Bitcoin Technical Price Analysis
BTC hit the 19455$ region again making the daily lower high, if this level sustains and BTC starts reversing to the downside, we can expect the first downside target around 16200$.
Ethereum Technical Price Analysis
ETH has completed its intraday upside movement of 580$$, but we expect this upside push will continue till 600$-610$ region, from there we can anticipate the downside push towards the 480-500$.
Ripple Technical Price Analysis
XRP did outperform BTC and ETH in the past few days and breached the 50 cents regions (which was unexpected).
We can expect one final push to the upside on this pair towards the 60-62 cents region, before coming back to the sub 40 cents.
Litecoin Technical Price Analysis
LTC is also holding the current 80$ region (forming the lower highs on the higher time frame).
Aligning with the BTC analysis LTC will start its downside movement towards the 50$ soon.
Bitcoin Cash Technical Price Analysis
As most of the adults have completed their upside movements of the longer-term perspective, we think it’s time to start considering the downside targets of BCH as well.
Long term upside targets of BCH is located at around 480-500$, if it comes through that will be ~60% profits from the current zone. (if BTC and ETH sustain their zones, BCH will likely to hit the zone).
As the drop is expected from the BTC, we can see the downside regions of BCH first before going towards the upside zones. (Target located at around 200-240$).
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