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Litecoin price gathers the positive momentum – Analysis - 20-02-2019

Economies.com
2019-02-20 05:16AM UTC

Litecoin price continues to fluctuate around the bullish channel’s resistance, and we still waiting to breach this resistance to confirm extending the bullish wave on the short term basis, as our next target is located at 56.45.

 

The EMA50 keeps supporting the expected bullish wave for the upcoming period, which its continuation conditions holding above 42.75.

 

The expected trading range for today is between 44.00 support and 52.00 resistance

The expected trend for today: Bullish

Ripple price tests the resistance – Analysis - 20-02-2019

Economies.com
2019-02-20 05:16AM UTC

Ripple price provided new positive attempts to test 0.33 level, but it’s still below it, which keeps our neutrality valid until now, waiting to confirm breaching the mentioned resistance or breaking 0.29 support to detect the next destination clearly.

 

We remind you that breaching the resistance will push the price to achieve gains that reach 0.41 on the near term basis, while breaking the support will lead the price to resume the main bearish trend that its next target located at 0.24.

 

The expected trading range for today is between 0.26 support and 0.35 resistance

The expected trend for today: Neutral

Ethereum price heads towards the support – Analysis - 20-02-2019

Economies.com
2019-02-20 05:15AM UTC

Ethereum price shows some bearish bias on its way towards potential test to the key support base 137.24, accompanied by stochastic reach to the oversold areas, while the EMA50 keeps providing the positive support to the price.

 

Therefore, these factors encourage us to continue suggesting the bullish trend for the upcoming period, and the price needs to confirm heading towards 170.76 as a next station, reminding you that it is important to hold above 137.24 to continue the suggested rise.

 

The expected trading range for today is between 140.00 support and 170.76 resistance

The expected trend for today: Bullish

Bitcoin price attempts to breach – Analysis - 20-02-2019

Economies.com
2019-02-20 05:15AM UTC

Bitcoin price attempted to breach 3920.00 level without managing to hold above it until now, waiting to get strong positive motive that supports the chances of confirming the breach to rally towards our next target that extends to 4224.00.

 

Stochastic gets rid of its negativity clearly to support the continuation of the positive overview, to continue suggesting the bullish trend in the upcoming sessions conditioned by the price stability above 3810.00.

 

The expected trading range for today is between 3720.00 support and 4200.00 resistance

The expected trend for today: Bullish