BCH/USD is trading at $938.89, 0.13% up since previous day close. The Bitcoin Cash seems to be trading flat o higher side after soaring down to lower levels earlier in a week. The power outage in China led this selling pressure in Bitcoin & major Altcoins. However, the rising demand for digital assets against the soaring USD & uncertain equity markets makes the digital currencies to trade on positive note. As seen in the chart, the BCH/USD is hovering near major support of Fibo level 38.2 & MA (10). Further buying may be noticed if upside continued to be sustained. On higher side, the $975-$1000 levels can be seen whereas $875 levels can be noticed on lower side.
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Near Day |
R3 | 1200 |
R2 | 1056 |
R1 | 998 |
Turnaround | 913 |
S1 | 855 |
S2 | 770 |
S3 | 626 |
XRP/USD is trading at $1.3848, 0.12% up since previous day close. The slight recovery can be seen in Bitcoin & other Altcoins after sliding down to lower levels earlier in a week amid power outage in Chinese region; affecting Bitcoin mining operations. Also, the considerable correction was due in XRP/USD as it tested three-year highs of $2 with relatively heavy trading volumes. Globally, the worsening Covid-19 situation in major countries & attempts to provide sufficient vaccinations remains vital for digital assets. As seen in the chart, the XRP/USD almost took a support of MA (20) & is expected to cross MA (10) as well on higher side. This shows the chances of further upside with the next possible target of $1.50 & $1.10 on lower side.
Read More… Read LessIntra Day | |
Near Day |
R3 | 1.873 |
R2 | 1.6049 |
R1 | 1.4934 |
Turnaround | 1.3355 |
S1 | 1.2244 |
S2 | 1.0661 |
S3 | 0.7967 |
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