Market condition: Study the levels of support and resistance of professionals in digital currencies



As it turns out, the price of bitcoin has stabilized above $ 47,000. The Atrium is priced at around $ 3400, and the XRP is still below $ 0.90. Meanwhile, Solana and Uni Swap grew by 9 percent and Zilika by 67 percent.

According to Crypto News, the price of bitcoin has stabilized below the resistance of $ 48,000. Bitcoin is also maintained in the $ 46,500 zone. Bitcoin is currently just over $ 47,200 and hasn’t changed much overnight.

Atrium will be able to grow quickly, overcoming the resistance of $ 3450. XRP is still trading below $ 0.90, and Cardano is close to $ 1.20.

Read also: Following the rise in the price of digital currencies, the total value of funds locked into Difai projects has also increased.

Market condition: Study the levels of support and resistance of professionals in digital currencies
Total market capitalization on an hourly basis

Bitcoin prices

Bitcoin rose above $ 47,000 again after reaching a support level of $ 46,500. If bitcoin continues its upward trend, it will face new resistance in the range of $ 47,500. The next bitcoin resistance will be close to the $ 47,880 level. If this resistance is broken, the price of bitcoin could rise above $ 48,000. If bitcoin closes above $ 48,000 and $ 48,200, this will accelerate its upward trend.

Otherwise, the price could fall below $ 46,800. The main support after this level is around $ 46,500. If this support is violated, the price could reach $ 46,000.

Atrium price

Atrium support in the $ 3,350 area is still strong. The price of this digital currency is currently stabilizing close to the level of 3400 dollars. If the Atrium continues to grow, the price could reach $ 3440. Atrium’s next key resistance is in the $ 3,450 range. If this resistance is broken, the price of the Atrium will rise faster.

In the event of a downturn in the Atrium market, the price of this digital currency will be maintained in the $ 3350 zone. The next big support will be close to the $ 3,330 level. If this support is broken, the acceleration of the fall will increase.

The price of altcoins

Cardano’s $ 1.18 support was broken and the price of this digital currency reached $ 0.165, but the price trend rose again. The current price of this digital currency is about $ 1.20.

The currency (BNB) rose 3% to over $ 440. The digital currency, which managed to break its resistance of $ 442, will probably be able to break its resistance of $ 450. If the cows in this market (proponents of rising prices) succeed, the price will rise to $ 465.

Solana crossed the $ 120 resistance with a 9% increase. The cows in this digital currency market are also determined to experience a price of $ 132 in the short term.

The Dodge Quinn stabilized below its $ 0.150 resistance. Breaking this resistance and closing the price of this digital currency above the $ 0.150 range could lead to a steady upward trend in the price of Dodge. Dodge Quinn investors will be encouraged to stand at $ 0.155 or $ 0.162 if they see a breakthrough.

The price of XRP also stabilized at $ 0.865. The next resistance is in the range of $ 0.880, and the next main resistance will be $ 0.900. If this zone of resistance is breached, the price will accelerate more than before.

Other market coins also grew by 5 percent. For the quinces, however, Zhilika’s 67 percent increase was visible. The digital currency increased its weekly profit to 320%, breaking the $ 0.195 level. Uni Swap also managed to cross the $ 12 level with a 10% price increase.

Overall, the price of bitcoin stabilizes below the resistance of $ 48,000. If bitcoin overcomes this resistance, it will be able to grow faster, but if it falls, it may fall to $ 45,000.

The publication Market Situation: A Study of Professional Support and Resistance Levels in Digital Currencies appeared for the first time in Digital Currency.

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