Market review, April 25, 2019

6
2019-04-25 15:01:22

Let's move to the technical analysis of Bitcoin (BTC):


Over the past day, bitcoin dropped to the support level of $5,308. Now, the price of bitcoin is at the level of $5,380, we expect further correction to the support level of $5,000. The nearest resistance levels are $5,430, $5,567. The nearest support levels are $5,308, $5,270, $5,150.


Technical analysis of Ethereum (ETH):


Over the past day, the price of ethereum once again reached the support level of $158. Now, the price is consolidating. Perhaps, ethereum will drop a little lower. The nearest resistance levels are $165, $170. The nearest support levels are $158, $151.


Technical analysis of Ripple (XRP):


Over the past day, ripple broke through the upper limit of the price corridor of $0,2990. Now, ripple is trading at around $0.3040. This movement completely coincided with our yesterday’s forecast. We expect further growth up to $0.3170. The nearest resistance levels are $0.3070, $0.3140, $0.3170. The nearest support levels are $0.2940, $0.29.

Disclaimer. This review is only for information purposes and cannot be considered as a proposal or an indication to perform certain transactions in the financial and commodity markets. The estimates and recommendations in the review are the personal opinion of the company's analysts. The company's view on the prospects for individual financial instruments is valid as of the date of the report. The Company does not assume any liability and liabilities for compensation for damage that may result from the use of this report.
Something went wrong
Message: