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Ethereum is stable – Analysis - 05-03-2018
The tight range continues to dominate Ethereum price trades, which remains stable below 884.42 level, thus, no change to the expected bearish trend scenario on the intraday and short term basis, supported by stochastic negativity that appears on the four hours’ time frame, noting that we are waiting to target 821.06 followed by 723.48 levels as next main stations.
Expected trading range for today is between 800.00 support and 920.00 resistance
Expected trend for today: Bearish
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Ripple recovers – Analysis - 05-03-2018
Ripple price trades with clear positivity on yesterday’s evening to breach 0.98 level and attempts to hold above it, which hints the price head to recover on the intraday and short term basis, targeting testing 1.07 level as a next station.
MoreBitcoin resumes rising – Analysis - 05-03-2018
Bitcoin price shows positive trades by today’s opening to resume its bullish track after building support base above 10748.00 level, which supports the expectations of achieving more gains in the upcoming sessions, reinforced by stochastic and the EMA50 positivity, waiting to test 102852.65 level as a next station.
MoreUSDCHF breaks the support – Analysis - 05-03-2018
The USDCHF pair continued to decline to break 0.9373 level and settles below it, which puts the price under the negative pressure again, especially that the price moves below the EMA50, to head towards targeting 0.9186 as a next main station.
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