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  • Writer's pictureShivkumar

25th Crypto Technical & Market Watch

(By Shivkumar)



The bulls are buying on dips rather than panicking and dumping their positions. If the bulls can push the price above the $ 8966 and $9,200 resistance zone, a rally to $10,360.89 is possible.Bearish below $ 8350 and $7,856.76 support zone. Traders can keep the stops on their buy positions at $7,600.


The biggest altcoin is now likely to move up to $173.841. ETH pair will pick up after it breaks out of the $173.841 and $180 resistance zones. Bearish below $ 157, there is minor support at $151.829. Below these par will turn negative. Traders can retain the stops on their buy positions at $150.


XRP/USD pair will pick up momentum on a break above the $ 0.26.Bearish below $0.20041 is possible. The pair can decline to $0.18339. Traders can set a stop-loss on their buy positions at $0.1995.


The bulls will now attempt to carry the price to $360. We might suggests a consolidation for a few days. Bearish below few support levels between $306.78 and $270.15. These can sink the price below $270.15.

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

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