Bitcoin Cash – Daily ABC, Litecoin and Ripple Analysis – 25/11/18



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Bitcoin Cash – ABC Reservoirs

Bitcoin Cash ABC fell again on Saturday, slipping 14.26% on a 1.66% drop on Friday, ending the day at $ 174.57.

Bitcoin Cash ABC kicked off the day with a record high of $ 211.33 in the early morning, breaking the day's first resistance level at $ 209.21, before slipping back into a relatively tense afternoon.

Bitcoin Cash ABC has collapsed across the main support levels of the day, falling to $ 161.85 intraday, before returning to $ 170, the combined value of BCH ABC and SV being 229, 83 USD, a drop from pre-fork levels of $ 500.

At the time of writing, BCH ABC was down 5.2% to $ 165.5. BCH AB reached $ 183.43 before reaching its highest level of the morning, before falling back to $ 165.47, with the major support and resistance levels of the day not having been tested. early.

For the day ahead, a return to the morning high of 183.43 USD would favor a rebound in the afternoon, BCH ABC having to move to 183 USD in the early afternoon to support a race to 200 USD to bring the first resistance level of the day to 203.32 USD. play before any withdrawal.

If BCH ABC did not return to 183 dollars, BCH ABC risked falling into the red, with a drop to 162 dollars, which would pass the first major support of the day to 153.84 dollars and 140 dollars before a recovery.

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Litecoin hits the $ 20

Litecoin slid 9.86% on Saturday, reversing Friday's 1.15% gain on Friday, ending the day at $ 28.6, marking its first visit to the $ 20 since mid-June last year. .

After peaking at a record high of $ 32.98, the bias returned, with Litecoin recovering during the day, preceding a massive late-in-the-day sale that saw Litecoin slide through the first level of main support to $ 30.42 and the second. Major support level at $ 29.16 for an intraday minimum and a new swing at $ 27.67 before stabilizing.

At the time of writing, Litecoin was down 4.34% to $ 27.36. Litecoin reached a morning high of $ 28.99 before falling back to $ 27.1, as the support and resistance level of the day was not tested early.

For the day ahead, a return to the top of the morning range of $ 28.99 to $ 29.75 would bring levels of $ 30 and the first level of major support of the day to $ 31.83 before any withdrawal, the Litecoin is expected to face strong resistance in any race to $ 30 to lock the Litecoin back from a first-level breakout of major resistance.

If Litecoin failed to reach its highest level of the morning, the first major support of the day ($ 26.52 to $ 25) would bring the second major support of the day to $ 24.44 before any recovery, the new swing of the morning reaching $ 27.1 thus offering total control to the bears. early.

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The ripple sees more red

Ripple's XRP fell 8.3% on Saturday after falling 2.88% on Friday to end the day at $ 0.38021.

In pursuit of the pack, Ripple's XRP broke the 23.6% FIB retracement bar at $ 0.4164, before retreating, Ripple's XRP fell below 23.6% FIB at the end. morning, in front of the open sea, the day sold.

Ripple's XRP dropped to $ 0.3975 for the first major support of the day and $ 0.3803 for the second major support, to hit an intraday low of $ 0.3687 before stabilizing.

At the time of writing, Ripple's XRP was down 11.22% to $ 0.33756. The early morning was marked by the fall of the Ripple XRP, which rose from a high of the day at $ 0.38213 to a low of the morning, at $ 0.33838. support level at $ 0.3564 to use support at the second main support level at $ 0.3325.

For the day ahead, the return to the highest level of the morning from 0.38213 to 0.39 USD would reach a level of 0.40 USD, a general market recovery is needed to bring the first level of resistance of the day at 0.4164 USD.

In the event of failure, Ripple's XRP program would run through the rest of the day, with a second major support level withdrawal at US $ 0.3325, raising levels below US $ 0.30 before any rally; Ripple's XRP system seeing its resilience tested weekend.

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