Ethereum ETH/USD ends the trading week at 2622 and continues to move as part of the fall. Moving averages indicate the presence of a sideways trend in ETH/USD. Prices have broken through the area between the signal lines down, which indicates pressure from cryptocurrency sellers and a potential continuation of the fall already from current levels. At the moment, we should expect an attempt to develop a price increase and a test of the resistance level near the area of 2765. Where can we expect a rebound again and a continuation of the fall in the exchange rate and the…
Author: forex24pro
forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
XRP/USD complete the trading week at 0.6932 and continue to move as part of the fall and the downward channel. Here, too, the “Triangle” pattern is formed. Moving averages indicate a bearish trend. Prices have gone down from the area between the signal lines, which indicates pressure from sellers and a potential continuation of the cryptocurrency’s decline from current levels. At the moment, we should expect an attempt to develop a bullish correction and test the resistance area near 0.7065. Where can we expect a rebound and a continuation of the fall of the cryptocurrency to the area below the…
Litecoin LTC/USD ends the trading week at 103.14 and continues to move as part of the fall and the downward channel. Moving averages indicate a bearish trend. Prices went down from the area between the signal lines down. This indicates pressure from sellers of the digital asset and a potential continuation of the fall in the Litecoin rate in the current trading week. At the moment, we should expect an attempt to develop a bullish price correction and a test of the resistance area near the level of 140.05. Where should we expect a rebound down again and an attempt…
Bitcoin Cash ends the trading week at 297.99, continues to move as part of the fall and the downward channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from the sellers of the coin and a potential continuation of the fall. As part of the BCH/USD rate forecast for the next trading week, we should expect an attempt to correct the value of the digital asset and test the resistance area near the level of 405.65. From where a rebound is expected again and an attempt to fall…
Silver complete the trading week near the 24.40 area. Quotes continue to move within the correction and the downward channel. Moving averages indicate the presence of a bearish trend for the pair. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the metal and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop a fall in the value of the asset and a test of the support level near the area of 21.85. Further, the continuation of the rise in the price…
SHIBA INU ends the trading week at 0.00002394 and continues to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from the sellers of the coin and a potential continuation of the fall. As part of the SHIB/USD rate forecast for the next trading week, we should expect an attempt to develop a correction in the value of the digital asset and a test of the resistance area near the level of 0.00002505.…
Dogecoin ends the trading week at 0.1227 and continues to move as part of the fall and the downward channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from the sellers of the coin and a potential continuation of the fall. As part of the DOGE/USD rate forecast for the next trading week, we should expect an attempt to develop a slight increase in the value of the digital asset and test the resistance area near the level of 0.1745. From where a rebound down is expected again…
BNB/USD quotes are trading at 362.90 and continue to move as part of the fall and the downward channel. The moving averages indicate a short-term bearish trend for Binance Coin. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop a small correction in the value of the digital asset and a test of the resistance level near the area of 385.55. Where can we expect a rebound down again and…
SOL/USD quotes are trading at 88.96 and continue to move as part of the fall and the bearish channel. The moving averages indicate a short-term bearish trend for Solana. Prices have gone down from the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop a rise in the value of the digital asset and a test of the resistance level near the area of 102.05. Where can we expect a rebound and a continuation of the…
DOT/USD quotes are trading at 16.18 and continue to move as part of the fall and the downward channel. The moving averages indicate a short-term bearish trend for Polkadot. Prices have gone down from the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop an increase in the value of the digital asset and a test of the resistance level near the 20.75 area. Where can we expect a rebound down again and a continuation of…