17th September - Cryptocurrency Price Analysis - By Shivkumar
Technical charts suggests that the momentum is with the bulls and can push the price above $11,700, a rally to $12,460 is likely.
Bears do have a difficult task to reach several support levels to reach $9,835, and it bearish below $ 11,000.
Bullish above $ 389 and can target $419.473 and if bulls push the price a retest of the $480–$488.134 resistance is likely.
Bearish below $ 389 and breaks below $353.43 and could attract selling drag the price down to the critical support at $308.392.
Bearish below $0.252 and bears have control and sink the price below the $0.235688–$0.229582 support zone, the selling is likely to intensify. The next support on the downside is much lower at $0.19.
Bullish above $ 0.252.
Bullish above $ 240.74 , it will increase the likelihood of a rally to $260 and then to $280.
The pair can remain range bound if it fails to sustain above $235.05.
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