Solana's (SOL) price has continued to rise and is now at a new high. It was previously $210

Bullish outlook on the price of Solana in the long-term

Bulls tested and broke the $180 mark twice before continuing their upward trend. The uptrend is stalled at the high of $220. If the upward trend continues, Solana's previous high will be 259. The cryptocurrency will trade in a bullish market if the upper resistance level of $259 is breached. The altcoin is now completely out of bear market.

Solana's current high could drop as the market enters overbought territory. The altcoin is forced to move in a sideways pattern above the $180 level, but below the $220 barrier. This will make the bullish scenario irrelevant.

Solana Price Indicator Analysis

Moving average lines slope upwards with the trend. The 21-day SMA supports the price bars rising on the 4-hour chart. Bulls have broken through resistance at $180 to break the sideways trend. The price may rise even further.

Technical Indicators

Key supply zones: $200, $220, $240

Demand zones for $120, $100 and $80

What's the next step for Solana?

Solana's 4-hour chart shows an uptrend, with higher highs. As they approach $220, the price bars are rising above the SMA 21-day. Solana is likely to fall if 21-day SMA resistance is breached.

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.

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.