After a strong rally, the Bitcoin Cash price reached a short-term high near $1,834. The price began a downward correction and fell below support levels of $1,800 and $1,750 an ounce. But in this downward correction there are some support zones that can prevent further price falls.
The support level around $1,645 is a strong support and prevents losses. Furthermore, there is a crucial bullish trend line with support at $1,610 on the hourly chart. As long as the price remains above the indicated $1,645 and $1,610 support levels, Bitcoin Cash could recover in the near future.
Bitcoin Cash Price Technical Analysis on https://www.onlinebetrug.net/en/
Looking at the chart, a short-term resistance is forming near the $1,750 level. A breach of this barrier could trigger a push to the $1,800 level. The MACD is back in the https://www.onlinebetrug.net/en/ bearish zone. The RSI is now well below the 50 level and still shows the slight dominance of sellers. The highest support level is currently at $ 1,610 an ounce, while the highest resistance is at $ 1,750 an ounce.
Ethereum Price Highlights and bitcoin code
Ether price began a downward correction after ETH was already trading at $830 an ounce
There was a breach below a major bullish trend line on the read more about it hourly chart with support at $805 an ounce.
Ether could correct further, but there is a large support range at $725-730 zone
Ethereum price corrects against US dollar and Bitcoin. ETH continues to be supported above $725.
Technical Indicators Signals
Last week there were solid gains of over $800. The price was traded close to $830 an ounce before encountering strong resistance. Later, a downward correction was initiated and the price fell below the support levels of $800 and $780.
There was a breach below a major bullish trend line with support at $805 on the hourly chart. Ether is currently trading even below the $760 level and has moved below the 100-hour SMA. The $725-730 range is significant and is likely to prevent further losses in the near future.
Ethereum Price Technical Analysis
Looking at the chart, the price is currently in a correction phase. However, ether must hold the $725 support in order to defy selling pressure. On the other hand, the initial resistance is at $760. However, a break above the resistance at $770 an ounce and the 100-hour SMA is required for Ethereum to regain momentum. The MACD is now in the bearish zone. The RSI is currently approaching the 30 level, signaling strong selling pressure.
Ripple Price Highlights
The Ripple price was traded near the $0.9250 mark before the resistance acted as a clear sell zone.
There was a breach below an important bullish trend line on the hourly chart with support at $0.9000
XRP currently under pressure and could fall further towards $0.7800 in the short term
XRP could extend the current decline to support levels of $0.7900 and $0.7800, respectively.
Technical Indicators Signals
Last week we saw a decent rally above $0.9000 an ounce. The price reached a high of $0.9240 an ounce. Then there was a downward correction and the price fell below the support levels of $0.9000 and $0.8800.
There was a breach below an important bullish trend line with support at $0.9000 on the hourly chart. XRP has even levelled off below the support of $0.8500 and the 100 hour SMA. If the price continues to move lower and breach the $0.8150 support, there could be further declines towards $0.7800.
Ripple Chart from TradingView
Ripple Price Technical Analysis
Looking at the chart, the price is clearly under pressure from the $0.9000 high. Each w