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Litecoin loses momentum – Analysis - 22-01-2018
Litecoin price continues to fluctuate around the key resistance 198.26, keeping its stability below it, which keeps the negative pressure valid until now, supported by the EMA50 that meets the mentioned level, besides stochastic losing the bullish momentum and entering the overbought areas.
Therefore, the bearish trend will remain suggested in the upcoming sessions, reminding you that our main waited targets begin at 156.51 and extend to 89.02 after breaking the previous level.
Expected trading range for today is between 140.00 support and 220.00 resistance
Expected trend for today: Bearish
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Ripple tests the support – Analysis - 22-01-2018
Ripple price declined to test the key support 1.29 and settles near it, reminding you that this level is important to detect the next trend, as breaking it will push the price to visit 0.67 areas mainly, while on the other hand, breaching 1.68 will push the price to achieve gains that start at 1.99 and extend to 2.30.
MoreBitcoin touches the first target – Analysis - 22-01-2018
Bitcoin price managed to touch our first main target at 12852.00, as it found solid resistance there that forced the price to rebound bearishly to test the key support base 11160.00, noting that the price begins to provide positive trades now that hint the attempt to resume the bullish trend again.
MoreEthereum attacks the resistance – Analysis - 22-01-2018
Ethereum price attempted to breach 1068.00 level but it could not manage to hold for long time above it, to fluctuate around this level again, accompanied by stochastic gaining the positive momentum on the four hours’ time frame, waiting to motivate the price to confirm breaching the mentioned level and open the way to visit our next target at 1204.00.
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