The previous week’s crypto market looked so bullish as many altcoins rallied with over 100% gains in less than two days, with the likes of DOGE, BAND, and MASK running the show creating the feeling of euphoria that comes with the bull market. The price of Bitcoin (BTC) closing the week on a high ahead of a new week was a good sign, but there have been mixed feelings as the price of BTC dropped to a region of $20,600. In the face of that, the price of some altcoins has continued to look green in the face of the bear market, with many exciting projects coming up and other projects gaining more attention in the crypto space due to the community and partnership deals. Let us discuss on top 5 cryptos you should pay attention to this week.
Disclaimer: The picks listed in this article should not be taken as investment advice. Always research and never invest more than you can afford to lose.
روزانہ چارٹ پر سرفہرست 5 کرپٹوس- بٹ کوائن (BTC) قیمت کا تجزیہ
From the chart, the price of BTC was rejected from $21,500 with a bullish bias as the price rallied from a region of $19,200 with good volume.
BTC is currently trading at $20,800 when writing this article. The price of BTC looked strong, holding up its support at $20,500 with high hopes of rallying back to the region of $21,500-$22,500.
A breakdown below this $20,500 support holding the price of BTC could see the price going lower to a region of $19,000 which is seen as a demand zone for BTC prices over the weeks.
روزانہ (1D) چارٹ پر Ethereum (ETH) کی قیمت کا تجزیہ
The price of Ethereum in recent weeks outperformed BTC after showing a bullish trend ahead of “The Merge,” rising to a region of $2,030.
ETH قیمت کو $1,630 سے مسترد کر دیا گیا جس کے ساتھ ایسا لگتا ہے کہ ETH قیمت کے بلند ہونے کے لیے مزاحمت ہے۔ قیمت لکھنے کے وقت $1,570 کے علاقے میں فروخت ہوئی۔
The price of ETH is trading above the 50 متوقع منتقل اوسط (EMA) روزانہ ٹائم فریم پر۔
If the price of ETH breakdown below $1,500, we could see the price retesting $1,400-$1,300 as a key support region with high demands.
Top 5 Cryptos- Price Analysis Of Binance Coin (BNB) On The Daily (1D) Chart
The price of BNB was rejected from its resistance of $335 after successive trials but was able to break and close above it, rallying to a high of $350 before facing resistance to a region of $400.
BNB نے مسترد ہونے کے باوجود اپنی تیزی کا ڈھانچہ برقرار رکھا ہے۔ تقریباً $290 کے وقفے سے BNB کی قیمت $250 کے علاقے کو سپورٹ کے طور پر دوبارہ جانچتی ہوئی دیکھ سکتی ہے۔
BNB has found good support at $300, corresponding to the 50 EMA. BNB needs to hold above to have a chance of trending higher.
روزانہ (1D) چارٹ پر Chainlink (LINK) کی قیمت کا تجزیہ
The price of LINK has continued to show bullish trends holding well above the range channel after a successful breakout.
Despite the pullback across crypto assets in the market, LINK has continued to look strong.
The price of LINK needs to break and close above $9.2 for the price to rally to a region of $10 ahead of its anticipated staking.
روزانہ (1D) چارٹ پر LTC کی قیمت کا تجزیہ
LTC has formed a bullish pattern after breaking out of a range channel and forming support at $65. If LTC holds this support area and as the market bounces to the upside, we could see the price of LTC retesting $90-$100, acting as resistance for the price.
zipmex سے نمایاں تصویر، TradingView.com سے چارٹس
