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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

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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
Top coins by CoinMarketCap

BTC/USD

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

BTC/USD chart by TradingView
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.

ADA/USD chart by TradingView
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%.

DOGE/USD chart by Trading View
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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