Midday update for Ripple 22-01-2018

Ethereum price continues its positive attempts to surpass 1068.00 barrier and attempts to build support base above it, which supports the continuation of our bullish overview on the intraday and short term basis, waiting to be released from the negative pressure formed by the EMA50 to rally towards 1204.00 as a next main station.

Bitcoin price shows calm positive trading in attempt to move away from 11160.00 level, motivated by stochastic positivity that appears on the four hours’ time frame, to keep the bullish trend scenario valid as it is without any change, depending on the stability above 10748.00 level, while the targets begin by breaching 12852.00 to confirm opening the way towards 15456.00 as a next main target.

The NZDUSD pair rebounds upwards clearly now after testing the bullish channel’s support that appears on the chart, which supports the continuation of our bullish overview efficiently in the upcoming sessions, supported by stochastic and the EMA50 positivity, waiting to target 0.7375 followed by 0.7560 levels as next main stations, reminding you that it is important to hold above 0.7260 to achieve the suggested targets.