Bitcoin
BTC$41 781.93

-1.20%

Ethereum
ETH$3 104.92

-3.07%

Tether
USDT$1.000442

0%

Binance Coin
BNB$462.66

-2.57%

Cardano
ADA$1.41

-10.09%

USD Coin
USDC$0.999818

-0.07%

The cryptocurrency market holds key levels, gaining after a slump


29 Nov 2021

#Bitcoin

The cryptocurrency market rumbled loudly on Friday but generally kept key support levels from which purchases resumed over the weekend and early Monday. BTCUSD has added 5.6% in the last 24 hours to $57.6K, almost at the same levels as seven days ago. The cryptocurrency Fear and Greed Index remains in the fear territory, at 33, up from 27 on Sunday and 21 on Saturday morning. Today's low values are nothing more than a tail of Friday's sell-off, and sentiment has improved significantly since then. From the side of this indicator, the situation looks like another moment to buy on downturns, as it was in early October.

On Friday, bitcoin fell into the $54K area, pulling back to the 61.8% level of the July-November rally. If indeed it is over, such a pullback could clear the way for growth to new highs, as bulls were allowed to lock in profits and shortly after to buy the dip. On the other hand, BTCUSD remains below its 50-day average, which has acted as resistance for the past ten days. It is now passing through levels near the circular $60K level, which increases the significance. In the event of a sharp breakout of this level, bitcoin could fly to new highs on inertia.

If that breakout fails, we could say the crypto market's bullish trend is broken, as there are too many sellers. Ether has successfully withstood the pressure and actively rallied on declines below 4000. The primary altcoin looks more popular among buyers, managing to stay above its critical circular level and above the 50-day moving average, continuing the short-term bullish trend.

Thus, it can be stated that sentiment in the crypto market has quickly returned to normal after a slight shake-up. However, it is worth keeping a close eye on bitcoin dynamics. If it does not return to a solid growth path, it could upset the entire crypto market by turning it downwards.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 70% 61 $41 781.93 -1.20% -2.04% $791 088 078 889 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 64% 76 $3 104.92 -3.07% -4.08% $370 163 071 496 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.8% 1 $1.000442 0% 0.02% $78 349 190 476 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 70.8% 60 $462.66 -2.57% 0.34% $76 392 115 063 BNB 7 days price change
5 Cardano (ADA) ADA Cardano predictions 74.8% 52 $1.41 -10.09% 16.06% $47 131 349 412 ADA 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 92% 1 $0.999818 -0.07% 0.01% $45 754 530 091 USDC 7 days price change
7 Solana (SOL) SOL Solana predictions 59.6% 81 $138.01 -1.88% -1.19% $43 357 154 185 SOL 7 days price change
8 XRP (XRP) XRP XRP predictions 68% 65 $0.743566 -2.42% -2.66% $35 440 659 267 XRP 7 days price change
9 Terra (LUNA) LUNA Terra predictions 70.8% 57 $77.07 -0.63% 2.61% $27 568 221 274 LUNA 7 days price change
10 Polkadot (DOT) DOT Polkadot predictions 76.4% 51 $24.34 -4.48% -6.31% $24 040 494 775 DOT 7 days price change
11 Dogecoin (DOGE) DOGE Dogecoin predictions 75.6% 45 $0.166796 -2.47% 8.84% $22 128 901 943 DOGE 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 61.2% 79 $84.45 -2.78% -7.81% $20 636 453 390 AVAX 7 days price change
13 SHIBA INU (SHIB) SHIB SHIBA INU predictions 67.6% 63 $0.000028 -3.69% -2.92% $15 307 020 912 SHIB 7 days price change
14 Polygon (MATIC) MATIC Polygon predictions 68.8% 59 $2.08 -6.22% -11.45% $15 177 353 942 MATIC 7 days price change
15 Binance USD (BUSD) BUSD Binance USD predictions 94.8% 1 $0.998835 -0.12% -0.19% $14 198 835 768 BUSD 7 days price change

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