Today, we have see another bullish day in the crypto trading markets session for altcoins although with a little Bearish movement in some crypto markets like IOTA .
Monero reach a new all-time high today in early trading as we expected after clearing the crucial $150 level earlier on.
Long–term investors shouldn’t open new positions at this point. Key support levels are found at $125 and $100, and the targets are ahead near $180 and just above $200 with a stop los around 100 USD
Monero/USD, 4-Hour Chart Analysis
Dash is the other big mover of the day after the announcement of the upgrade to 2MB to reduce the transaction fee of the dash Blockchaine and also The project’s latest partnership with KuvaCash to help “solve inflation” in the turbulent economy of Zimbabwe delivered an additional price spike.
The price of this coin reach a new at hit a new record near $575, cruising past the first target at $540. While another target is ahead near $610, tinvestors should reduce their exposure here, as even the short-term picture is overbought. Support below $540 is at $500, $465, ad $near $410 the previous all-time high.
Dash/USD, 4-Hour Chart Analysis
BTC/USD, Daily Chart Analysis
The risk-reward prospects in altcoins are still better, investors and traders should wait for a deeper correction before entering new positions.and take profit on this level if they had open trades before some days, Crucial support levels are still found near $7700, $7000, and $6700
ETH/USD, 4-Hour Chart Analysis
This coin remains bullish on both time-frames, with only the $380 resistance ahead below the all-time high near $400. Support levels are found at $350, $330, and near $315, while the rising long-term trendline is also nearby at $320.
LTC/USD, Daily Chart Analysis
We expect a rally towards the next target at $82.50 soon. Crucial support levels are still found at $64, $56, and $53.
XRP/USD, 4-Hour Chart Analysis
Ripple remain bearish with Strong resistance at $0.26 and $0.30, the major support levels found just below $0.20, and at $0.18
ETC/USD, 4-Hour Chart Analysis
Ethereum Classic is moving to reach a new all time High price at 23 USD , traders should only play with cautation on this levels , because after this huge bullish movement, ETC could make a correction at any time .
NEO/USDT, 4-Hour Chart Analysis
The coin remains within the short-term correction pattern after its explosive break-out. Resistance levels are at $40 and $50, while support below $34 is found at $30. The long-term picture is not overbought yet, and with the short-term momentum being back in neutral territory, another leg higher is likely in the coming week.
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