BITCOIN
In the world of investing, fundamentals and a price of an asset class rarely move in tandem. Usually, one leads the other.
In 2017, the prices of cryptocurrencies skyrocketed, but the fundamentals were left lagging behind. That resulted in a sharp correction. While most digital currencies are down more than 50 percent from their highs, the fundamentals have improved rapidly this year.
Here is a major support in 6070usd . If he drow more down next support is 5450usd.
But if the bulls defend the support zone between $6,000-$6,075, it will indicate that the virtual currency still remains in a large range. We might propose a long position if the price sustains above the 20-day EMA for a couple of days.
ETHERIUM
ETHERIUM did not reach the buy levels suggested by us in the previous analysis. It turned down from the overhead resistance at the 20-day EMA.
Today Eth enter decending line .uf he break 450usd level.The next support is 358usd.
RIPPLE(XRP)
Repeated failure of the bulls to scale above the $0.56270 levels has invited a fresh bout of selling by the bears. Ripple is now likely to fall to the final support at $0.45351
Xrp also a very good dump he reach january around 3usd and now .49usd high and .43usd low.
His support level is .56 to .83usd.
BITCOIN CASH
After failing to break out of the downtrend line for three days in a row, Bitcoin Cash has turned down sharply.
BCH is also in down trend now he is 770usd H880usd L756usd. He is also a major support is high 1600usd and low is 700usd.
EOS
EOS is looking weak. It has failed to attract buying support above the $10.3384 levels, and both moving averages have turned down.
Eos is also very big dip he target around 20usd. Now he is 8.86usd H10.23usd L8.23usd
He is a major support of 18usd. And next support is 10.5usd around.