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Midday update for Ripple 28-03-2018
Ripple price tests the bearish channel’s resistance that appears on the chart, accompanied by stochastic losing the positive momentum clearly, while the EMA50 meets the mentioned resistance to add more strength to it.
Therefore, these factors encourage us to continue suggesting the bearish trend that depends on holding below 0.72, reminding you that our next main target reaches 0.41.
Expected trading range for today is between 0.40 support and 0.72 resistance
Expected trend for today: Bearish
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Midday update for Ethereum 28-03-2018
Ethereum price keeps its stability below the bearish channel’s resistance, to keep the bearish trend scenario active until now, supported by the negative pressure formed by the EMA50, waiting to head towards 310.00 as a next main station, while the expected decline will remain valid unless breaching 565.54 level and holding above it.
MoreMidday update for bitcoin 28-03-2018
Bitcoin price shows positive trading now to approach retesting the previously broken neckline of the minor double top pattern, accompanied by stochastic approach to the overbought areas, which forms negative factor that we are waiting to push the price to rebound bearishly and resume the bearish trend again.
MoreMidday update for NZDUSD 28-03-2018
The NZDUSD pair shows negative trading since morning to move away gradually from 0.7281 level, which supports the expectations of continuing the bearish trend in the upcoming sessions, waiting to test 0.7185 initially, reminding you that the continuation that the continuation of the expected bearish trend depends on holding below 0.7281 and 0.7310 levels.
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