Technical Overview of BTC/USD, LTC/USD and ETH/USD by XtreamForex

BTCUSD

BTC USD

BTC traded a bit lower against USD and closed at 3789.06.

According to the Analysis, The BTC/USD pair is expected to find support at 3754.63, and a fall through could take it to the next support level of 3720.19. The pair is expected to find its first resistance at 3827.61, and a rise through could take it to the next resistance level of 3866.15.

Previous Day range was 72.98 and Current Day Range is 31.95.

The mixed red and green signals on the Cryptocurrency market on Wednesday revitalize the anticipation that digital assets like Bitcoin will reverse the trend following the declines on Sunday last week. Bitcoin is dancing slightly in the green at press time and is up a subtle 0.05 after reclaiming support above $3,800. Prior to the waterfall drop, BTC/USD had recovered significantly above $4,000 and even recorded highs of $4, 187.24.

LTC USD

LTCUSD

LTC/USD price fell slightly from $45.80 to $45 this Tuesday.

Technical analysis shows several bullish indicators which may hint at an upcoming breakout.

According to the Analysis, The LTC/USD pair is expected to find support at 44.87, and a fall through could take it to the next support level of 44.13. The pair is expected to find its first resistance at 46.65, and a rise through could take it to the next resistance level of 47.69.

Previous Day range was 17800 and Current Day Range is 6700.

ETH USD

ETHUSD

Ethereum price on Tuesday trading within negative territory; down 2% late in the day.

The community are careful heading into the Constantinople upgrade this week.

According to the Analysis, The ETH/USD pair is expected to find support at 135.58, and a fall through could take it to the next support level of 132.64. The pair is expected to find its first resistance at 141.96, and a rise through could take it to the next resistance level of 145.40.

Ethereum price on Tuesday is seen nursing losses of around 2% in the second part of the day. ETH/USD is moving within consolidation mode, after taking a huge beating on Sunday, something that was observed across the market.