23rd July - Cryptocurrency Price Analysis - by (Shivkumar)
Above $9,500, we can see a hurdle by bears at $10,000–$10,500 zone, but if the bulls can clear this hurdle, a new up move is likely.
Above $9,500, we can see upto $10,376.38 which has a target objective of $11,870.50.
Bearish if bulls fail to propel the price above $9,500, the pair might again drop to the $ 9,247 and break below this support could result in a drop to $8,800.
ETH has carried itself close to range of $249.195–$253.556.If it breaks these range its first target could be $288.599 and further rally could lead the price to $ 366.
Bearish below $254.556, a few more days of range-bound action is likely and will turn in favor of the bears if the support at $216.006 gives way.
Bulls purchased at the dip of $ 0.19.
Above $ 0.19, the price could journey towards the next target of $0.214616.
Below $ 0.19, the price could fall below $0.188499, a drop to $0.17 is possible.
Above $ 235, a move to $246 is possible.
If the price below $ 235, it could be range bound between $217.55 and $246.
Above $246 bulls will be at advantage and break below $217.55 bears will have the upper hand.
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