries El Salvador citizens of Bitcoin legal tender in the long term.

Future Trend 🚀

Web3 can eliminate bureaucrats from philanthropy and makes donations a better choice for the future.

Ethereum gas fee is killing Ethereum in the long term. Vita lol Buterin proposed a short-term fix and hopefully bring down the gas fee.

Shiba NFT games may come soon.

Scam Alert ⚠️

Scam: Saitama wallet 

Reason scam: a fake app that is not an official app.

Scam types: fake wallet, potentially stealing wallet information


Check out Cryptologist as a partnership publication.

Thanks for reading and see you tomorrow!

b318bdad571e4de7cfc20ee27ba4f1c718de9a3e8c1218637d9ed2a3121ad50b.png


Photo by Guilman from Pexels

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You can reference my previous monthly Bitcoin and Ethereum analysis here ⬇️⬇️:
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💪💪 February 2021 Technical Analysis Summary 🚀🚀
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💪💪 April 2021 Technical Analysis Summary 🚀🚀
💪💪 May 2021 Technical Analysis Summary 🚀🚀
💪💪 June 2021 Technical Analysis Summary 🚀🚀
💪💪 July 2021 Technical Analysis Summary 🚀🚀
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💪💪 September 2021 Technical Analysis Summary 🚀🚀
💪💪 October 2021 Technical Analysis Summary 🚀🚀
💪💪 November 2021 Technical Analysis Summary 🚀🚀
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You can reference my previous daily Bitcoin & Ethereum analysis here ⬇️⬇️:
Cryptomarket Valuation and Opinion 11-01-21📈
Cryptomarket Valuation and Opinion 11-02-21📉
Cryptomarket Valuation and Opinion 11-03-21📈
Cryptomarket Valuation and Opinion 11-04-21📉
Cryptomarket Valuation and Opinion 11-05-21📉
Cryptomarket Valuation and Opinion 11-06-21📈
Cryptomarket Valuation and Opinion 11-07-21📈
Cryptomarket Valuation and Opinion 11-08-21📈
Cryptomarket Valuation and Opinion 11-09-21📈
Cryptomarket Valuation and Opinion 11-10-21📉
Cryptomarket Valuation and Opinion 11-11-21📈
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Cryptomarket Valuation and Opinion 11-13-21📈
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Cryptomarket Valuation and Opinion 11-15-21📉
Cryptomarket Valuation and Opinion 11-16-21📉
Cryptomarket Valuation and Opinion 11-17-21📉
Cryptomarket Valuation and Opinion 11-18-21📉
Cryptomarket Valuation and Opinion 11-19-21📉
Cryptomarket Valuation and Opinion 11-20-21📈
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Cryptomarket Valuation and Opinion 11-24-21📈
Cryptomarket Valuation and Opinion 11-25-21📉
Cryptomarket Valuation and Opinion 11-26-21📉
You can reference my Bitcoin methodology here and here.
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You can reference my previous daily Dogecoin analysis here ⬇️⬇️:
Doge Analysis 12-28-21📈
Doge Analysis 01-01-21📈
Doge Analysis 01-02-21📈
Doge Analysis 01-11-21📉
Doge Analysis 01-28-21📈
Doge Analysis 02-04-21📈
Doge Analysis 02-07-21📈
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Disclosure: The article was written by a delusional author who is possibly a nut job without any questions whatsoever about expertise in the subject matters. You should not believe any words this author wrote or you may experience similar symptoms or even possibly become a nut job.

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