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Bitcoin - Ethereum - Ripple - Bitcoin Cash Technical Analysis | 26 July 2019

2019-07-26 09:29 am | Resource: Technical Analysis Section | No Views : 37

Bitcoin - Ethereum - Ripple - Bitcoin Cash Technical Analysis | 26 July 2019 Technical analysis of the most important currencies in the market: Bitcoin, Ethereum, Ripple, and Bitcoin Cash, with recommendations and its expected prices.

Bitcoin "BTC" Technical Analysis | 26 July 2019

Bitcoin (BTC) rebounded during yesterday's trading from the $ 9624 area and continued to rise as far as $ 10143, and as a result of the failure of the breach of the bearish trend line, it fell towards the rising trend line.
Bitcoin "BTC" Technical Analysis | 26 July 2019The cryptocurrency is trading in a bearish direction on the hourly interval. This trend passes from a weak position due to its inability to break the bullish trend line, and we do not recommend selling before breaking the ascending trend line.
The index of ADX points to the weakness of the current bearish trend near the 20-pip areas.
And the SMA 20 has turned bearish as the end of yesterday's trading approaches.
The indicator of the moment of the default MACD is currently bearish.

Outlook: 

It is expected that, in the event of a digital currency breakout the $ 10143 zones, Bitcoin (BTC) may target areas of $ 10,506.
However, in the case of Bitcoin (BTC) break zones of $ 9528, the encrypted currency may target $ 9,139.
Support: 8929-8303-7500
Resistance: 9844-10699-11508
Trend: Down

Ethereum "ETH" Technical Analysis | 26 July 2019

The Ethereum (ETH) failed to break through the bearish trend line and failed to break through the resistance areas of $ 225.33 due to poor demand and therefore fell towards the first support areas.
Ethereum "ETH" Technical Analysis | 26 July 2019The digital currency is trading in a bearish direction on the 60-minute time frame, which supports the break of the $ 218.12 area.
Currently, we do not recommend buying or selling but waiting for a suitable opportunity or currency to start applying a scenario from the two mentioned below.
The index of ADX indicates a decline in the strength of the current bearish trend.
The simple moving average 10 and the slow moving SMA 20 are bearish and this was confirmed by breaking the 218.12 areas.
The MACD indicator with normal settings is currently bearish.

Outlook: 

It is expected that, in the case of Ethereum (ETH) break areas of $ 214.58, the digital currency may target $ 202.71.
On the other hand, in the event of a digital currency break the area of $ 224.76, Ethereum (ETH) may target the area of $ 241.56.
Support: 211.22 202.71 193.96
Resistance: 218.12- 225.33- 238.22
Trend: Down

Ripple "XRP" Technical Analysis | 26 July 2019

Yesterday, the Ripple (XRP) currency failed to break through the resistance zones of 0.3207 $ as a result of bear pressure on it.
Ripple "XRP" Technical Analysis | 26 July 2019The digital currency is trading in a bullish direction on the hourly interval. This trend is weak due to the failure of the breach of the resistance zones of 0.3207 $ and the momentum indicator indicates the bull's bullish momentum.
The (adx) indicator I mentioned is still not important yet.
And the SMA 20 indicated it turned bearish as a result of the correction that occurred with the breach of the areas of 0.3207 $.
Momentum Relative Strength 14 is trading in a bullish direction that strengthens this trend and penetrates areas of 50 pips.

Outlook: 

In the case of the Ripple (XRP) break of the $ 0.3069 area, the digital currency may target the $ 0.2983 area.
While the Ripple (XRP) breach of the $ 0.3220, digital currency could target $ 0.3373.
Support: 0.3008- .2942- .2814
Resistance: 0.3202 -0.3288- 0.3373
Trend: Up

Bitcoin Cash "BCH" Technical Analysis | 26 July 2019

Bitcoin Cash (BCH) fell from yesterday's trading areas of $ 311.20 due to weak demand and therefore fell to break areas of $ 302.86.
The nascent encrypted currency of the digital currency continued to decline as far as $ 293 and rebounded from these areas until the $ 316.70 it made this morning.
Bitcoin Cash "BCH" Technical Analysis | 26 July 2019The digital currency Bitcoin Cash (BCH) is trading in a bullish direction under formation This trend supports the breach of the bearish trend line on the 60 minute interval.
The ADX indicator is not important at the moment.
The simple moving average 20 is neutral at the moment due to overlapping price action.
Momentum Relative Strength 14 is trading in a bullish direction that supports the 50-point move.

Outlook: 

It is expected that, in the event of a digital currency breakout the area of ​​$ 316.70, Bitcoin Cash (BCH) may target the area of $ 319.47.
While, in the case of Bitcoin Cash (BCH) break level of 292.70 $, digital currency may target the currency $ 284.05.
Support: 302.86- 286.44- 271.44
Resistance: 319.47 - 334.04 - 362.37
Trend: Up

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