EXCHANGE

PROMOTION

PARTNERSHIP

NEWS & RESEARCH

Market Research

Market Research

Cryptocurrency Market Overview - 28 Dec 2021

Source: Wisebitcoin 2021-12-28

 

logo

  BTCUSD

TECHNICAL VIEW 

 

 

Main: The chart above shows that the pair is trading below a strong resistance level that is 52000. Therefore, we are bearish as long as the pair is trading below it with targets: 46000 - 45000. On the other hand, if the level of 52000 is broken, the pair might reach 55000 followed by 58000.

 

Important Support and Resistance levels

Resistance Levels Support Levels
60000.00 45000.00
55000.00 40000.00
52000.00 34000.00

Recommended:

We are bearish as long as the pair is below 52000.

 

 

logo

  ETHUSDT

TECHNICAL VIEW 

 

 

Main: The chart above shows that the pair is trading below 4200. Therefore, we are bearish as long as the pair is trading below it with targets: 3800 followed by 3600. On the other hand, if the level of 4200 is broken, the pair might reach 4300 followed by 4400.

 

Important Support and Resistance levels

Resistance Levels Support Levels
4600.00 3600.00
4300.00 3200.00
4200.00 3000.00

Recommended:

We are bearish as long as the pair is trading below 4200.

 

 

logo

  XRPUSDT    

TECHNICAL VIEW 

 

 

Main: The chart above shows that the pair is trading below a strong resistance level that is 1.0168. Therefore, we are bearish as long as the pair is trading below it with targets: 0.8000 followed by 0.7800. On the other hand, if the level of 1.0168 is broken, the pair might reach 1.2000.

 

Important Support and Resistance levels

Resistance Levels Support Levels
1.1000 0.7500
1.0168 0.7000
0.9000 0.6500

Recommended:

We are bearish as long as the pair is below 1.0168.