What happened with bitcoin, ethereum and dash rates over the past 24 hours.
Bitcoin (Bitcoin) returned to the $6,452 level, but its decline still appears to be a bit incomplete. A test of consolidation area ($6,315 - 6,417), which was fixed on Saturday, Sunday and Monday, is most likely.
Bullish scenario assumes a return to the $6,577 level, an attack on $6,605 and a further movement to $6,727.
We can probably see fluctuations in the $6,435 - 6,537 range with a possible test in the $6,350 direction.
Bearish scenario provides a decline to $6,340, a consolidation, and a test of the minimum mark ($6,227).
Ethereum (ETH/USD) remains in the high-volume area. Today ethereum can test both its boundaries (depending on the scenario).
Main task for ethereum is to test the upper boundary ($483) in this scenario. It is very likely to happen if the cryptocurrency manages to conquer the $470 mark.
Unsuccessful attempt to go downwards may cause a consolidation at the control price ($460).
Bears are hoping to test the lower boundary ($440) and are expecting fluctuations in the $445 - 452 area.
Morning breakthrough to the $230 level showed that buyers are active. Keeping this in mind, bullish or neutral scenarios for dash (DASH/USD) seem preferable.
In the previous days dash has passed the $242 - 250 range very quickly. Apparently, buyers and sellers can’t reach a consensus. Today we see similar dynamics. The bullish scenario provides small consolidation at the current level, an active growth to $253 with a subsequent attack on $260.
It’s possible to see fluctuations in the $232 - 242 area.
Bears are eager to meet a breakthrough of the $230 support and a drop to $221 - 223.
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By Yana Sher