Price analysis 11/24: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, CRO

Price analysis 11/24: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, CRO

Cryptocurrency51 minutes ago (Nov 25, 2021 03:40PM ET)

Bitcoin (BTC) and most major altcoins continue to be pinned below their respective overhead resistances, indicating that bears are selling on rallies.

According to Ki Young Ju, CEO of on-chain analytics firm CryptoQuant, “whales are depositing Bitcoin to exchanges.” Curiously, the outflows from the exchanges have also continued and due to this, the reserves are still hovering close to their lowest levels since mid-2018.

Daily cryptocurrency market performance. Source: Coin360BTC/USDT daily chart. Source: TradingViewETH/USDT daily chart. Source: TradingViewBNB/USDT daily chart. Source: TradingViewSOL/USDT daily chart. Source: TradingViewADA/USDT daily chart. Source: TradingViewXRP/USDT daily chart. Source: TradingViewDOT/USDT daily chart. Source: TradingViewDOGE/USDT daily chart. Source: TradingViewAVAX/USDT daily chart. Source: TradingViewCRO/USDT daily chart. Source: TradingView

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Price analysis 11/24: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, CRO

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