DashCoin price provides slight negative trades to move inside the bearish channel that appears on the chart, thus, the bearish trend scenario will remain valid and active on the intraday and short term basis, supported by the negative pressure formed by the EMA50, waiting to target 64.40 level as a next station, reminding you that it is important to hold below 93.13 to continue the expected decline.
The expected trading range for today is between 75.00 support and 87.00 resistance
The expected trend for today: Bearish
Litecoin price settled below 70.00, to activate the bearish trend scenario again, and the price needs to surpass the EMA50 to confirm the continuation of the bearish bias in the upcoming sessions, paving the way to head towards 52.00 level as a next main target.
MoreThe tight range keeps dominating Ethereum price trades, which hovers around the bearish channel’s resistance, thus, no change to the bearish trend scenario that depends on the price stability below 189.90, while our next main target is located at 149.10.
MoreBitcoin price provided positive trading to test the intraday bearish channel’s resistance that appears on the chart, and the EMA50 meets this resistance to add more strength to it, while stochastic reaches the overbought areas.
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