Market review, October 29, 2019

2019-29-10 12:12:48

Technical analysis of Bitcoin (BTC):

Market review, October 29, 2019

Over the past day, the price of bitcoin dropped to the mark of $9,178. This price movement coincided with our forecast, but it is just the beginning of the negative movement. Now, the price of bitcoin is $9,430. In the future, we expect the continuation of the downward movement to the support level of $8,500. The nearest resistance levels are $9,570, $9,700. The nearest support levels are $8,700, $8,500.

Technical analysis of Ethereum (ETH):

Market review, October 29, 2019

Over the past day, the price of ethereum grew to the resistance level of $188. Now, it is $187. In the future, we expect the continuation of the upward movement. The nearest resistance levels are $192, $197, $200. The nearest support levels are $185, $181, $178, $173.

Technical analysis of Ripple (XRP):

Market review, October 29, 2019

Over the past day, the price of ripple dropped to the support level of $0.2940. This price movement coincided with our forecast. Now, the price of ripple is at the resistance level of $0.31. In the future, we expect the continuation of the uptrend. The nearest resistance levels are $0.31, $0.3160. The nearest support levels are $0, 30, $0.2940, $0.2910, $0.2840.

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: