• Shivkumar

28th - Crypto Technical & Market Watch

(By Shivkumar) #cryptotrading #crypto #btcusd #ethusd #xrpusd #bchusd #technicalanalysis #btcnews #CryptoNews #btc #xrp #bch #eth #cryptocurrencytrader #cryptotrading #cryptomarket #cryptocoins #cryptoinvestor #cryptosignals #cryptolifestyle #cryptowallet #cryptoinvest

1) BTC/USD

The bears will resume their efforts to sink the price below $7,000. A break below $7,000 can drag the price to the recent low of $6,435. If the bulls can push the pair $7,856.76 it can move up. Traders can buy above $7,856.76 as suggested analysis.


2) ETH/USD

The sellers will try to breaking below the recent low of $117.09 and a drop to $100 is possible. if the bulls defend the support at $117.09 remain range-bound for a few days.A break of $117.09 is crucial. We suggest no trade and wait for confirmation.

3) XRP/USD

A break below the recent low of $0.17468 can extend the downtrend to $0.15. If the pair rebounds from $0.17468, it might remain range-bound for a few days. We wait for the break of price of $0.20041 before suggesting any trade.


4) BCH/USD

Trading above $183.40 can push the price to $227.01. Short-term traders can buy above $203.36. The stop-loss for the trade can be kept at $181, and trailed higher as price moves higher. If negative can test $ 183 levels. We wait before suggesting any trade.

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

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FOREX - CRYPTOCURRENCY

© 2023 by ShivFxCrypto

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