Market review, January 30, 2020

2020-30-01 13:38:39

Technical analysis of Bitcoin (BTC):

Over the past day, the price of bitcoin dropped to the support level of $9,170. Then it rose to the resistance level of $9,400. Now, the price of bitcoin is $9,360. In the future, we expect the continuation of the upward movement. The nearest resistance levels are $9,430, $9,500, $9,800, $10,000. The nearest support levels are $9,150, $9,000, $8,720, $8,500, $8,380, $8,250, $8,140, $8,000, $7,900.

Technical analysis of Ethereum (ETH):

Over the past day, the price of ethereum fell to the support level of $170. Then it rose to the resistance level of $177. Now, the price of ethereum is $176. In the future, we expect the continuation of the upward movement. The nearest resistance levels are $178, $180, $185. The nearest support levels are $175, $173, $170, $167, $165, $163, $160, $158, $155.

Technical analysis of Ripple (XRP):

Over the past day, the price of ripple dropped to the support level of $0.23. Then it rose to the resistance level of $0.2380. Now, the price of ripple is $0.2380. In the future, we expect the continuation of the upward movement. The nearest resistance levels are $0.24, $0.2450, $0.25, and $0.2550. The nearest support levels are $0.2360, $0.2320, $0.23, $0.2260, $0.22, $0.2170, $0.21, $0.2090.

Disclaimer. This review is only for information purposes and cannot be considered as a proposal or an indication to perform certain transactions in the financial and commodity markets. The estimates and recommendations in the review are the personal opinion of the company's analysts. The company's view on the prospects for individual financial instruments is valid as of the date of the report. The Company does not assume any liability and liabilities for compensation for damage that may result from the use of this report.
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