Market review, November 5, 2019

2019-05-11 13:22:33

Technical analysis of Bitcoin (BTC):  Market review, November 5, 2019

Over the past day, the price of bitcoin rose to $9,570. This price movement coincided with our forecast. After such a price movement, bitcoin went rolled back to the support level of $9,200. Now, its price is $9,270. We expect the continuation of the upward movement. The nearest resistance levels are $9,300, $9,570, $9,700. The nearest support levels are $9,200, $8,960, $8,700, $8,500.

Technical analysis of Ethereum (ETH):

Market review, November 5, 2019

Over the past day, the price of ethereum rose again to the resistance level of $187. This price movement coincided with our forecast. After such an increase, the price of ethereum went down. Now, it is $186. In the future, we expect the continuation of the upward trend. The nearest resistance levels are $192, $197, $200. The nearest support levels are $185, $181, $178, $173.

Technical analysis of Ripple (XRP):

Market review, November 5, 2019

Over the past day, the price of ripple grew to the resistance level of $0.3050. This price movement coincided with yesterday’s forecast. Now, the price of ripple is $0.30. In the future, we expect the continuation of the uptrend. The nearest resistance levels are $0.30, $0.31, $0.3160. The nearest support levels are $0.2940, $0.2910, $0.2850.

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.
Something went wrong
Message: