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Cryptocurrency Market Overview - 11 May 2021

ソース: Wisebitcoin 2021-05-11

 

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  BTCUSD

TECHNICAL VIEW 

 

 

btc may 11 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 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 11 2021

As could be seen on the chart above that the pair is trading above a strong support level that is 3600. Therefore, we are bullish as long as the pair is trading above it. Our first target is 4000 followed by 4150. On the other hand, if the level of 3600 is broken, the pair might continue going downwards to reach 3456 followed by 3264.

 

Important Support and Resistance levels

Resistance Levels Support Levels
4260.00 3600.00
4150.00 3500.00
4000.00 3456.00

Recommended:

We are bullish as long as the pair is trading above 3600.

 

 

 

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  XRPUSDT    

TECHNICAL VIEW 

 

 

xrp may 11 2021

The chart above shows that the pair is trading above a strong support level that is 1.2850. Therefore, we are bullish as long as the pair is trading above it. Our targets: 1.5000. On the other hand, if the level of 1.2850 is broken, the pair might go downwards to reach 1.2500 followed by 1.1100.

 

Important Support and Resistance levels

Resistance Levels Support Levels
1.6580 1.2850
1.6000 1.2500
1.5000 1.0000

Recommended:

We are bullish as long as the pair is trading above 1.2850.