Price analysis 9/1: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
Source: TradingViewThe rate action of the previous couple of days reveals that the BTC/USDT set has been oscillating inside the big variety between $24,800 and $31,000. BNB rate analysisBNBs (BNB) recovery halted at the 50-day SMA ($234) on Aug. 29 and the bears pulled the price below the essential support at $220 on Aug. 31. A bounce off the support could keep the XRP/USDT set range-bound between $0.41 and $0.56 for some more time.If the cost rebounds off $0.50, it will recommend that the pair might attempt a rally to $0.56. If the price rebounds off $0.24, the pair may continue to consolidate inside the range for a while longer. The 50-day SMA ($23.42) might act as an obstacle but it is likely to be crossed.Related: Bitcoin lines up RSI face-off as BTC rate slips towards new 2-week lowToncoin price analysisToncoin (TON) is in a strong uptrend.
BNB cost analysisBNBs (BNB) healing halted at the 50-day SMA ($234) on Aug. 29 and the bears yanked the rate listed below the crucial support at $220 on Aug. 31. A bounce off the assistance could keep the XRP/USDT set range-bound in between $0.41 and $0.56 for some more time.If the price rebounds off $0.50, it will suggest that the pair might try a rally to $0.56. The 50-day SMA ($23.42) may act as a hurdle however it is most likely to be crossed.Related: Bitcoin lines up RSI face-off as BTC cost slips toward new 2-week lowToncoin cost analysisToncoin (TON) is in a strong uptrend.
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