The price of BTC continued to climb rapidly this week and found resistance at $5350, not far from the next resistance at $5500. Further significant resistance levels are at $6000. From below, support at $4800. In case of retesting the last level (and getting supported there) could grant the market a green sign for bullishness. In the meantime, Bitcoin holds nicely on top the $5000 support area.
Against the dollar at resistance at $180 is being tested, while support is at $170. The RSI is fragile in its high levels, and a correction to 200-days moving average can also take place soon.
Against Bitcoin, a positive trend for ETH this week with an attempt to break up the 50 moving average line, with support around 0.033 BTC. Next resistance lies at 0.036 BTC.
Against the dollar, XRP saw a sharp increase in trading volume that has not been seen since December 2018. The volume increase had resulted in a breach of resistance at $0.32, as the resistance lies around the 200-days moving average line which is currently at $0.37. Support lies at $0.34, and as of now seems to hold.
Against the Bitcoin, the price is aiming downwards (bearish), and unstable support is found at 6600 SAT. The next resistance lies at 7100 SAT.
Against the dollar, the support for ZRX is built around $0.34, while resistance lies at $0.39. The trading volume has risen, while the RSI is in its lower area.
Against Bitcoin, following retesting support around 6400 SAT, ZRX had some attempts to break up the 7200 SAT resistance level.
Against the dollar, the range is relatively stable between the range of $0.00072 – $0.00082.
Against Bitcoin, support around 14 SAT is tested while resistance lies at 18 SAT. It will be interesting to see if the 14 SAT level will hold.
