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Litecoin price within tight track – Analysis - 18-10-2018

Economies.com
2018-10-18 04:36AM UTC

The tight range keeps controlling Litecoin price trading, which moves below the EMA50, and we still waiting for breaking 50.00 to reinforce the expectations for the bearish trend continuation on the intraday and short term basis, where our next target at 40.00.

 

Therefore, we will keep preferring the bearish trend in the upcoming period unless breaching 56.80 level and holding above it.

 

Expected trading range for today is between 45.00 support and 56.00 resistance

Expected trend for today: Bearish

 

Ripple price is stable – Analysis - 18-10-2018

Economies.com
2018-10-18 04:36AM UTC

Ripple price settles near 0.46 level since yesterday, and the price keeps its stability below the critical resistance at 0.52, keeping our bearish trend expectations valid until now, supported by stochastic move within the overbought level, waiting for bounding lower to head to 0.42 then 0.24 levels as next stations.

 

Breaching 0.52 level will stop the negative scenario and leads the price to target 0.60 then 0.69 levels initially.

 

Expected trading range for today is between 0.35 support and 0.52 resistance

Expected trend for today: Bearish

 

No news for Ethereum price – Analysis - 18-10-2018

Economies.com
2018-10-18 04:36AM UTC

Ethereum price didn’t show any strong move in the last sessions, keeping its stability below 218.77 level, therefore, the bearish trend will remain valid as it is without any change, and its targets begin by breaking 199.10 level, to confirm opening the way towards 167.32 as a next station.

 

Expected trading range for today is between 180.00 support and 230.00 resistance

Expected trend for today: Bearish

Bitcoin price tests the resistance – Analysis - 18-10-2018

Economies.com
2018-10-18 04:36AM UTC

Bitcoin price tests the critical resistance at 6500.00, as long as the price below this level, so our expectations for the bearish trend will remain valid in the upcoming period, waiting for targeting 6040.00 then 5880.00 levels mainly.

 

Reminding you that breaching the above mentioned resistance will push the price to turn to the upside and visit 6880.00 levels initially.

 

Expected trading range for today is between 5800.00 support and 6700.00 resistance

Expected trend for today: Bearish