XRPShort
Trading plan: BTC ETH XRP BCH LTC
BTCUSD
Capitalization of the market for the last week fell from 300B to 286B according to Coinmarketcap. Liquidity of the market is decreasing. And this means that Bitcoin's price will either slowly fall, or move for a long time in flat.
Forecast for today:
The fall of Bitcoin's rate from $7800 to $7200.
ETHUSD
The rate of Ethereum has already decreased quite a bit, so there is a possibility of finding support from buyers in the zone: $420 - $400.
Forecast for today:
The drop in the Ethereum rate from $440 to $400.
XRPUSD
XRP has been consolidating for a long time near the level of $0.43. We believe that Ripple price will continue to fall slowly.
Forecast for today:
The fall in the rate of Ripple from $0.44 to $0.42.
BCHUSD
Bitcoin Cash rate has all chances to go up to $780, after which it will continue to fall.
Forecast for today:
The drop of the Bitcoin Cash rate from $780 to $700.
LTCUSD
Litecoin price is in no hurry to fall. We observe a long consolidation of Litecoin rate in the zone: $80- $76. In our opinion, the Litecoin price will continue to decrease.
Forecast for today:
The fall of Litecoin rate from $80 to $72.
Capitalization of the market for the last week fell from 300B to 286B according to Coinmarketcap. Liquidity of the market is decreasing. And this means that Bitcoin's price will either slowly fall, or move for a long time in flat.
Forecast for today:
The fall of Bitcoin's rate from $7800 to $7200.
ETHUSD
The rate of Ethereum has already decreased quite a bit, so there is a possibility of finding support from buyers in the zone: $420 - $400.
Forecast for today:
The drop in the Ethereum rate from $440 to $400.
XRPUSD
XRP has been consolidating for a long time near the level of $0.43. We believe that Ripple price will continue to fall slowly.
Forecast for today:
The fall in the rate of Ripple from $0.44 to $0.42.
BCHUSD
Bitcoin Cash rate has all chances to go up to $780, after which it will continue to fall.
Forecast for today:
The drop of the Bitcoin Cash rate from $780 to $700.
LTCUSD
Litecoin price is in no hurry to fall. We observe a long consolidation of Litecoin rate in the zone: $80- $76. In our opinion, the Litecoin price will continue to decrease.
Forecast for today:
The fall of Litecoin rate from $80 to $72.
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