Published on May 18th, 2017 | by bitcoin0
BTC, ETH, XRP, will be subject to a price analysis.
As a result, this is the situation for the moment:
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.