Low minimum lows or rebounds of a dead cat?

• Cryptocurrencies enjoyed stability and progressed gradually over the weekend.
• However, they withdrew, leaving open questions on each chart.
• The SEC delay and NASDAQ plans echo in the markets.

After the SEC delayed the decision on a Bitcoin Exchange Traded Fund (ETF) before the weekend, digital coins collapsed. However, calm over the weekend has allowed some stabilization and we have witnessed a cautious recovery. The new week already brings new falls, but not the new lows.

Does this mean that recovery was just another "rebound of a dead cat"? The bullish view is that the fall is only a correction in an uptrend. The decline at higher lows confirms the correction. HODLER may have been disappointed by the SEC decision, but they can certainly be encouraged by the decision of NASDAQ to speed up preparations for the launch of Bitcoin futures, joining other exchanges.

Elsewhere, Binance, one of the largest crypto-exchanges, is ready to launch its Binance Blockchain shortly. Another exchange, ErisX, raised no less than $ 27.5 from institutional names such as NASDAQ, Fidelity and others. At the edge of the cryptic world,

Venezuelan President Nicolás Maduro has decided to increase the value of the country's crypt by 150%. Petro is now worth 9,000 bolivars against 3,600 in advance. Inflation is rampant in the South American nation.

BTC / USD technical analysis – limited by downward resistance

BTC / USD is trading below the downward resistance in the four-hour chart (thick black line on the chart). Both the Momentum and the Relative Strength Index (RSI) do not point to any new moves. However, Bitcoin is trading below the moving average at 50, a bearish sign.

Immediate support is expected at $ 3,466, which was the minimum on November 24th. The next row is the recent $ 3,208 low point that was seen a few days ago. Lower, $ 3000 is the obvious support line as a round number observed by many.

Looking up, the maximum recovery of $ 3,640 is the first level to keep an eye on. Higher up, $ 3,850 was a low point at the end of November and a resistance line at the beginning of December. The next line is $ 4,051, the initial low after losing $ 5,000.

Technical analysis XRP / USD – Double critical fund

Undulation is under pressure but exceeds the annual lows seen several months ago. The XRP / USD is limited by a downward resistance that accompanies the price since it returned to around $ 0.4060 at the end of November.

The momentum is balanced and the RSI does not indicate oversold conditions.

Support waits for $ 0.3060, which was a recent level of support. $ 0.2970 was a weekend pillow. It is followed by $ 0.2900, a round number and the low cycle. The following levels are from September: $ 0.2680 and $ 0.2510.

$ 0.3230 is a significant resistance line after it has limited recovery in recent days. $ 0.3420 provided support at the end of November and $ 0.3540 was a support line at the turn of the month.

ETH / USD technical analysis: better appearance

Ethereum is under pressure after falling to two digits. After the crisis, the ETH / USD also saw some stability and a rebound. The Vitalik Buterin currency, commonly used in ICOs, is traded below the 50 SMA, similar to its peers. Again, the RSI is stable and the momentum is slightly higher.

Support is waiting for $ 90.83 which has provided support recently and over the weekend. The $ 85 round level was a low swing on the weekend. Lower, $ 82 is the minimum in the recent fall. The round number of $ 80 is next.

Looking up, there is no obvious resistance line up to $ 100, which was also a recent high and low swing at the end of November. Further on, the next eye level is $ 105.90 which provided support at the beginning of December. At the beginning of the month, Ether has grossed $ 114 and is a high target.