Mo.bi - Crypto Currency Tracker logo Mo.bi - Crypto Currency Tracker logo
Cryptopolitan 2021-09-04 17:01:02

eCash Price Analysis: XEC below resistance at $0.000353, set to breach?

TL;DR Breakdown The XEC/USDT price is trading below the resistance at $0.000353311.The nearest support can be seen at $0.00021700.Bitcoin is currently at $50.2K, with resistance at $50.5K. eCash has performed quite brilliantly in the recent week with a price rally from $0.00007 to $0.0003. eCash price analysis for today shows a sideways movement below a key resistance present at $0.000343 price level. The trading volume for the cryptocurrency has surged by over 127.25 percent amount to $1,315,257,577.99. The XEC/USDT pair broke the resistance at $0.000277 yesterday and, with this, reached an all-time high of $0.0003846. Today, Bitcoin has been moving sideways, trying to maintain a bullish stance above the resistance at $50.5K. For Bitcoin, the nearest support currently resides at $49.2K. Yesterday, Bitcoin broke the resistance at $49.8K, reaching a price of $51K. Although, the king of cryptocurrencies wasn’t able to maintain that stance, and as a result, it came crashing down to the $50K level. eCash price analysis: technical indicators show bullish signals on the 4-hour chart A reading of technical indicators is an absolute necessity to determine the price movement for a given cryptocurrency for a particular. It is important to discuss the readings on these indicators to determine if the price actions will be bullish or bearish. As visible in the charts below, the XEC/USDT pair is trading below the resistance levels ri...

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.