Bitcoin-ethrium price analysis for December 07

in hive-175254 •  3 years ago 

Bitcoin price analysis today:
The crypto-currency bitcoin is nothing new. It has been trading in an occasional direction between the levels of $58,199 to the areas of $56,646 at the interval of 60 minutes, as a result of the convergence of market power since the violent landing last Saturday at dawn.

1- An indicator confirmed by normal settings indicates increased vendor resolve.
2- ADX is not significant at the moment.
3- The simple moving average 20 with the fast moving average 10 make up a resistance zone right now.

Bitcoin predictions today :
The digital currency bitcoin, if you break $47,345, may target $42,274 levels.
Support: 47345 - 45437 - 43141
opposition: 4863 - 50000 - 51315

Orientation: accidental

Etharium currency pricing analysis :

Ethereum (ETH) currency in dealings this morning failed to break through yesterday's summit due to the decline in buyers' resolve, so it fell from the levels of $4204 and continued to retreat to areas of $3920.

The ethrium circulates in a downward trend in formation supported by a 60-minute break in the upward trend line and technical indicators in a position supporting the current downward trend.

It is worth mentioning that, the Ithreum broke the bottom of $4031 which confirms breaking the ascending trend line.

1- The simple moving average is fast 10 and the simple moving average is slow 20 their signals are down right now.
2- ADX indicates current downward trend is getting stronger over time.
3- An indicator confirmed by normal settings has a low signal and indicates a high vendor volume.

Expectations :

The digital currency Ethereum, if it's stabilized below $4031 levels, may target $3503 levels.
Support: 3958-3822-3634
opposition: 4250 - 448 - 4580
Orientation: descended
So the second part of the bitcoin price article ended today.

Digital Ribble Analysis :

The ripple currency (RIPPLE) fell in early morning trading from $0.8083 levels to $0.7519 regions as a result of reduced demand.
Currently, the currency coded Ribble is trading at $0.7626 levels.
The ribbon has a neutral view of the exchange between the levels of $0.9502 and the areas of $0.9737 over the 60 minute interval from Saturday until now.

ADX is not significant at the moment.
The RSI 14 is a neutral indicator of the trade between the previous top and bottom levels.
A simple moving average of 20 and a simple moving average of 10 represent a resistant zone at the moment.

Expectations :
It is expected that, in the case of a fraction of $0.7519, the digital currency will target levels of $0.7024.
Support: 0.7626 - 0.7337-0.7095

opposition: 0.7837 - 0.8285 - 0.8811

Orientation: neutral

We showed, through the bitcoin price article, the bitcoin analysis, also the ethereum price analysis and finally the digital ribble.

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#crypto #bitcoin #actnearn #india #puti

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