Market review, June 18, 2020

2020-18-06 12:08:21

Technical analysis of Bitcoin (BTC):

Market review, June 18, 2020

Over the past day, the price of bitcoin expanded its price channel from $9,150 to $9,550. Now, the price of bitcoin is $9,420. In the future, we predict the continuation of the uptrend. The nearest resistance levels are $9,600, $9,850, $10,000, $10,250, $10,500, $11,000, $12,230. The nearest support levels are $9,500, $9,400, $9,300, $9,200, $9,000, $8,600, $8,150, $7,900, $7,600, $7,500.

Technical analysis of Ethereum (ETH):

Market review, June 18, 2020

Over the past day, the price of ethereum expanded its price channel from $225 to $235. Now, the price of ethereum is $233. In the future, we predict the continuation of the positive movement. The nearest resistance levels are $235, $238, $240, $250, $257, $260, $270. The nearest support levels are $229, $225, $220, $218, $216, $212.

Technical analysis of Ripple (XRP):

Market review, June 18, 2020

Over the past day, the price of ripple expanded its price channel from $0.1880 to $0.1960. Now, the price of ripple is $0.1910. In the future, we expect the continuation of the uptrend. The nearest resistance levels are $0.1950, $0.2, $0.2020, $0.2060, $0.21, $0.2150, $0.22, $0.23, $0.2350. The nearest support levels are $0.19, $0.1820, $0.18.

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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