Bitcoin, XRP, and Ethereum – rate analysis KW52 – Current correction for newcomers to enter?

the The little "Christmas rally" in Bitcoin, XRP, and Ethereum was directly sold on Christmas eve. Nevertheless, double-digit price gains since mid-December, are still left. We get through the current movement of the re-Chance, convenient access?

Thomas Hartmann
On the 27. December 2018ShareFacebookTwitterLinkedInxingemail

Christmas is over, and brought only a temporary positive price development. Now is the time, slowly to the year 2019 to prepare:

Bitcoin (BTC/USD)

What a Comeback from the Bitcoin course! In mid-December, the reserve currency still traded in the case of 3,159 U.S. Dollar and moved within nine days. The often-mentioned support area between 3.132 and 3.303 US Dollar caused this break in the overall downtrend. After an increase of over 1,000 US-dollars, or about 34 percent, a gradient was formed on Christmas eve high of 4.195 US Dollar. The subsequent correction in the past few days dampened the euphoria a little, but is still in the frame. With the current share price to drop to the equally well-known 3,655 thousand dollars the 50-percent Fibonacci Retracement level has been reached Level. The moving averages have been generated in the short-term setting is already a sell-signal, which has not yet been fully confirmed. The short-term upward trend from the beginning/mid-December, still has inventory, but is currently being tested extensively. The lower edge of the cloud of the Ichimoku-Kinko-Hyo-indicator is currently only 13 percent away and runs at 4,200 US dollars – tendency falling.

Bullish variant:

The current pullback offers a good entry opportunity. In the best case, the currently ongoing 50-percent Fibonacci stops right Retracement. This runs when exports were up by 3,677 USD. Setbacks including the exchange-rate may result in losses on 3.554 US Dollar. For the bullish version, the year should not be offered deep and the bottom of the support range at 3.132 US Dollar. A short-term brightening of the chart image is carried out with courses, about 3.929 US Dollar. Here also, the slide should, through the cuts in the short-term adjustment back to a buy signal. Above 4.195 US Dollar, the overarching goal of 4.701 US Dollar is then re-enabled.

A significant breakout above 4.872 US Dollar has the following objectives:

5.428 US Dollar5.877 US dollars

Bearish variant:

A rate increase of about 4.872 US Dollar is not concluded. The power of bears enough, we have already seen with the course of high of 4.195 US Dollar, the high point of the upward correction. A significant relapse under 3,655 thousand dollars, and under the short-term upward trend from the beginning of/the middle of December, underpins this Thesis. The parent confirmation is done with the courses 3.132 US Dollar. Then the next big sale will be activated, signal, and various sliding confirm averages this movement. The objectives of the course on the bottom, with short-term potential for Recovery, are as follows:

2.629 US Dollar1.920 US Dollar1.601 US Dollar1.224 U.S. DollarXRP (XRP/USD)

With a brilliant boost of about 62 percent was able to settle the XRP price significantly upwards. In addition, The downward trend from April 2018, it was finally overcome. The XRP price is still above this. The movement of the 24. December had a High of $ 0.47 and was just above the cloud of Ichimoku-Kinko-Hyo-indicator. Here, Ripples cryptocurrency then went out of the breath and the cloud of the Ichimoku-Kinko-Hyo-indicator, caps the price of XRP. All mechanical's are a means to "Long". Same scenario as with the Bitcoin: here, Too, has now been corrected to 50 percent of the upward movement.

Bullish variant:

correction, Yes. New year lows no. The soil formation to the 0,30-US-Dollar mark will not be negated and there is no course more including. Ripple can take advantage of the 50% Fibonacci Retracement and the Test to overcome a downward trend from April 2018, to continue to rise. The upward movement is supported by moving averages. Rates below 0.35 US dollars are already regarded as critical. The cloud of Ichimoku-Kinko-Hyo-indicator is again tested. The lower edge of which currently runs at US $ 0.40 – tendency falling. Over the course of high of 0.47 US-Dollar is the goal of the upward trend from June, 2018. This is currently at a level of 0.65 US-Dollar – and rising.

price increases above $ 0.75 is associated with much higher price targets:

0.89 US-Dollar1,15 U.S. Dollar1,37 US dollars

Bearish variant:

After Ripple impression has fully shown to take how heavy the resistance range between 0,43 and 0,46 dollars-and-cents, continues the correction. The rate falls back below the down trend and it will run again the support area around the $ 0.30 USD-brand. The moving averages your purchase negate signal, and significant price drops below 0.30 US Dollar may negate the short-term bottom. The targets on the bottom had this:

0,24 US Dollar0,US $ 15 Ethereum (ETH/USD)

After the Ethereum-was price right so long as the under performer of the Top 3 Coins, the most of catching up to do. Almost 100 per cent, or US $ 80 could be achieved, if you was a diligent reader of the Updates. The 83 US dollars held and a course fireworks. But even here, the correction of the last days was clear and even Ethereum has reduced some of the upward movement already 50 percent. The history high-on Christmas eve, not with this Coin but above the cloud of Ichimoku-Kinko-Hyo-indicator. It was just enough time for the Penetration in the cloud, and then the correction started. The moving averages speak for "Long".

Bullish variant:

Similarly, Ethereum has reached the 50-percent Fibonacci Retracement at 123 US dollars. Here, a stabilization should be done and the price rally may continue. Over the short-term resistance at 167 US dollars, the width of the resistance area between 175 and 196 US dollars directly. Exceeding the leaves a generous cloud of the Ichimoku-Kinko-Hyo-indicator. 196 US dollars are to define the following upside targets:

241 U.S. Dollar338 US Dollar

Bearish variant:

The cloud of Ichimoku-Kinko-Hyo-indicator paves the way. Ethereum was once again able was no closing price on this create, although the Chance is there. Ethereum falls below the support area and with rates under 108 of the U.S. Dollar is again activated, a sell-signal. The goal is at 95 US dollars. A break of the year lows poses a very great danger for the further inclusion of the parent downtrend and should accelerate the movement. The goal at 60 dollars, it should reach that price quickly.

conclusion:

once Again, you could be happy if you found a short-term entries and the Updates of the analyses of the heart. Up to 100 per cent with the Top Performer Ethereum. The parent is still to be decided anything in a long time, but the first step for a bottom formation was made. To prove this, however, and the courses should quickly record the short-term boost, so that here the direction of the decisions can be made. To all of you in the short term, "Long-Positioned" – let profits run, if you have not used in the Christmas eve, to rotate the Position.

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 27. December created. USD/EUR exchange rate on the cut-off: 0,88 EUR.

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