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The Martkdaten were from HitBTC exchange market

Adena Friedman, President and CEO of Nasdaq, Inc., believes that crypto-currencies will play an important role in future, they should integrate into the economic and practical Benefits to offer. Clarity on rules and regulation could give the nascent asset class, the necessary thrust.

A country, the currencies with the introduction of Crypto in retail are at the Front line, Japan. Currently concern the majority of transactions in Japan, paper bills and metal coins, but the country is trying to transition to a cashless society.

The leading banks in Japan are working on the development of block chain-based payment networks, which can be taken in a timely manner will be the summer Olympic games in Tokyo in 2020 in operation. If this is successful, it could lead to the third largest economy in the world, a change that the other economies around the world will force you to take this into account.

Also a number of smaller countries are trying to take the lead. Georgia has migrated to the largest part of the land register office in the Blockchain, and the tax system may soon follow.

The country is subsidised to take on a variety of ways, local Crypto, such as reduced electricity rates, tax free zones and tax-exempt Land. Georgia hopes to beat other crypto-friendly Nations such as Malta and Bermuda, and to assume an international leadership role in the crypto area.

While the fundamental factors of day-improve-to-day, does not follow the price yet to this Trend. A Bloomberg Analyst expects Bitcoin (BTC) is to recover on the basis of a study of technical indicators in the short term. How does our study? Let’s find out.

BTC/USD

The volatility in Bitcoin (BTC) has fallen in the last few days. This Phase of low volatility will eventually lead to a widening of the trading range. The longer the time spent in a narrow range, the stronger the eruption, or a renewed slide will be.

It is difficult, the direction of fracture to predict. In the preceding period of low volatility from mid-September to mid-November 2018 failed at 15. October an attempt to escape. Thereafter, the BTC/USD plunged on the 14. November down, which led to a rapid decline of 6.480,54 $ 3.620,26 $ within a short period of time.

The key resistance to watch above, is the downward trend, and in addition, the brand from 4,255 $. A breakout above these values indicates reversal of a probable trend.

on the Other hand, a fraction of the total of 3,236,09 $-brand would resume the downward trend. The next support on the other hand, the psychological important mark of US $ 3000. We are waiting for a rise to the top, before we recommend a new Long Position.

XRP/USD

Ripple (XRP) is on 22. February the brand $0,30550 bounced off. This shows that there is a lower level of demand. The failure of the bulls, on the down line and the moving, averages, means, however, that the purchases are drying out at higher levels. The downward slide towards the averages, and the RSI is below the value of 50 indicate that the supply exceeds the demand.

The balance could shift in favour of the bulls, if the XRP/USD Pair above the moving averages should hold. This would increase the possibility of a rally to 0.4$. On this basis, we suggest Long positions on a closing price of about 0,336 $ with a Stop Loss of 0,305$.

If the price falls, however, rotates in a downward trend-down under 0,305$, is a decline on 0,27795 $ probably.

ETH/USD

Ethereum (ETH) fell on 22. In January, under the support of 116.3 $, but the bears were not able to benefit from it. They could not drive the price to the next lower support of $ 100. This shows that there are lower rates buyers.

the ETH/USD Should Pair the moving averages break out and about 134,5 $ rise, stands for strength. If the price does not fall within the next few days again 116,3$, may we recommend Long positions with an allocation of about 30 per cent of the usual size. The remaining items can be added, as soon as the price is above 134,5$.

If the crypto-currency is not on the other hand, the moving averages climbs, try the bear again to break the support at 116.3 $ to Closing prices (in UTC time frame).

BCH/USD

The cops were not able to, Bitcoin to Cash (BCH) over $141 after 10. February a break-in have suffered. On the other hand, the mark of $121 and has acted as a strong support. Although the bears were down during Intraday trading the price is below this level, they were not in the last days will be able to force a closing price below this value (UTC time frame).

We expect the bulls to try a breakout above $141. If you are successful, could rise to the BCH/USD Pair to $177,3 and, in addition to $239. We could suggest a Long Position on value of 141 $, until then we will remain in relation to the Coin neutral.

Should the bear $141 defend, will remain the crypto-currency in the narrow range of $120 – $141 plug.

EOS/USD

EOS is the support at $2,3093 on 22. January bounce, but the bulls were unable to push the price over $2,5840.

If the price breaks out the mark of 2,5840 $, could the EOS/USD Pair to the next overhead resistance at $3,2081 rise. We could suggest a Long Position if the price rises above 2,5840$.

it does not Create the bulls, however, to exceed the mark of $2,5840, could be the crypto currency of your Seitwärtshandel in the narrow range of $2,3093-$2,5840 continue. A break of the $2.1733 would open the door for a decline to $1.7746 and including $1.55. We could not find a tradable Setup at the current level.

XLM/USD

Stellar (XLM) is like step by step, up to the year’s low of 0,09285498 $. Both moving averages are inclined to the bottom, and the RSI is negative, showing that the bears are in command.

Should reduce the bears to the price to new lows for the Year, will continue the downward trend. If the bulls defend support at $0,09285498, could jump the XLM/USD Pair to the down line. Exceeding this overhead resistance which can lead to a consolidation in the range of $0,09285498 and $0,13427050.

Because of the short-term Trend is down, we will wait for a trend reversal, before we recommend a Trade.

LTC/USD

Litecoin (LTC) moves since the 12. January between 29.349 $ and 33 $. Both moving averages are flat and the RSI is near 50. This indicates a balance between buyers and sellers.

The next direction of movement will begin with a breakout from this tight range up or down. A slip could lead to a decline in 27.701 $ and below to on 23.090$.

on the Other hand, could carry a Breakout, the LTC/USD Pair to 36,428 $ and up to 40,784 $. Therefore, we recommend traders to protect their Long positions with a Stop Loss of 27.5$.

TRX/USD

suggest Although Tron (TRX) has consolidated within a range of $0,0183-$0,02815521, the upward floating-point averages to a probable breakout from this area.

the TRX/USD Pair Manages to breakout and closes above 0,02815521 $ (UTC time frame), it could recover up to 0,03801042$, and then to 0.04$. Therefore, we recommend Long positions to a Close (the UTC time frame) about $0,02815521, with a Stop-Loss at $0,023.

If the cops can’t raise the rate but about $0.02815521, will remain the cryptocurrency of the trading range. In such a Situation, we will have to wait until the price has corrected up to 0,0183 $, before we suggest a trade.

BSV/USD

Although Bitcoin SV (BSV) during Intraday trading on December 19. 22. January 74,022 $ fell, the closing price (in UTC time frame) above this level. We believe that, with the closing rate (the UTC time frame) can 72 $ the Pair on 65,031 $ and beyond to $ 57 in press.

The price is below the moving average and the 20-days EMA is pointing down. The RSI is also in the negative Zone. All of these indicators suggest that sellers have the upper hand.

The BSV/USD Pair is likely to show signs of strength that should keep the price above the 50-day SMA. We will wait for the range to the top has been extended, before we recommend any Trades.

ADA/USD

Cardano (ADA) is on 22. January by the 50-day SMA bounce, but the bulls are struggling to push the rate above the 20-day EMA.

Both of the slide are flat averages, and the RSI is in the middle. This suggests a short term consolidation. The ADA/USD Pair might remain in the next few days between 0,040055 $ and 0,048331 $. The Outlook is negative, if it drops below $0,036815.

We will wait until a reliable purchase-has formed the Setup, before we suggest a trade.

Market data is provided by the HitBTC exchange. Charts for analysis are provided by trading view.