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Ripple price breaks the support – Analysis - 29-03-2018
Ripple price begins the breaking process to 0.56 level by today’s opening, to move below this level now, which supports the continuation of our bearish overview efficiently in the upcoming period, supported by the negative pressure formed by the EMA50, paving the way to head towards our next target at 0.41.
Holding below 0.58 represents the first condition to continue the expected decline, as breaching it will push the price to test the most important resistance at 0.72 before any new attempt to decline.
Expected trading range for today is between 0.40 support and 0.72 resistance
Expected trend for today: Bearish
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Ethereum crawls downwards – Analysis - 29-03-2018
Ethereum price trades with calm negativity to settle inside the bearish channel that appears on the chart, falling under the negative pressure that the EMA50 continues to provide, to keep the bearish trend scenario active in the upcoming sessions, reminding you that our next target reaches 310.00.
MoreBitcoin price resumes the decline – Analysis - 29-03-2018
Bitcoin price begins today’s trading with clear bias to move away from 8000$ barrier, which supports the continuation of our bearish overview efficiently in the upcoming period, motivated by stochastic that appears clearly now, and the way is open to head towards our next main target that reaches 6039.30.
MoreUSDCHF rallies upwards – Analysis - 29-03-2018
The USDCHF pair traded with strong positivity yesterday to breach 0.9488 level and rallies towards 0.9581 direct, as the price settles below this level, starting today with slight bearish bias that hints the return to decline again, especially that stochastic shows clear overbought signals.
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