The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
All Alt Coin

Bitcoin Cash, MATIC, SUSHI Price Analysis: 25 November

by Miki 11/25/2021
by Miki 11/25/2021 0 comment

The broader market finally showed signs of a comeback as several cryptos traded in the green zone in the last 24 hours. As a result, Bitcoin Cash and MATIC registered double-digit gains after touching their multi-week lows on 18 November. 

However, SUSHI Continued with its downturn while its bulls failed to show any revival signs.

Bitcoin Cash (BCH)

Source: TradingView, BCH/USDT

After a 46.9% October and early November rally, the altcoin touched its nine-week high on 10 November. However, the bears showed resistance at the upper channel. They initiated a 25.8% retracement as BCH hit its three-week low on 18 November. 

The altcoin showed robust revival signs as it recovered from the slump. Over the past week, BCH bulls ensured support at the $553-mark. Also, they initiated an upswing on increasing trading volumes. This rally triggered an over 15% incline since 18 November. Consequently, the price traded above its 4-hour 20-50-200 SMA at $626.6. 

Now, the near-term technicals displayed a bullish preference. The RSI stood strong in the overbought region. Further, the DMI confirmed the bullish vigor while the AO noted higher peaks on its histogram.

MATIC

Source: TradingView, MATIC/USDT

Like most cryptos, MATIC witnessed a staggering October. The digital token grew by over 85% from 12 October to 29 October. As a result, the price poked its 5-month high on 29 October. After which, the bears showed sustained resistance at $2.093 as the price withdrew.

Over the next month, the token lost over one-third of its value while the price traversed in a down channel (white). As a result, the price touched its one-month low on 18 November. 

However, over the past week, MATIC saw a promising comeback. At press time, MATIC traded at $1.786 after noting a 21.5% gain over the last week. The RSI was above the middle line in the display of a powerful bullish influence. Also, AO readings visibly favored the buying pressure. Nevertheless, the ADX displayed a slightly weak directional trend.

SushiSwap (SUSHI)

Source: TradingView, SUSHI/USDT

Sine 23 September, the SUSHI’s price action undertook a bullish trajectory as the price bounced between the two parallel lines heading north. The digital currency noted a 31.92% ROI from 23 September to 2 November. Consequently, SUSHI reached its seven-week high on 2 November.

Since then, however, the altcoin consistently downturned as it saw a steep plunge after the bulls lost their ground. This downfall led the price action to touch its four-month low on 25 November. The altcoin saw a 4.43% decline in 24 hours as technicals hinted at increased selling strength in the near term. At press time, MATIC traded at $7.9. 

The RSI stood at the 35-mark and showed no revival signs. Also, DMI visibly chose the sellers and also displayed a high directional trend. Additionally, AO reaffirmed the previous observations by flashing red signals.

Source link

Views: 6
AnalysisBitcoinCashMaticNovemberpriceSUSHI
Share
0
FacebookTwitterPinterestEmail
previous post
eToro Delists Cardano and TRON for US Users Amidst Regulatory Issues
next post
Stripe Could Resume Bitcoin Payments, after it Suspended the Service for 3 Years

Related Posts

Are Solana’s bulls really strong enough to halt...

12/29/2021

IXFI Announces Launch of New-Age Exchange Platform

12/29/2021

Litecoin repeating history will have this effect on...

12/28/2021

More than just a game – what GameFi...

12/28/2021

Even as network hits one million users, FTT...

12/28/2021

Fintech Expert Makes Six Bold Predictions for Crypto...

12/28/2021

A recovery rally in play for Sushiswap, as...

12/28/2021

SEC Accused of Deliberately Trying to ‘Kill’ XRP...

12/28/2021

Recent gains may finally boost Aave’s dominance in...

12/28/2021

Santa Floki Price Rallies 5,000% after Elon Musk’s...

12/28/2021

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

For security, use of Google's reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.

I agree to these terms.

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

    12/29/2021
  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

    12/29/2021
  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

    12/29/2021
  • Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

    12/29/2021
  • Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

    12/29/2021

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)

About Us

About Us

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, blockchain, Market, and more.

Featured Posts

  • Dogecoin, XRP, Binance Coin Price Analysis: 09 June

  • 7 NFT Markets Saw Over $356M in Monthly Value Transferred — Opensea, Axie Infinity Eclipse Competition – Blockchain Bitcoin News

  • Crypto Market’s Sharp Price Retrace Leads to $500 Million in Liquidation, Here’s the Catalyst

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)
  • Facebook
  • Instagram
  • Linkedin
  • Contact
  • Privacy Policy
  • Terms & Conditions

@2021 -thecryptonewsweb.com - All Right Reserved.

The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
  • RelevantRelevant(REL)$0.825.35%
  • Heart NumberHeart Number(HTN)$0.000553-30.47%
  • TadpoleTadpole(TAD)$7.32-1.76%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184214-2.17%
  • SakeTokenSakeToken(SAKE)$0.0127234.37%
  • WTF TokenWTF Token(WTF)$0.0113500.16%
  • BNSD FinanceBNSD Finance(BNSD)$0.005460-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003681-6.85%
  • lympoLympo(LYM)$0.004392-4.43%
  • Falcon ProjectFalcon Project(FNT)$0.000366-2.23%
  • DYORDYOR(DYOR)$0.00002020.53%
  • TICOEX TokenTICOEX Token(TICO)$0.0013640.52%
  • MMS Cash TokenMMS Cash Token(MCASH)$1.000.00%
  • bitcoinBitcoin(BTC)$29,150.00-3.10%
  • ethereumEthereum(ETH)$1,954.94-4.60%
  • tetherTether(USDT)$1.00-0.07%
  • usd-coinUSD Coin(USDC)$1.00-0.18%
  • binancecoinBNB(BNB)$296.16-1.68%
  • rippleXRP(XRP)$0.404569-5.60%
  • Binance USDBinance USD(BUSD)$1.000.00%
  • cardanoCardano(ADA)$0.51-9.88%
  • SolanaSolana(SOL)$50.78-9.42%
  • dogecoinDogecoin(DOGE)$0.084845-5.54%
  • polkadotPolkadot(DOT)$9.61-9.32%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$29,183.00-2.91%
  • Lido Staked EtherLido Staked Ether(STETH)$1,922.34-4.64%
  • AvalancheAvalanche(AVAX)$29.06-14.29%
  • tronTRON(TRX)$0.071628-0.63%
  • VectoriumVectorium(VECT)$425.81-3.49%
  • Shiba InuShiba Inu(SHIB)$0.000012-6.92%
  • daiDai(DAI)$1.00-0.14%
  • Power CashPower Cash(PRCH)$0.017570881.24%
  • AlexAlex(ALEX)$0.068435-0.04%
  • leo-tokenLEO Token(LEO)$5.10-0.18%
  • litecoinLitecoin(LTC)$67.63-7.34%
  • CronosCronos(CRO)$0.186618-6.27%
  • LADZLADZ(LADZ)$0.0686894.36%
  • matic-networkPolygon(MATIC)$0.63-10.79%
  • FTX TokenFTX Token(FTT)$30.25-3.73%
  • HederaHedera(HBAR)$0.389473-3.44%
  • NEAR ProtocolNEAR Protocol(NEAR)$5.83-10.88%
  • RareRare(RARE)$0.0461220.00%
  • bitcoin-cashBitcoin Cash(BCH)$188.26-7.73%
  • chainlinkChainlink(LINK)$6.86-9.36%