Market review, September 12, 2019

2019-12-09 15:00:26

Technical analysis of Bitcoin (BTC):

Over the past day, bitcoin grew in price, reaching the resistance level of $10,200. This movement fully coincided with our yesterday’s forecast. Now, the price of bitcoin is $10,150. There is a high probability that bitcoin will go even higher. The nearest resistance levels are $10,200, $10,400, $10,650. The nearest support levels are $10,000, $9,700, and $9,500.

Technical analysis of Ethereum (ETH):

Over the past day, the price of ethereum dropped to the support level of $173. This movement completely coincided with our yesterday’s forecast. After that, ethereum rebounded from the support level of $173 and rose. Now, it’s price is $177. We expect further growth. The nearest resistance levels are $181, $185. The nearest support levels are $173, $172, $169, $165.

Technical analysis of Ripple (XRP):

Over the past day, ripple fell in price, broke through the support level of $0.25 and dropped to the mark of $0.2475. Now, the price of ripple is $0.2505. Ripple looks very weak. We believe that it will go even lower to the support level of $0.2450. The nearest resistance levels are $0.2520, $0.2560. The nearest support levels are $0.25, $0.24800, $0.2450.

Posted: 12.09.2019 | 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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