Price analysis 11/27: BTC, ETH, SOL, BNB, XRP, DOGE, ADA, AVAX, TON, SHIB
Bitcoin rebounded from a low of $90,791 on November 26, and crossed above $96,000 on the 27th. Analysts are split on Bitcoin's prospects; some suggest a potential rally to $100K, while others anticipate a 30% correction before a peak. For Bitcoin to continue upwards, it must maintain its position above the uptrend line, with targets set at $113,331 and $125,000. Ether also showed positive movement, breaking above its downtrend line with potential resistance near $3,900. Solana managed to hold support at its 20-day EMA, aiming toward resistance at $264. BNB hovered near its 50-day SMA, with significant resistance at $635. XRP saw bullish movement above $1.28, looking to breach $1.50. Dogecoin traded near $0.35, showing signs of support, while Cardano found support at $0.86. Avalanche faces resistance at $45, and Toncoin bounced off its 20-day EMA, paving the way for a possible rise above $6.60. Shiba Inu remains in a tight range but shows potential for upward movement if it breaks past $0.000030. Each cryptocurrency faces its unique technical challenges as market trends continue to evolve.
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