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The Ripple price did not move above

The Ripple price did not move above the resistance of $0.4750 and fell against the US dollar.
There is a bearish trend line forming on the hourly chart with a resistance close to $0.4600
XRP could even hit a new low in the near future
The Ripple price faces strong sales interest. XRP is expected to fall below $0.4300 and $0.4200.

Technical indicators Signals
Yesterday there was a slight upward correction towards $0.4700, but the upward movement was limited by resistance at $0.4750. This resulted in a downward reaction below $0.4600, breaching support zones at $0.4500 and $0.4400. A low was formed at $0.4393 and it seems that further losses are possible in the near future. The most important resistance is close to $0.4600. There is a large bearish trend line with a resistance near $0.4600 on the hourly chart, so if the price corrects upward, it is likely to face sellers near the $0.4600 and $0.4620 levels.

Ripple Chart from TradingView

Ripple price analysis with Bitcoin Profit

Looking at the chart, there crypto trading program such as Bitcoin Profit is a risk of a further drop below $0.4400. The next supports are near $0.4320 and $0.4200. The MACD is strongly in the declining zone. The RSI is now well below the 35 mark and signals sales pressure. The highest support level is $0.4350, while the resistance is $0.4600.

Ethereum Prize Highlights
The Ether exchange rate continued its decline and reached a new low of $415.54 against the US dollar.
There is a large bearish trend line forming on the hourly chart with a resistance near $435
ETH is in a declining zone and could drop towards $410
The Ethereum price is fighting for a recovery against the US dollar and bitcoin.

Technical indicators Signals to Bitcoin Profit

There was a rejection of the $446 mark. Ether could Bitcoin Profit be scam could not break resistance and fell below $430, forming a new low at $415.54 and the price is currently in a bearish zone. If there is a fraction above $423, the rate could expand the gains toward the $430 level. On the other hand, a bearish trend line is forming on the hourly chart with a resistance close to $435. A breakthrough in resistance could push Ether towards $445 and 100 hours of SMA.

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Ethereum Chart from TradingView

Ethereum price analysis
Looking at the graph, the price is well below $430 under pressure. Maybe he’s moving towards $410. On the other hand, there are several resistance zones at $430, $435 and $445, and MACD is gaining momentum in the bearish zone. The RSI is now well below the 40 mark. The highest support level is $410, while the resistance is $435.

Bitcoin Cash Prize Highlights
Bitcoin Cash continued to decline to a new low for the month of $650
There is a fresh bearish bearish line forming on the hourly chart, with a resistance close to $690
BCH should move towards $640 and $630 in the near future
Technical indicators Signals
There was a new downward wave starting from the $780 high. BCH failed to prevail, moving down and breaking some major supports at $750 and $700, and the price appears to be moving further towards $640 and $630. On the upside, there is initial resistance near $680. There is a fresh bearish trend line forming on the hourly chart, with a resistance close to $690.

Bitcoin Cash Chart from TradingView

Bitcoin Cash Price Analysis
Looking at the chart, the price is clearly in a downtrend below $700. The MACD is gaining momentum in the declining zone. The RSI is now close to the oversold level, so buyers may be exhausted. The highest support level is $630, while the resistance is $690.

This entry was posted on 16. August 2018, in RSI.