• Shivkumar

22nd September - Cryptocurrency Price Analysis - By Shivkumar


1) BTC/USD

  • The trend are bearish which can be seen from recent fall and bears used the recent relief rally to $11,000 to initiate short positions.  

  • Bearish will try to sink the price below $ 9835 and if succeed price can fall to $ 9000 or further down.

  • If the pair rebounds off the $10,000–$9,835, support, the bulls will once again attempt to push the price above the $11,225.

  • If succeeded we can see a new uptrend.

2) ETH/USD

  • Bears intensified selling after it broke support $353.443, and the next support on the downside is $308.392 and below it $288.

  • If the pair rebounds from these quickly than we can see bulls buying aggressively at these level.

  • Bullish above if the bulls can push the price above the $ 353 and at $400.

3) XRP/USD

  • Bears trying to sink the price $0.235688–$0.229582 support zone and if successful can decline to $0.19.

  • Bullish above current level and $ 0.26.

4) BCH/USD

  • Bearish if bears can close the price below $215, the pair can drop to the critical support at $200.

  • Bullish above $ 234.

  • Break below $ 200 will be negative for BCH.

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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