Market Review. Results of the Day. Minus 50. 01/30/2018

January 31, 2018

News review:

  • Kudrin and Titov do not endorse a proposed draft bill on crypto in Russia. 
  • Owner of the largest crypto company BTCC has changed. 
  • German financial supervisor suspended the operation of Crypto.exchange as a financial broker.

Changes (24h):

BTC $10,400

ETH $1,117.17

XRP $1.1816

BCH $1,563.40


Technical analysis

After a short pause, major cryptocurrencies are now ready to continue the trend.

BTC support level is $10,000.

ETH support level is $1,000.

XRP support level is $1.

BCH support level is $1,500.

Targets of most cryptocurrencies are the same: minus 50%.

Right now it is a great time to profit on a fall. 

If prices go above yesterday's highs, then the scenario in cancelled. 

   

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