Market review, January 14, 2020

4
2020-01-15 13:01:27

Technical analysis of Bitcoin (BTC):

Over the past day, the price of bitcoin rose sharply to the resistance level of $8,500. Now, it is $8,512. In the future, we predict an increase in the price of bitcoin, but first, we expect a technical correction downwards. The nearest resistance levels are $8,750, $9,000, $9,200. The nearest support levels are $8,400, $8,250, $8,140, $8,000, $7,900, $7,800, $7,640, $7,500.

Technical analysis of Ethereum (ETH):

Over the past day, the price of ethereum rose sharply to the resistance level of $151; then it dropped to the support level of $148. Now, the price of ethereum is $152. In the future, we predict the continuation of the positive movement, but first, we expect a technical correction downwards. The nearest resistance levels are $155, $158, $160, $145, $146, $147, $150. The nearest support levels are $152, $150, $147, $145, $141, $139, $137.


Technical analysis of Ripple (XRP):

Over the past day, the price of ripple rose to the resistance level of $0.2250; then it dropped to the support level of $0.22. Now, the price of ripple is $0.2210. In the future, we predict the continuation of the positive movement, but first, we expect a technical correction downwards. The nearest resistance levels are $0.2240, $0.23, $0.2350. The nearest support levels are $0.22, $0.2170, $0.21, $0.2090, $0.2040, $0.2020, $0.20, $0.1980.


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: