Bitcoin, XRP, and Ethereum – rate analysis KW49 – tension builds

the the movement of The last week is a short sum up: reaction to the re-sale. The minimum condition for the next great movement was to be fulfilled.

Thomas Hartmann
5. December 2018 share Facebook Twitter LinkedIn xing mail

The last few weeks, the majority of the crypto had to currencies – and Bitcoin, XRP, and Ethereum – violent course bear falls. Can you speak slowly of the hoped-for soil formation? The Top 3 crypto currencies under the magnifying glass.

BTC (BTC/USD)

The presented short-term bottom at 3,655 thousand US dollars held. The outgoing counter movement reaches the downward trend from may 2018, and for 78.6 percent Fibonacci Retracement and short-term outbid. More was not only to get once. The course of high is, as yet, 4.448 US Dollar. As long as the price of Bitcoin doesn't find a way through the 4.872 US Dollar, is not shake the bearish scenario. The moving averages remain intact sell signal. The cloud of Ichimoku-Kinko-Hyo-indicator builds and builds and builds and is a whopping 20 percent from the current rate happen.

Bullish variant:

The low for the year of the Bitcoin exchange rate is not undercut. In the best case, can be carried out at the current price level stabilisation in the downward trend from may 2018. This is supportive. The next point of contact is the course of high of 4.448 US Dollar. About the way to 4.701 dollars is free. With this movement, the slide should averages is on the verge of to negate the sell signal. In addition is achieved by the 61.8 percent Fibonacci Retracement. About 4.872 US $ the objectives are:

5.428 US $ 5.877 US Dollar

Bearish variant:

The confirmed downward trend from may 2018 as resistance, and down to leave. The low for the year at 3,655 thousand US dollars will be re-tested, and undercut. The parent is down-run target at 3.303 US Dollar. The sell signal using the moving averages and Ichimoku-Kinko-Hyo-indicator has more stock. A sustainable break below 3.132 US Dollar enabled the objectives of:

2.629 US $ 1.920 US $ 1.601 U.S. dollars 1.224 US $ XRP (XRP/USD)

this Time, XRP is clearly weaker. The ongoing counter-movement in the overall market in the last week was significantly weaker. The yet so strong Outperformer is now the position of the under performers. Currently, the XRP price is quoted again below the downward trend from April 2018. The confirmed buy signal from indicators point of view, since $ 0.50 is active.

Bullish variant:

In the range of $ 0.33 XRP can complete a soil animals. The goal on the bottom of 0.31 U.S. Dollar remains open. The XRP price to the downward trend from April 2018. These are currently quoted at US $ 0.40 – tendency falling. A further increase in rates of $ 0.43 is associated with the achievement of the resistance area. This is topped with courses on 0,46 dollars. The next destination is then up to the broken uptrend from June 2018. This currently runs at is 0.62 US Dollar with a rising trend.

a rate increase of more than 0.75 US Dollar enabled the objectives of the parent Up:

0.89 US $ 1.15 US $ US $ 1.37

Bearish variant:

The various sell signals in different units of time show effect. The attempt of the soil formation in order to $ 0.33, fails. The downward movement takes of $ 0.31. The targets on the bottom are as follows:

$ 0.24 $ 0.15 Ethereum (ETH/USD)

The Ethereum course can't free himself from his sticky Situation. After the last few Updates have repeatedly pointed to the significant weakness of the Coins, it looks like today is not better for Ethereum. The lower edge for a renewed push down is located at 108 US dollars. This could prevent Ethereum by means of the daily closing price. The cloud of Ichimoku-Kinko-Hyo-indicator is far, extremely far, currently 55 percent. The sell signal from the moving averages is enabled for 204 dollars. Until this is resolved, it requires a significant boost to the top.

Bullish variant:

The 108 US Dollar can be defended. Accordingly, the movement starts now. The floor is formed with courses about 129 US dollars. The first destination on the upper side is then located at 175 US dollars. Here, then, the sell signal of the slide should be resolved through cuts. 196 U.S. dollars on the following objectives:

241 US $ 338 US dollars

Bearish variant:

It is a daily closing price is generated is significantly below 108 dollars. Ethereum slips further and reached a double-digit rate value. The courses on the bottom are as follows:

$ 95 $ 60 conclusion:

The shock of the reversal of the falling triangle is sitting to deep. So far, the Top 3 have to be set against the still nothing. Admittedly, such A sale requires to negate signal, a tremendous strength. This is so far, and the chart images look anything other than confident. If not anon and conditions of the bullish variations are met, it can build up more voltage, and the discharge speaks only once for the bears.

Disclaimer: The information on this page is the illustrated rate estimates do not constitute buy or sell recommendations. They are merely an assessment of the analysts.

images on the Basis of data from bittrex.com and bitfinex.com 21. November created. USD/EUR exchange rate on the cut-off: 0,88 euros.

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The prices of Bitcoin, XRP, Ethereum & co. can be found here.