Crypto Price Analysis 08/28 : BTC, ETH, ADA, BNB, SOL, ICP XTZ

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Crypto Price Analysis

Over the last seven days, crypto marketcap attempted but failed to maintain a market cap of more than $2 trillion. The market capitalization of cryptocurrencies fell by over $300 million in a single day, to $1.7 trillion.

ETH Price Analysis

The price range for Ethereum over the next seven days is $3200-$3550, based on current market sentiment and some technical analysis. The current support and resistance levels for Ethereum are $3200 and $3550 respectively. In the event of a significant market sell-off, the price of Ethereum will likely revert. 3200- 3000 dollars

BTC Price analysis

BTC is currently trading at $49001. The price range for Bitcoin in the coming days is $4600k- $50.5k, based on current sentiment and technical analysis.
In the event of a major sell-off, Bitcoin may revert to $44,000.

SOL Price analysis

Solano(SOL) is currently trading at $94.97. The price range for SOL in the coming days is $85-$100 based on the technical analysis.

ICP Price Analysis

Internet Computer (ICP) is currently trading at $66.56. The price range for ICP in the coming days is $62-$68 based on the current market sentiment.

ADA Price Analysis

The price of ADA is currently $2.83. Cardano's price range for the next 7 days is $2.78-$3.0 based on the current fear and greed index. Cardano may experience a retracement to $2.5 in the near future.

BNB Price Analysis

Binance (BNB) is currently trading at $488.31. The price range for BNB over the next 7 days is $470-$500, based on current market sentiment and technical analysis. In the event of a significant price drop, BNB could be retouched to $440.

Tezos Price Analysis

Tezos (XTZ) is currently trading at $5.13. The price range for XTZ over the next 7 days is $4.4-$5.6, based on current market sentiment and technical analysis.

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The viewpoints and opinions expressed here are solely those of the author and do not necessarily represent the views of Cryptostec. Any investment and trade move involves risk. When you make a decision, you can do your own analysis.

Author

  • Zarihoun Traore

    Hello, I'm Zarihoun Traore, the founder and driving force behind Cryptostec. With over nine years of experience in the crypto, financial, and payment sectors, I have dedicated my career to understanding and navigating these dynamic industries. My journey has taken me through a variety of roles and projects, from SaaS and Fintech startups to casino brands, each contributing to the depth of knowledge I share with you today.My JourneyI have had the privilege of presenting at prominent events like CryptoFinance and attending numerous key conferences such as Websummit, Paris Blockchain Week, and iFX EXPO. These experiences have been invaluable, allowing me to engage with industry leaders, stay ahead of emerging trends, and bring back insights that shape the content you find on Cryptostec.

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