Solana

Dogecoin

Shiba Inu

Avalanche

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>) bulls have kept up the pressure, and the price is trying to climb above $95,000. Options contracts on BlackRock’s spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust ETF (IBIT), launched on Nov. 19, were an instant hit.&nbsp;
Bloomberg ETF analyst James Seyffart said in a post on X that IBIT options recorded <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/blackrock-bitcoin-etf-options-unheard-of-day-one-volume" rel="noopener noreferrer nofollow" target="null" text="null" title="null">roughly $1.9 billion in notional exposure</a>, and that could be the reason for Bitcoin’s new all-time high on Nov. 19.
Bitcoin’s price is nearing $100,000, but MicroStrategy, the largest corporate holder of Bitcoin, is not showing any signs of slowing down its purchases. The business intelligence firm <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/micro-strategy-to-sell-2-6-b-in-notes-increasing-from-1-75-b-to-fund-bitcoin-purchases" rel="noopener noreferrer nofollow" target="null" text="null" title="null">revealed plans to raise $2.6 billion</a> from senior convertible notes to buy more Bitcoin and for general corporate purposes.
<figure><img alt="Bloomberg, Dogecoin, Cryptocurrencies, Bitcoin Price, XRP, Markets, Cryptocurrency Exchange, Cardano, TON, Price Analysis, Binance Coin, Market Analysis, Ether Price, Solana, Avalanche, Shiba Inu, MicroStrategy, Bitcoin ETF, ETF" src="https://s3.cointelegraph.com/uploads/2024-11/01934a74-6830-767c-8fec-93e68e5a5b08" title="">
 <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>
Although several analysts are bullish on Bitcoin’s prospects, onchain data service CryptoQuant highlighted in a post on X that five indicators warn that <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/warning-signs-bitcoin-nearing-price-peak-crypto-quant" rel="noopener noreferrer nofollow" target="null" text="null" title="null">Bitcoin could be close to its local peak</a>.
Will Bitcoin break out of $100,000, triggering solid buying in the altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
<h2 id="bitcoin-price-analysis">Bitcoin price analysis</h2>
Bitcoin rose to a new all-time high on Nov. 20, indicating the start of the next leg of the uptrend.
<figure><img alt="Bloomberg, Dogecoin, Cryptocurrencies, Bitcoin Price, XRP, Markets, Cryptocurrency Exchange, Cardano, TON, Price Analysis, Binance Coin, Market Analysis, Ether Price, Solana, Avalanche, Shiba Inu, MicroStrategy, Bitcoin ETF, ETF" src="https://s3.cointelegraph.com/uploads/2024-11/01934a75-06ed-7674-8fc8-dd9ce76a0d7b" title="">
 <figcaption style="text-align: center;">
 BTC/USDT daily chart. Source: TradingView
 </figcaption>
</figure>
The BTC/USDT pair is likely to reach $100,000, where the bears will try to halt the up move. However, the upsloping 20-day exponential moving average ($83,818) and the relative strength index (RSI) in the overbought zone signal that the bulls remain in control. If the $100,000 resistance is surpassed, the rally could reach $113,331.
The first sign of weakness will be a break and close below the uptrend line. That could tempt short-term traders to book profits. A deeper correction could begin on a close below the 20-day EMA.
<h2 id="ether-price-analysis">Ether price analysis</h2>
Buyers tried to push and maintain 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>) above the $3,220 level on Nov. 18, but the bears held their ground.
<figure><img alt="Bloomberg, Dogecoin, Cryptocurrencies, Bitcoin Price, XRP, Markets, Cryptocurrency Exchange, Cardano, TON, Price Analysis, Binance Coin, Market Analysis, Ether Price, Solana, Avalanche, Shiba Inu, MicroStrategy, Bitcoin ETF, ETF" src="https://s3.cointelegraph.com/uploads/2024-11/01934a75-e4ae-7af3-98f9-92bd06e5d067" title="">
 <figcaption style="text-align: center;">
 ETH/USDT daily chart. Source: TradingView
 </figcaption>
</figure>
The crucial support to watch out for on the downside is the 20-day EMA ($2,986). If the support holds, the bulls will again try to kick the price above $3,220. If they can pull it off, the ETH/USDT pair may rally to the downtrend line. Sellers are expected to mount a vigorous defense at the downtrend line.
The trend will tilt in favor of the bears if the price skids below the 20-day EMA. The pair may tumble to $2,850 and later to the 50-day SMA ($2,688).
<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>) turned down from $248 on Nov. 18, but the shallow pullback suggests that the bulls are not rushing to the exit.
<figure><img alt="Bloomberg, Dogecoin, Cryptocurrencies, Bitcoin Price, XRP, Markets, Cryptocurrency Exchange, Cardano, TON, Price Analysis, Binance Coin, Market Analysis, Ether Price, Solana, Avalanche, Shiba Inu, MicroStrategy, Bitcoin ETF, ETF" src="https://s3.cointelegraph.com/uploads/2024-11/01934a79-e961-7a70-ac0b-c305eb6f869b" title="">
 <figcaption style="text-align: center;">
 SOL/USDT daily chart. Source: TradingView
 </figcaption>
</figure>
Both moving averages are sloping up, and the RSI is in the overbought territory, suggesting that the path of least resistance is to the upside. There is stiff resistance at $260, but if the buyers bulldoze their way through, the SOL/USDT pair could ascend to $304.
Contrarily, the failure to shove the price above the overhead resistance zone of $248 to $260 could tempt several short-term traders to book profits. That may pull the price to the 20-day EMA ($209).
<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>) is taking support at the 20-day EMA ($610), indicating that the bulls are buying on dips.
<figure><img alt="Bloomberg, Dogecoin, Cryptocurrencies, Bitcoin Price, XRP, Markets, Cryptocurrency Exchange, Cardano, TON, Price Analysis, Binance Coin, Market Analysis, Ether Price, Solana, Avalanche, Shiba Inu, MicroStrategy, Bitcoin ETF, ETF" src="https://s3.cointelegraph.com/uploads/2024-11/01934a7a-9617-7aa8-9cf4-81e19755acfe" title="">
 <figcaption style="text-align: center;">
 BNB/USDT daily chart. Source: TradingView
 </figcaption>
</figure>
Buyers will have to quickly propel the price above $667 to strengthen their position. If they do that, the BNB/USDT pair could rally to $722. This level is expected to act as a solid barrier, but if the bulls prevail, the pair may skyrocket to $810.
This positive view will be invalidated in the near term if the price closes below the 50-day SMA ($591). The pair may then descend to the uptrend line, which is again likely to attract buyers.
<h2 id="xrp-price-analysis">XRP price analysis</h2>
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>) has been consolidating between $1 and $1.20 after the recent vertical rally, indicating that the bulls are not hurrying to book profits.
<figure><img alt="Bloomberg, Dogecoin, Cryptocurrencies, Bitcoin Price, XRP, Markets, Cryptocurrency Exchange, Cardano, TON, Price Analysis, Binance Coin, Market Analysis, Ether Price, Solana, Avalanche, Shiba Inu, MicroStrategy, Bitcoin ETF, ETF" src="https://s3.cointelegraph.com/uploads/2024-11/01934a7b-2714-7640-a276-93805766b3fd" title="">
 <figcaption style="text-align: center;">
 XRP/USDT daily chart. Source: TradingView
 </figcaption>
</figure>
The bulls will again attempt to drive the price above $1.27. If they succeed, the XRP/USDT pair could resume the uptrend. The pair could extend its rally to $1.27 and subsequently to $1.70.
The bears are likely to have other plans. They will try to defend the $1.27 resistance and pull the price below the psychological support of $1. If that happens, the pair may enter a deeper correction toward the 20-day EMA ($0.81). Such a move is likely to delay the start of the next leg of the uptrend.
<h2 id="dogecoin-price-analysis">Dogecoin price analysis</h2>
Buyers attempted to push 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>) above the $0.44 resistance on Nov. 19, but the bears held their ground.
<figure><img alt="Bloomberg, Dogecoin, Cryptocurrencies, Bitcoin Price, XRP, Markets, Cryptocurrency Exchange, Cardano, TON, Price Analysis, Binance Coin, Market Analysis, Ether Price, Solana, Avalanche, Shiba Inu, MicroStrategy, Bitcoin ETF, ETF" src="https://s3.cointelegraph.com/uploads/2024-11/01934a7b-c249-7584-a0bb-421cab76f1a2" title="">
 <figcaption style="text-align: center;">
 DOGE/USDT daily chart. Source: TradingView
 </figcaption>
</figure>
The DOGE/USDT pair is stuck between $0.33 and $0.44 for the past few days, indicating a tough battle between the bulls and the bears. If the price rises above $0.44, it will signal that the bulls have overpowered the bears. That could drive the pair to $0.50 and later to $0.59.
Alternatively, a break below $0.33 will indicate that the bulls are dumping their positions. That could sink the pair to the 20-day EMA ($0.30), an important short-term support to watch out for.
<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 $0.80 barrier on Nov. 20, indicating the resumption of the uptrend.
<figure><img alt="Bloomberg, Dogecoin, Cryptocurrencies, Bitcoin Price, XRP, Markets, Cryptocurrency Exchange, Cardano, TON, Price Analysis, Binance Coin, Market Analysis, Ether Price, Solana, Avalanche, Shiba Inu, MicroStrategy, Bitcoin ETF, ETF" src="https://s3.cointelegraph.com/uploads/2024-11/01934a7c-5888-7997-a5e6-80d7b93c00b6" title="">
 <figcaption style="text-align: center;">
 ADA/USDT daily chart. Source: TradingView
 </figcaption>
</figure>
If the price maintains above $0.80, the ADA/USDT pair could surge to the psychological level of $1. This level may act as a strong obstacle, but if cleared, the pair may move up to $1.25.
This positive view will be invalidated in the near term if the price turns down from the overhead resistance and breaks below $0.70. That could tempt short-term buyers to book profits, pulling the pair to the 20-day EMA ($0.58).
Related: <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/btc-price-all-time-high-above-94k-hodler-sell-off-warning" rel="noopener noreferrer nofollow" target="null" text="null" title="null">BTC price all-time high above $94K comes amid Bitcoin sell-off warning</a>
<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>) has been trading above the 20-day EMA ($0.000023), but the bulls have failed to clear the $0.000026 hurdle. This suggests that demand dries up at higher levels.
<figure><img alt="Bloomberg, Dogecoin, Cryptocurrencies, Bitcoin Price, XRP, Markets, Cryptocurrency Exchange, Cardano, TON, Price Analysis, Binance Coin, Market Analysis, Ether Price, Solana, Avalanche, Shiba Inu, MicroStrategy, Bitcoin ETF, ETF" src="https://s3.cointelegraph.com/uploads/2024-11/01934a80-62db-75d6-a1d6-d7271451d49e" title="">
 <figcaption style="text-align: center;">
 SHIB/USDT daily chart. Source: TradingView
 </figcaption>
</figure>
The price is stuck between the 20-day EMA and $0.000026. The upsloping 20-day EMA and the RSI in the positive territory give a slight edge to the buyers. A close above $0.000026 could propel the SHIB/USDT pair to the overhead resistance of $0.000029.
On the contrary, if the price breaks below the 20-day EMA, it will suggest that the bulls have given up. The pair may slump to the 50-day SMA ($0.000019), which is expected to attract buyers.
<h2 id="toncoin-price-analysis">Toncoin price analysis</h2>
Toncoin (<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>) is struggling to start a rebound off the moving averages, indicating a lack of demand at higher levels.
<figure><img alt="Bloomberg, Dogecoin, Cryptocurrencies, Bitcoin Price, XRP, Markets, Cryptocurrency Exchange, Cardano, TON, Price Analysis, Binance Coin, Market Analysis, Ether Price, Solana, Avalanche, Shiba Inu, MicroStrategy, Bitcoin ETF, ETF" src="https://s3.cointelegraph.com/uploads/2024-11/01934a80-fce9-7022-b22a-d6f14cc82389" title="">
 <figcaption style="text-align: center;">
 TON/USDT daily chart. Source: TradingView
 </figcaption>
</figure>
The bears will try to strengthen their position by pulling the price below the moving averages. If they manage to do that, the TON/USDT pair could fall to the $4.72 to $4.44 support zone. Buyers are expected to defend this zone with all their might because a close below $4.44 will complete a bearish head-and-shoulders pattern. That may sink the pair to $3.50.
On the upside, the bulls will have to push and retain the price above $6 to signal a comeback. The pair may then climb to $7.
<h2 id="avalanche-price-analysis">Avalanche price analysis</h2>
Sellers thwarted attempts by the bulls to push Avalanche (<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>) above the resistance line of the ascending channel on Nov. 17.
<figure><img alt="Bloomberg, Dogecoin, Cryptocurrencies, Bitcoin Price, XRP, Markets, Cryptocurrency Exchange, Cardano, TON, Price Analysis, Binance Coin, Market Analysis, Ether Price, Solana, Avalanche, Shiba Inu, MicroStrategy, Bitcoin ETF, ETF" src="https://s3.cointelegraph.com/uploads/2024-11/01934a81-a635-7b17-ab40-60fff916e0ff" title="">
 <figcaption style="text-align: center;">
 AVAX/USDT daily chart. Source: TradingView
 </figcaption>
</figure>
The 20-day EMA ($31.59) is the critical support to watch out for on the downside. If the price turns up from the current level or rebounds off the 20-day EMA with strength, it will signal buying on dips. That increases the likelihood of a breakout above the resistance line. The AVAX/USDT pair could rally to $42 and then to $50.
Contrary to this assumption, a break and close below the 20-day EMA will signal that the bulls are losing their grip. The pair may then dip toward the 50-day SMA ($28.24), extending its stay inside the channel for a few more 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 11/20: BTC, ETH, SOL, BNB, XRP, DOGE, ADA, SHIB, TON, AVAX

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