Ethereum/Usd Technical Analysis and What's next From Bitcoin | Crypto Market Updates

in #cryptocurrency6 years ago

Hey sorry for that i took a long break and couldn't update you all!

In this post I'm gonna tell you about the Technical analysis of ETH/usd , bitcoin's next move and Crypto market updates.

eth.jpg

ETH/USD TECHNICAL ANALYSIS

Eth recently failed to break the resistance of $290 and got a pullback and is currently traded at $284.5 (at the time of writing this post).
A bearish trend line is formed when you look at the chart below and it also needs to break the $290 to see a breakout.
If there's an upside breakout above $288-290,then the price is likely to go above the $295 level in the near term.

Hourly MACD – The MACD is currently placed in the bearish zone.

Hourly RSI – The RSI is currently below 50.

Major Support Level – $281

Major Resistance Level – $288-290

Ethereum3.png

BITCOIN NEXT MOVE BULLISH OR BEARISH ?

BTC recently has cleared it's resistance of $7150 and currently at $ 7380 .
the current price seems to have a good support at $7300 and this could make Btc head towards $7500 mark and then if it croses that too then we may also see $7800 and then $8500, but only if big whales don't manipulate the market.

Crypto market updates

Chat coin pumped 100% in a day

Monero gained 30% within 7 days due to statis group price prediction

Latest version of Mega chrome extension hacked which steals crypto private keys

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