Litecoin price succeeded to reach to our main waited target at 120.00, showing more of the negative signals that supports the chances for the continuation of the bearish bias, opening the way for targeting the recorded top at 89.02.
Therefore, we will keep our bearish trend expectations unless witnessing clear breach and a stability above 156.51 level.
Expected trading range for today is between 100.00 support and 140.00 resistance
Expected trend for today: Bearish
Thanks for your feedback.
Ripple price settles below 0.56 level, reinforcing the expectations for achieving more of the downside moves on the intraday and short term basis, opening the way towards visiting 0.41 level that represents our next main station, taking into consideration that breaching 0.58 might push the price to achieve some intraday gains before resuming the overall bearish trend.
MoreEthereum price keeps moving lower to approach from 400$ barrier now, reinforcing the expectations for the bearish trend continuation on the intraday and short term basis, pointing that our next main target located at 310.00, and the organized trading within the bearish channel supports the chances for achieving the mentioned target, while holding below 565.54 represents an important condition for the continuation of the expected decline.
MoreBitcoin price continues to decline to move near 7500.00 level now, supported by stochastic and the EMA50 negativity, keeping the bearish trend active for the rest of the day, reminding you that our next main target at 6039.30, while holding below 8280.00 represents the first condition for the continuation of the expected decline.
More