Price analysis 8/9: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT

Source: TradingViewThe BTC/USDT pair rose above the 20-day rapid moving average (EMA) of $29,455 on Aug. 8, and the bulls are attempting to build upon the momentum by pressing the cost above the 50-day basic moving average (SMA) of $29,981. That might keep the pair stuck inside a tight range between $28,500 and $30,500 for a couple of days.Ether cost analysisBuyers acquired the dip below the $1,816 assistance in Ether (ETH) on Aug. 7 and followed that up with another strong move on Aug. 8. On the contrary, if the cost turns down and skids listed below the moving averages, it will suggest that the pair may extend its stay inside the triangle for some more time. Related: Why is Shiba Inu rate up today?Polygon cost analysisPolygon (MATIC) bounced off the strong support at $0.64 and reached the moving averages, where the bears are expected to install a strong defense.MATIC/ USDT day-to-day chart. Source: TradingViewIf the cost turns down from the moving averages, the MATIC/USDT set might as soon as again drop to $0.64.

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Source: TradingViewThe BTC/USDT set rose above the 20-day exponential moving average (EMA) of $29,455 on Aug. 8, and the bulls are trying to build upon the momentum by pushing the rate above the 50-day simple moving average (SMA) of $29,981. That might keep the set stuck inside a tight variety in between $28,500 and $30,500 for a couple of days.Ether cost analysisBuyers purchased the dip listed below the $1,816 support in Ether (ETH) on Aug. 7 and followed that up with another strong move on Aug. 8. Related: Why is Shiba Inu rate up today?Polygon cost analysisPolygon (MATIC) bounced off the strong support at $0.64 and reached the moving averages, where the bears are anticipated to install a strong defense.MATIC/ USDT day-to-day chart.