– Bitcoin managed to stay above the $26,000 level despite a drop in the S&P 500 and a rise in the US Dollar Index (DXY).
– Bitcoin’s daily spot exchange transactions have decreased, leading to low liquidity and potential volatile moves.
– MicroStrategy announced the acquisition of 5,445 BTC at an average price of $27,053 per Bitcoin.
– Bitcoin’s price action remains uncertain, with resistance at the 20-day EMA and the 50-day SMA.
– Ether is attempting to start a recovery but faces selling pressure at higher levels.
– BNB remains below the breakdown level of $220, but bulls have prevented a further decline below $203.
– XRP’s price is trapped in a symmetrical triangle pattern, with a possible move towards $0.46 or $0.56.
– Cardano’s ADA struggles to break above the 20-day EMA and could complete a bearish descending triangle pattern.
– Dogecoin remains under the control of bears, with a potential downward move to $0.055.
– Solana’s SOL faces strong resistance at the 20-day EMA, with support at $18.50.
– Toncoin has dropped to the 20-day EMA, and buyers need to hold above this level to attempt a rally.
– Polkadot is stuck below the 20-day EMA, and further downside is possible if it breaks below $3.91.
– Polygon’s MATIC struggles to rise above the 20-day EMA and could resume the downtrend.
Disclaimer: 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.
