* Bitcoin has been trading between $25,333 and $26,156 since Sept. 1, and it’s difficult to predict the direction of the breakout with certainty.
* Bitcoin has fallen for six consecutive years in September, which may keep the bulls at bay and embolden the bears.
* The rise in the U.S. Dollar Index suggests that Bitcoin could remain under pressure in the short term.
* The prospect of Bitcoin spot exchange-traded funds receiving approvals may limit the downside and be bullish for Bitcoin.
* Bitcoin price analysis: The price is trading below $26,000, and the bears are aiming for the vital support at $24,800. The presence of positive divergence on the RSI suggests weakening bearish momentum.
* Ether price analysis: Ether’s price is buying the dips below the immediate support at $1,626, but there is no follow-up buying at higher levels. The bears are expected to defend the zone between $1,650 and the 20-day EMA.
* BNB price analysis: BNB is trading below the important level of $220. Selling dries up at lower levels, indicating a potential consolidation between $220 and $200. The next major support on the downside is $183.
* XRP price analysis: XRP has been holding onto the $0.50 support. A break below $0.50 could extend the consolidation between $0.56 and $0.41.
* Cardano price analysis: ADA is trading inside a tight range, suggesting cautious trading from both bulls and bears. The bears have a slight edge, and a break below $0.25 could lead to a test of $0.24.
* Dogecoin price analysis: Dogecoin is attempting to start a relief rally but faces resistance at the 20-day EMA. A break and close above the 20-day EMA could lead to a rally to the 50-day SMA.
* Solana price analysis: SOL’s recovery attempt is facing strong selling at the downtrend line. A break below $19 could resume the downtrend, while a break above the 20-day EMA could signal strength.
* Toncoin price analysis: The rally in Toncoin has led to a correction or consolidation. The key support to watch is the 20-day EMA, while a breakout above it could propel the price to $2.07.
* Polkadot price analysis: Polkadot is struggling to start a strong rebound, indicating continued bearish pressure. A break below $4.22 could lead to a slide to $4.
* Polygon price analysis: Polygon reached the 20-day EMA but failed to clear it, indicating a lack of demand at higher levels. The crucial support to watch is $0.50.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.