CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • CryptoPotato Crypto Fund
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • bitcoin
    BTC$22,908.00
  • ethereum
    ETH$1,586.36
    • Market Updates
    • BTC Analysis
    • ETH Analysis
    • XRP Analysis
    • Interviews
    • Opinions
    CryptoPotato
    CryptoPotato
    • Crypto News
    • Margin Trading
    • Guides
      • Bitcoin & Crypto Guides 101
      • Bitcoin For Beginners
      • Editorials
    • DeFi & NFT
    • Buy
    • Language
    • Crypto News
    • Bitcoin For Beginners
    • Cryptocurrency Guides 101
    • Editorials
    • Bitcoin & Crypto Margin Trading
    • DeFi & NFT News
    • Bitcoin Price Analysis
    • CryptoPotato Crypto Fund
    • Ethereum (ETH) Price Analysis
    • Ripple (XRP) Price Analysis
    • Market Updates
    • Interviews
    • Buy Bitcoin with Card
    Home » Crypto News » Crypto Price Analysis & Overview: Bitcoin, Ethereum, Ripple, Icon, Decred

    Crypto Price Analysis & Overview: Bitcoin, Ethereum, Ripple, Icon, Decred

    Author: Jonathan Berger

    Last Updated Nov 22, 2019 @ 12:17

    Bitcoin

    The correction from $13,200 to $9,850 shook the market slightly and it also raised the fear index. Support in this range was found near $10,000. The short squeeze effect has led to a bounce in the past 24 hours which got us to $11,000. This is not far from the resistance in this range which lies at around $11,350. If we break out of it, we will observe a pattern which is similar to the increase from $5,700 to $8,800. On the other hand, if the support fails, we will see a double top formation.

    BTCUSD-min16

    Ethereum

    Against the dollar, the support around $280 broke down and we fell to around $230. That’s just about at the trend line marked in yellow. Trading around $200 is not a positive technical situation, and the attempt to reverse the trend failed. If traders’ confidence is to return, we’ll need to return to the range around $260.

    ETHUSD-min16

    Against Bitcoin, the support around 0.024 BTC failed and we tested the range at 0.02 BTC, but the Fibonacci indicators show that there is a chance we’ll break down to 0.018 BTC. That’s not a positive sign from a technical point of view. Resistance in this range is at 0.024 BTC.

    Alicia Bakery
    CMO - A really good agency

    Did you like this market update?
    This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:

    Invalid email address
    Your privacy is guranteed.
    Thanks for subscribing, you will get your first report in the next hours!

    ETHBTC-min16

    Ripple

    Against the dollar, XRP experienced a sharp drop to 29 cents, where the support in this range is found. The 200MA also broke down and became a resistance level at around 36 cents which got us back to the levels of the beginning of the year. On one hand this disappoints investors, but it also shows stability in this range.

    XRPUSD-min16

    Against BTC, the support is at 2019 lows around 2,700 satoshi. Resistance in this range is at 3,000 sat. Like most other altcoins, XRP has declined against BTC. Is there another way to get out of here?

    XRPBTC-min16

    Icon

    We saw a sharp correction this week which dragged the price to the support at 26 cents. The next support will be tested at 24 cents. Resistance is at 30 cents.

    ICXUSD-min16

    Against BTC, Icon has been testing support around 250 satoshi since the beginning of July. Resistance in this range is at 320 sat.

    ICXBTC-min16

    Decred

    Since the start of 2019, Decred’s price has risen from $16 to a peak of $38. The price corrected to the support at $27 while resistance currently lies at $34.

    DCRUSD-min16

    Against Bitcoin, the price is stabilizing around support at 0.0026 BTC which is also the current floor for 2019. Resistance in this range is around 0.003 BTC.

    DCRBTC-min16

    SPECIAL OFFER (Sponsored)
    Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

    PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to receive up to $7,000 on your deposits.


    Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

    Cryptocurrency charts by TradingView.
    Tags: Bitcoin Decred Ethereum Icon Ripple
    Enjoy reading? Share with your friends
    Facebook Twitter LinkedIn Telegram

    About The Author

    Jonathan Berger
    More posts by this author

    Breathing crypto since early 2013. Jonathan lives 24-7 analyzing market condition and current situation. One of his hobbies is mining very low-cap altcoins. Contact Jonathan: Facebook

  • bitcoin
    BTC$22,908.00
  • ethereum
    ETH$1,586.36
  • Join Our Community

    FacebookTwitter YouTubeTelegram


    Editorials
    How Long Will the Ethereum LSD Narrative Last? Talking 2023 Trends with Nansen’s Martin Lee

    How Long Will the Ethereum LSD Narrative Last? Talking 2023 Trends with Nansen’s Martin Lee

    Everything That’s Going on With Pi Network: From Start to Latest Controversial Listing

    Everything That’s Going on With Pi Network: From Start to Latest Controversial Listing

    What is Ethereum Liquid Staking and Why It Is Crucial As Shanghai Upgrade Approaches?

    What is Ethereum Liquid Staking and Why It Is Crucial As Shanghai Upgrade Approaches?

    The Lesson in Alameda-FTX About Government Regulation and Crypto (Opinion)

    The Lesson in Alameda-FTX About Government Regulation and Crypto (Opinion)

    5 Bullish and 2 Bearish Cases for DeFi Going Into 2023 (Opinion)

    5 Bullish and 2 Bearish Cases for DeFi Going Into 2023 (Opinion)

    From Google and Microsoft to Binance: Interview with Head of Product Mayur Kamat

    From Google and Microsoft to Binance: Interview with Head of Product Mayur Kamat

    13 Biggest Crypto Scandals and Controversial Stories of 2022

    13 Biggest Crypto Scandals and Controversial Stories of 2022

    Footer Logo
    About
    Advertise on CryptoPotato
    About Us | Contact Us | Careers
    Editorial Policy
    Terms of service | Privacy Policy | GDPR
    More Sections
    IEO List | Evaluations
    Airdrops
    Scholarship
    Disclaimer
    Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. Full disclaimer
    © Copyright CryptoPotato 2016 - 2021
    Scroll to top