BTC/USD Current situation: Bitcoin's price bounced up yesterday from $6200 and is currently trading near the $6300 mark. Resistance levels are at $6350, $6400 marks. If the price of Bitcoin can consolidate above the level of $6450, then we do not exclude the growth of quotes to the level of $6700.
The main scenario remains the same. Reduction of the price of BTC/USD from $6350 and objectives: $6100, $5700.
Cancellation of the scenario may be caused by Bitcoin price increase above $6800.
Forecast: Continued decline in the price of ETH/USD from $200 and target in the area of $180- $150.
XRP/USD Current situation: The situation remains the same. If the sellers manage to break through the $0.44- $0.40 zone, then we will expect XRP/USD quotation near $0.30. Also, we do not exclude the renewal of minimum prices in the $0.20- $0.15 zone.
Cancellation of the scenario - Ripple price growth above $0.50.
Forecast: Continued reduction of the Ripple price to $0.30.
BCH/USD Current situation: Bitcoin Cash price is trading above $400. Correctional growth in BCH/USD quotes is possible up to $430- $435. We expect an update of the historical lows of the BCH/USD price in the $400- $350 zone. We also do not exclude a fall in prices to the level of $300, where the line of support for the downward channel is located.
Forecast: Continuation of the reduction of the price of BCH/USD to $350.
LTC/USD Overview: The trend is bearish.
Current situation: The price of Litecoin tested the level of $50 from the bottom up and is currently trading below this level. We expect the fall of the price of Litecoin to $46, possibly lower.
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