Cryptocurrency Market Overview - 23 Sept 2022
Source: Wisebitcoin 2022-09-23
BTCUSD
TECHNICAL VIEW
The pair has recently reached a strong support level that is 18100. If the pair manages to break through that level, then it will continue going downwards that it might reach 17000 – 16500. Other than this, the pair would be ranging.
Important Support and Resistance levels
| Resistance Levels | Support Levels |
|---|---|
| 24900.00 | 18000.00 |
| 22000.00 | 17500.00 |
| 21000.00 | 17000.00 |
Recommended:
Bearish below 21000.
ETHUSDT
TECHNICAL VIEW
The pair perfectly hit our weekly targets (of last week). Therefore, we expect more bearishness below 1500 with targets: 1200 – 1100.
Important Support and Resistance levels
| Resistance Levels | Support Levels |
|---|---|
| 1700.00 | 1200.00 |
| 1600.00 | 1100.00 |
| 1500.00 | 1000.00 |
Recommended:
Bearish below 1500.
XRPUSDT
TECHNICAL VIEW
As could be seen on the chart above that the pair is trading above a strong support level that is 0.4200. Therefore, we are bullish as long as the pair is trading above it with targets: 0.5000 – 0.5500.
Important Support and Resistance levels
| Resistance Levels | Support Levels |
|---|---|
| 0.6000 | 0.4400 |
| 0.5500 | 0.4200 |
| 0.5000 | 0.3900 |
Recommended:
Bullishness above 0.4200.