BTC/USD
Current situation:
The Bitcoin situation did not fundamentally changed. If the BTC/USD quote can hold above the level of $6450, then we will expect further price growth to the $6600- $6800 zone. This growth is characterized as a correction upwards, before further decline. With this we will expect a drop to levels: $6100, $5700. Since the global trend remains downward, we do not recommend buying this asset.
Cancellation of the scenario may be caused by Bitcoin price increase above $6800.
Resistance levels: $6400; $6450; $6800; $6900; $7200; $7400.
Support levels: $6300; $6100; $5800; $5400; $4500.
Forecast:
BTC/USD price reduction from $6600- $6800 and targets: $6100, $5700.
ETH/USD
Current situation:
The quotation of Ethereum continues to trade above the level of $200. The nearest resistance zone are the levels: $220, $240, $260 and 280. The main support zone is $195-$185.
We expect continued decline in the price of ETH/USD to $150.
Resistance levels: $220; $240, $280; $300; $325; $350; $380; $400.
Support levels: $200; $180; $150; $100.
Forecast:
Continued fall in the price of ETH/USD from the zone of $240- $260 and the goal in the zone of $180- $150.
XRP/USD
Current situation:
Ripple price continues to remain above $0.50. At the moment, growth is possible to the level of 0.62. Since the asset is highly volatile, we do not exclude its further growth with the updating of local max. But we do not recommend buying Ripple's cryptocurrency.
If the sellers manage to break through the $0.44- $0.40 zone, then we will expect XRP/USD quotation near $0.30.
Also, we do not exclude the renewal of minimum prices in the $0.20- $0.15 zone.
Resistance levels: $0.50; $0.58; $0.70; $0.76.
Support levels: $0.44; $0.38; $0.30.
Forecast:
Ripple price reduction from $0.54 and target near $0.30 level.
BCH/USD
Current situation:
The price of Bitcoin Cash is near $600. The maximum possible increase to $680.
After the end of the upward correction, we expect an update of the annual BCH/USD price min in the $400- $350 zone. We also do not exclude a fall in prices to the level of $300, where the line of support for the downward channel is located.
Resistance levels: $620; $650; $680; $800.
Support levels: $600; $560; $520; $500; $450; $400; $350; $300.
Forecast:
Reduction of the price of BCH/USD from $620 and a target near $350.
LTC/USD
Current situation:
Litecoin price is above $50. The maximum possible growth of quotes within the correction, before further immersion, is in the zone $58-$62.
We predict a fall in the price of Litecoin to the level of $46; we also do not exclude a fall to the $35 - $30 zone.
Resistance levels: $54; $58; $60; $62; $65; $68; $72; $75.
Support levels: $50; $49; $46.
Forecast:
The decrease in the price of Litecoin from the level of $54 and with the target of $46.
Current situation:
The Bitcoin situation did not fundamentally changed. If the BTC/USD quote can hold above the level of $6450, then we will expect further price growth to the $6600- $6800 zone. This growth is characterized as a correction upwards, before further decline. With this we will expect a drop to levels: $6100, $5700. Since the global trend remains downward, we do not recommend buying this asset.
Cancellation of the scenario may be caused by Bitcoin price increase above $6800.
Resistance levels: $6400; $6450; $6800; $6900; $7200; $7400.
Support levels: $6300; $6100; $5800; $5400; $4500.
Forecast:
BTC/USD price reduction from $6600- $6800 and targets: $6100, $5700.
ETH/USD
Current situation:
The quotation of Ethereum continues to trade above the level of $200. The nearest resistance zone are the levels: $220, $240, $260 and 280. The main support zone is $195-$185.
We expect continued decline in the price of ETH/USD to $150.
Resistance levels: $220; $240, $280; $300; $325; $350; $380; $400.
Support levels: $200; $180; $150; $100.
Forecast:
Continued fall in the price of ETH/USD from the zone of $240- $260 and the goal in the zone of $180- $150.
XRP/USD
Current situation:
Ripple price continues to remain above $0.50. At the moment, growth is possible to the level of 0.62. Since the asset is highly volatile, we do not exclude its further growth with the updating of local max. But we do not recommend buying Ripple's cryptocurrency.
If the sellers manage to break through the $0.44- $0.40 zone, then we will expect XRP/USD quotation near $0.30.
Also, we do not exclude the renewal of minimum prices in the $0.20- $0.15 zone.
Resistance levels: $0.50; $0.58; $0.70; $0.76.
Support levels: $0.44; $0.38; $0.30.
Forecast:
Ripple price reduction from $0.54 and target near $0.30 level.
BCH/USD
Current situation:
The price of Bitcoin Cash is near $600. The maximum possible increase to $680.
After the end of the upward correction, we expect an update of the annual BCH/USD price min in the $400- $350 zone. We also do not exclude a fall in prices to the level of $300, where the line of support for the downward channel is located.
Resistance levels: $620; $650; $680; $800.
Support levels: $600; $560; $520; $500; $450; $400; $350; $300.
Forecast:
Reduction of the price of BCH/USD from $620 and a target near $350.
LTC/USD
Current situation:
Litecoin price is above $50. The maximum possible growth of quotes within the correction, before further immersion, is in the zone $58-$62.
We predict a fall in the price of Litecoin to the level of $46; we also do not exclude a fall to the $35 - $30 zone.
Resistance levels: $54; $58; $60; $62; $65; $68; $72; $75.
Support levels: $50; $49; $46.
Forecast:
The decrease in the price of Litecoin from the level of $54 and with the target of $46.