The crypto markets regained a bit of the ground they lost during Sunday’s pullback, fueled by positive movement from the bitcoin price and ethereum price. The ripple price also achieved a respectable increase, leading the wider altcoin markets to a moderate advance.

Picture from coinmarketcap

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After that the confreance in china today has recomond for china gouvement to take in cvonsidiration as a payment method and also as along term investment for china goverment, this news has a bring a positive impact on market today leading bitcoin, ethereum and ripple to recover from the blood bath of saturday, and also altcoin have recover .

in this article we will try to find the best analyse of bitcoin, ethereum and litecoin price :

Bitcoin/USD :

If the price break out the channel and break the resistance line of 5900 usd, the next target will be 6400 USD, in the next scenario, if bitcoin don’t break it will be back to be trader between the level of 5200 to 5400 usd then it will break the level of 5000 usd and maybe it will be back the huge support level of 4500 .

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Now we don’t recommend any trade on bitcoin , wait until the end of the fork of 25/10/2107 and 01/11/2017 and then open a trade .

Ethereum/USD

For ethereum, we don’t recommend any trade also because we are in a difficult period of market , where everything is possible, for ethereum the hardfork will determinate the future of the price, if the hardfork happen without any difficult the ethereum will break the support line of 350 usd and the target price will be 500 usd, in the other it will return to be traded under 300 Usd .

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LTC/USD :

If you have open a trade as i have tell you under 55 USD, i suggest you to sell 30 %

of ltc profit around 70 USD, and to keep 30 % to take profit around 71 with a stop lose around 65 USDIf you have any option about our article please left a comment .

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Read also :

bitcoin litecoin and ethereum price analysis-13/10/2017

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