Bitcoin SV, Monero, BAT Price Analysis: 23 September – AMBCrypto English

September 23, 2020 By admin

Bitcoin Dominance rose to 61.66 and could rise to 64 in the coming weeks and at press time the world’s largest cryptocurrency is being traded at $10,436.

Source: CoinStats

Altcoins like  Bitcoin SV could be set to bounce off a level of support but was more likely to sink beneath the same level in the near-term. Monero showed its uptrend was at an end and could lose a level of support while BAT showed indecisiveness in the near-term but was likely to be headed south.

Bitcoin SV [BSV]

Bitcoin SV, Monero, BAT Price Analysis: 23 September

Source: BSV/USDT on TradingView

Bitcoin SV has been in a downtrend since the early August highs at $260. It continued to register lower highs and was trading just above the level of support at $151.

MACD was beneath the zero line and had formed a bullish crossover recently. This is not necessarily a buy signal, although scalping trades can be placed. It would be safer to wait for a bearish crossover before looking to short the price.

A longer-term Source…