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Market data is provided by the HitBTC cryptobolse.
Many of the cobbler investors have lost amazing money this year. The full market market of each cryptocurrencies is a & # 39; threat to breaking her & # 39; $ 100 billion mark. Unlike traditional assets, there is no established status for achieving a reasonable value for cryptocurrencies. Many experts have recommended many ways to evaluate.
One of the biggest applicants that Bitcoin likes and co-founder of Global Advisors Structures, Thomas Lee, believes that the fair value of Bitcoin is between $ 13,800 and $ 14,800. It is expected that a & # 39; price back if the asset range has been widely accepted and customer service increases.
After this year's market, it would be expected that counters would be abandoned to them; class of assets to date. However, a study by the Alternative Cambridge Financial Center shows that the number of users of cryptocurrencies has an authenticity of duplication in the # 39; first three quarters of the year – from 18 million to 35 million. Does this show a possible revival in the future?
Please check the graphs and try to predict if your price is & # 39; falling or rising from current levels.
BTC / USD
A weak revival in a second test of low or essential support indicates a bearish level. It means that there is a & # 39; price continues to reach an attractive level for buyers. Today Bitcoin easily broke at $ 3329.05 at a minimum and made a new one of $ 3307.02.
If BT pair pair rises out of current and current support; 20-day EMA breach, it will be a good indication. Such a move can result in $ 5000.
However, if the complexity of the revival from the current level is weak, there is likely to be a breakdown of $ 3307.02. The next support for the $ 3000 depreciation. Although $ 3000 – $ 3500 of our area is strong support, we still saw no signs of purchase. If there is $ 3000 in credit, it could invite more sales, and go into digital money over $ 2416.52.
The only support signal in the RSI is a positive split, but if the price does not rise, it can be a breakdown.
XRP / USD
Ripple has received $ 0.28600 in the last seven days, but he has not returned significantly.
The lack of revival has been increasing the likelihood of a lack of support. The two variable meanings are falling, and the RSI is in a & # 39; belt over. This is a suggestion that sellers benefit.
The next level is down $ 0.24508. If this support is not maintained, the reduction can decrease to $ 0.15. The first sign of change that is similar to the & # 39; moved as a 20 day opening in EMA. Above this level, the XRP / USD pair can buy some and reach $ 0.4.
Traders who have long career roles can maintain. We decide whether you should continue to keep the ciprtomonedas not sold in our next analysis.
ETH / USD
Ethereum has been connected to its & # 39; Fundamental in the range of $ 83 – $ 102.5. This shows a lack of purchase even at current levels. The lack of progress in the last three days is likely to attract retailers.
Breaking and closing (UTC timescale) will be less than $ 83 to start with; poor movement and the ETH / USD pair may go down to the next $ 66 support.
The last final signature has been in & # 39; Unsurprisingly sells the stable yield over the 20-day EMA. To that end, each piece will be sold.
XLM / USD
After two days escape, Stellar has re-instantly retained a bearish level and reached a very low low. The movable averages with descending slopes and the RSI in the range across their; verify that the lower path is down.
The next support is the reduction of $ 0.08. However, in a strong strong force of movement, it is difficult to say that it is a property; , from which its price is & # 39; continue to easily reduce levels of support.
It is the first signal to turn trends when both XLM / USD are; suffering over the EMA for 20 days. In such a case, the rating can be extended to $ 0.184. Traders should stay away from long distances until the price of proof of assets.
EOS / USD
Although EOS continues in a lower shift, it has been & # 39; trading near the common face of $ 2.1733 in the last five days. This shows some of the purchases in the & # 39; couple. However, if the bull does not fight quickly, they will invite them to sell them.
A $ 2.1733 bankruptcy can come to a 20-day EMA, which is likely to be a strong defense. The revival will get land if the bull is still over the 20-day EMA.
On the other hand, a breakdown of 7 December 7 to a low level of $ 1.55 will resume the bearish move that can reach $ 1.2. Traders need to wait for the EOS / USD pair to change the move before requesting them to work on their. couple.
BCH / USD
After working in a tight range for five days, Bitcoin Cash started to move it down and it was completely lowered on December 18.
The two moving averages are downward and the RSI is deep in its; boundaries, to confirm declining. No restrictions were made due to the fact that they did not. His case was returned on November 19. This shows that the laces are in full control. A BCH / USD pair can now be corrected at $ 72.39.
Traders need to wait for the decline to complete and change motion before setting up a long position in the # 39; couple.
LTC / USD
Litecoin has gone back at a low cost of $ 23.1. Although the bulls protect their level, if they do not leave it; price exceeds $ 29,349 in the coming days, there is likely to be a minimum level. The next $ 20 lower support is.
The moving downstream proportions and the RSI in the range are over the next. show that the boys are completely controlled. The spatial division of the RSI is a small gap of space for current landscape at current levels. However, for that, the LTC / USD pair must stay over the 20-day EMA. So far, we recommend merchants still on the side.
BSV / USD
After trading between November 26, Bitcoin SV broke $ 80,352 on 13 December. If the bulls do not return quickly and their; Increasing the support of the $ 80,352 aid, sellers tend to go ahead. The next target is lower than a new test at a minimum of $ 38,528 on November 23, with a lower support of $ 57.
The first sign of strength will return when BSV / USD returns to; going up to the field. Although the digital currency of the transaction is well above its & # 39; At least it has a short commercial history. So, we recommend that operators Waiting for new purchasing arrangements to be created before being purchased.
TRX / USD
TRON continues to report within the equilibrium triangle. The bulls protect the triangle, although the defenders do not; Permit out here.
The next stage of the motion will be decided after leaving or moving in the triangle. Fracture can cause an increase of $ 0.0183, and maybe it is a strong defense.
On the other hand, if the couple pair TRX / USD out on the triangle, the move will begin quickly. Although the purpose of its breakdown pattern is $ 0.00554133, we & # 39; expect some help at $ 0.00844479. Traders need to wait for breaking and closing through the triangle to start a long situation.
ADA / USD
It is unlikely that sales will come into the evidence that Cardano does not return to the previous field. The bees now try to reduce their support with $ 0.027237 and come to the next aid of $ 0.025954.
On the other hand, if the pair ADA / USD pair goes down to a low level at 7 December, it can remain within the range for a few days. The first purchase signal will be when it's & # 39; price still exceeds $ 0.035. We can expect the revitalization to attract when the bull is in a position; EMA 20 day scale and held for three days. To that end, the lower path is down.
Market data is provided by the HitBTC cryptobolse. The graphs for analysis are provided by TradingView.