Bitcoin Price and Ethereum Unchanged, Chiliz Rockets 16%

Crypto Update
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Bitcoin It was mostly unchanged on Nov 16 as it continued to consolidate below the 23.6% Fib retracement level at $17,200, which is now acting as resistance. EthereumThe second most valuable cryptocurrency is also trading sideways in the price range of $1,200 to $1,285.

Major cryptocurrencies were trading in the green globally as early as Nov 16 crypto market cap The previous day increased by over 0.50% to $847 billion. In the last 24 hours, the crypto market volume has increased by 25% to $62.50 billion.

The total DeFi volume currently stands at $3.86 billion, which accounts for over 6% of the total crypto market 24-hour volume. The total volume of all stable coins is now $58 billion, which is 93% of the total 24-hour volume of the crypto market.

Let’s take a look at the top altcoin gainers and losers over the past 24 hours.

Top Altcoin Pros and Cons

Chile (CHZ)Stack (STX), and Algorand (ALGO) Here are three of the top 100 coins that gained price in the last 24 hours. The price of CHZ is up more than 16% to $0.2325, the price of STX is up more than 12% to $0.2480, and the price of ALGO is up almost 12%.

Top Altcoin Advantages and Disadvantages – Source: Coin360

Trust Wallet Token (TWT) It has fallen over 16% in the last 24 hours to trade at $1.89. Helium (HNT) is trading at $2.45, down more than 5% in the past 24 hours.

bitcoin price

The current price of bitcoin is $16,892, with a 24-hour trading volume of $35 billion. Bitcoin has gained less than 1% in the past 24 hours. coinmarket cap Currently ranked first with a live market cap of $324 billion, down from $352 billion.

It has a maximum supply of 21,000,000 BTC coins and a circulating supply of 19,208,587 BTC coins.

Bitcoin Price and Tokennomics – Source: Coinmarketcap

Not much has changed in the technical aspects of bitcoin, as it is still trading similar to our previous bitcoin price prediction,

Bitcoin is consolidating in a wide trading range between $18,000 and $16,000, with a breakout likely to determine future price action. Bitcoin completed a 38.2% Fibonacci retracement level at $18,100 on the 4-hour time frame and is now bullish. There was a positive crossover when the price climbed above $18,100.

At this level, bitcoin price may come in contact with the 61.8% Fibonacci retracement level of $19,350. If bitcoin fails to break the 38.2% Fibonacci retracement level of $18,250, it could decline further below $15,965.

Bitcoin Price Chart – Source: Tradingview

The MACD, a forward-looking technical indicator, has crossed into the buy zone, while the 50-day moving average and the Relative Strength Index (RSI) remain bearish. If bitcoin sustains a close below $18,000, the currency is likely to continue declining; $16,000 and $15,850 are the nearby support levels.

ethereum price

current price of Ethereum $1,256, with a 24-hour trading volume of $11 billion. In the past 24 hours, Ethereum is up less than 0.50%. With a live market cap of $153 billion, Coinmarketcap currently ranks second. It has a circulating supply of 122,373,866 ETH coins and no maximum supply.

Ethereum Price and Tokennomics – Source: Coinmarketcap

On the daily chart, there has been a bullish retracement, and Ethereum Has reclaimed the $1,262 level. The 50-day moving average is providing support as an immediate level of resistance for Ethereum. If the bullish crossover sustains above $1,370, the rally could extend towards $1,506 or $1,670.

Ethereum price chart – Source: Tradingview

Support remains near the $1,170 or $1,095 level. If ETH breaks below this level, it has the potential to reach $1,000, or even $881, but that seems unlikely at the moment.

Chili Price Prediction as CHZ Pumps 16%

Chiliz is currently trading at $0.2334 with a 24-hour trading volume of $740 million. Chilli has rallied by more than 16% in the last 24 hours. Coinmarketcap is now ranked #34 with a live market cap of $1.4 billion.
There are 6,086,972,347 CHZ coins in circulation, with a maximum supply of 8,888,888,888 CHZ coins.

CHZ Price and Token Economics – Source: Coinmarketcap

The CHZ/USD pair is in a bullish streak, breaking the key $0.2300 resistance, and by the close of candles above this level there is a potential for an upside move towards the $0.2600 or $0.2840 levels.

Chilies Price Chart – Source: Tradingview

The next level of resistance on the upside lies at $0.3315. CHZ has surpassed its 50-day moving average, which is now supporting the coin at $0.2300 and means that the bullish trend will continue.

On the downside, CHZ/USD may find support near $0.2320, with $0.1810 acting as an important support. Above $0.2300, the bullish bias remains strong.

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Find the best price to buy/sell cryptocurrency

Cryptocurrency Price Tracker – Source: cryptonews

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