BitcoinExchangeGuide Posted May 23, 2019 Share Posted May 23, 2019 Ethereum Price Prediction Today: Daily (ETH) Value Forecast – May 23 ETH /USD Medium-term Trend: Bearish · Resistance Levels: $250, $260, $270 · Support Levels: $240, $230, $220 Yesterday, May 22, the price of Ethereum was in a sideways trend. The crypto’s price now ranges above the 12-day EMA but trades below the $260 resistance level. The ETH market is range bound between the levels of $230 and $260. The candlesticks pattern has changed to small bodies price bars like the Doji and the Spinning tops. This described the indecision between the buyers and the sellers at the current market price. Nevertheless, the crypto’s price is above the 12-day EMA which indicates that price will make an upward move. However, if the market continues its range-bound movement, the crypto is set for a price breakout or a price break down. A price break out would make the market rally above $280 price level. A price break down would further depreciate the crypto’s price. Yesterday, the market fell and depreciated to a low at $243 price level. Nevertheless, the crypto’s price is below the EMAs and will further depreciate to the previous low at $230 price level. ETH/USD Short-term Trend: Bearish On the 1-hour chart, the price of ETH was in a bearish trend zone. The market had been on a downward correction after the resistance at the $280 price level. On May 21, the bulls were also resisted at the $262 price level. The ETH price was also resisted at the $260 and the $257 price levels. On each resistance, the price would fall below the EMAs but the bulls would make attempt to pull above the EMAs. Yesterday, the market fell and dropped to the previous low at $243 to commence a range bound move. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research. Source: www.bitcoinexchangeguide.com Link to comment Share on other sites More sharing options...
BitcoinExchangeGuide Posted May 27, 2019 Share Posted May 27, 2019 Litecoin Price Prediction Today: Daily (LTC) Value Forecast – May 27 LTC/USD Medium-term Trend: Bullish · Resistance Levels: $116, $120, $124 · Support levels: $108, $104, $100 Last week the price of Litecoin reached its peak price of $104 while in a bullish trend. The market reached the $104 price level and was resisted by the bears. The LTC market had a downward correction as the bears broke the 12-day EMA and the 26-day EMA to reach the $84 support level. The EMAs are trending horizontally as the crypto’s price is fluctuating below and above it. On May 24 and 25, the bulls broke the EMAs and the overhead resistance of $104. The market is approaching the $116 price level. This was a positive sign as the bulls took control of price. However, the market is having a slight retracement after being resisted at the $116 price level. If the bulls sustain the price above the EMAs, the market will rise to the $120 price level. On the other hand, if the price continues its downward correction, it may fall to the $104 price level. LTC/USD Short-term Trend: Bullish On the 1-hour chart, the price of Litecoin is in a bullish trend. In the previous week, the market was in a sideways trend. The crypto’s price was fluctuating between the levels $88 and $93. However, in the last 48 hours, the crypto’s price was ranging above the $100 price level before the recent surge in price. The crypto’s price rose to a high of $116 price level but was resisted. The price retraced to the $110 price level and resumed its upward move.The MACD line and the signal line are above the zero line which indicates a buy signal. The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research. Source: https://bitcoinexchangeguide.com Link to comment Share on other sites More sharing options...
BitcoinExchangeGuide Posted May 30, 2019 Share Posted May 30, 2019 Ethereum Price Prediction Today: Daily (ETH) Value Forecast – May 30 ETH /USD Medium-term Trend: Ranging · Resistance Levels: $270, $280, $290 · Support Levels: $260, $250, $240 Yesterday, May 29, the price of Ethereum was still in a sideways trend. Since on May 26, the ETH market had been fluctuating between the levels of $260 and $280. The bulls were being resisted at the $275 price level while it was well supported at the $260 price level. On the upside, if the bulls break the $280 price level, the market is likely to rise to the highs of $290 and $300 price levels. On the downside, if the bulls fail to break the $280 price level, the market will fall to the support of the 26-day EMA or continue its range bound move. The MACD line and the signal line are above the zero line which is a buy signal. ETH/USD Short-term Trend: Bullish On the 1-hour chart, the price of ETH is in a bullish trend zone. The bulls have broken the $280 overhead resistance and price is approaching the $290 price level. Nevertheless, if the bulls sustain the price above the $280 price level, the bulls will retest the previous highs. However, if the bulls face resistance at $295, the crypto’s price is likely to fall to the range bound zone. On the other hand, if the bulls break the initial resistance, the crypto’s price will soar above the $300 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research. Source: www.bitcoinexchangeguide.com Link to comment Share on other sites More sharing options...
BitcoinExchangeGuide Posted June 2, 2019 Share Posted June 2, 2019 Litecoin Price Prediction: Long-term (LTC) Value Forecast – June 1 LTC/USD Long-term Trend: Bullish · Resistance Levels: $105, $110, $115 · Support levels: $100, $90, $80 The LTC/USD pair is in the bullish trend zone. On April 3, the LTC market had been trading below the $100 resistance level before it was broken. During the month of April, the LTC market fell to a low at $70 support level. In the month of May, the bulls made an upward move and tested the $100 resistance twice before breaking it. On May 24, the bulls broke the $100 resistance level to reach a high of $120 price level. The bulls were resisted at the $120 price level and price retraced to the support of the 12-day EMA. On the upside, if the 12-day EMA is holding, the crypto's price is likely to rise to retest or break the $120 resistance level. On the downside, if the bears break below the EMAs or below the $100 price, the crypto's price will fall to either a low at $70 or $90 price level. Meanwhile, the coin has an opening balance of $78 in the month of May 2019. The crypto has a closing price of $114 as at May 31. This indicates that the LTC market appreciated by 46% of its capitalization in the month of May 2019. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research. Source: https://bitcoinexchangeguide.co Link to comment Share on other sites More sharing options...
BitcoinExchangeGuide Posted June 9, 2019 Share Posted June 9, 2019 Ethereum Price Prediction: Long-term (ETH) Value Forecast – June 8 ETH/USD Long-term Trend: Ranging · Resistance Levels: $280, $300, $320 · Support Levels: $240, $220, $200 The ETH/USD pair is trading in a range-bound zone. The ETH market is trading between the levels of $240 and $280. In the last three weeks, the bulls and the bears were yet to break their respective levels. On June 3, the bulls were resisted and the price fell to the $240 support level. The lower price range was holding as the bulls took another initiative to resume the range bound move. However, the appearance of small body candlesticks provides indecision between the buyers and sellers at the current market price. Nevertheless, if the crypto continues its range-bound movement, the price of Ethereum is likely to face a bullish breakout or a bearish breakout. At the upper price level, if there is a bullish breakout at the $280 resistance level, the ETH price will rally above the $320 price level. On the other hand, if there is a bearish breakout at the $240 price level, the coin will depreciate to a low at $160 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research. Source: www.bitcoinexchangeguide.com Link to comment Share on other sites More sharing options...
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