Crypto Technical Analysis: Bullish Momentum Pushes Cryptocurrencies to New Highs

September continues to advance and, with it, important changes have started to emerge across the cryptocurrency market in the short term. Although indecision and neutrality played an important role at the beginning of the week, the market managed to close with a renewed and accelerating bullish bias that pushed several cryptocurrencies above key resistance levels. This development has begun to change the indecisive outlook seen earlier in the week and could now be opening the door to more consistent demand activity. For now, the sustained advance in prices suggests that buying pressure may continue to play an important role over the coming trading sessions.

Performance of Major Cryptocurrencies

Source: Data - StoneX, Tradingview

• The week remained positive for the cryptocurrency market, with virtually all major cryptocurrencies closing with meaningful gains. This reflects the return of a broader bullish bias throughout the sector. Solana stands out after posting gains of more than +8.00%, making it the strongest-performing cryptocurrency in the short term, while Ripple delivered the most modest performance with gains of nearly +1.00%, although it still remains in positive territory.
   

• Over the past 10 weeks, the market continues to display a constructive medium-term outlook. Comparing current prices with those seen ten weeks ago still reveals broad-based gains across the sector, highlighting that buying pressure has remained relevant among most major cryptocurrencies. In this regard, Ethereum and Solana stand out, both posting gains of more than 40% and positioning themselves as the assets that have managed to sustain market confidence most effectively during this period.