- BTC crossed above the $114,000 mark, stuck above major moving averages amid the Altcoin significant buying power amid slight profits.
- Binance Coin is performing well with an increasing volatility, it will be important to maintain price above 1,000 to sustain the trend.
- ETH remains at a high of over $4,100 as it continues to display bullish trends featuring increasing Bollinger Bands suggesting increased volatility in future.
The Altcoin markets are all going into the end of September on a high, and both Bitcoin, Binance Coin, and Ethereum are going in the same direction altogether. The recent rallies have driven the prices up across these large assets in a boosted technical correspondence and increasing participation. As BTC, BNB, and ETH are setting up as the shining altcoins at the end of the month, key support zones are holding their own.
Bitcoin (BTC)
Bitcoin is trading with an approximate of 113,967; it has hit intraday highs of more than 114,000. The chart indicates that there was sharp upward breakout of consolidation which was caused by increased trading volume. Moving averages on the 7, 25, and 99 periods have aligned bullishly, while the price continues to test the upper Bollinger Band.
Source: binance.com
Strong participation was confirmed by the volume spikes during the rally but recent candles have indicated that there is some cooling in the short term as short term traders took their profits. Bitcoin still has a bullish position even with this pause provided it does not fall below the 25-period moving average. A consolidation of over $113,500 may potentially be a foundation to additional momentum to rise in the upcoming sessions.
The overall technical structure remains supportive of additional gains if current levels sustain. Breakouts above intraday highs could signal another strong upward move. Conversely, holding support zones will be critical to extending the current rally.
Binance Coin (BNB)
Binance Coin is stagnating around 1,007, having been registering some highs at 1,020 in the day. There has been a consistent positive trend in price being driven by the 7-period and the 25-period moving averages. The Bollinger Bands have become broader indicating more volatility after a prolonged period of no trend.
Source: binance.com
During recent rally, volumes were on a high note indicating new participation but tapered later with some market participants making profits. This slight pullback has not interrupted the general bullish trend that still favors the action to the higher price. Holding the price action at or above $1,000 is one of the important levels to continue momentum.
If upward pressure resumes, BNB could test resistance levels around recent highs. Holding above psychological support zones creates confidence for potential continuation. Moreover, expanding volatility provides room for stronger moves should demand increase.
Ethereum (ETH)
Ethereum is trading near $4,157, slightly off intraday highs of $4,166. The chart highlights a breakout pattern similar to Bitcoin’s, with ETH trading firmly above short-term moving averages. The alignment of 7-period and 25-period averages reinforces strong near-term momentum.
Source: binance.com
Trading volumes increased notably during the rally, confirming renewed demand across the market. However, the last few sessions showed decreased volume, signaling mild cooling. Despite this, Ethereum’s structure remains bullish as long as price holds above $4,100.
Widening Bollinger Bands suggest Ethereum may face more volatility in upcoming sessions. Sustaining above support zones ensures continuation, while potential breakouts could carry ETH beyond resistance levels. Market conditions remain favorable for short-term growth alongside broader positive trends in major assets.
Overall Market View
Bitcoin, Binance Coin, and Ethereum show synchronized upward momentum with bullish alignment across key technical indicators. Rising volumes confirmed demand, though cooling phases highlight short-term consolidation potential. The broader outlook remains positive while prices sustain above critical support zones.
As September ends, these assets demonstrate resilience and strong technical setups. The alignment of trend indicators supports the view of continued strength. With momentum intact, BTC, BNB, and ETH rank among the best altcoins to watch now.
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