XRP/USD complete the trading week at 0.3670 and continue to move within the correction and the downward channel. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the decline in the cryptocurrency already from current levels. At the moment, we should expect an attempt to develop a bullish correction and test the resistance area near 0.3865. Where can we expect a rebound and a continuation of the fall of the cryptocurrency to the area below the level of 0.2335 again. XRP Weekly Forecast…
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.
Litecoin LTC/USD ends the trading week at 60.70 and continues to move as part of a bullish correction and a downward channel. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines. This indicates pressure from the 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 rise in prices and a test of the resistance area near the level of 80.05. Where can we expect a rebound down again and an…
Bitcoin Cash ends the trading week at 137.85, continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, 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 continue the growth in the value of the digital asset and test the resistance area near the level of 205.05. From where a rebound down is expected again and an attempt to…
Silver ends the trading week at 0.00001234 and continues to move within the correction and the bullish channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the coin and a potential continuation of growth. As part of the SHIB/USD rate forecast for the next trading week, we should expect an attempt to develop an increase in the value of the digital asset and test the resistance area near the level of 0.00001395. From where a rebound down is expected again and an attempt to continue…
SHIBA INU ends the trading week at 0.00001234 and continues to move within the correction and the bullish channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the coin and a potential continuation of growth. As part of the SHIB/USD rate forecast for the next trading week, we should expect an attempt to develop an increase in the value of the digital asset and test the resistance area near the level of 0.00001395. From where a rebound down is expected again and an attempt to…
Dogecoin ends the trading week at 0.0701 and continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, 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 the growth in the value of the digital asset and test the resistance area near the level of 0.0835. From where a rebound down is expected again and an attempt to…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and the downward channel. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the European currency and a potential continuation of the growth of asset quotes already from current levels. At the time of the publication of the forecast, the EUR/USD exchange rate is 1.0202. As part of the Forex forecast for August 12, 2022, we should expect an attempt to develop a rise in prices and…
Currency pair Pound/Dollar GBP/USD continues to move as part of growth and has left the limits of the downward channel. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.2269. Moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the currency pair and a potential continuation of the growth of the instrument. At the moment, we should expect an attempt to develop a fall in the price of the British Pound…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of strong growth and a downward channel. Moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and a potential continued growth in the value of the instrument already from current levels. At the time of publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.7094. At the moment, we should expect an attempt to develop the growth of the pair and…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of a strong fall and a downward channel. At the time of the publication of the forecast, the US Dollar to the Japanese Yen is 132.18. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the US Dollar and a potential continuation of price growth already from current levels. As part of the forecast for the Japanese Yen on August 11, 2022, we…