The forecast for the week of cryptocurrency pairs BTC/USD, ETH/USD, XRP/USD (November 12–18)

Velvet
Velvet Exchange
Published in
1 min readNov 14, 2018

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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).

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Velvet
Velvet Exchange

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