Bitcoin price faced clear negative trading in the previous sessions after failing to breach 12852.00 level, to push on 10748.00 level and moves below it now, which hints continuing the decline within the bearish channel that appears on the above chart and stopping the recently suggested positive scenario.

Therefore, the bearish bias will be suggested in the upcoming sessions, supported by the negative pressure formed by the EMA50, noting that our next target is located at 8643.00, while breaching 10748.00 followed by 11160.00 levels represents the key to stop the expected decline and rallying to achieve gains again.

Expected trading range for today is between 9000.00 support and 11160.00 resistance

Expected trend for today: Bearish

Litecoin price resumed its negative trading after testing 198.26 level in the previous days, to approach our first waited target at 156.51 now, reminding you that breaking this level will push the price to head towards 89.02 as a next main station.

Therefore, we will continue to suggest the bearish trend in the upcoming sessions unless breaching 198.26 level and holding above it, noting that the EMA50 and stochastic provide negative factors that support the expected decline.

Expected trading range for today is between 140.00 support and 200.00 resistance

Expected trend for today: Bearish

Ripple price traded with clear negativity yesterday to attack 1.29 level and settles below it now, which puts the price under more expected negative pressure in the upcoming period, affected by the head and shoulders’ pattern that appears on the above chart.

Therefore, the bearish trend will be suggested for today, noting that the next main target is located at 0.67, while breaching 1.29 followed by 1.50 levels represents the key to stop the current decline and start recovery attempts on the intraday and short term basis.

Expected trading range for today is between 0.90 support and 1.50 resistance

Expected trend for today: Bearish

Ethereum price returned to provide negative trades after finding solid resistance at 1068.00, to test the key support 958.00 now, which represents 50% Fibonacci correction level for the rise measured from 492.02 to 1424.30, which means that breaking it will push the price to visit 848.14 level direct.

The EMA50 forms negative pressure against the intraday trades, while stochastic provides clear positive signals on the four hours’ time frame, thus, this contradiction between the technical factors makes us prefer staying aside until getting clearer signal for the next trend, which we will get through breaching one of the next trend keys represented by 958.00 support and 1068.00 resistance, noting that breaching this resistance will confirm regaining the main bullish trend that its next target located at 1204.00.

Expected trading range for today is between 900.00 support and 1068.00 resistance

Expected trend for today: Neutral