The EURGBP pair succeeded to hold above the breached resistance recently at 0.8905, confirming its affection by the bullish bias domination, noticing recording 0.8975 level, while stochastic attempting to move towards the overbought areas increases the chances of gaining the positive momentum and allows us to wait to touch the first target at 0.8995, followed by attempting to reach the key resistance 0.9030.
Expected trading range for today is between 0.8945 and 0.8995
Expected trend for today: Bullish
Litecoin price tested the previously broken support that turns into minor resistance now at 26.30, and it begins to rebound bearishly from there, motivated by stochastic positivity that appears clearly on the four hours’ time frame, waiting for more decline in the upcoming sessions.
Therefore, the bearish trend will remain suggested on the intraday basis conditioned by the price stability below 30.40, reminding you that our next main target is located at 20.00.
Expected trading range for today is between 20.00 support and 27.00 resistance
Expected trend for today: Bearish
Ripple price fluctuates around 0.30 level, and it continues to crawl calmly downwards, on its way to visit our main waited target at 0.24, supported by stochastic and the EMA50 negativity.
Therefore, the bearish trend will remain suggested in the upcoming sessions unless breaching 0.42 level and holding above it.
Expected trading range for today is between 0.20 support and 0.35 resistance
Expected trend for today: Bearish
Ethereum price surpassed the bearish channel’s resistance that appears on the chart, but it moves within minor bullish channel that we believe it forms bearish flag pattern that will support the expectations of continuing the overall bearish trend, and the price needs to break 89.30 level to confirm rallying towards our next negative target at 60.00.
Therefore, we will keep our bearish overview supported by stochastic negativity, noting that it is important to hold below 105.00 to continue the expected decline.
Expected trading range for today is between 80.00 support and 100.00 resistance
Expected trend for today: Bearish