• Shivkumar

30th June - Cryptocurrency Price Analysis

(By Shivkumar)

1) BTC/USD

  • BTC below $ 9407, the bears will try to sink the price below $8,825.

  • If the bears succeed, it will fall to a minor support at $8,638.79 and decline to $8,130.58 is possible.

  • The trend shows bears in control.

  • Bearish trend will be invalidated if bulls break above $ 9407. This will suggest strong buying at lower levels.

2) ETH/USD

  • Bulls are currently attempting to push price above $225.783.

  • If bulls break $230 the price call rally to $253.556.

  • Bearish below $ 230 and fall below $216.006.

  • If successful, a drop to $200 and then to $176.112 is possible.

3) XRP/USD

XRP is in bearish trend.

There has been strong sell below support channel of $ 0.18, and it can fall to support $ 0.14 and can extend to $ 0.124.

If the bulls can push the price above channel $ 0.18 than the bulls will be in control.


4) BCH/USD

  • Break of support at $217.55 and fell to a low of $204.93.

  • Bulls purchased this dip and pushed the price back above $217.55 which suggests demand at lower levels.

  • Bears are in control and below $233 might be bearish and might sink the price below $ 200.

  • If successful we will see a new down trend. The price can fall at $180, and if that cracks, the next level to watch out for is $140. 

  • Bull can have control if BCH/USD pair rebounds off $200 again, it will increase the possibility of a move to $240.

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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