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Cryptocurrency Market Overview - 12 May 2021

ソース: Wisebitcoin 2021-05-12

 

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  BTCUSD

TECHNICAL VIEW 

 

 

btc may 12 2021

The chart above shows that the pair is trading above 52920. Therefore, we are bullish as long as the pair is trading above it. Our targets: 59370 followed by 60000. On the other hand, if the level of 52920 is broken, the pair might continue going downwards to reach 51000.

 

Important Support and Resistance levels

Resistance Levels Support Levels
64000.00 52920.00
61865.00 51000.00
59370.00 48000.00

Recommended:

We are bullish as long as the pair is trading above the level of 52920.

 

 

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  ETHUSDT

TECHNICAL VIEW 

 

 

eth may 12 2021

As could be seen on the chart above that the pair is trading above a strong support level that is 3800. Therefore, we are bullish as long as the pair is trading above it. Our first target is 4200 followed by 4350. On the other hand, if the level of 3800 is broken, the pair might continue going downwards to reach 3500 followed by 3456.

 

Important Support and Resistance levels

Resistance Levels Support Levels
4350.00 3800.00
4250.00 3500.00
4200.00 3456.00

Recommended:

We are bullish as long as the pair is trading above 3800.

 

 

 

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  XRPUSDT    

TECHNICAL VIEW 

 

 

xrp may 12 2021

The chart above shows that the pair is trading above a strong support level that is 1.3500. Therefore, we are bullish as long as the pair is trading above it. Our targets: 1.6000. On the other hand, if the level of 1.3500 is broken, the pair might go downwards to reach 1.3000 followed by 1.2790.

 

Important Support and Resistance levels

Resistance Levels Support Levels
1.7000 1.3500
1.6500 1.3000
1.6000 1.2790

Recommended:

We are bullish as long as the pair is trading above 1.3500.