ETH:
ETH is basically at the level which I suggested before, and now it’s above $392! Short-term bulls remain strong and ETH is heading for $400, a new all-time high is just around the corner.
Dash:
Dash price was expected to get close to $600 last night, and now it’s almost there. An adjustment in price is possible because of the resistance above in the short term. But, price still holds the possibility to move upwards if volumes stay low. For short-term trading, we can sell part of our positions if price surges. Now that price sets a new high, we may conclude the overall trend in the medium term
LTC:
LTC price action remains complicated, but we’re getting close to the end of the tangle. At present, price is above $70, and it will attempt to move higher if there aren’t major bearish factors ahead. Once price breaks above $73, it won’t take long for it to test $80.
ETC & XRP:
ETC will be pulled back to support level at $16.7 if price fails to remain above 18. You may refer to yesterday’s analysis for details. Those opening positions at $0.23, can still add to their positions even if XRP price falls back to $0.22.
QTUM:
If QTUM fails to hold above $13.5 after losing the ground at $14, the uptrend will come to an end. $12.5 remains the key support in the short term.
OMG:
OMG price moves up and down on the daily chart. It seems main funds have no intention to push the price up. Every time OMG moves above $8, a pullback will be initiated. If OMG manages to remain above $8, price will skyrocket.
NEO:
NEO is expected to get into a consolidating pattern after a rally with no major change in volumes. But the inflection point of medium-term trend is not far away. Support near $32 is enough to be digested. You can add to your positions if price moves back to $30, and wait for a surge.
IOTA & EOS:
Support for IOTA price is at $0.85, price will remain choppy if it holds itself above support at $0.85, we can wait for a rally.
New trend will be initiated if price breaks above $2 on the daily chart, EOS will continue the consolidating pattern or move back to the support at $1.8 if price breaks below $2.
Original by Bi Laoye, translated and posted by AICoin Jami.
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