Market review, August 3, 2020

2020-03-08 12:02:20

Technical analysis of Bitcoin (BTC):

Over the past weekend, the price of bitcoin rose to the resistance level of $12,120. Then it fell to the support level of $10,500. Now, the price of bitcoin is $11,200. In the future, we predict an increase in the price of bitcoin. The nearest resistance levels are $11,400, $12,230, $13,000. The nearest support levels are $11,000, $10,500, $10,340, $10,250, $10,000, $9,850, $9,600, $9,500, $9,400, $9,300, $9,200, $9,000, $8,600.

Technical analysis of Ethereum (ETH):

Over the past weekend, the price of ethereum rose to the resistance level of $415. Then it fell to the support level of $327. Now, the price of ethereum is $391. In the future, we predict an increase. The nearest resistance levels are $330, $350, $380, $407, $415, $430. The nearest support levels are $325, $310, $300, $290, $277, $270, $260, $257, $250.

Technical analysis of Ripple (XRP):

Over the past weekend, the price of ripple rose to the resistance level of $0.3260. Then it fell to the support level of $0.25. Now, the price of the ripple is $0.3050. In the future, we predict an increase in the price of the ripple. The nearest resistance levels are $0.30, $0.3250, $0.3450. The nearest support levels are $0.27, $0.25, $0.2440, $0.235, $0.23, $0.2250, $0.22, $0.2150, $0.21, $0.2060, $0.2020, $0.20.

Posted: 3.08.2020 | Korolowa Helena
Disclaimer. This review is only for information purposes and cannot be considered as a proposal or an indication to perform certain transactions in the financial and commodity markets. The estimates and recommendations in the review are the personal opinion of the company's analysts. The company's view on the prospects for individual financial instruments is valid as of the date of the report. The Company does not assume any liability and liabilities for compensation for damage that may result from the use of this report.
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