Ethereum price highlights

· The Ether price traded above the $ 490 mark before a downward correction was initiated

· On the hourly chart is a large bullish trendline with support at $ 472

· ETH approaches some key supports at $ 478, $ 472 and $ 470

The Ethereum price is currently correcting against the US dollar and Bitcoin. ETH is likely to find support near the $ 472 mark in the near future.

Technical indicators signals

Yesterday there was a new move up above the $ 475 mark. ETH broke the $ 490 resistance and hit a new week high at $ 496. Later, a downward correction began and the price fell below the $ 485 mark. However, the price is approaching many important supports at $ 478, $ 472 and $ 470. Also on the hourly chart is a large bullish trend line with suport at $ 472. Above trend support, the 100-hour SMA is near the $ 473 mark.

Ethereum price analysis

Looking at the graph, the price remains well supported above the $ 470 mark. On the other hand, the price has to break the $ 486 mark to go above $ 490. Eventually, a break above the recent high of $ 496 is required to earn more than $ 500. The MACD is strongly in the declining zone. The RSI is approaching the 40 mark and signals the selling pressure. The largest support level is $ 472, while the resistance is $ 490.

Ripple price highlights

· The ripple price fell a few points after rising to $ 0.4877 against the US dollar

· On the hourly chart, there is an important bullish trendline with support at $ 0.4680

· XRP may lose a few more points, but remains above $ 0.4650

The ripple price is in a bullish zone against the US dollar and Bitcoin. XRP has to break the $ 0.4800 and $ 0.4860 resistance zones to continue rising.

Technical indicators signals

Over the past 2–3 days, there have been decent bullish moves over $ 0.4600. XRP traded above the resistance levels of $ 0.4750 and $ 0.4800. A high was formed at $ 0.4877 before the price started a downward move. Ripple tested support at $ 0.4750, where buyers showed up. At the moment, the price is consolidating losses close to the $ 0.4780 mark and the 100-hour SMA. On the other hand, there is an important bullish trendline with support at $ 0.4680. So, if the price falls further from current levels, it could find support near the $ 0.4700 and $ 0.4680 levels.

Ripple price analysis

Looking at the chart, the price is in a bullish zone over $ 0.4700. On the other hand, a break above the resistance values ​​of $ 0.4800 and $ 0.4850 could pave the way for further gains. The MACD is currently in the declining zone. The RSI is currently just above the 40 level. The support level is $ 0.4700 while the resistance is $ 0.4850.

Bitcoin Cash Price Highlights

· The Bitcoin cash rate began a downward correction, after trading above the resistance of 770 $

· On the hourly chart, there was a break below a short-term declining channel with support at $ 755

· This pair is expected to test important support at $ 730 in the near term

Bitcoin Cash was unable to break resistance of $ 780 against the US dollar.

Technical indicators signals

There was an uptrend above the $ 750 resistance. BCH even traded over the resistance of $ 770. However, this could not break the resistance of $ 780. As a result, there was a negative reaction. During the decline, there was a break below a short-term declining channel with support at $ 755 on the hourly chart. BCH has even broken $ 750 support and is currently testing the 100-hour SMA. The main support is $ 720–730, which used to be called resistance.

Bitcoin Cash Price Analysis

Looking at the chart, the price could limit further losses from the $ 730 support. On the other hand, an initial resistance near the $ 750 mark has to be overcome to gain momentum. In addition, the next hurdles are $ 755 and $ 770. After all, the main barrier to further gains is $ 780. The MACD gains momentum in the declining zone. The RSI is now well below the 50 mark. The largest support level is $ 730, while the resistance is $ 780.

Bitcoin price highlights

· The Bitcoin price has hit lows and is currently at $ 6,785 before resistance

· The technical indicators suggest that the cap could last for a short time

The Bitcoin price is testing the tip of an ascending triangle pattern, but the technical indicators indicate for the first time that the resistance could hold.

Technical indicators signals

The 100 SMA is still below the longer-term 200 SMA to indicate that the path of least resistance is down. This means that the selling pressure still exists. As a result, the Bitcoin may re-test triangular formation support. Bitcoin is traded above the moving averages, so there is also some purchasing power. The gap between moving averages decreases, slowing selling pressure. A break beyond the triangle peak could move BTC towards the $ 7,000 mark. The RSI is turning downwards, signaling a selling pressure. Nevertheless, the RSI is still in the bullish zone, so buyers could reappear. The stochastic also shows down again.