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Cryptocurrency Market Overview - 10 Feb 2022

Source: Wisebitcoin 2022-02-10

 

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  BTCUSD

TECHNICAL VIEW 

 

 

Update: More bullishness is expected.
Main: As could be seen on the chart above that the pair is trading above 39000. Therefore, we are bullish as long as the pair is trading above it with targets: 45000 – 48000. On the other hand, if the level of 39000 is broken, the pair might reach 35000. 

 

Important Support and Resistance levels

Resistance Levels Support Levels
50000.00 39000.00
48000.00 35000.00
45000.00 33000.00

Recommended:

We are bullish as long as the pair is above 39000.

 

 

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  ETHUSDT

TECHNICAL VIEW 

 

 

Update: On its way to its first target.
Main: The chart above shows that the pair is trading above 2900. Therefore, we are bullish as long as the pair is trading above it with targets: 3400 – 3600. On the other hand, if the level of 2900 is broken, the pair might reach 2600 followed by 2300. 

 

Important Support and Resistance levels

Resistance Levels Support Levels
3700.00 2900.00
3600.00 2600.00
3400.00 2300.00

Recommended:

We are bullish as long as the pair is trading above 2900.

 

 

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  XRPUSDT    

TECHNICAL VIEW 

 

 

Update: The pair might hit its 2nd target very soon.
Main: The chart above shows that the pair is about to reach a strong resistance level that is 0.9000. Therefore, we are bullish as long as the pair is above 0.6000. Targets: 0.9000 – 1.0000. Keep in mind that the level of 0.5150 makes a strong support level that might be a reason that the pair could reach 1.0000.

 

Important Support and Resistance levels

Resistance Levels Support Levels
1.1000 0.6000
1.0000 0.5150
0.9000 0.5000

Recommended:

We are bullish as long as the pair is above 0.5150.