New Shift Hits Bitcoin and Ethereum TA – BTC, ETH, XRP, LTC Price Analysis

The price of Bitcoin is up 1% and holding at about $3,858, according to the data from Coin360. Meanwhile, Ethereum is down 0.3% at $136.90, and XRP is up 5% at $0.32978, at time of publishing, holding onto gains following yesterday’s listing on Coinbase Pro.

New analysis from CoinDesk shows short duration technical indicators “are turning bearish and a break below $3,700 could yield deeper losses.” A number of technical analysts are also turning bearish on Ethereum in the short term, as the platform’s big Constantinople upgrade approaches.

Bitcoin

CoinDesk – Bulls need progress soon as BTC risks a further sell-off

FXStreet – A bit of slack season after a roller-coaster weekend

Cointelegraph  – Signs point to a consolidation in the near term

XRP

NewsBTC – XRP’s rally runs into resistance, but more gains likely

FXStreet – XRP/USD bulls cannot get passed $0.35.0.36 barrier

Blockonomi – Rally unwinds but not likely over

Ethereum

Blockonomi – Recovery won’t be easy above $152

Bitcoinist – ETH turns bearish as Constantinople upgrade looms

NewsBTC – ETH remains sell until it breaks 100 SMA

Litecoin

Cointelegraph – Probability of a range formation in the short-term increasing

Blokt – MACD losing strength, possibly setting itself up for a bearish cross

FXStreet – LTC/USD showing bearish tendencies despite upward movement

 

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