Bitcoin, Crypto currency, Blockchain

Bitcoin, Ethereum, and XRP – rate analysis KW30 – Bitcoin-course in the final sprint?

1ad394a636ceb7f9a7448a502754667e - Bitcoin, Ethereum, and XRP – rate analysis KW30 – Bitcoin-course in the final sprint?

Display

As everyone noticed, may not have had the Bitcoin rate significant rate increases. For the Ethereum course, and the XRP course the Situation is not so good: While the Ethereum sideways moving in the first line, XRP increased after all.

In order to give an Overview of the Top 3, here are the developments of Bitcoin, Ethereum and XRP price will be presented. We also take, if possible, on prior rate analysis and look at what has happened since then.

The increase in the price of Bitcoin has dominated the last week. A look at the development of the total market capitalization shows, however, that the majority of the other cryptocurrencies Bitcoin. The exceptions were formed by the positive Comments received from Coinbase in terms of Stellar and Ripple, as well as by means of a Sharia certification by Stellar. However, this behavior is not unusual; a Altcoin Rally a Bitcoin Rally occurred in the past. Accordingly, you may be curious as to whether the current upward movement of Bitcoin prices. For the Ethereum and the XRP price this would be advantageous.

Bitcoin rate (BTC/USD)

The massive reached upward movement in December 2017 at its peak. The 20,000 US-Dollar (EUR 17,000) could not be overcome. The Low of the correction movement was formed at the end of June 2018 at 5.737, US Dollar (4,900 euros). Thanks to the following current upward movement in the medium term could be broken uptrend days later. The upward movement of the last few days has succeeded once again tightened, and thus it is the Bitcoin, short-term downward trend. In addition, the cloud of the Ichimoku-Kinko-Hyo was outbid indicator.

Here shown in the daily chart, the indicators are agreed: All traffic lights are Green.

Bullish Version:

The upward movement of the last days will continue. To make this possible, is a consolidation of about 7.692 US Dollar (6.600 euros) is desirable. It is important to be able to the broken short-term Downtrend continue to defend.
The upside targets can be clearly identified:

1. 9.261 US dollars (7,900 euros)
2. 9.726 US Dollar (8,300 euros)
3. 11.540 US dollars (9,900 Euro)

Bearish Version:

The current breakout above the short term down trend was a false breakout. Bitcoin falls back below these – at the moment this is 7.570 US dollars (6,500 euros), tendency falling. The cloud of Ichimoku-Kinko-Hyo-indicator, though supportive, may not prevent the loss in the short-term upward trend at 6,500 US dollars (5,600 euros) and growing. It is in these, the downward aim of the Bitcoin at the 6,000-US-Dollar mark (5,100 euros).

Ethereum-course (ETH/USD)

The Ethereum course there was two weeks ago, a analysis. In this, the question was still open whether Ethereum can overcome the short-term downward trend. This is, after all, succeeded. A strong movement has not resulted in but. Instead, Ethereum is a course in the daily chart still trapped in its sideways movement. The re-Test of the broken downtrend was successful. Currently, the lower edge of the cloud of the Ichimoku-Kinko-Hyo-indicator at the current rate, builds currently.

Bullish Version:

As before, it is in the Ethereum course important that the width of the support area between 418 U.S. Dollar and 471 US dollars (360-400 Euro) is used. A sustainable Cessation of this is for further rate fantasies on the upper side is absolutely necessary. It goes beyond the cloud of Ichimoku-Kinko-Hyo-indicator – currently at 562 US dollars (480 Euro) a decreasing trend is a short-term goal at 624 US Dollar (€530). A great act of liberation can succeed only with the courses, 684 US dollars (580 Euro) to make the following goals possible:

1. 897 US dollars (760 Euro)
2. 1.021 US-Dollar (870 Euro)

Bearish Version:

The cloud of Ichimoku-Kinko-Hyo-indicator acts as a resistance and cannot be exceeded due to the following weakness. The Ethereum course leaves the currently ongoing sideways motion down and under the 405 US dollars (350 Euro) is below. Thus, a sell signal is generated and the following rates are opened objectives:

1. 365 US dollars (310 euros)
2. 338 US dollars (290 euros)

XRP price (XRP/USD)

To XRP, formerly known as Ripple, it is only in the last week, a rate analysis.
Ripple moves on thin ice and is on the verge of generating a sell-signal. The power of the buyer was not even enough, the clouds lower edge of the Ichimoku-Kinko-Hyo-test indicator. So far, the primary upward trend. Accordingly, the question of how long that is still the case.

Bullish Version:

The medium-term upward trend is now finally acknowledged by market participants and the purchasing power of the buyer, provides for a rate increase. The soil around the $ 0.43 (0.37 euros), so that the course can surpass the cloud of the Ichimoku-Kinko-Hyo-indicator. This is currently at 0.56 US Dollar (EUR 0.48), tendency falling. The course surpasses the short-term downward trend. The next price targets are here:

1. 0.93 to the US Dollar (€0.79)
2. USD 1.15 (0.98 Euro)
3. US $ 1.37 (1.17 euros)

Bearish Version:

The XRP price will fall below the Support at $ 0.43 (0.37 euros). The medium-term up trend, no effect, and by the lasting, you must put the weakness of a new price target at $ 0.30 USD (€0.26). Including Ripples crypto threatens currency from slipping on the 0,24-US-Dollar-brand (0.21 Euro).

Conclusion:

The idea of the Top 3 shows in Sync the courses run in a long time. During the Bitcoin, in a convincing, if short-term is uptrend, not to see the Ethereum – and the XRP price too convincing. Just this Situation is to observe. There are ways to interact here, especially in the short-term unit of time that is sufficient for the. But you should in the long term, waiting for a clear Setup, as it has, for example, in the Bitcoin.

Disclaimer: The presented on this page, rate estimates do not constitute buy or sell recommendations. They are merely an assessment of the analysts.

Images on the Basis of data from bitfinex.com and bittrex.cm at 09:15 on 25. July created.

You have interest to learn Trading from an expert? In the trading school cryptographers, various webinars are available for Learning the Trading craft. Just have a look!

Leave a Comment