Ah, the market’s daily performance report, brought to you by the ever-optimistic CoinStats, or should I say, “CoinStumbles”. Most coins are indulging in a correction today-a polite term for “going awkwardly south.” 🙃
BTC/USD
Bitcoin (BTC), that plucky show-off, is the sole exception today, politely rising by 1.06%. One might almost suspect it enjoys making the others look bad.
After a rather theatrical faux pas-a false breakout below the support of $107,389-BTC has resumed its ascent like a well-bred gentleman retreating from an embarrassing dance step.
If the insignificant little candlestick decides to shut its eyes peacefully around current prices or above, and spares us a long wick (the market’s version of a bad hair day), the upward promenade toward $114,000 could proceed with aplomb.
At press time, Bitcoin sups languidly at $110,253, raising a monocle in approval.
ETH/USD
Ethereum (ETH), alas, has refused to take the hint from Bitcoin’s gallant rally, slipping 1.17% since yesterday. One wonders if it recently misplaced its lunch money.
Its price remains stuck within yesterday’s bar, that ambiguous zone where neither buyer nor seller dares to raise an eyebrow. Volume is low-hardly anyone showing up for the party, which suggests sideways shimmying around current prices is the most dignified course of action.
Ethereum lounges at $4,383, counting the minutes.
XRP/USD
XRP could be accused of having taken a sabbatical-it has barely budged in the past 24 hours. One suspects even the coin itself is bored of this monotony.
The daily chart shows a modest rebound from the support of $2.7280, but buyers appear to be conserving their energy, perhaps for a longer nap or an even longer climb. Expect consolidation in the cozy $2.80-$2.90 range until the week’s curtain falls.
XRP sits at $2.8078, nursing a cup of weak tea.
ADA/USD
//u.today/sites/default/files/inline-images/ada_299.png”/>
Neither bullish nor bearish-a perfect undecided stance. ADA is comfortably nested within yesterday’s candle, like a cat unwilling to pick a side in a game of mouse and hound. Volume falls, confirming trader ennui, and thus, dramatic fireworks remain unlikely.
ADA tiptoes along at $0.8199, perhaps pondering the mysteries of human indecision.
BNB/USD
Binance Coin (BNB), that intrepid native exchange token, has slipped modestly by 0.84%. It might be considered the market’s equivalent of someone who’s just used up their last shred of enthusiasm.
Far from the main levels and wallowing in low volume, BNB encourages us to settle for a dull but safe sideways shuffle between $840 and $860.
Currently, BNB rests at $851, perhaps planning its next smoky exit.
SOL/USD
Solana (SOL) claims the dubious honor of today’s most buoyant, popping upward by a sprightly 1.37%. Bravo, SOL, for extra effort in the languid crypto ballet.
Technically, no side holds the reins. The crucial zone to eye is $200-where fortunes might be made or lost like a gentleman’s wager at a smoky club. Above this mark, upward movement is possible. Should the buyers trip and tumble below it, expect a correction down to $190-a gentlemanly retreat.
SOL parades at $202.71, monocle suitably adjusted.
Read More
- Brent Oil Forecast
- Gold Rate Forecast
- TAO PREDICTION. TAO cryptocurrency
- POL PREDICTION. POL cryptocurrency
- OP PREDICTION. OP cryptocurrency
- Silver Rate Forecast
- USD PKR PREDICTION
- USD VND PREDICTION
- EUR PHP PREDICTION
- BCH PREDICTION. BCH cryptocurrency
2025-09-02 15:26