Tuesday, August 20, 2019
Home Cryptocurrency Price Analysis and Forecasts Forecast and analytics – 18 September 2018

Forecast and analytics – 18 September 2018

-

BTC/USD

BTC/USD is trading at $6,300 and is trying to start a correction after a rapid decline on Monday. The coin is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a return of the downward trend. A resistance area test will also perform in favor of lowering quotations, as well as a bounce from the upper boundary of the descending channel. Earlier, a signal of medium strength for sales was received, due to the intersection of signal lines at $6,420.

BTC/USD Forecast and analytics 18 September 2018
BTC/USD Forecast and analytics 18 September 2018

As part of the forecast for September 18, we can wait for the attempt of the price correction and test of the lower limit of the resistance area, near the $6,350 mark, where it is likely that the quotes will continue to decline with a potential target near $6,050. Expect the possible acceleration of the fall in quotations with a rapid breakdown of the support area and fixing the price below $6,100.
Cancellation of the drop will be a breakdown of the upper boundary of Ichimoku Kinko Hyo Cloud with the closing of quotes above the $6,500 area, which will indicate a change in the downward trend.

ETH/USD

ETH/USD is trading at $204.27 and continues to move within the limits of the decline. The coin is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a lateral trend. An additional signal in favor of the drop will be a test of the resistance level, as well as a bounce from the upper boundary of the descending channel. Previously, we received a weak signal for purchase, due to the intersection of the signal lines at $185.00.

ETH/USD Forecast and analytics 18 September 2018
ETH/USD Forecast and analytics 18 September 2018

As part of the forecast for September 18, we can expect a test of the upper boundary of the Ichimoku Kinko Hyo Cloud near the level of $210.00, from which we should expect a bounce and attempt to continue falling with a target below $185.70
The cancellation of the fall case will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud and the closing above the $235.00 area, which indicates a change in the lateral trend in favor of the ascending trend.

XRP/USD

XRP/USD is trading at $0.2710 and continues to move within the decline limits. The coin is traded within the Ichimoku Kinko Hyo Cloud, which indicates a lateral trend. A resistance level test will perform as an additional signal in favor of the price drop, as well as a bounce from the lower boundary of the Triangle model. Earlier, we received a weak signal for purchase, due to the intersection of signal lines at $0.2670.

XRP/USD Forecast and analytics 18 September 2018
XRP/USD Forecast and analytics 18 September 2018

As part of the forecast for September 18, we can wait for the test of the upper limit of the resistance area near the $0.2750 mark, from which we should expect a bounce and an attempt to continue the fall of the XRP/USD pair with the target near the level of $0.2550. Expect acceleration of the fall of quotations after the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud and the closing below the level of $0.2600.
The cancellation of the fall will be a strong growth and breaking through the upper boundary of the Ichimoku Kinko Hyo Cloud with a close above the $0.2850 area, indicating a change in the lateral trend in favor of the ascending trend.

XMR/USD

XMR/USD is trading at the level of $112.62. The coin is traded within the Ichimoku Kinko Hyo Cloud, which indicates a lateral trend with a drop potential. An additional signal in favor of the drop will be a test of the resistance area, as well as a bounce from the upper boundary of the descending channel. Earlier, a signal of medium strength was obtained for sales of the Monero, by crossing the signal lines at $115.00

XMR/USD Forecast and analytics 18 September 2018
XMR/USD Forecast and analytics 18 September 2018

As part of the forecast for September 18, you can wait for the Ichimoku Kinko Hyo Cloud’s upper boundary test near $113.00, where a bounce is likely and the attempt to continue falling with a target at $97.
Cancellation of falling will be a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations above the level of $120.00, which will indicate a change in the lateral trend in favor of the ascending trend.

Get The Latest Cryptocurrency News First - Join Us In Telegram

get connected

13,525FansLike
605FollowersFollow
1,951FollowersFollow
8,724FollowersFollow
2,160FollowersFollow

Recent Posts

Most Popular