September prediction

Here's prediction for the overall crypto market in September:

-A small correction is likely over the Labor Day holiday due to reduced volume.

-After the holiday weekend, top coins will continue to test resistance levels. For example, BTC is testing 5000, ETH is testing 400, and LTC is testing 100. If resistance levels are broken through, then a sharp increase in price (5-30%) is likely followed by a sharp correction with the resistance level now becoming a support level.

-Any significant dips/corrections will be quickly recovered from due to large number of buyers waiting on the sidelines.

-As we approach the end of the month, the market will begin to trade sideways and trend lower.

-As we enter October, a bear market will begin due to the contentious BTC hardfork in November.

Potential price ranges BTC: 4500-5300 ETH: 350-500 LTC: 70-150 XMR: 115-200

submitted by /u/NightFall710
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