Binance being sued for violation of AML laws occurring in the aftermath of regulatory actions against Kraken Exchange and the FTX trial, has introduced an air of uncertainty into the ecosystem, which had been displaying some much-needed optimism in recent weeks.
Despite this, the market has not taken a substantial hit in terms of token prices. Expert predictions suggest a potential upward movement in the prices of ADA and XRP. Besides, a price rally for Ethereum is being predicted widely which could take its support levels up to the much anticipated $2200.

The Exponential Moving Average for 10-day EMA indicates βBuyβ at 36511 and 200-day EMA indicates βBuyβ at 29429. The Simple Moving Average for 10-day SMA indicates βBuyβ at 36615 and 200-day SMA indicates βBuyβ at 29075.
The Ichimoku Base Line, valued at 35928, continues to be neutral. The Hull Moving Average indicates βSellβ at 36598. The Volume Weighted Moving Average indicates βBuyβ at 36380.
The Relative Strength Index (14) sits at 55, indicating βNeutralβ. The Stochastic %K (14, 3, 3) at 50 and the Average Directional Index (14) at 57 indicate a Neutral outlook.
The MACD Level (12, 26), at 1017, indicates βSellβ. The Stochastic RSI Fast (3, 3, 14, 14) at 10 and William’s Percentage at -61 indicate βNeutralβ.
As of 10:00 AM, 22nd November 2023, on WazirX, Bitcoinβs price is βΉ32,48,245, with a 0.98% increase in the last 24 hours. There was a 0.36% decrease in its price in the last week.
Ethereum (ETH) is trading at βΉ1,73,758. There was an increase of 1.15% in the last 24 hours. There was a 0.74% decrease in its price in the last week.
The top gainers on WazirX include pNetwork (PNT), Cortex (CTXC), and FTX Token (FTT), with price increases of 27.22%, 17.53%, and 8.65%, respectively.
However, the tokens that underperformed comprised Reserve Rights (RSR), Injective Protocol (INJ), and StormX (STMX), with a price decrease of 14.94%, 13.67%, and 12.18%, respectively.
Shiba Inu (SHIB) saw a price decrease of 4.8% and is now priced at βΉ0.000713. Dogecoin (DOGE) saw a decrease of 4.05% and is now priced at βΉ6.57.
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