11th July - Cryptocurrency Price Analysis - by (Shivkumar)
Bearish if the bears sink the price below $ 9,258 it will favor bears and a drop to $8,638.79 is possible.
Bullish if pair rises from the current levels or $ 9,258, the bulls will again try to resume and if the price sustains above $9,500, a rally to $10,000 will be on the cards.
Bears are aggressively defending the $249.195–$253.556 resistance zone.
A close above $253.556 will increase possibility a rally to the next target at $288.599.
If the bears sink the price below the $ 231, it could be range-bound for a few more days.
If the bulls try to propel the price above $0.214616 and if successful it could pave the way for a rally to $0.235688.
If the bears sink the pair below the $0.192, it could signal shorting and a move could drag the price to the $0.17 levels once again.
Bearish below $233, a drop to $217.55 is possible an can drag the price to $200.
Bullish if pair rebounds off the current levels make another attempt to scale the price above $245.49. If they succeed, a rally to $260 and then to $280.47 is possible.
Disclosure: The author holds no cryptocurrency at the time of writing.Register for Technical news and market update email@example.com || Facebook :- www.facebook.com/shivfxcrypto ||Instagram :- www.instagram.com/shivfxcrypto1 ||Twitter :-www.twitter.com/shivfxcrypto|| Whats App :- +91-70439-12326