• Shivkumar

22nd Feb - Crypto Technical & Market Watch

(By Shivkumar)

1) BTC/USD

The first target is at $11,400 which will be a huge positive as it can carry the BTC/USD pair to  $13,973.50. Traders can go long positions once again after the price moves above $10,500.Bearish below $10,500, an attempt to fall the price to the critical support at $9,097.15.

2) ETH/USD

ETH will be consolidating between consolidating between $235.70 and $288.599.Bullish above $288.599, and the next target to watch out for is $318 and above it $366. Traders can protect their remaining buy positions with stops at $230.Bearish below $235.70, and further fall to $197.75.


3) XRP/USD

Bearish below $0.26362, fall at $0.248 and below it to $0.21302. Traders can keep the stop loss on their buy positions at $0.26.Bullish above $0.26362, and attempt to break above $0.31503. If successful, a move to $0.34681 is possible, but if the price fails to scale above $0.31503 then a few days of range-bound action is likely.


4) BCH/USD

The altcoin is currently attempting to bounce at $358.A move below $352.72 can drag the price to $306.78.The BCH/USD pair will show positive strength above the $410.

Disclosure: The author holds no cryptocurrency at the time of writing.

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