BTC/USD We expected Bitcoin to find support close to $6,250 but it plunged down to $6,120.
If the bears fail to break below the June 29 low of $404.99 within the next couple of days, we anticipate a move to $500. Once above $500, the digital currency should attract buyers, pushing the price towards $600, with a minor resistance at $550. If the bears drive the ETH/USD pair below $404.99 within the next couple of days, the drop can extend to $358. We might recommend long positions on a breakout above $500. XRP/USD Ripple is hanging above the June 29 low of $0.4242 by the skin of its teeth.
If the bears force a break below $6.89, the next support on the downside is at $5.961, which will complete a 100 percent retracement of the previous rally.
LTC/USD Litecoin continues to slide towards the critical support of $74.074, as the bulls have failed to break out of the descending channel for the past ten days.
If the bears break below the immediate support, the ADA/USD pair can slide down to $0.078215.
XLM/USD Stellar has been clinging on to the $0.184 support line for the past three days.
If successful, the next support on the downside is at $0.138565 and below that at $0.082332.
IOTA/USD IOTA has been trading close to the critical support at $0.9150 for the past three days.
If the bears sink the IOTA/USD pair below the June 24 lows, it can drop to the next support at $0.666.
If the bears sink the TRX/USD pair below $0.03275, the next support on the downside is at $0.022806.
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, July 13
Publié le Jul 13, 2018
by Cointele | Publié le Coinage
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