Hi crypto lovers! Hope you all are doing well. We have seen crypto market posting highs and lows on different price levels, Bitcoin has visited $109k more than once, but still could not break the all time highs. This to me is a clear signs of weakness. However, We have noticed also increase in buy volume which indicate signs of strength. We have mixed sentiment at the moment. Going by the analysis made by my team, bitcoin has higher chances to break through $111k price level.
Alt like Ethereum has been posting a very strong Bullish momentum with a strong support price level at $2460, with noticeable increase in trading volume on the buy side, displaying investor's sentiment to the upside. We have been noticing TRX market price, and we see TRX consistent increase in price and Buy volume. The USDT transactions carried out on TRX chain keeps recording significant highs, surpassing cardano trading volume and market MC. A clear signs of strength. According to our analysis, TRX might end the year with the market price of $1. currently, at the time of writing, Tron price was at $0.28591, Not even reacting to Bitcoin's market influence. TRX price has become consistent in growth and stability.
Other token to keep our eyes on is BNB; Currently at $659 price level at the time of writing. BNB has been showing consistent growth and stability with a very strong support level at $588 price level. We have noticed also that this token doesn't really react to Bitcoin impulsive moves, but maintaining consistent bullish momentum. Our prediction price for this token is at $1,200 before the end of the year.
Cardano; ADA token dropped from $0.864 price level, to $0.5126 following bitcoin impulsive drop in price. Currently, ADA is priced at $0.5785 at the time of writing, with signs of effort to rise. If price breaks $0.6127 price level, ADA will be heading to $0.76 price level.
CONCLUSION: The above review is made for educational purposes only and doesn't suggest any investment advise. Therefore, If you are taking actions base of this reviews; please be rest assured that you are totally responsible for your financial dealings. The ideas contained in this content are based on my own personally views. Therefore is needful for you to always do your research. Thanks for stopping by.
