Cryptocurrency Market Overview - 9 Sept 2022
Source: Wisebitcoin 2022-09-09
BTCUSD
TECHNICAL VIEW
Update: No changes! The chart above shows that the pair is trading below a strong resistance level that is 21000. Therefore, we are bearish as long as the pair is trading below it with targets: 18000 followed by 17500.
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
Update: We remain bearish! The chart above shows that the pair is trading below 1800. Therefore, we are bearish as long as the pair is trading below it with targets: 1400 – 1300.
Important Support and Resistance levels
| Resistance Levels | Support Levels |
|---|---|
| 2000.00 | 1400.00 |
| 1900.00 | 1300.00 |
| 1800.00 | 1200.00 |
Recommended:
Bearish below 1800.
XRPUSDT
TECHNICAL VIEW
Update: On its way to its first target! The chart above shows that the pair has been trading below a strong resistance level that is 0.3600. Therefore, we are bearish as long as the pair is trading below it with targets: 0.2980. A daily close above 0.3600 would open the door for the pair to reach 0.4000.
Important Support and Resistance levels
| Resistance Levels | Support Levels |
|---|---|
| 0.4100 | 0.2985 |
| 0.4000 | 0.2850 |
| 0.3600 | 0.2400 |
Recommended:
Bearishness below 0.3600.