Price analysis of BTCUSD, LTCUSD and ETHUSD as of 03/19/2018

Price analysis of BTCUSD, LTCUSD and ETHUSD as of 03/19/2018

Bitcoin (BTCUSD)

Let's start with the main crypto currency. Weekend for bitcoin passed under the sign of falling. After Friday's price of 7800 dollars, the coin dropped to 7234 dollars, thereby renewing its minimum since February 8. Bitcoin broke through the support line, but thanks to the bulls' efforts, the session ended with growth, thereby making possible a positive forecast for the growth of the currency for the current week. The capitalization of the currency is 141.4 billion dollars.

At the moment the pair of BTCUSD will storm the second time in the session the resistance line at 8,290 dollars. Moving averages Alligator shows that the predator goes on a hunt. As upward trends prevail on the market, growth should begin. We are waiting for the re-testing of the mark 8290. In case of overcoming the mark, it is worth buying at 8440 dollars, and in case of rebound resistance to 8000 opens positions at 7800 dollars and higher.

Litecoin (LTCUSD)

Yesterday's session of LTCUSD ended with a rise and rebound from the resistance line of 127.5 dollars. All thanks to the large volume of the purchase. Today, the pair shows lateral dynamics and tests the mark of 137.2 dollars. There are signals indicating a growth in the market. First, the slippery average of the Alligator shows possible growth. Secondly, MACD signals an increase in bullish sentiment in the market. To enter the auction is recommended at around $ 140.4 (with a rebound of 137.2) or 131 dollars (with a rebound of 127.5). The capitalization is 8.58 billion dollars.

It can be interesting:  Where the main crypto currency moves on 06/03/2018

Ethereum (ETHUSD)

Ethereum occupies the weakest position with the three main crypto currencies and for the last 3 consecutive sessions the bearish sentiment prevails. Yesterday after the low of December 23 last year, at $ 438.19 the pair managed to regain a little and fix the support line above $ 465.8. ETHUSD continues to show a bearish bias with lateral dynamics and there is a huge probability of correction below the $ 465 mark. Market capitalization is small – 53.76 billion, which indicates a possible short-term growth. It makes sense to consider the option of buying for $ 490 for a rebound from the resistance of $ 460 or selling at 575 for a rebound of $ 600.








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