Investing — Page 422

Support: 56.32 (21-EMA); Resistance: 61.52 (55-EMA)

Support: 4.609 (20-DMA); Resistance: 5.391 (23.6% Fib)

Support: 263.47 (5-DMA); Resistance: 286.64 (21W EMA)

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

Support: 0.018670 (110-EMA); Resistance: 0.023497 (200-DMA)

Support: 56 (21-EMA); Resistance: 62.03 (cloud base)

Support: 183.61 (55-EMA); Resistance: 191.04 (100-DMA)

Support: 9156 (23.6% Fib); Resistance: 9940 (Channel Top)

Bitcoin’s third halving is slated to occur on May 2020 and the community is gearing up for another massive price swings due to previous events experiencing the same thing.

The bulls are optimistic that Bitcoin will see its value surge high above resistance levels after the Golden Cross has yet again reared its head.

Morgan Creek Digital is currently trying to raise funding for its $250M target and the firm just reached $60 million on its second tranche alone.

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

Support: 0.8200 (Trendline); Resistance: 0.9015 (21-EMA)

Support: 55.29 (20-DMA); Resistance: 63.90 (55-EMA)

Support: 229.63 (21-EMA); Resistance: 237.99 (4H 200 SMA)

Bitcoin has been experiencing a downward trend after dropping from $10,000 and falling to $8,000, with bears predicting the number could dive further due to lack of market demand.

Support: 158.50 (trendline); Resistance: 178.62 (21-EMA)

Support: 8115 (5-DMA); Resistance: 8313 (21-EMA)

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

Support: 55.29 (20-DMA); Resistance: 63.90 (55-EMA)

Support: 55.29 (20-DMA); Resistance: 63.90 (55-EMA)

Support: 219.37 (5-DMA); Resistance: 228.74 (21-EMA)

Support: 157.60 (trendline); Resistance: 179 (converged 21-EMA and 20-DMA)

Support: 8094 (5-DMA); Resistance: 8326 (21-EMA)

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

Support: 209 (Trendline); Resistance: 230.98 (21-EMA)

Support: 0.2752 (nearly converged 21 and 55 EMA); Resistance: 0.3006 (21W EMA)

Support: 167.50 (Oct 6 low); Resistance: 179 (converged 5 and 20 DMAs)

Support: 52 (trendline); Resistance: 57.19 (21-EMA)

Support: 7765 (55W EMA); Resistance: 8394 (21-EMA)

Major Cryptocurrency Daily Trend/ Technical Outlook

Major Cryptocurrency Intraday Support Resistance Levels

Support: 0.014490 (88.6% Fib); Resistance: 0.016547 (55-EMA)

Support: 208.85 (Trendline); Resistance: 232.47 (21-EMA)

Support: 48.67 (78.6% Fib); Resistance: 57.22 (21-EMA)

Support: 167.50 (Oct 6 low); Resistance: 179 (converged 5 and 20 DMAs)