Crypto GuestPosts

Binance Chain Native Tokens (BNB0) have fallen below moving average lines, after the price was rejected at the peak of $612.50. on October 31. The cryptocurrency dropped to $570, before recovering.

BNB Price Long Term Forecast:

BNB's current price suggests that it is trading in a restricted range between $540 and $620. Bulls will continue to buy dips if the price falls below the lower range. Bulls are holding the $540 support level. Today, the upward trend could continue. However, the altcoins will be rejected by the moving average lines.

Recent price movements have been held back by resistance around $600. The altcoin trades below the moving averages indicating a trend upward. BNB's current value is $575.

BNB Indicator Analysis

BNB's bar chart fell below its moving average on October 31. Bulls are protecting the $540 level of support to limit the altcoins' further decline. The price bars are lower than the moving average, which indicates a further drop for the cryptocurrency.

Technical Indicators:

Resistance levels - $600, $650, $700

Support Levels - $400, $350, $300

What is the next trend for BNB/USD?

BNB is expected to continue trading sideways, as it continues to fall below the moving-average lines. Altcoins are currently bearish, as they reach the lower $540 area. The price movement is gradual due to doji candles. If the altcoin price falls below the range, a sideways trend is likely to start.

Disclaimer. Disclaimer. This analysis and forecast is the author's personal opinion. These are not recommendations to buy or trade cryptocurrency, and should not be seen as endorsements by CryptoGuestPosts. Before investing in funds, readers should conduct their own research.

Avalanche's (AVAX), price is increasing after it has risen above the moving-average lines.

Long-term Avalanche Price Analysis: Bullish

The altcoin's bullish momentum is waning as it faces rejection from its high of $30 on September 27. AVAX is currently fluctuating between the moving average line and the $30 level. It has been rejected 3 times. AVAX will reach the next resistance level of $40 if it breaches the first barrier. AVAX is likely to fall if bears break beneath the moving averages. Altcoins will find their next support level at $24. AVAX's current value is $28.

Avalanche indicator analysis

AVAX gains as long as the price bars are above the moving-average lines. Moving average lines indicate an upward trend. The altcoin is trading sideways at $30, indicating that the uptrend has stopped. Doji candlesticks influence the price fluctuations.

Technical Indicators

Major resistance levels - $60 and $70.00

Major support levels - $30 and $ 20

What's the future direction of Avalanche?

AVAX's 4-hour chart shows an upward trend with higher highs. Since October 14, AVAX's ascending trend is now a sideways dip under the $30 resistance level. The price of the altcoin fluctuates between $27 to $30. As it consolidates, the altcoin price has moved above $27.

Disclaimer. Disclaimer. This analysis and forecast is the author's personal opinion. These are not recommendations to buy or trade cryptocurrency, and should not be seen as endorsements by CryptoGuestPosts. Before investing in funds, readers should conduct their own research.

Since October 1, the price of Ethereum (ETH), has moved steadily under the moving average line. ETH has remained above the $2,300/2,400 support levels.

Ethereum long-term price analysis: bearish

At lower prices, the selling pressure is lessening. Ether has now traded above the $2400 support level.

A price increase above the current level of support will push Ether's moving average line above it. The upward trend will continue until the next resistance level of $2,800. Once buyers have broken above the resistance of $2,800, an uptrend will begin. Ether's price could rise to $3,400 if the buyers succeed.

Ethereum Indicator Analysis

On the 4-hour chart, the price bars of the largest altcoin are above the moving-average lines. Ether's price is consolidating and could be heading up.

Technical Indicators

Resistance levels - $4,000 to $4,500

Support levels - $3.500 & $3,000

What is the future direction of Ethereum?

Ether's price has moved sideways since the October 3 drop. Candles with small bodies and indecisive flames have limited the price movement.

The cryptocurrency price is now above the moving-average lines. Ether is facing an initial hurdle at $2,400.

Disclaimer. Disclaimer. This analysis and forecast is the author's personal opinion. These are not recommendations to buy or trade cryptocurrency, and should not be seen as endorsements by CryptoGuestPosts. Before investing in funds, readers should conduct their own research.

After breaking the moving averages, Ethereum's price rose to $2,732 before being rejected.

Ether's upward trend was stopped when it fell above $2,500.

Ether fell as soon as the bears broke beneath the moving average line or the $2,500 resistance. The biggest altcoin returns back to the key support of $2,300.

Analysis of the Ethereum Indicator

Ether's price bars now exceed the moving average lines after the recent drop.

The price bars of Ether remain below the moving-average lines, which indicates that the cryptocurrency's value will continue to fall.

Technical Indicators

Major Resistance Levels - $4,000 to $4,500

Major Support levels - $3.500 to $3,000

What is the future direction of Ethereum?

Yesterday, moving average lines resisted the upward surge, suggesting a possible bitcoin decline. On October 2, ETH is priced at $2,431.

Disclaimer. Disclaimer. This analysis and forecast is the personal opinion of the author. These are not recommendations to buy or trade cryptocurrency, and should not be seen as endorsements by CryptoGuestPosts. Before investing in funds, readers should conduct their own research.

The price of Ripple (or XRP coin) is moving in a sideways direction above the moving-average lines. The value of cryptocurrency used to be between $0.43 and $ 0.64.

XRP Long-term Analysis: ranging

The price range is now smaller than the moving average, which is the $0.56 resistance and support. Doji candlesticks have caused the price to stay stationary. If the bulls are able to break through the resistance of $0.60, then the market will move above the upper resistance of $0.64. If the bears were to fall below the moving-average lines, then XRP could drop back to its $0.50 low.

The cryptocurrency is currently at $0.58.

Analysis of XRP indicators

XRP is trading above the moving average line since September 14, according to CryptoGuestPosts. The altcoin was trapped in a small range for more than a month. Price bars have remained stationary due to the emergence of doji candles. Altcoins will change when the price breaks through the resistance of $0.60 or falls below the moving average lines.

Technical indicators

Key Resistive Levels – $0.80 and $1.00

Key Support levels - $0.40 & $0.20

What is the future of XRP?

On the 4-hour chart XRP is currently trading below the $0.60 resistance and above the $0.56 support. Altcoins will fall if buyers do not break through resistance at $0.60. Altcoins are currently falling toward the moving average line. If the price drops below the moving-average lines, the altcoin is likely to fall.

Disclaimer. Disclaimer. This analysis and forecast is the personal opinion of the author. These are not recommendations to buy or trade cryptocurrency, and should not be seen as endorsements by CryptoGuestPosts. Before investing in funds, readers should conduct their own research.