Reliance on 15 min chart has been trading below 200 MA and for the previous day it closed exactly blow 200 ma indicating a good reversal signals. Reason why Reliance can give reversal from current price because it’s also respecting the 50% Fibonacci levels.
ETHEREUM as we shared, has given a good reversal from the support zone. Fibonacci 38.2% level and 200 MA has acted as a strong support. Stay updated about Crypto news and different stock analysis on my blog & website (Coinexpress.tech)
Xrp was in news for a couple of days and since the last news in favor with XRP, it resulted in a good buying volumes. Follow me and stay updated on different crypto news and stocks analysis. Check out my website Coinexpress.tech , where I post daily analysis.
Ripple has emerged to be a stable coin even after been in a news for a while. It’s trading at healthy level. While posting this Ripple was trading a downtrend and if it continues to do so we have our levels that could be triggered. Looking at the price action so far Ripple can give an uptrend in coming days.
Bitcoin is trading at an all time high levels. Looking at the Moving averages lines, 200 MA is acting as a crucial support level. Trading in the range market could possibly lead to wrong trade setup. Wait for the levels for long and short positions.
ETHEREUM recently saw a huge Volatility in the price. After making new high, ETH is testing Fibonacci 38.2% level and the same level is acting as a crucial support (200MA). If support is broken, ETH can form an HNS pattern resulting in short positions.