Market Review. Results of the Day. Record of Ripple. 03/05/2018

March 5, 2018


BTC $11,519

ETH $856.80

XRP $1.03

BCH $1,269.40


Technical analysis.

Today, trading volumes of Ripple are at the highest level in three weeks. The price broke out from the narrow range around $0.9. Next resistance level is $1.15. One should not to wait for a new trend unless the price leaves the range from $0.65 to $1.15. At the same time, this range is interesting for short-term speculation.

Litecoin, Zcach, Dash, IOTA, Ethereum, and Bitcoin remain in narrow ranges. There is currently no sense for speculative trading in these market.

A medium-term growing trend has been continuing in Monero market. The price is currently around $370. Resistance level is $440, support level is $320.

Neo has continued to move in a short-term downtrend from $140. The nearest support level is $110. If the price breaks down thuis level, then the movement to $80 is possible. 

Bitcoin has continued to move in a short-term upward trend. Resistance level is $12,000. Breaking out from this level opens the way to $16,000.

 

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