Tags: Bitcoin Price, Crypto Market
bitcoin, Puerto Rico-based Arival Bank Integrates Crypto Exchanges

Cryptos Prices Analysis: BTC, ETH, DOGE, ADA, LUNA, SOL

ProShares started trading ETF on the NY Stock Exchange on October 19, under the ticker BITO. Market participants are likely to closely monitor ETF tribes to assess the amount of institutional investor participation. According to the latest report from CoinShares, institutional inflows into crypto products have raised the total assets of institutional managers to $72.3 billion. Can the ETF boost sentiment and increase Bitcoin if short-term traders book a profit? How can this affect other cryptos prices? Let’s dive in.

BTC/USDT

Bitcoin has been experiencing particularly positive growth over the last few days. The most popular digital currency was valued at $62,933 on October 18.

If sellers reduce the price to $58,963, the BTC/USDT pair could fall to $55,118. The intense backlash from this support indicates that the mood is still positive, and traders are buying Bitcoin at a diplomatic price. If the positive change in Bitcoin continues, the trend may first exceed $70,000 and then $75,000.

ETH/USDT

The bears aired Ether again on October 18. Rising moving averages indicate that buyers have an advantage. If the price strengthens from the 20-day EMA, it suggests that traders will continue to accumulate on diplomacy. Further buyers make another attempt to release the barrier for $4,027.88.

If they succeed, the ETH/USDT pair can reach the all-time high again at $4,372.72. However, in the case of negative dynamics, its value can be $3,200.

DOGE/ADA

The bears dropped the DOGE average price to $0.23. On October 18, a strong buy fell above the DOGE drop line. Analysts predict that the DOGE/USDT pair will still fail to $0.21. If buyers keep the price above the drop line, it indicates that the pair may then rise to $0.32, followed by an increase to $0.35.

As for the ADA, it is suggested that the ADA/USDT pair may experience a drop to $1.87. However, if the rate remains positive, it may rise to $2.80.

LUNA/SOL

The LUNA sign of the 20-day EMA, 38.13 USD, could not be crossed in the past few days, which indicates that the mood has become negative. The bears will now try to keep the price below $36.38 below the 50-day SMA. If the price drops to $34.86, the LUNA/USDT pair could fall to $32.34.

The bulls will have to push the price above the 20-day EMA to indicate that an adjustment may be completed.

SOL has been keeping above the drop line for the last three days. If the bears maintain the price, the SOL/USDT may fall to $137.61. Conversely, if the price recovers from the current level and stays above $167.65, it indicates that the pair can then reach the $177.80 level.

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