The forecast for the week of cryptocurrency pairs BTC/USD, ETH/USD, XRP/USD (November 12–18)
BTC
This week the market is gaining volume, but a downward trend is setting in the short term. We expect a move toward $ 6201 (S1), in case of a breakdown through this level, we are going to test to the lows of October at $ 6100 (S2).
ETH
Confirmed upward trend, most likely the value of the price will reach $ 204. Expected highs of this week: $ 215 and $ 220.
XRP
On Tuesday November 13, the price is $ 0.52. We are going to see if the price goes to the level of $ 0.54, if it gets there, an uptrend will be confirmed. This week’s highest is expected at $ 0.55 (HIGH).
BTC
This week the market is gaining volume, but a downward trend is setting in the short term. We expect a move toward $ 6201 (S1), in case of a breakdown through this level, we are going to test to the lows of October at $ 6100 (S2).
ETH
Confirmed upward trend, most likely the value of the price will reach $ 204. Expected highs of this week: $ 215 and $ 220.
XRP
On Tuesday November 13, the price is $ 0.52. We are going to see if the price goes to the level of $ 0.54, if it gets there, an uptrend will be confirmed. This week’s highest is expected at $ 0.55 (HIGH).
Market has fallen a bit and crossed below 6k and at present it is at 5600$. This seems that some bulk order has being sold of and might be possible more panic selling can happen now and market might even crash a little further. On other hand buy some coins on every dip to get the best price of your coin.
the one possible reason that ignites such panic sell is on the BCH event would happen tomorrow.Huge sell off but this is only a presumption because usually a coin
is going to hard fork specially big or known ones will really give significant effect on the entire market.