The largest altcoins a new historical low prices. In the trend of the sale of cryptocurrency.
XRP/USD
During the current session, the price of Ripple continues to fall after breaking the support level of $0,3080 at the end of trading on December 13. An additional impetus to the downward trend of the pair XRP/USD after breaking through the key support level of $0,2960.
At the time of the review market Ripple trading at $0,2886. The crude moving average EMA14, the values of relative strength index in the oversold tool and RSI14 is pointing down.
Decrease in quotations of XRP/USD is likely to continue in the area of prices of $0,2780 on the first key level of support.
BCH/USD
Loss Bitcoin Cash since the opening session on 14 December reached 9%. At the time of market analysis steam BCH/USD is quoted at $79,00.
It is assumed that temporary support to the price of the cryptocurrency buyers can form at the key level of $76,50.
In the case of breakdown of the marked level of support the bears will open the scope for reduction in the price of Bitcoin Cash in the medium term, at $47,00, the third key support level.
Sale paired BCH/USD below the values recommended price of $76,50 with short-term goals $67,40 and $58,00.
LTC/USD
At the time of the review of the market of litecoin is trading at $of 23.22 on the first key level of support. When testing the level, the false breakout, the price of bitcoin has reached $of 22.84.
Short-term trend of the pair LTC/USD – bearish. The current price of litecoin is below the moving average line EMA14, the Values of relative strength index in sales.
There is a possibility of short-term correctional growth of quotations LTC/USD as on the four-hour chart of the pair with the RSI14 indicator formed a bullish divergence.
It is assumed that the price adjustment will not exceed the value $of 23.90 on the level of dynamic resistance, which the sellers form on the line EMA14.
Short selling in the pair LTC/USD out of $with the purposes of 23.90 $23,20 $of 22.60.
DASH/USD
In the course of trading on December 13, Dash the sellers have overcome support prices for key $61,30. At the time of analysis of the market the pair DASH/USD is traded with decrease in quotations of $58,30.
Technical indicators show a strong downtrend DASH. RSI14 value in sales, the indicator line directed to cross the border with the area important.
It is expected that the temporary support price Dash buyers will have in the range of $58,30-57,00, at the level of its historic low. A break out of support the bears will open the scope for reducing the price of the currency pair to the level of $53,00.
Trading recommendations are not a reference to action. Following the recommendations, you assume all associated risk of loss.
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