Market review, September 10, 2020

2020-10-09 07:26:50

Experts of the international level will come from different parts of the world to perform on September 18 in Kyiv on the BlockchainUA stage.

For several years now, the strongest community in the field of blockchain and decentralized technology has come together to share experiences and exchange ideas for industry development. BlockchainUA is primarily a practical content that is based on the expertise and invaluable experience of the best specialists in the industry.

Advantages of the most discussed technology, business, and entrepreneurship issues in the field of blockchain, current trends, innovative approaches, and regulatory issues – guests of BlockchainUA will be able to hear all this and much more from experts with extensive practical experience in the industry.

Technical analysis of Bitcoin (BTC):

Over the past 24 hours, the price of bitcoin fell to the support level of $9800. In the meantime, the price grew to the resistance level of $10,450. Now, the price of bitcoin is $10,340.  In the future, we predict that the price will be in the flat between $9,800-10,600. The nearest resistance levels are $10,340, $10,500, $11,000, $11,300, $11,400, $11,500, $11,650, $11,850, $12,000, $12,230, $13,000, $13,500.  The nearest support levels are $10,250, $10,200, $10,000, $9,850, $9,600, $9,400, $9,300, $9,200, $9,000, $8,600.

Technical analysis of Ethereum (ETH):

Over the past day, the price of ethereum slightly decreased to the support level of $330. Then it rose to the resistance level of $375. Now, the price of ethereum is $368. In the future, we predict a decline. The nearest resistance levels are $380, $385, $390, $400, $410, $415, $420, $430, $440, $443, $470, $475, $500, $530. The nearest support levels are $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 $0.2480. Now, it is $0.2450. In the future, we forecast a slight increase with a subsequent decline. The nearest resistance levels are $0.2480, $0.25, $0.2580, $0.26, $0.27, $0.28, $0.29, $0.2960, $0.30, $0.3080, $0.31, $0.32, $0.3250, $0.3450. The nearest support levels are $0.2440, $0.2350, $0.23, $0.2250, $0.22, $0.2150, $0.21, $0.2060, $0.2020, $0.20.

Posted: 10.09.2020 | 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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