Thursday, May 12

September 1 Crypto Market Review: Bitcoin and Altcoin Daily Analysis

In our September 1 crypto market content, you can find the current numbers of the market and the top 4 cryptocurrency support resistance levels.

AnalysisAltcoin AnalysisBitcoin Analysis
By Coin Analista
September 1 crypto

The current figures of the September 1 crypto markets are as follows:


According to the price movement of the last 24 hours, the top 4 coins had an average return of 1.54 percent. Chainlink (LINK) is down 5 percent. Ethereum (ETH), on the other hand, took off, with a 7.5 percent return to over $450. The upward momentum to the Ethereum market was continuing in the morning hours.

The price movements of the first 4 cryptocurrencies (excluding Tether) that dominate the crypto market in the last 24 hours are as follows:

September 1 support-resistance levels (top 4) and daily analysis

BTCUSDT

Resistance 3 Resistance 2 Resistance 1 Pivot Support 1 Support 2 Support 3
       11.903,33        11.815,47        11.761,19        11.673,33        11.585,47    11.531,19        11.443,33

Bitcoin (BTC) found buyers at $11,500 on the first day of September. Fast-rising BTC is making a jump towards $12,000 again. Today, staying above $11,800 for BTCUSDT is extremely important for bullish.

ETHUSDT

Resistance 3 Resistance 2 Resistance 1 Pivot Support 1 Support 2 Support 3
             451,33              443,31              438,36              430,33              422,31          417,36              409,33

Ethereum started the month very fast. The uptrend started at $375 and accelerated on the first day of September. Ethereum, which has exceeded $450, has thus entered the path of $500. However, it is important that the ETHUSDT pair remains above $450 today.

XRPUSDT

Resistance 3 Resistance 2 Resistance 1 Pivot Support 1 Support 2 Support 3
0,2875 0,2853 0,2839 0,2816 0,2794 0,2780 0,2758

XRP is also among the altcoins that started September fast. XRPUSDT, which has risen from 25 cent levels, is likely to settle in the 30 cent band as long as it remains above $0.2875 today.

LINKUSDT

Resistance 3 Resistance 2 Resistance 1 Pivot Support 1 Support 2 Support 3
                17,32                 16,86                 16,58                 16,11                 15,65            15,37                 14,90

Chainlink lost 5 percent yesterday. Today, it is trying to get back yesterday’s losses with the market rise. If LINKUSDT could break into the $17 band, a jump towards $20 could be seen this week. In the lower region, $16.1 is an important support.

Read the latest news, follow the analysis and enjoy the crypto.

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Disclaimer: The information in the content is not an investment advice. Author and coinalways.com are not responsible for your profit or loss. Every investment involves risks and requires knowledge.

Coin Analistahttps://coinalways.com
Building his career on finance and banking, the veteran analyst decided to devote his experience to cryptocurrencies and forex. Co-founder @ Coin Always.

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