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DashCoin price recovers – Analysis - 28-10-2019

Economies.com
2019-10-28 05:53AM UTC

DashCoin price provided clear positive trades to head towards potential test to the bearish channel’s resistance that appears on the chart, making the bullish trend suggested on the intraday basis, waiting to test 81.25 level mainly, noting that the stability of this level against the price’s bullish rally will push trading to rebound bearishly and resume the main bearish trend again.

 

On the other hand, breaching 81.25 will lead the price to achieve more gains on the short term basis and test 100.00$ barrier as a next main station.

 

The expected trading range for today is between 70.00 support and 81.25 resistance

The expected trend for today: Bullish

Litecoin price attempts to recover – Analysis - 28-10-2019

Economies.com
2019-10-28 05:53AM UTC

Litecoin price provided clear positive trades in the previous sessions to breach 52.00 level and tests the EMA50, which forms solid resistance against the price, which supports the chances of bouncing bearishly to resume the recently suggested negative scenario, waiting to test 52.00 level initially.

 

Therefore, we will be waiting for negative trades in the upcoming sessions, noting that breaching 60.50 will push the price to achieve more intraday gains and test 70.00 level before determining the next destination clearly.

 

The expected trading range for today is between 50.00 support and 64.00 resistance

The expected trend for today: Bearish

Ethereum price attacks the resistance – Analysis - 28-10-2019

Economies.com
2019-10-28 05:53AM UTC

Ethereum price provided clear positive trades in the previous two days to attempt to breach 189.90 level, but it keeps its stability below it until now, accompanied by stochastic approach to the overbought areas, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which depends on the price stability below the mentioned level.

 

Our main waited target is located at 149.10, and breaking 117.40 will ease the mission of achieving it.

 

The expected trading range for today is between 160.00 support and 195.00 resistance

The expected trend for today: Bearish

Bitcoin price achieves strong gains – Analysis - 28-10-2019

Economies.com
2019-10-28 05:52AM UTC

Bitcoin price rallied upwards strongly to approach 10500.00$ barrier, as the price exited the bearish channel that appears on the chart, to turn to rise on the intraday and short term basis, on its way to achieve more expected rise in the upcoming period, as the next target is located at 10900.00.

 

Therefore, the bullish trend will be expected, supported by the EMA50, noting that breaking 8845.00 will stop the expected rise and push the price to return to the bearish channel again.

 

The expected trading range for today is between 9200.00 support and 10200.00 resistance

The expected trend for today: Bullish