Price analysis 11/24: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, CRO By Cointelegraph

(BTC) and most main altcoins proceed to be pinned under their respective overhead resistances, indicating that bears are promoting on rallies.

According to Ki Young Ju, CEO of on-chain analytics agency CryptoQuant, “whales are depositing Bitcoin to exchanges.” Curiously, the outflows from the exchanges have additionally continued and because of this, the reserves are nonetheless hovering near their lowest ranges since mid-2018.

Daily cryptocurrency market efficiency. Source: Coin360