Market review, November 29, 2019

2019-29-11 11:19:21

Technical analysis of Bitcoin (BTC):

Over the past day, the price of bitcoin rose to the resistance level of $7,670. This movement completely coincided with our forecast. Then it went for a technical correction to the support level of $7,400. Now, the price of bitcoin is $7,540. More than likely, the price of bitcoin will drop even lower. The nearest resistance levels are $7,670, $7,800, $7,900. The nearest support levels are $7,400, $7,160, $6,800, $6,500.

Technical analysis of Ethereum (ETH):

Over the past day, the price of ethereum tried to break through the resistance level of $155. After reaching the support level of $155, it went down for a technical correction. Now, the price of ethereum is $153. More than likely, the price will drop even lower. The nearest resistance levels are $155, $157, $162. The nearest support levels are $150, $145, $141, $139, $137, $132.

Technical analysis of Ripple (XRP):

Over the past day, the price of ripple rose again to the resistance level of $0.23. After reaching the resistance level of $0.23, it went down for a technical to the support level of $0.22. Now, the price of ripple is $0.2270. More than likely, it will drop even lower. The nearest resistance levels are $0.2320, $0.2380. The nearest support levels are $0.2240, $0.2180, $0.2130, $0.2040, $0.20.

Posted: 29.11.2019 | 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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