Market review, August 4, 2020

2020-04-08 12:54:39

Technical analysis of Bitcoin (BTC):

Over the past day, the price of bitcoin grew to the resistance level of $11,500. Then it fell to the support level of $11,050. Now, the price of bitcoin is $11,150. In the future, we predict a decline. 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 day, the price of ethereum to the resistance level of $400. Then it fell to the support level of $380. Now, the price of ethereum is $390. In the future, we predict a decline. The nearest resistance levels are $400, $407, $415, $430. The nearest support levels are $380, $350, $330, $325, $310, $300, $290, $277, $270, $260, $257, $250.

Technical analysis of Ripple (XRP):

Over the past day, the price of ripple grew to the resistance level of $0.32. Then it fell to the support level of $0.2940. Now, the price of ripple is $0.30. In the future, we predict an increase. The nearest resistance levels are $0.3250, $0.3450. The nearest support levels are $0.30, $0.27, $0.25, $0.2440, $0.235, $0.23, $0.2250, $0.22, $0.2150, $0.21, $0.2060, $0.2020.

Posted: 4.08.2020 | 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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