On the threshold of 2020, new tools with unique functionality are emerging in the cryptocurrency industry that can simplify the payment process.
Last year the community witnessed a unique merger of traditional payment companies with cryptocurrency companies. The Skrill and PayPal platforms strive to provide new opportunities for buying and using digital currencies.
This step has provoked a certain ambivalence, where significant benefits are obvious but not fully realized. In other words, traditional payment companies show progress in development, but the work done remains insufficient.
Cryptocurrencies have been developing for several years, and recently, many traditional payment companies are starting to think about their prospects.
Such companies are trying to provide the cryptocurrency community with new products and services consistently. For example, the online payment platform Skrill recently announced the launch of a cryptocurrency purchase and sale service, with which users can exchange bitcoins for other crypto assets.
Well-known payment companies, such as PayPal, also do not stand by and direct resources to cryptocurrency startups.
Technical analysis of Bitcoin (BTC):
Over the past day, the price of bitcoin fell slightly to the support level of $7,200, then it rose to the resistance level of $7,400. Now, the price of bitcoin is $7,350. In our opinion, bitcoin will continue its negative movement. The nearest resistance levels are $7,400, $7,450, $7,550, $7,640, $7,800, $7,900, $8,000. The nearest support levels are $7,270, $7,200, $7,100, $7,000, $6,850, $6,400, $6,200, $6,000.
Technical analysis of Ethereum (ETH):
Over the past day, the price of ethereum dropped to the support level of $126, then it rose to the resistance level of $129. Now, it is $128. In our opinion, ethereum will continue its negative movement. The nearest resistance levels are $129, $132, $135, $138, $139, $141, $143, $145, $146, $147, $150. The nearest support levels are $126, $125, $120, $116.
Technical analysis of Ripple (XRP):
Over the past day, the price of ripple fell to the support level of $0.1880, then it rose to the mirror resistance level of $0.1919. Now, the price of ripple is $0.1910. In our opinion, ripple will continue its negative movement. The nearest resistance levels are $0.1919, $0.1940, $0.1980, $0.20, $0.2040, $0.21. The nearest support levels are $0.19, $0.1850, $0.18, $0.1870, $0.1750, $0.16.
