Analysis of Prices on 11/18: SPX, DXY, BTC, ETH, SOL, BNB, XRP, DOGE, ADA, SHIB

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Bitcoin is currently experiencing a tense battle between buyers and sellers, with the price needing to stay above $85,000 for the buyers to maintain control. Despite this volatility, Bitcoin is making strides, with MicroStrategy announcing a $4.6 billion Bitcoin acquisition at an average price of $88,627.

Notable investor Paul Tudor Jones also increased his exposure to Bitcoin by $130 million in the third quarter. With these big players showing confidence in the digital asset, many long-term investors are expecting Bitcoin to continue to rise.

Over in the stock market, the S&P 500 Index faced some profit booking last week, bringing it down to the 20-day moving average. However, if the price rebounds with strength, it could pave the way for further gains. On the other hand, the US Dollar Index saw a strong uptrend last week, but faces solid resistance in the 107 to 108 zone.

In the world of cryptocurrencies, Ether is holding strong at the 38.2% Fibonacci retracement level of $3,028, with buyers having the advantage. Solana showed strength by holding the $210 support level and is now eyeing a rally to $260. Dogecoin and Cardano are also showing signs of continued upward momentum, with Dogecoin supported above the 38.2% Fibonacci retracement level and Cardano seeing resistance near $0.80.

Overall, the cryptocurrency market is showing signs of resilience and potential for further growth, with key support and resistance levels providing important indicators for future price movements.

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