Market review, February 20, 2020

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2020-02-20 16:01:23

For several consecutive years, the community in the field of blockchain and decentralized technologies has been gathering together to share experiences and exchange ideas for the development of the industry. International experts from around the world will gather this time in Kyiv on March 20.

BlockchainUA is primarily useful content, which is based on the expertise and invaluable experience of specialists in their industry.

Advantages of technology, issues of entrepreneurship and business in the field of blockchain, current trends, innovative approaches, regulatory issues - all this and much more, the conference participants will be able to hear from experts with extensive practical experience in the industry.

More details about the conference can be found on the official website and Facebook page.

Technical analysis of Bitcoin (BTC):

Over the past day, the price of bitcoin fell to the support level of $9,300. Now, the price is $9,560. In the future, we expect the continuation of the negative movement. The nearest resistance levels are $9,730, $9,820, $9,900, $10,200, $10,500, $11,000. The nearest support levels are $9,470, $9,320, $9,200, $9,000.

Technical analysis of Ethereum (ETH):

Over the past day, the price of ethereum fell to the support level of $251. Now, it is $251. In the future, we expect the continuation of the downtrend. The nearest resistance levels are $257, $263, $273, $285, $288, $300. The nearest support levels are $250, $244, $236, $230, $224.

Technical analysis of Ripple (XRP):

Over the past day, the price of ripple fell to the support level of $0.2650. Now, it is $0.2680. In the future, we expect the continuation of the negative movement. The nearest resistance levels are $0.2710, $0.2810, $0.2855, $0.2980, $0.30, $0.3080. The nearest support levels are $0.2650, $0.26, $0.2580, $0.2530.


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.
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