Bitcoin (BTC) rejection near the highest level at the beginning of the week could attract a profit reservation by miniature -term traders. Although the price has dropped nearly USD 68,000, the analysts remain positive in the markets. They expect Bitcoin to find support from 65,000 to 68,000 USD.

Elections in the United States are another main trigger of cryptocurrency markets. In a market report, the head of research Falconx David Lawant said that variability may augment if “the results are too close to achieve the result.”

The president and general director of Wonderfi, Dean Suurka, said in an interview with Cointelegraph that the price of Bitcoin will probably augment in the long term, regardless of the election results. Skurka believes that interest rates in the USA and Canada can drive bitcoins higher in the next 6-24 months.

The closest mood of investors can improve if Bitcoin increases above USD 70,000. This can augment your purchase in selected altcoins. Let’s analyze the 5 best cryptocurrencies that look mighty on the charts.

Bitcoin prices analysis

The Bitcoin struggle has reached a 20-day interpretation average (USD 68,194), which is a key support to be careful in the near future.

If the price reflects from a 20-day EMA and increases above USD 70,000, it signals that the buyers are trying to return. The BTC/USDT pair can collect up to USD 72,000, and then to 73 777 USD. Sellers are expected to defeat the zone from 72,000 to 73,777 USD rapidly, but if the bulls prevail, the couple may start a modern trend towards the target target 93 554 USD.

Bears will have to jerk and maintain a price below 20-day EMA to annul the stubborn view. The steam can then immerse themselves in a 50-day straight movable average (USD 65 002).

The couple burst below the growth line, which indicates that the bears have an advantage. Buyers will try to push back the price above the growth line, but they will probably encounter solid resistance from the sellers.

If the price drops from the persistent line, it signals that the bears have converted the level into resistance. This increases the risk of a decline to USD 65,000.

This negative view will be annulled in the near future if the price increases above USD 70,000. The couple could then augment to $ 72,000.

Analysis of ether prices

Ether (ETH) fell into the support line of the symmetrical triangle pattern, which can attract buyers.

If the price goes from the support line and increases above 20-day EMA (USD 2540), it signals that the ETH/USDT pair may augment to the triangle resistance line. This is an significant level to be careful because it is approaching, it can start traffic in the direction of $ 3,400. The level of USD 2850 may act as resistance, but it will probably be exceeded.

The triangle will be resolved in favor of bear if the price breaks and closes below the support line. This may start a decrease to USD 2150 and ultimately to USD 2111.

Bulls are trying to defend the support line. The first sign of strength will be a break and closes above 50. If this happens, the couple may augment to $ 2,600, and then to the resistance line.

On the contrary, if he rejects the rejection from the average movable, it indicates that the bears are controlled. This increases the ability to break below the support line. The couple can then dive up to USD 2310.

List price analysis

Dogecoin (Doge) rejected from 0.18 USD on October 30 and reached the 20-day EMA (0.14 USD) on November 3.

Traders usually buy a decrease to a 20-day EMA. If the price reflects from the 20-day EMA, Bulls will again try to bring a pair of dog/USDT above 0.18 USD resistance. If they do this, the couple can collect up to USD 0.21.

And vice versa, if the price drops and maintains below 20-day EMA, suggests that Bulls surrendered. The steam can then fall to 50-day SMA (0.12 USD), which can attract buyers.

The couple tries to find support on the Uptrend line. If the price reflects from the growth line and increases above the downward line, it means that withdrawal may end. The couple can try to rally up to USD 0.18. A break and closing above USD 0.18 can start the next stage of the upward trend.

Contrary to this assumption, if the price breaks below the growth line, the couple may go down to 0.13 USD, and then to 0.12 USD.

Related: Here’s what happened today in Crypto

Litecoin price analysis

Litecoin (LTC) is growing in the pattern of a growing channel, signaling a miniature advantage for buyers.

Traders buy a decrease in the support line and sell near the resistance line in the growing channel. If the price appears from the support line and increases above 20-day EMA (USD 69.65), it will open the door to the rally to the retaining line near $ 77. This level will probably attract sales by bears.

On the other hand, if the price breaks and closes below the support line, it will signal a miniature -term change of trend. The LTC/USDT pair can move to $ 62, and then to $ 59.

The 4-hour chart shows that the pair falls into a falling channel pattern. The price has reached a support line in which the buyers will probably enter. Each recovery attempt is to be sold on 20. If the price drops with 20, it will mean sales at rallies. The break and closing below the support line can sink a pair to 62 USD.

Buyers will have to run and maintain a price above 50-SMA to suggest that sales pressure is decreasing. The couple can then rise to the resistance line.

Price analysis of the token monero

Monero (XMR) has been trading in a gigantic extent from 135 to 180 USD for several days, which indicates the purchase of dips and sales at rallies.

The price dropped below the average walking on October 31, but the bulls did not raise many lands for bears. This suggests that sales will parched at lower levels. Buyers are trying to postpone the price above the following average. If they succeed, the XMR/USDT pair may augment to 166 USD. The break above this level can resume the journey to USD 180.

This hopeful view will be negated in the near future if the price drops and breaks below USD 150. This can attract a price to $ 144, and then to USD 135.

The couple got stuck in a miniature circuit from 153 to 165 USD. If the buyers exceed the price above 50-SMA, the couple may try to augment above USD 165 again. Closing over this resistance can lead a pair to 170 USD, and later to USD 180.

Instead, if the price stays below 20, the pair may drop to USD 153. The break and closing below this support signals the bear’s advantage. This can start down to $ 148.

This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.