A major bearish trend continues with
the next major support level...
The next major support level on the XRP / USD pair is way lower at $ 0.22.
A dip below that is still possible, with
the next major support level being at $ 64, but we don't expect a durable new low.
If the 5 - year uptrend line is broken,
the next major support level would be found around $ 70, which is the last big base of price consolidation.
Beyond that,
the next major support level for $ SPY is near the $ 155 level, which is support of the prior highs from 2000 and 2007 (not shown on chart).
The next major support level is the 50 - day moving average ($ 112 area), while the second zone of support is the prior swing lows (just below $ 110):
Paul Ciana, a technical strategist at Bank of America Merrill Lynch, sees
the next major support level for 10 - year notes at around 2.95 percent, the 150 - month simple moving average, which they last touched in 2007.
Not exact matches
ETH followed BTC higher off the panic lows, and got back to the
next major $ 235 - $ 250
support / resistance
level.
As such, let's take a look an objective look at the
next major, long - term
support levels in both the NASDAQ 100 and S&P 500 indices (using ETF charts of $ QQQ and $ SPY).
IOTA held the $ 0.45 - $ 0.48
support zone once again during the weekend, and that
level could be the base for the
next major move higher.
Litecoin bounced off the zone above the $ 51
support / resistance
level today, but it remains below the $ 56 resistance that could be the
next major hurdle for the coin's price.
Support below $ 1.5 is at $ 1.2, while the
next major resistance zone is near the $ 2.2
level.
At the moment, traders should certainly keep an eye on the USD during the
next few days as DXY Index has bled through two
major support levels very quietly for these past days.
He could scale out at the
next major area of
support (hopefully this coincides or exceeds the
level arrived at with method # 1).
If the price declines further, the
next stop could be the
major support level at $ 8,800.
The
next major support on the downside is at USD 9,200, followed by the USD 9,000
level.
If it does then the
next possible stop for Monero is the $ 200
major support level.