{"id":14375,"date":"2021-12-01T08:28:59","date_gmt":"2021-12-01T07:28:59","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=14375"},"modified":"2021-12-01T08:29:09","modified_gmt":"2021-12-01T07:29:09","slug":"the-cryptocurrency-market-on-dec-21-2021","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/the-cryptocurrency-market-on-dec-21-2021\/","title":{"rendered":"The Cryptocurrency Market on December 1, 2021"},"content":{"rendered":"\n
Crypto market: BTC is presently selling about $ 57,000. (04:22 UTC). A new rally requires a price above $ 58,500. Most big altcoins are trending upward. ETH is up 7% and has surpassed $ 4,700. To launch a stronger rally, ADA must break $ 1.60 and $ 1.62<\/h5>\n\n\n\n
\"The
The Cryptocurrency Market on December 1, 2021<\/figcaption><\/figure>\n\n\n\n

Bitcoin Price on December 1, 2021 in the Cryptocurrency Market <\/h2>\n\n\n\n

After a rejection above USD 58,500, bitcoin's price fell. BTC\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> has tested the $56,250 support area and is now consolidating at $57,300. On the downside, the price is coming up against resistance<\/a> near $58,000. The price might move beyond $58,500, which is the next significant barrier level.<\/p>\n\n\n\n

Initial support on the downside is near the $ 56,250 level. Near $ 55,500, the next major support is forming, and a further decline is likely.<\/p>\n\n\n\n

Ethereum Price on December 1, 2021 in the Cryptocurrency Market <\/h2>\n\n\n\n

The price of Ethereum accelerated after<\/a> breaking through the $4,500 and $4,650 resistance levels. The price of ETH has risen by 7% to reach $4,700. The price is aiming for $4,800, with a rise to $ 5,000 probable if it reaches that level.<\/p>\n\n\n\n

If there is a downward correction, support could be found near the $ 4,650 mark. Near the $ 4,550 mark, the next major support is found.<\/p>\n\n\n\n

Prices for ADA, BNB, SOL, SHIB, and XRP on December 1, 2021 on the cryptocurrency market <\/h2>\n\n\n\n

Cardano (ADA) is still trading below the $ 1.60 barrier level. Above $ 1.62, a continuous climb is possible. Otherwise, it's possible that it'll drop to the USD 1.50 support level.<\/p>\n\n\n\n

Binance Coin (BNB) is on the rise, with a price of over $625. The bulls appear to be aiming for a test of the $ 650 mark. The next major stumbling block is near $ 655, above which the price might reach $ 675.<\/p>\n\n\n\n

Solana (SOL) has risen past $ 200 in a single day, gaining 6%. Near $ 215 is the immediate resistance, and a rally to $ 225 is probable if it is overcome. Any future price increases could send the price up to $ 240.<\/p>\n\n\n\n

SHIB peaked at $ 0.0000055 before plummeting 4% in a single day. It has now dropped below $ 0.00050 and is approaching the $ 0.000450 support level.<\/p>\n\n\n\n

The price of XRP is now consolidating near the $1.00 mark. A good closing price above USD 1.00 can boost the price up to USD 1.05. The price may correct below $ 0.95 if there isn't a clear break. Near the $ 0.92 level, the next major support is found.<\/p>\n\n\n\n

December 1, 2021, Cryptocurrency Market: Another Altcoin Market <\/h2>\n\n\n\n

STX, VGX, LUNA, RUNE, KCS, NEXO, UNI, CRV, QTUM, ALGO, and MATIC are among the cryptocurrencies that have gained more than 5%. The STX was the most successful, rising 32 percent to break USD 3.10 before falling lower.<\/p>\n\n\n\n

Overall, Bitcoin's price is still struggling to break beyond the $58,000 barrier. If the market closes above $58,500, a bigger rise above $60,000 could be triggered.<\/p>\n","protected":false},"excerpt":{"rendered":"

Crypto market: BTC is presently selling about $ 57,000. (04:22 UTC). A new rally requires a price above $ 58,500. Most big altcoins are trending upward. ETH is up 7% and has surpassed $ 4,700. To launch a stronger rally, ADA must break $ 1.60 and $ 1.62 Bitcoin Price on December 1, 2021 in […]<\/p>\n","protected":false},"author":29,"featured_media":13556,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[71],"tags":[5561,5500,5392,5562,5570],"class_list":["post-14375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-markets","tag-btc-2","tag-crptocurrency-bitcoin-eth-bnb-sol-ada-dot-xrp-doge-cro-market","tag-cryptocurrency-2","tag-eth-2","tag-market-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/11\/top-cryptocurrencies.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/14375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=14375"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/14375\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/13556"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=14375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=14375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=14375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}