BTC/USD technical analysis: Volume is looking thin as the market looks to break 8.5K The four hour chart below is showing the price in its consolidation zone between 8,826 and 7,701. Today price is right in the middle of the consolidation zone and it holding at the mean value area represented by the volume profile indicator on the right-hand side of the chart. There is also a support zone at 8,220 which is marked by the small blue rectangles on the chart and this level seems like a magnet for price. It is left to the US traders to pick up the momentum and push the price higher but if the price breaks the support xone the next level on the way down is 7,701 consolidation support. ETH/USD technical analysis: Ethereum has just bounced off a decent support level Ethereum is performing well today and trades 3.14% higher today bouncing off the 180.00 support zone. After the pair found support 150.00 back on 26th September 180.00 has been a pivot level ever since. On the chart below you can also see the channel formation that has been pretty well respected, but the most encouraging sign for the bulls has been the volume on the last four-hour candle. Ripple’s XRP technical analysis: XRP/USD bulls must breakdown big barrier at $0.3000 for greater heights Ripple’s XRP price is trading with gains of some 4.50% in the session on Monday. XRP/USD bulls have to find another push to breakdown the heavy supply at $0.3000. Price action can be seen moving within an ascending channel structure, which could be also viewed as a bearish flag. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Forex Today: speculative interest turned cautious FX Street 4 years BTC/USD technical analysis: Volume is looking thin as the market looks to break 8.5K The four hour chart below is showing the price in its consolidation zone between 8,826 and 7,701. Today price is right in the middle of the consolidation zone and it holding at the mean value area represented by the volume profile indicator on the right-hand side of the chart. There is also a support zone at 8,220 which is marked by the small blue rectangles on the chart and this level seems like a magnet for price. It is left to the US traders to pick… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
