{"id":28280,"date":"2021-12-05T02:36:16","date_gmt":"2021-12-05T01:36:16","guid":{"rendered":"https:\/\/thecryptowolf.net\/2021\/12\/05\/price-analysis-of-bitcoi-ethereum-polkadot-d1softballnews-com\/"},"modified":"2021-12-05T02:36:16","modified_gmt":"2021-12-05T01:36:16","slug":"price-analysis-of-bitcoi-ethereum-polkadot-d1softballnews-com","status":"publish","type":"post","link":"https:\/\/thecryptowolf.net\/2021\/12\/05\/price-analysis-of-bitcoi-ethereum-polkadot-d1softballnews-com\/","title":{"rendered":"Price analysis of Bitcoi, Ethereum, Polkadot – D1SoftballNews.com"},"content":{"rendered":"
<\/div>
[ad_1] \n<\/p>\n
\n
Bitcoin analysis<\/h2>\n
The price of Bitcoin closed the daily candle on Tuesday doing a small step back [-907 dollari]. <\/b>The price of BTC continues to struggle to break out of $ 58,323, while maintaining that level and successfully closing above that level on the daily time frame \u2013 that level is critical for market participants on the BTC 4HR chart.<\/p>\n
<\/p>\n
PeterLBrandt\u2019s BTC \/ USD 1W chart below allows traders to visualize Bitcoin\u2019s strength and painted parabolic curve back to its December 2018 low.<\/p>\n
<\/p>\n
Bullish bitcoin traders point to this parabolic curve, and the duration of this pattern is further evidence that the upside is coming for bitcoin before this bullish cycle is over.<\/p>\n
<\/picture>The parabolic curve of Bitcoin<\/figcaption><\/figure>\n
The Fear and Greed Index<\/b> And 34 Fear<\/b> And -6<\/b> from yesterday\u2019s reading of 40 Fear<\/b>.<\/p>\n
<\/picture>The Fear and Greed index is still in the fear zone<\/figcaption><\/figure>\n
Bitcoin is trading below its 50 Day MA <\/b>[57.468 dollari] at the time of writing, but above its 100 Day MA [50.353 dollari] and above its 200 Day MA [48.699 dollari].<\/p>\n
BTC\u2019s 24-hour price range is $ 56,157 \u2013 $ 59,184 and the 7-day price range is $ 53,827 \u2013 $ 59,206. Bitcoin\u2019s 52-week price range is $ 17,764 \u2013 $ 69,044.<\/p>\n
The price of bitcoin on this date last year was $ 18,857.<\/p>\n
The average price of BTC over the past 30 days is $ 60,773.<\/p>\n
Bitcoin for the first time on Tuesday [-1.57%] closed its daily candle with a worth 56,938 dollars <\/b>and in red numbers in four days.<\/p>\n
Ethereum analysis<\/h2>\n
Ether\u2019s price action diverged from that of BTC on Tuesday and closed its daily candle at + $ 188.4.<\/b> There dominance of Ethereum is also at its highest level <\/b>since the beginning of 2018 and constitutes the 20% of the aggregate capitalization d<\/b>el the cryptocurrency market at the time of writing.<\/p>\n
The ETH \/ USD 1D chart below CRYPTOPICKK shows overhead targets for Ether bulls at 1 [4.686 dollari] and 1.618 [6.533,76 dollari].<\/p>\n
<\/picture>The Ethereum Bulls are aiming for $ 6,500<\/figcaption><\/figure>\n
Ether is trading above all major moving averages, the 50 Day MA [$3.998], the 100 Day MA [$3.476] and the 200 Day MA [$2.906].<\/p>\n
The 24-hour price range of ETH is $ 4,372 \u2013 $ 4,740, and the 7-day price range is $ 4,021- $ 4,683. Ether\u2019s 52-week price range is $ 541.28 \u2013 $ 4,878.<\/p>\n
The price of ETH on this date in 2020 was $ 589.58.<\/p>\n
The average price of ETH over the past 30 days is $ 4,433.<\/p>\n
Ether [+4.24%] <\/b>closed its daily candle on Tuesday, worth $ 4,631.22 for a fourth consecutive day in green figures.<\/p>\n
DOT analysis<\/h2>\n
Polkadot\u2019s price continued its march towards higher prices Tuesday and closed its daily candle at + $. 77.<\/b><\/p>\n
The 4-hour DOT \/ TetherUS chart below from Andy1GP shows the most important goals for DOT market participants.<\/p>\n
Polkadot\u2019s bulls are hoping to keep the 0.38 fib level [$39.60] and turn it over for support. Above that price, the following targets for DOT bulls are 0.5 [$42.14] and 0.618 [$44.84].<\/p>\n
Conversely, DOT\u2019s bearish traders are looking for a break of 0.236 [$36.67] and send DOT\u2019s price lower than it has been since making its most recent all-time high of $ 54.98 [27 giorni fa].<\/p>\n
Despite being + 18% over the past 90 days, DOT is trading below its 50 day moving average [$40.25]. The price of DOT is still above its 100-day moving average [$31.96] and its 200-day moving average [$30.98].<\/p>\n
DOT\u2019s 24-hour price range is $ 35.55 \u2013 $ 39.07, and its 7-day price range is $ 33 \u2013 $ 40.89. Polkadot\u2019s 52-week price range is $ 4.61 \u2013 $ 54.98.<\/p>\n
Polkadot\u2019s price on this date last year was $ 5.10.<\/p>\n
The average price of DOT over the past 30 days is $ 44.36.<\/p>\n
Polkadot [+2.08%]<\/b> ended the daily candle on Tuesday with a value of $ 37.88 for the fourth consecutive day.<\/p>\n<\/div>\n
![\"Price](\"https:\/\/cryptonomist.ch\/wp-content\/uploads\/2021\/12\/gold-bitcoin1.jpg\" "\\"Price")
<\/div>![\"Bitcoin](\"https:\/\/cryptonomist.ch\/wp-content\/uploads\/2021\/12\/01-trading-011221.png\")
<\/picture>![\"Bitcoin](\"https:\/\/cryptonomist.ch\/wp-content\/uploads\/2021\/12\/02-trading-011221.png\")
<\/picture>![\"Ethereum](\"https:\/\/cryptonomist.ch\/wp-content\/uploads\/2021\/12\/03-trading-011221.png\")
<\/picture>![\"Polkadot\"](\"https:\/\/cryptonomist.ch\/wp-content\/uploads\/2021\/12\/04-trading-011221.png\")
<\/picture>![\"Bitcoin](\"https:\/\/cryptonomist.ch\/wp-content\/uploads\/2021\/12\/01-trading-011221.png.webp)
<\/picture>![\"Bitcoin](\"https:\/\/cryptonomist.ch\/wp-content\/uploads\/2021\/12\/02-trading-011221.png.webp)
<\/picture>![\"Ethereum](\"https:\/\/cryptonomist.ch\/wp-content\/uploads\/2021\/12\/03-trading-011221.png.webp)
<\/picture>![\"Polkadot\"](\"https:\/\/cryptonomist.ch\/wp-content\/uploads\/2021\/12\/04-trading-011221.png.webp)
<\/picture>