BTC/USD



BTC/USD is being traded at $3,532 in the correction. The $3,800 area became an obstacle to corrective growth. For the past trading day, the price could not overcome this mark. The potential of the current correctional growth has not yet been exhausted. The upper bound for the current correction of $3,900 has not been tested. Therefore, continued growth can still take place. In any case, the current upward wave should be considered solely as a rebound after the previous decline. After some stabilization at current levels, a move to $3,000 looks very likely. The amplitude of the waves is too small to talk about the formation of a pivot point. Therefore, we are likely to see the testing of the $3,000 level, this year or the next one. This is a historically significant level. Therefore, the price is very likely to meet with psychological support. This factor, together with the upcoming positive events of the first quarter of 2019, may serve as a basis for changing the entire market movement in the future.

BTC/USD Forecast and analytics 11 December 2018

As part of the forecast for December 11, we can expect the continuation of the corrective movement in the range of $3,915 – $3,270. The signal area is very narrow and ranges from $3,590 – $3,570. This is a dynamic zone of the “balance” of the asset price for the next day. The price will tend to return to this value after moving up or down of this level. For now, it is lower and it is likely that the price will re-test it before it continues to decline to the region of $3,250 – $3,000.

An alternative would be the development of a full upward correction. To start with, the price will need to break through $4,200 and go to the first goal of $4,500. After fixing at these levels, we can expect growth to the region of $5,500- $5,000.

ETH/USD

ETH/USD is being traded at $91.51 in the correction. As previously assumed, the level of $100.00, turned out to be a tough resistance for the coin. Having formed a false breakdown, the price went down. The upper limit $104.50 for the current correction has not been reached. Therefore, the potential for the continuation of the upward correction has not yet been exhausted, and we can see continued growth. The coin came to life a little during the past trading day. However, the current situation should be considered solely as a rebound with consolidation. It is still too early to talk about a change in a global trend. The likelihood of further decline is still high.

ETH/USD Forecast and analytics 11 December 2018

As part of the forecast for 11, we can expect the continuation of the corrective movement in the range of $103.50 – $86.50. The signal area is very narrow and ranges from $95.15 to $93.90. This is a dynamic zone of the “balance” of the asset price for the next day. The price will tend to return to this value after moving higher or lower it. For now, it is lower and it is likely that the price will re-test it, and then continue to decline to $86.50 – $77.76.

An alternative would be the development of a full upward correction. To start with, the price will need to break through $116.00 and go to the first goal of $130.00. After fixing at these levels, we can expect growth to the region of $150.00 – $155.00.

XRP/USD

XRP/USD is being traded at $0.30495 in a correction. The movement of the coin repeats the dynamics of the market recently. But in the medium term, the price retains its potential for growth. However, general market factors continue to deter buyers. Price remains at historically important levels. Yesterday we wrote about their prospects in details. Therefore, at the moment the current coin remains very interesting for observations and investment ideas.

XRP/USD Forecast and analytics 11 December 2018

As part of the forecast for December 11, we can expect the continuation of the corrective movement in the range of $0.34350 – $0.28700. The signal area is located at the levels of $0.31600 – $0.31200. This is a dynamic zone of the “balance” of the asset price for the next day. The price will tend to return to this value after moving higher or lower it. For now, it is lower and it is likely that the price will re-test it, and then continue to decline to the region of $0.28700 – $0.26650.

An alternative would be the development of a full upward correction. To start with, the price will need to break through $0.38500 and go to the first goal of $0.43000. After fixing at these levels, we can expect growth to the region of $0.50000 – $0.45000.

XMR/USD

XMR/USD is being traded at $45.167 in a correction. Over the last trading day, the coin retested the lower levels of the whole fall. The upper limit for the current correction of $52.000 has not been reached. Therefore, if the current local correction continues, there is potential for price growth. It is also worth noting that judging by the nature of the price movement, the update of current lows will happen in the near future. Then, perhaps, the market will take a breath and we will see a corrective growth to a more or less acceptable area of $52.000 – $55.000.

XMR/USD Forecast and analytics 11 December 2018

As part of the forecast for December 11, we can expect the continuation of the corrective movement in the range of $52.100 – $43.500. Signal area is located at $47.900 – $47.100. This is a dynamic zone of the “balance” of the asset price for the next day. The price will tend to return to this value after moving higher or lower it. For now, it is lower, it is likely that the price will test it again, and then continue to decline to the region of $43.300 – $39.500.

An alternative would be the development of a full upward correction. To start with, the price will need to break through $62.500 and go to the first goal of $72.000. After fixing at these levels, we can expect growth to the region of $86.000 – $78.000.