Trend Analysis: BTC ETH XRP BCH LTC

30 thg 8, 2018

BTC/USD
Overview:
The price has rolled back and is trading below the 7000 level. We expect the maximum correction levels: 6800, 6600. Cancellation of a long signal is the price going below the level of 6600.

Current situation:
The price went into rollback and is trading below $7000. We expect the maximum correction levels: $6800, $6600. Cancellation of a long signal is the price going below the level of 6600.

Resistance levels: $7200; $7500, $7800.
Support levels: $6350; $6100; $5800; $5400; $4500

Forecast:
The increase in Bitcoin's price from the $6900-$6800 zone and the targets: $7200, $7500.

ETH/USD
Overview: The global trend remains descending.

Current situation:
We expect the growth to continue from the level of$270. The cancelation of a long scenario is the price going below$260.

Resistance levels: $300; $325; $350; $380; $400.
Support levels: $270; $250; $240, $220, $180.

Forecast:
The continuation of the growth of the price of the Ethereum from the level of $270 and the target in the $350-$380 zone.

XRP/USD
Overview:
Downtrend.

Current situation:
The forecast remains the same. We expect the price of XRP/USD to continue to increase to $0.38-$0.42. The cancellation of the forecast is the withdrawal of the price below $0.32.

Resistance levels: $0,36; $0,38; $0,40; $0,44; $0,47; $0,52; $0,54.
Support levels: $0,30; $0,28; $0,24; $0,22.

Forecast:
Ripple price rising upwards to$0.38-$0.42.

BCH/USD
Overview:
Trend is bearish.

Current situation:
Bitcoin Cash price is trading below$530, if the price is fixed below this level, then sellers will have a chance to update their lows. We still remain on the side of buyers and expect the continued growth to the$650-$680 zone.

Resistance levels:$585;$600;$620;$650;$680.
Support levels: $500; $470; $450; $400.

Forecast:
The rise in Bitcoin Cash's price from the level of$520 and the target in the$650-$680 zone.

LTC/USD
Overview:
Trend is bearish.

Current situation:
The Litecoin quotation went below level 60 and is trading near the 58 mark. We expect further price growth to the$65-$72 zone. The cancelation of the long-term scenario is the price going below$55.

Resistance levels: $62; $65; $67; $72; $75.
Support levels: $55; $50; $46.

Forecast:
Continuation of the growth of the price of Litecoin to the $65-$72 zone.