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BTC, ADA and DOGE Price Analysis for September 11

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Sat, 11/09/2021 - 15:37
BTC, ADA and DOGE Price Analysis for September 11
Cover image via www.tradingview.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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The weekend has begun with a neutral mood on the market as some coins are in the green zone while the others remain in the red.

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Top coins by CoinMarketCap

BTC/USD

The chief crypto has grown by almost 1% over the last day.

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BTC/USD chart by TradingView

Bitcoin (BTC) could not update the local low at $42,900, which confirms bulls' power. At the moment, one needs to pay close attention to the level of the most liquidity at $46,500.

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If buyers can break it, there is a high possibility of a rise to $50,000 next week.

Bitcoin is trading at $45,700 at press time.

ADA/USD

Cardano (ADA) is the biggest gainer from the list, rising by 2.26% since yesterday.

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ADA/USD chart by TradingView

Cardano (ADA) has bounced off the level of $2.40 and is about to reach $2.60 soon. However, the growth is not supported by a high trading volume, which means that traders are accumulating power for a further price blast.

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If the daily candle closes above yesterday's high, ADA may get to $2.831 within the next few days.

ADA is trading at $2.569 at press time.

DOGE/USD

DOGE is the biggest loser from the list, going down by 2.12%.

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DOGE/USD chart by Trading View

Despite the fall, DOGE has not updated the support level at $0.2332, which also confirms the willingness of sellers to inspire a bounceback. If the rise continues, the altcoin may come back to $0.2612 soon.

DOGE is trading at $0.2441 at press time.

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