Price predictions 9/1: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK
Bitcoin is attempting to rise above $110,000 but faces strong resistance from bears. Institutional interest remains strong with significant purchases despite a seasonal trend showing weakness in September. The S&P 500 Index indicates bullish momentum weakening; a drop below key support levels may lead to further declines. The US Dollar Index is struggling to sustain gains, with potential downturn points identified. Bitcoin's price below $110,530 raises concerns of further declines to $105,000. Ether's battle at critical levels suggests a potential drop to $4,094 if bears dominate. XRP needs to hold support at $2.73 to avoid significant declines. BNB is at risk if it drops below its 20-day EMA. Solana's breakdown below $210 signals bearish trends, while Dogecoin teeters on support at $0.21. Cardano is also under pressure, having closed below its 50-day SMA, raising concerns of a fall to $0.68. Chainlink's drop below the 20-day EMA indicates bearish sentiment.
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