BTC, ETH, XRP, will be subject to a price analysis. – Bitcoints

bitcoin

Published on May 18th, 2017 | by bitcoin

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BTC, ETH, XRP, will be subject to a price analysis.



As a result, this is the situation for the moment:

Uptrend continues.
Strong support zone $1,616 – $1,650.
Resistance zone $1,810 – $1,840.
Volatility remains, although less in the last few days.
What are the price prospects?


Otherwise, if buyers turn out stronger than sellers and pass the $1,810 – $1,840 resistance zone, new highs for BTC/USD are highly probable.
Buys after the resistance zone retest with small risk will remain the main trend for this week.
Then the price can trade at $23 – $25 for a week.
The least probable scenario at the moment is a downfall to $16.
Considering the last cycle and price behavior, we can assume that the support zone will most probably be at around $0.32.

Source: Cointelegraph.com

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