Bitcoin dipped to 55900, holding simply above assist at 53600/500. Watch this degree on weak point once more at this time.
Ripple we’re lengthy at sturdy assist at 10800/10700. Longs want stops beneath 10300.
Ethereum we’re lengthy at 3500/3450.
Each day evaluation
Bitcoin hit the following goal of 55300/500 & 57000 as we search for 58500 & maybe so far as resistance at 59400/600 in to the tip of the week.
Draw back is predicted to be restricted with assist at 53600/500. Longs want stops beneath 53400. Robust assist at 50900/800. Longs want stops beneath 49500.
Ripple has paused at minor resistance at 12000/12100 to check sturdy assist at 10800/10700. Longs want stops beneath 10300. A break beneath right here targets 9700/9600.
Our longs at at 10800/10700 goal minor resistance at 12000/12100. A break above the excessive for the bounce at 12290 this week targets 12970/12980. Above 13000 search for 13400/500.
Ethereum holding first assist at 3500/3450 targets 3550/3600 & 3700. On additional beneficial properties search for 3830/50 earlier than a retest of the September excessive at 4000/4030.
Outlook constructive so long as we maintain first assist at 3500/3450. A break beneath 3350 nevertheless dangers a slide to sturdy assist at 3170/3150. Attempt longs with stops beneath 3100.