As the market is in green again and we are waiting for further positive movements because many of the cryptos are gaining upside momentum, we will see if this weekend does not surprise us like the last weekend and the market can sustain itself this way. Although the trend has not been reversed so we have to be careful.
Market Cap: $280.574.505.254
24h Vol: $15.343.266.248
BTC Dominance: 39.9%
Market capitalisation has moved up by 6 billion dollar which indicates the Capital is coming back after the hard current week.
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In the last hours, Ripple price found support in the 50-MA after bouncing in the 100-EMA when sellers appeared close to $0.56.
At the moment, the price is moving around $0.5439 and very close to the lower line of this ascending channel in this 1h chart, if the price continues moving inside the channel, we could see a further higher over the $0.5700 level in the short term.
Ripple is moving in range during the last hours
RSI undecided and pointing down, Stochastic in oversold zone.
R3 0.6271 R2 0.5976 R1 0.5773 P 0.5461 S1 0.5276 S2 0.4989 S3 0.4778
After having taken a big jump from the support at $464, the price went up to $530, above the 100-EMA on this 4H chart and breaking the upper line of the channel.
Then the price declined to find support at $487 where buyers have pressed again today moving the price up to $503 where it is currently, more pressure is expected in the next few hours as the indicators are pointing up and even with a lot of ground in the field.
ETH technicals are showing buy momentum
RSI pointing up, Stochastic is near to oversold levels
R3 617.09 R2 543.71 R1 546.72 P 503.04 S1 476.34 S2 432.66 S3 405.97
BCH has lost 29% in just ten days, the way to recover won’t be that easy, now the price is moving around $871 with difficult to overcome the Fibonacci retracement of 23.6% of the last drop, I see a lot of strong resistance in this 4H chart such as $925 (R1 + 38.2% Fibbo) and $956 .
BCH is showing neutral signs.
R3 1006.16 R2 957.54 R1 925.35 P 874.67 S1 847.13 S2 798.68 S3 766.91