Cointelegraph’s forecasts:
• BTC/USD
If the bulls are able to break out of $16,494.53 levels, we should see a retest of the highs. On the other hand, if the BTC/USD pair breaks down of the trendline, it can fall to $12,788.14 levels.
• ETH/USD
The digital currency is now likely to fall to the 20-day EMA, which should offer a strong support. However, if negative sentiment prevails and the cryptocurrency breaks below the 20-day EMA, its next support is at $600 levels.
• BCH/USD
If the bulls hold the $2,300 levels, the BCH/USD pair will remain range-bound for a few days between $2,300 and $3,200.