How altcoins until the end of the week? Response graphs
Source:
Now altcoins are completely dependent on the future price movement of Bitcoin. Top 10 coins by market capitalization while not signalling the formation of an obvious trend. Worst of all now accounts , cryptocurrency recently went back for a correction below the $ 160. and still hold its position above the main support levels.
The Overall situation on the market looks like this:
the-
the
- total capitalization of the industry began to decline and reached the level of $ 130 billion; the
- Litecoin is in a consolidation phase, after testing the $ 40 level; the
- BCH price fell below support of $ 160;
- rolled just below the line 0,0480 dollar.
TRX overcame resistance in the area 0,0235 dollar; the
The Bitcoin is now trading at $ 4050. For the past day, the cryptocurrency rose 0.3 percent.
theTechnical analysis
So, now the main area of support for Litecoin remain the levels 34 and 36 dollars. After a failed test of the resistance line at $ 40 Aldon continues to fall. We recommend you to wait for rebound from support to open a long.
TRX also looks like a good candidate for a long position. If you're going to open it at market price, set the profit levels and 0,0250 0,0245 dollars.
But Cardano may continue to decline amid falling below of 0.0500 dollar. Next key support level remains the line 0,0455 dollar. When it breaks it is recommended to short sell.
Source: NewsBTC
Cash, meanwhile, was never able to overcome the levels of 165 and $ 170 and went down. The price of the cryptocurrency has fallen more than 4 percent per day, that eliminates any chances of pullback in the short term. In the case of BCH yet recommend watching the auction and not to open large positions.
The Courses of all the coins together with the schedules and interest there is in . Be sure to check.
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