Cryptocurrencies

Bitcoin, EOS, ETH and XRP Analysis: DECISION POINT?

Bitcoin, backed by a spike in volume, pushed up and out of the wedge it was consolidating in. It’s now testing the top of key resistance.

Screen Shot 2019-03-29 at 3.17.09 PM.png

EOS has been able to hold above $4.30 for the third day. Price spiked close to major resistance at $4.50 where it was rejected. A decisive break above $4.53 would take out the local high and be a huge win for the bulls. For now, it’s consolidating between $4.30 and $4.50.

Screen Shot 2019-03-29 at 3.17.36 PM.png

Ethereum has been bouncing between $130 and $140 for some time now. If it can decisively break above $150, we might see more upside.

Screen Shot 2019-03-29 at 3.17.55 PM.png

Ripple is approaching the apex of a large wedge and looks poised to make a larger move in the next week.

Screen Shot 2019-03-29 at 3.18.34 PM.png

In today’s analysis I discuss where prices may be heading next, possible traps to avoid, key areas to watch and so much more. I hope you find it helpful.

Video Analysis:

If you don’t see the above video, navigate to TIMM (https://mentormarket.io/workin/) or Steemit in order to watch.

I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!

Workin

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Twitter handle is @Workin2005 and Facebook is https://www.facebook.com/Workin2005
Feature Image By: Saul Gravy

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