Bitcoin Cash, Monero and Ripple Price Analysis
BCC/USD Daily Chart Technical Analysis
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BCC/USD is rangebound and trading sideways as momentum turns positive.
Analysis
BCC prices are moving sideways trading in a very tight range. Short-term support is seen near the 10-day moving average at 1,049. Resistance is seen near the 50-day moving average at 1,266. Momentum has turned positive as the MACD (moving average convergence divergence) generated a crossover buy signal which points to higher prices. The fast stochastic continues to move higher which reflects accelerating positive momentum and is fast approaching overbought territory.
Up-side Target: 1,266
Down-side Target: 1,049
XMR/USD Daily Chart Technical Analysis
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XMR/USD moved lower and is moving sideways below resistance.
XMR/USD moved lower on Wednesday and are trading sideways in a very tight range. Support is seen near the 10-day moving average at 159. Resistance is seen near the 50-day moving average at 210. Momentum has turned positive as the MACD (moving average convergence divergence) generated a crossover buy signal which points to higher prices. The fast stochastic continues to move higher which reflects accelerating positive momentum.
Up-side Target: 210
Down-side Target: 159
XRP/USD Daily Chart Technical Analysis
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XRP is trading sideways, trading tightly between the 10-day and 50-day moving averages.
XRP/USD is trading sideways and appears to be rangebound. Resistance is seen near the 50-day moving average at 0.7383. Support is seen near the 10-day moving average at 0.6312. Short term momentum has turned negative as the fast stochastic generated a crossover sell signal in oversold territory. The MACD histogram is printing in the black with an upward sloping trajectory which points to higher prices.
Up-side Target: 0.7383
Down-side Target: 0.6312
Disclaimer. This content is for informational and educational purposes only. It does not constitute financial advice, a recommendation, or an offer to buy or sell any security or digital asset. Past performance does not guarantee future results. Cryptocurrency investments are subject to high market risk and volatility.
