bullish

Solana

Bitcoin

Shiba Inu

Bitcoin (<a data-ct-non-breakable="null" href="https://cointelegraph.com/bitcoin-price" rel="noopener noreferrer nofollow" target="null" text="null" title="null">BTC</a>) rose above $66,000 on Sept. 27, indicating that the northward march toward $70,000 has started. The breakout above $65,000 on Sept. 26 boosted buying in the United States-based spot Bitcoin exchange-traded funds, which <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/spot-bitcoin-etfs-largest-daily-inflow-2-months" rel="noopener noreferrer nofollow" target="null" text="null" title="null">saw inflows of $365.7 million</a>, according to Farside Investors data.
The rally is not limited to Bitcoin alone, as select altcoins have also risen sharply from their recent lows. This shows that the sentiment in the cryptocurrency sector has turned positive.
“The likelihood of a Q4 rally is exceptionally high, with gains likely front-loaded,” 10x Research head of research Markus Thielen said in a Sept. 27 report <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/crypto-bull-rally-chances-q4-bitcoin-altcoins-analyst" rel="noopener noreferrer nofollow" target="null" text="null" title="null">viewed by Cointelegraph</a>.
<figure><img alt="Price analysis 9/27: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB" name="" src="https://s3.cointelegraph.com/uploads/2024-09/01923494-c4fe-7648-94db-f71d7f8778f8">
 <figcaption style="text-align: center;">
 Crypto market data daily view. Source: <a data-ct-non-breakable="null" href="https://coin360.com" rel="noopener noreferrer nofollow" target="null" text="null" title="https://coin360.com">Coin360</a>
 </figcaption>
</figure>
Bitcoin’s 12% gain in September easily surpasses the previous best performance of 6.04% in 2016. This is a bullish sign, as whenever Bitcoin has risen in September, it has <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bitcoin-coinbase-premium-returns-btc-price-best-september-ever" rel="noopener noreferrer nofollow" target="null" text="null" title="null">performed exceptionally well in the fourth quarter</a>, as seen in 2015, 2016, and 2023.
Could Bitcoin hang on to its gains in September, boosting further buying in altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
<h2 id="bitcoin-price-analysis">Bitcoin price analysis</h2>
Bitcoin formed an outside-day candlestick pattern on Sept. 26 and rose above the $65,000 resistance, indicating that the bulls have overpowered the bears.
<figure><img alt="Price analysis 9/27: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB" name="" src="https://s3.cointelegraph.com/uploads/2024-09/01923495-7720-7266-b66a-0af1f864f075">
 <figcaption style="text-align: center;">
 BTC/USDT daily chart. Source: TradingView
 </figcaption>
</figure>
If the price maintains above $65,000, it will signal that the bulls have flipped the level into support. That could propel the price to the $70,000 to $73,777 zone, where the bulls are likely to face intense selling pressure.
A break and close below $65,000 will suggest that the bullish momentum is weakening. The advantage will tilt in favor of the bears if they pull the pair below $61,200. Such a move will suggest that the break above $65,000 may have been a bull trap.
<h2 id="ether-price-analysis">Ether price analysis</h2>
Ether (<a data-ct-non-breakable="null" href="https://cointelegraph.com/ethereum-price" rel="noopener noreferrer nofollow" target="null" text="null" title="null">ETH</a>) turned down from the resistance line on Sept. 23 but found support at the moving averages, indicating buying on dips.
<figure><img alt="Price analysis 9/27: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB" name="" src="https://s3.cointelegraph.com/uploads/2024-09/01923496-2f83-7359-a083-7728e032e38c">
 <figcaption style="text-align: center;">
 ETH/USDT daily chart. Source: TradingView
 </figcaption>
</figure>
The upsloping 20-day exponential moving average ($2,529) and the relative strength index (RSI) in the positive territory indicate advantage to buyers. If bulls push and maintain the price above the resistance line, the ETH/USDT pair will complete a symmetrical triangle breakout. This setup has a pattern target of $3,409.&nbsp;
Sellers are likely to have other plans. They will try to fiercely defend the zone between the resistance line and $2,850. If the price turns down sharply from the overhead zone and breaks below the moving averages, it will suggest a range-bound action between $2,111 and $2,850 for a while.
<h2 id="bnb-price-analysis">BNB price analysis</h2>
BNB (<a data-ct-non-breakable="null" href="https://cointelegraph.com/binance-coin-price-index" rel="noopener noreferrer nofollow" target="null" text="null" title="null">BNB</a>) turned down from $616 on Sept. 23, but the bears could not sink the price below the 20-day EMA ($570).
<figure><img alt="Price analysis 9/27: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB" name="" src="https://s3.cointelegraph.com/uploads/2024-09/01923496-d0f8-7174-b745-09f9597456a7">
 <figcaption style="text-align: center;">
 BNB/USDT daily chart. Source: TradingView
 </figcaption>
</figure>
This suggests that the bulls are buying the minor dips. The bulls will make one more attempt to push the price to $635, which may prove to be a formidable hurdle to cross. If the price turns down sharply from $635 and breaks below the moving averages, it will signal that the BNB/USDT pair may extend its stay inside the range.
Contrarily, if buyers do not give up much ground from $635, it will improve the prospects of a breakout. The pair could then rally to $722.
<h2 id="solana-price-analysis">Solana price analysis</h2>
Solana (<a data-ct-non-breakable="null" href="https://cointelegraph.com/solana-price-index" rel="noopener noreferrer nofollow" target="null" text="null" title="null">SOL</a>) has been gradually moving higher toward the overhead resistance of $164, indicating solid demand from the bulls.
<figure><img alt="Price analysis 9/27: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB" name="" src="https://s3.cointelegraph.com/uploads/2024-09/01923497-7fc6-7111-a3fe-30a77dbd1e7d">
 <figcaption style="text-align: center;">
 SOL/USDT daily chart. Source: TradingView
 </figcaption>
</figure>
Sellers had stalled the two previous recovery attempts at $164 hence they will try to do the same again. If the price turns down sharply from the overhead resistance and breaks below the 20-day EMA ($144), it will signal that the SOL/USDT pair may remain inside the lower half of the large $116 to $210 range.
Alternatively, a break and close above $164 will suggest that the pair could move to $190 and after that to the resistance of the range at $210.
<h2 id="xrp-price-analysis">XRP price analysis</h2>
The bulls have failed to push XRP (<a data-ct-non-breakable="null" href="https://cointelegraph.com/xrp-price-index" rel="noopener noreferrer nofollow" target="null" text="null" title="null">XRP</a>) above the $0.60 resistance, but a positive sign is that they have not allowed the price to dip below the moving averages.
<figure><img alt="Price analysis 9/27: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB" name="" src="https://s3.cointelegraph.com/uploads/2024-09/01923498-4405-789e-8672-14ad7f515e01">
 <figcaption style="text-align: center;">
 XRP/USDT daily chart. Source: TradingView
 </figcaption>
</figure>
That increases the possibility of an upside breakout. If that happens, the XRP/USDT pair could rise to $0.64. Buyers may hit a solid barrier at $0.64, but if they bulldoze their way through, the pair could soar to $0.74.
Conversely, if the price turns down and breaks below the moving averages, it will suggest that the bulls have given up. The pair could then slide to the uptrend line and below it to $0.50.
<h2 id="dogecoin-price-analysis">Dogecoin price analysis</h2>
Dogecoin (<a data-ct-non-breakable="null" href="https://cointelegraph.com/doge-price-index" rel="noopener noreferrer nofollow" target="null" text="null" title="null">DOGE</a>) turned up sharply from the 20-day EMA ($0.11) on Sept. 26 and rose above the nearest resistance.
<figure><img alt="Price analysis 9/27: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB" name="" src="https://s3.cointelegraph.com/uploads/2024-09/01923499-0119-70cb-80cd-084db3be084e">
 <figcaption style="text-align: center;">
 DOGE/USDT daily chart. Source: TradingView
 </figcaption>
</figure>
That cleared the path for a possible rally to $0.14. The bears will try to stall the up move at $0.14, but if the bulls pierce the resistance, the rally could continue its northward march to $0.18.
The moving averages are the critical support to watch out for on the downside. A break and close below the moving averages will signal that the bears are back in the game. The DOGE/USDT pair may then slump to $0.09.
<h2 id="toncoin-price-analysis">Toncoin price analysis</h2>
Toncoin’s (<a data-ct-non-breakable="null" href="https://cointelegraph.com/toncoin-price-index" rel="noopener noreferrer nofollow" target="null" text="null" title="null">TON</a>) tight consolidation between the moving averages ended with a range expansion to the upside on Sept. 27.
<figure><img alt="Price analysis 9/27: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB" name="" src="https://s3.cointelegraph.com/uploads/2024-09/01923499-ceac-75f7-a1c5-ded0b15114e4">
 <figcaption style="text-align: center;">
 TON/USDT daily chart. Source: TradingView
 </figcaption>
</figure>
If buyers sustain the price above $6, the TON/USDT pair could accelerate to $7. The bears are expected to mount a strong defense at $7, but if the bulls do not cede ground to the bears, the up move may stretch to $8.29.
This optimistic view will be negated in the near term if the price turns down sharply and plummets below the 20-day EMA ($5.63). The pair could then descend to the crucial support at $4.44.
Related: <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bitcoin-familiar-bullish-smell-btc-price-66k" rel="noopener noreferrer nofollow" target="null" text="null" title="null">Bitcoin has ‘familiar bullish smell’ as BTC price hits $66K — Analyst</a>
<h2 id="cardano-price-analysis">Cardano price analysis</h2>
Cardano (<a data-ct-non-breakable="null" href="https://cointelegraph.com/ada-price-index" rel="noopener noreferrer nofollow" target="null" text="null" title="null">ADA</a>) broke above the $0.40 overhead resistance on Sept. 27. If the price closes above $0.40, it will complete a double bottom pattern.&nbsp;
<figure><img alt="Price analysis 9/27: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB" name="" src="https://s3.cointelegraph.com/uploads/2024-09/0192349a-7fc7-7770-9aaf-0a1c6d8cffda">
 <figcaption style="text-align: center;">
 ADA/USDT daily chart. Source: TradingView
 </figcaption>
</figure>
The target objective of the reversal pattern is $0.49, but the bulls are likely to face stiff resistance at $0.45. If the price turns down from $0.45, but rebounds off $0.40, it will signal a change in sentiment from selling on rallies to buying on dips. That will improve the prospects of a rally to $0.49.
Instead, if the price fails to maintain above $0.40, it will suggest that the markets have rejected the breakout. A break below the 20-day EMA ($0.36) will indicate that the ADA/USDT pair may swing between $0.31 and $0.40 for some time.
<h2 id="avalanche-price-analysis">Avalanche price analysis</h2>
Avalanche’s (<a data-ct-non-breakable="null" href="https://cointelegraph.com/avalanche-price-index" rel="noopener noreferrer nofollow" target="null" text="null" title="null">AVAX</a>) tight consolidation near the breakdown level of $29 resolved to the upside on Sept. 26.&nbsp;
<figure><img alt="Price analysis 9/27: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB" name="" src="https://s3.cointelegraph.com/uploads/2024-09/0192349b-1b25-72ff-aaa1-9cc3a7d606fa">
 <figcaption style="text-align: center;">
 AVAX/USDT daily chart. Source: TradingView
 </figcaption>
</figure>
If buyers sustain the price above $29, the AVAX/USDT pair could rise to $33, which may act as a minor resistance. However, if bulls do not allow the price to dip back below $29, the possibility of a rally to $42 increases.
If bears want to prevent the upside, they will have to swiftly drag the price back below $29. If they do that, the aggressive bulls may get trapped. The selling could increase if the 20-day EMA ($26.35) level cracks.
<h2 id="shiba-inu-price-analysis">Shiba Inu price analysis</h2>
Shiba Inu (<a data-ct-non-breakable="null" href="https://cointelegraph.com/shiba-inu-price-index" rel="noopener noreferrer nofollow" target="null" text="null" title="null">SHIB</a>) gained momentum after crossing above the immediate resistance of $0.000016 on Sept. 26.
<figure><img alt="Price analysis 9/27: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB" name="" src="https://s3.cointelegraph.com/uploads/2024-09/0192349b-b788-723d-a369-212d2600747d">
 <figcaption style="text-align: center;">
 SHIB/USDT daily chart. Source: TradingView
 </figcaption>
</figure>
The SHIB/USDT pair continued its journey higher and broke above the breakdown level of $0.000020 on Sept. 27. If bulls can achieve a close above $0.000020, the pair could extend its rally toward $0.000029.
Contrary to this assumption, if the price turns down sharply from the current level, it will suggest selling on rallies. A break below $0.000018 will suggest a range-bound action between $0.000012 and $0.000022 for a few days.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Price analysis 9/27: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

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