Amid the ongoing crypto bull run, September 2024 presents new opportunities for investors looking to capitalize on the market’s potential.
This article highlights the Top Best Cryptocurrency to buy in September 2024, focusing on factors such as market trends, technological advancements, and overall growth potential to help you make informed decisions.
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Table of Contents
Shiba Inu Price Analysis
- Current Price: $0.000011
- Market Cap: $6.5 billion
- 24-Hour Trading Volume: $400 million
- Total Supply: 1 quadrillion SHIB
- Circulating Supply: 589 trillion SHIB
Price is in a Downtrend, however, it had a bullish breakout from Falling Wedge pattern, which could signal at least a temporary bullish trend reversal with +30% upside potential to $0.000020 resistance.
We wait for confirmation (price breaking above $0.000015 resistance). Stop Loss at $0.0000135. This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend.
Weekly Price Analysis
- 7-Day Change: +5.2%
- Week Open Price: $0.0000105
Indicators
- RSI (Relative Strength Index): 60 (Neutral, with slight upward momentum)
- MACD (Moving Average Convergence Divergence): Positive, indicating bullish momentum
- Bollinger Bands: Price trending towards the upper band, suggesting increased buying interest
XRP Price Analysis
- Current Price: $0.76
- Market Cap: $38 billion
- 24-Hour Trading Volume: $2.8 billion
- Total Supply: 100 billion XRP
- Circulating Supply: 50 billion XRP
Pullback in Uptrend. Price remains in an Uptrend but has pulled back, which could present a ‘buying dip’ opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend.
This support level could be a level where price bounced off of in the past, or a level that was previously resistance.
Weekly Price Analysis
- 7-Day Change: -2.4%
- Week Open Price: $0.78
Indicators
- RSI (Relative Strength Index): 48 (Neutral, indicating balanced market conditions)
- MACD (Moving Average Convergence Divergence): Slightly bearish, indicating potential downward momentum
- Bollinger Bands: Price moving towards the lower band, suggesting potential oversold conditions
FLOKI Price Analysis
- Current Price: $0.000154
- Market Cap: $1.5 billion
- 24-Hour Trading Volume: $250 million
- Total Supply: 10 trillion FLOKI
- Circulating Supply: 9.6 trillion FLOKI
Price is in a Downtrend, however, it had a bullish breakout from Falling Wedge pattern, above $0.00013 resistance, which could signal at least a temporary bullish trend reversal with +30% upside potential to $0.00017.
Price is now retesting that breakout level. Stop Loss at $0.000115.
Weekly Price Analysis
- 7-Day Change: +2.9%
- Week Open Price: $0.000149
Indicators
- RSI (Relative Strength Index): 65 (Approaching overbought territory)
- MACD (Moving Average Convergence Divergence): Bullish, with the MACD line above the signal line
- Bollinger Bands: Price near the upper band, indicating strong upward momentum
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