/USD
Last week the was in the range from $ 4000 to $ 3500, with the average loss of $ 500. A sharp falling to a mark of $ 3700 occurred on January, 10 at 10:00 (UTC+3). This value was supposed to be a support level for the prospect of growth earlier. But the price returned to average marks of the end of the last year: $ 3800 — $ 3600 and tests new minimum: $ 3200 — $ 3500.
The established resistance levels:
R1: $ 4000
R2: $ 3750
R3: $ 3670
The current week we recommend to open sell positions from the prices stated above. Perhaps the price will continue to consolidate in the range of $3500 — $3700. The CCI volumes indicator specifies the market overbought since the beginning of this week, unjustified expectations of growth, force traders to close the positions that also influences the general situation on the market.
ETH/USD
Last week Etherium reached the maximum values and showed the price of $154 by means of impulsive bear movements fell to a mark of $112. The descending trend was created. The established resistance levels this week:
R1: $ 140
R2: $ 130
R3: $ 114
Also, Etherium’s Constantinople upgrade is planned in a week by results of which there can be an important support.
XRP/USD
Last week XRP traded in the range from $ 0.36 — $ 0.32 and formed a descending trend just after . We recommend to open transactions for to the minimum values in $0.32. During the current week estimated level of resistance is of $ 0.35. If there will be breakdown lower, its formation of alert will likely show the buy positions for midterm.
Published at Tue, 15 Jan 2019 16:16:38 +0000
