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BTC / USD
BTC / USD was trading at $ 3.909 and continues to be traded as part of a correctional plan. The last month of the current year has begun. The cryptic world expects events from it with respect to similar periods of the past. However, the situation is completely different this time. The past few years, Bitcoin ended with a wave of interest and a surge in volatility. The year 2019 will begin against the backdrop of the Great Depression and the reflections on the utopian idea of the massive use of crypto-assets. Exiting the boundaries of the global corridor will show exactly how events will unfold in the last few weeks of 2018. Unless, of course, the currency does not remain in its cozy apartment. His top level is $ 5,500. The lower limit is a local minimum at $ 3,600. Despite the fact that these borders are large enough, any event in the world of cryptocurrencies can bring down the price of these borders in just 1-3 days. A sure break of each of these limits is a serious offer for the future.
As part of the December 4 forecast, we can expect a continuation of the correction within the trading range of $ 4,500 – $ 3,600. The signal area has expanded a bit, but continues to remain quite narrow, $ 4,105 – $ 4,070. This is a dynamic area of the "balance" of the price of the asset for the following day. Starting from it higher or lower, the price will tend to return to this value. For now, it is lower and it is likely that the price will test it, then move to the lower range of the trading range $ 3,800 – $ 3,600. It is also worth noting that in the area of $ 4,037 – $ 4,025 a large accumulation of sales orders has appeared at the limit. This is slightly below the technical "balance" zone. The area is dynamic. Therefore, most likely, if there is a return to price, the area will be adapted to the area where the limit orders are now located. This coincidence can give a further acceleration to the price. It can go quickly to $ 3,000.
An alternative would be to continue developing a complete correction towards the top. For starters, the price will have to exceed $ 4,500 and reach the first goal of $ 4,740. Furthermore, we can expect growth in the resistance zone of $ 5,500- $ 5,000.
ETH / USD
ETH / USD is trading at $ 108.08 and continues to be traded as part of a correctional plan. This currency is among the top three major outsiders based on the November 2018 trading results. Undoubtedly, all cryptocurrencies have survived one of the worst months in history. To underline how much the market is bearish last month, it can be seen that there are only 9 digital currencies with a market capitalization of over $ 1B. At the end of October 2018, there were 14. But among the general downward dynamics, there are three outsiders, whose losses were higher than others. Ethereum takes the "honorable" third place with a negative 42.7% rate. Only cash Bitcoin (59.6%) and EOS (44.8%) grant the currency. At current levels, Ethereum has a market capitalization of approximately $ 12.1 billion. This makes the currency the third largest cryptocurrency in the world. However, it should not be forgotten that Ethereum lost 85.4% from the beginning of the year. The statistics are extremely depressing. Now Ethereum continues to record long-term price reductions, although there were no specific reasons for a sale. Most likely the strong dependence of the currency on the general negative sentiment on the market will continue to fall.
As part of the December 4 forecast, we can expect continued correction within the trading range of $ 130.00 – $ 100.00. The signal area has expanded a bit, but continues to remain quite narrow. $ 115.40 – $ 114.20. This is a dynamic area of the "balance" of the price of the asset for the following day. Starting from it higher or lower, the price will tend to return to this value. Currently, it is lower and it is likely that the price will put it to the test, and then move to the lower area of the shopping band $ 105.00 – $ 100.00.
An alternative would be to continue developing a complete correction towards the top. For starters, the price will have to exceed $ 130.00 and get a point of support above. So we can expect growth in the resistance zone of $ 150.00 – $ 155.00.
XRP / USD
The XRP / USD is trading at $ 0.35060 and continues to be traded as part of a correctional plan. After passing the first band of $ 0.38650 – $ 0.35500 down, the quotes made it clear that now there is no place for bulls on the market. This also applies to the previously formed short-term upward movement. The currency is completely unprepared for growth. It will take more time to change investors' risk attitudes. At the moment, the dynamics of money continue to be linked to general market trends. We look forward to the development of the "dominoes" effect and a major breakthrough, larger savings of $ 0.40770 – $ 0.34590 and $ 0.43000 – $ 0.32890. After that, the borders of the next apartment can be formed. At the moment, its time frame is $ 0.43000 – $ 0.33000.
As part of the December 4 forecast, we can expect the continuation of the correction within the trading range of $ 0.40500 – $ 0.33000. The signal area has slightly expanded, but continues to remain quite narrow. $ 0.36820 – $ 0.36460. This is a dynamic area of the "balance" of the price of the asset for the following day. Starting from it higher or lower, the price will tend to return to this value. Currently, it is lower and it is likely that the price will test it, then move to the bottom area of the trading range $ 0.34000 – $ 0.33000.
An alternative would be to continue developing a complete correction towards the top. For starters, the price will have to cross $ 0.40500 and go to the first goal of $ 0.43000. Furthermore, we can expect growth in the resistance zone of $ 0.5 million – $ 0.45000.
XMR / USD
XMR / USD is trading at $ 54.133 and continues to be traded as part of a corrective plan. At the end of November 2018, this currency left the list of cryptocurrencies with a market capitalization of over $ 1B. Monero did it with 4 other coins: TRON, IOTA, Dash and NEM. A boring but not critical fact. Yet, Monero is the currency n. 1 in his rather restricted class of complete anonymity. Therefore, it will not be surprising at all that it will survive perfectly all the excitements, depressions and general falls of the market.
As part of the December 4 forecast, we can expect the continuation of the correction in the range of $ 65,000 – $ 50,000. The signal area has expanded a bit, but continues to remain quite narrow. $ 58,900 – $ 58,150. This is a dynamic area of the "balance" of the price of the asset for the following day. Starting from it higher or lower, the price will tend to return to this value. Currently, it is lower and it is likely that the price will test it, then move to the lower end of the trading range $ 54,000 – $ 53,000. Because now the price is very close to the low of the whole fall, it is likely to be updated soon. The estimated fall target is $ 46,000 in support. Perhaps after this, a wider trading range of $ 72,000- $ 46,000 will be formed.
An alternative would be to continue developing a complete correction towards the top. For starters, the price will have to exceed $ 65,000 and reach the first goal of $ 72,000. So we can expect growth in the resistance zone of $ 86,000 – $ 78,000.
