Copper price kept its stability within the bullish correctional range by forming a new positive crawl, approaching from the moving average 55, reminding you that monitoring the price behavior in case testing the bearish channel’s resistance that is located at 2.6630 currently, due to the importance of this barrier to detect the main trend in the upcoming trading.
The risk of changing the current trend is represented by the price reach below the initial support at 2.5500, to force it to form a strong negative attack, to suffer several losses that begin at 2.4800.
The expected trading range for today is between 2.5850 and 2.6630
The expected trend for today: Bullish
DashCoin price achieved temporary strong gains on yesterday’s evening to test 93.13 level, but it returns to settle around 85.00 again, which keeps the bearish trend scenario valid as it is without any change for the upcoming period, which conditions holding below the mentioned level, while our next main target is located at 64.40.
MoreLitecoin price keeps its stability below 70.00 level, moving inside the main bearish channel that appears on the chart, thus, no change to our bearish overview, which depends on the price stability below 70.00 and 71.60 levels, while our next main target is located at 52.00.
MoreEthereum price fluctuates within tight track around the bearish channel’s resistance that appears on the chart, while stochastic begins to provide negative signals now, waiting to assist to push the price to resume the expected bearish trend for the upcoming period, which targets 149.10 level mainly, while achieving it conditions holding below 189.90.
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