|
Ripple price faces solid resistance – Analysis - 19-07-2018
Ripple price finds difficulty to surpass 0.52 level, which forced the price to rebound bearishly to head towards potential test to the recently recorded low at 0.42, and as long as the price is above this level, we believe that the chances will be valid to resume the positive attempts, waiting to breach 0.52 – 0.54 levels to confirm opening the way to head towards 0.61 followed by 0.73 levels on the near term basis.
Expected trading range for today is between 0.42 support and 0.62 resistance
Expected trend for today: Bullish
Thanks for your feedback.
Ethereum price tests the moving average – Analysis - 19-07-2018
Ethereum price trades negatively to move below 496.00 level, but we notice that the EMA50 attempts to protect the price from achieving more decline, while stochastic enters the oversold areas.
MoreBitcoin price needs a positive motive – Analysis - 19-07-2018
Bitcoin price shows some bearish bias now affected by stochastic negativity, which begins to get rid of its negative momentum and head towards the oversold areas, to support the chances of resuming the expected bullish trend for the upcoming period, supported by the EMA50.
MoreUSDCHF gets the positive momentum – Analysis - 19-07-2018
The USDCHF pair shows some slight bearish bias to test the EMA50, accompanied by stochastic reach to the oversold areas, to form positive motive that we expect to push the price to rise again, waiting to breach 1.0055 level to open the way to head towards 1.0170 level on the near term basis.
More