{[{item.pair.split("_")[0]}]} ${[{item.price.toFixed(4)}]}

{[{item.change24}]}%

{[{item.change24}]}%

Daily Technical Analysis | Ether | Bitcoin | Ripple 2/26/2018

news_img

February 26, 2018 | 

Joanna Newman |  0 Comments| 

544 Views

Share:

Get Into Cryptocurrency Trading Today

ETH/USD Daily Chart Technical Analysis




Our preference: The bias is to the upside

Alternative scenario: look to reverse on a close below support near 800

Support

Short-term 20-day moving average near 867.50.

Resistance

Near the 10-day moving average at 875

Comment: Prices are testing trend line resistance which comes in near the 10-day moving average at 875. A break of this level would likely target the February highs at 891.  Momentum has turned positive as the MACD (moving average convergence divergence) index generated a crossover buy signal. The fast stochastic also generated a crossover buy signal and points to higher prices.

Target: 891

BTC/USD Daily Chart Technical Analysis




Our preference: The bias is to the upside as prices consolidated just above support

Alternative scenario: prices are testing support levels and a drop below could lead to a long liquidation

Support

Short-term 50-day moving average near 9,701.

Resistance

Resistance – A downward sloping trend line at 10,890

Comment: BTC tested trend line resistance but was unable to recapture this level, and is now forming a bull flag continuation pattern which is a pause that refreshes higher. Momentum is neutral as the MACD (moving average convergence divergence) histogram prints near the zero-index level with a flat trajectory which reflects consolidation. This is confirmed but the RSI (relative strength index) which is a printing a reading of 47, which is in the middle of the neutral range and also reflects consolidation.

Target: 10,890

XRP/USD Daily Chart Technical Analysis

XRP/USD Daily Chart Technical Analysis




Our preference: The bias is neutral to positive as momentum is turning positive

Alternative scenario: prices could move lower and a break of an upward sloping trend line near 0.71

Support

At an upward sloping trend line near 0.71

Resistance

The 10-day moving average at 0.99

Medium-term resistance 23.6% Fibonacci retracement at 1.24

Comment: Momentum has turned positive as the fast stochastic has generated a crossover buy signal in oversold territory. The MACD has also turned positive and recently generated a crossover buy signal.

Target: 0.99

Buy & Sell Cryptocurrency Instantly

COMMENTS

0 Comments

Like this article

CREATE ACCOUNT

Have an account? Login

LIVE RATES

ALL

TRENDING

Total Market Cap The Total Market Capitalization (Market Cap) is an indicator that measures the size of all the cryptocurrencies.It’s the total market value of all the cryptocurrencies' circulating supply: so it’s the total value of all the coins that have been mined.

{[{ marketcap }]} {[{ marketcapchange.toLocaleString(undefined, {maximumFractionDigits:2}) }]}% (24H) {[{ marketcapchange.toLocaleString(undefined, {maximumFractionDigits:2}) }]}% (24H)

Symbol

Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting all the data from several exchanges to provide the most accurate price available.

24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current price and the price24 hours ago.

Trade

{[{ item.pair.split('_')[0] }]}

Ƀ{[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]} ${[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]}

{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%

{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%

TRADE

Showing {[{ showing }]}

Symbol

Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting allthe data fromseveral exchanges to provide the most accurate price available.

24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current priceand the price24 hours ago.

Trade

{[{ item.pair.split('_')[0] }]}

Ƀ{[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]} ${[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]}

{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%

{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%

TRADE

Showing {[{ showing_trend }]}

WHAT'S NEW

NEWS

REVIEWS

BROKERS

WALLET