A breakdown at the demand level of $0.09 may be a short position with good candle pattern as confirmation for entries. Traders are advised to be patient before taking any position.
“Double bottom” pattern was formed as it is clearly seen on the chart which indicates that BSV price may hit $92 price level in which if the level is broken the coin may have its high at $96 price level.
The demand level of $0.25 may be the bears’ target. In case the demand level of $0.25 holds and the XRP price bounce, an upward trend may be experienced with $0.38 – $0.43 as its target.
Ethereum price is fluctuating above the $79 price level, price breakout is imminent. In case the bullish candle penetrates the supply level of $103 and close above it, $157 price level may be its target.
A breakout below the support level of $3,094 will further decline in Bitcoin price towards $2,261 – $1,500 price level. Traders can remain flat as long the consolidation continues.
In case the bears were able to break downside the demand zone of $0.027 then it will have its low at $0.022. Else, the Cardano price will bounce and rally to the north to have $0.032 – $0.042as its target.
The strong demand level of $0.13 was broken downside last week and Stellar price may have its low at the demand level of $0.10 as more strong bearish candles are forming which indicates that bears’ pressure is increasing.
The BSV coin (previously called Bitcoin Cash SV) may have its low at the support level of $64, only if the bears increase their momentum and break the demand level of $86 downside.
Should the demand level of $0.32 holds, XRP price will have its target at $0.43. In case the bearish candle penetrates the demand level of $0.32 and close below it, the coin will face the demand level of $0.25.