Market review, October 30, 2019

2019-30-10 11:58:45

Technical analysis of Bitcoin (BTC):  Market review, October 30, 2019

Over the past day, the price of bitcoin dropped to the mark of $9,000 twice. This price movement coincided with our forecast. Now, it is $9,050. In the future, we expect the continuation of the downward movement to the support level of $8,500 followed by the uptrend. The nearest resistance levels are $9,300, $9,570, $9,700. The nearest support levels are $8,700, $8,500.

Technical analysis of Ethereum (ETH):

Market review, October 30, 2019

Over the past day, the price of ethereum rose to the resistance level of $193. This price movement coincided with our forecast. After this growth, the price of ethereum started a negative movement. Now, its price is $181. In the future, we expect the continuation of the downward movement. The nearest resistance levels are $185, $192, $197, $200. The nearest support levels are $181, $178, $173.

Technical analysis of Ripple (XRP):

Market review, October 30, 2019

Over the past day, the price of ripple reached the resistance level of $0.3080 twice. This price movement coincided with our forecast. After that, the price of ripple turned around and fell to the support level of $0.29. Now, it is $0.2930. In the future, we expect the continuation of a downtrend. The nearest resistance levels are $0.2940, $0, 30, $0.31, $0.3160. The nearest support levels are $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.
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