Ripple price loses momentum – Analysis - 03-01-2019
The tight range continues to dominate Ripple price trades, which loses its positive momentum clearly now, waiting to motivate the price to resume the recently suggested bearish bias, which targets 0.24 level as a next main station, while holding below 0.42 represents key condition to continue the expected decline.
Expected trading range for today is between 0.27 support and 0.38 resistance
Expected trend for today: Bearish
Ethereum breaches the resistance – Analysis - 03-01-2019
Ethereum price surpassed 154.00 level and settled above it, which opens the way to visit the next correctional level located at 170.76, organized inside the bullish channel that appears on the chart.
Therefore, the bullish bias will be suggested in the upcoming sessions unless the price managed to break 154.00 followed by 137.24 levels and hold below them.
Expected trading range for today is between 145.00 support and 170.76 resistance
Expected trend for today: Bullish
Bitcoin price tests the resistance – Analysis - 03-01-2019
Bitcoin price achieves new test to the key resistance 3920.00 and keeps its stability below it until now, accompanied by witnessing clear overbought signals through Stochastic, waiting to motivate the price to resume the short term bearish trend, as our next targets located at 3500.00 followed by 3100.00.
We should note that breaching 3920.00 will stop the expected decline and lead the price to return to the correctional bullish track that its next target located at 4424.00.
Expected trading range for today is between 3500.00 support and 4000.00 resistance
Expected trend for today: Bearish
USDCHF achieves some gains – Analysis - 03-01-2019
The USDCHF price shows bullish bias after 0.9835 support line proved its strength against the price’s recent negative attempts, to keep the price inside the sideways range that its lines represented by the mentioned support and 0.9990 resistance, and the price might witness more rise in the upcoming sessions to visit the mentioned resistance.
The price needs to surpass one of the above mentioned levels to detect its next destination on the short term basis, noting that breaking 0.9835 support will lead the price to test 0.9766 as a next station, while breaching 0.9990 will push the price to return to the main bullish trend that will target 1.0128 level initially.
Expected trading range for today is between 0.9800 support and 0.9940 resistance.
Expected trend for today: Sideways