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Crypto Price Today: The cryptocurrency market showed a mixed sentiment on November 18, 2024. Major cryptocurrencies like Bitcoin, Ethereum, and Solana displayed varying trends, while altcoins like Ripple and Shiba Inu gained traction. This analysis delves into the market performance, charts, and technical indicators to provide insights into the day's activity.
Price: $90,540
24h Change: -0.27%
7d Change: +11.13%
The 30-minute Bitcoin chart highlights a consolidation phase. Price movements are within a Bollinger Bands range of $89,144 and $91,000, showing reduced volatility. The current level at $90,540 aligns with the middle Bollinger Band, suggesting equilibrium between buyers and sellers.
The Relative Strength Index (RSI) hovers near 51, indicating neutral momentum. Short-term traders could anticipate range-bound movements unless volume increases significantly. Key support lies near $89,000, while resistance at $91,800 may challenge further upside.
Price: $3,101.19
24h Change: -0.70%
7d Change: -2.30%
Ethereum's chart shows a mild bearish trend. Price remains below its 14-period RSI, indicating weakening momentum. RSI stands near 51, close to a neutral zone but leaning slightly bearish. The moving average setup reflects consolidation, with $3,100 acting as critical support.
Volume activity suggests reduced trading interest compared to the prior week. A break below $3,080 could invite further downside. Resistance at $3,140 must be overcome to regain bullish momentum.
Price: $242.63
24h Change: +1.83%
7d Change: +17.21%
Solana is emerging as a strong performer in the market. The 30-minute chart reflects a steady uptrend, with the price consistently trading above the 9-day and 21-day moving averages. A bullish crossover indicates strong upward momentum.
Resistance at $244 could be a critical level to watch. Breaking above this zone could propel prices further. Support at $234 aligns with the lower moving average, providing stability during pullbacks.
Price: $1.16
24h Change: +10.40%
7d Change: +96.45%
Ripple continues to lead the market in terms of gains. The impressive weekly performance highlights renewed investor interest. Short-term charts show a parabolic rise, reflecting strong buyer dominance. $1.20 acts as the next psychological resistance, while $1.10 provides immediate support.
Price: $0.00002515
24h Change: +3.41%
7d Change: -3.23%
Shiba Inu remains a high-risk, high-reward asset. The price is hovering near resistance at $0.0000255. The 30-minute chart reveals a declining RSI, suggesting potential bearish pressure. Support at $0.0000245 could hold against sell-offs in the short term.
1. MANTRA (OM): +39.07%
2. Hedera (HBAR): +25.95%
3. Stellar (XLM): +12.57%
4. Peanut (PNUT): +10.34%
5. Cronos (CRO): +9.97%
1. Jupiter (JUP): -7.06%
2. Helium (HNT): -6.12%
3. Pyth Network (PYTH): -5.10%
4. Mog Coin (MOG): -4.97%
5. Fantom (FTM): -4.50%
Market sentiment remains mixed. While Bitcoin and Ethereum consolidate, altcoins like Ripple and Solana exhibit strength. The divergence suggests varying investor strategies, with capital flowing into high-performing assets like XRP and SOL.
Trading volumes remain subdued for major assets, highlighting a cautious approach among traders. Macro factors and regulatory developments could play a significant role in driving the next directional move.
