• Shivkumar

18th June - Crypto Price Analysis

(By Shivkumar)

1) BTC/USD

  • The bears at higher lever are selling and bulls are struggling to push bitcoin above $9,600.

  • A break below $9,355 and $8,910.04 support zone will favor the bears and a drop to the critical support at $8,130.58 is possible aggressively.

  • If bulls can push the price above $ 9,489, a retest of $10,500 is likely and could start a new uptrend.

2) ETH/USD

  • Bearish below $239.50 within the next few days and try to sink the price below $ 232 could drag the price to $196.875 and then to $176.112.

  • Bullish if the price above $239.50, a move to $253.556 is likely with a target objective of $288.599.

3) XRP/USD

  • Bearish below $ 0.19 and a new downtrend is likely to the first support is at $0.162 and below that $0.144.

  • A break above $ 0.19 be the first sign of strength for the bulls to target first resistance of $ 0.20.

4) BCH/USD

  • Bearish below $ 244, a drop to $217.55 is likely and can extend to critical support of $200.

  • A break below this level could start a new downtrend.

  • Bullish if the price above $ 244,a move to $255.46 and above it to $280.47 is possible.

  • A breakout this level could start of a new uptrend.

Disclosure: The author holds no cryptocurrency at the time of writing.Register for Technical news and market update shiv@shivfxcrypto.com || Facebook :- www.facebook.com/shivfxcrypto ||Instagram :- www.instagram.com/shivfxcrypto1 ||Twitter :-www.twitter.com/shivfxcrypto|| Whats App :- +91-70439-12326

Image by Andrew Neel

FOREX - CRYPTOCURRENCY

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