Market review, July 10, 2019

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2019-07-10 15:01:19

Technical analysis of Bitcoin (BTC):

Over the past day, bitcoin pushed off from the resistance level of $12,000 and rose to the mark of $13,000. After that, it slightly dropped and again tried to break through the resistance level of $13,000. The nearest resistance levels are $13,000, $13,500. The nearest support levels are $12,700, $12,360.

Technical analysis of Ethereum (ETH):

Over the past day, ethereum fell to the support level of $302, then, it went up to the resistance level of $303. But now, the price of ethereum is $306.5. We think that the price of ethereum will fall to the support level of $293. The nearest resistance levels are $308, $316. The nearest support levels are $302, $298.

Technical analysis of Ripple (XRP):

Over the past day, ripple rose slightly to the resistance level of $0.4030. But now, the price of ripple is $0.39. We tend to expect a further downward movement. The nearest resistance levels are $0.3940, $0.4050. The nearest support levels are $0.39, $0.3820.

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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