Brief forecast of the price behavior of leading cryptocurrency pairs as of January 8, 2018
XRP/USD
Ripple plans for the day: I believe that the price will again try to overcome the resistance at the 23.6% fibo level (2.800), but again it will fail. The correction may be lengthy. I predicted the depth of the correction to be up to $2 per coin, and the plan for tomorrow is so far only up to the level of 2,500 USD.

ETH/USD
Ethereum completed the “minimum program” and was able to reach the predicted level of 1100.00 USD. I believe that before moving to the next target level of 1500.00 USD, the price, perhaps for a short time, will consolidate near the 1120.00 USD mark, and then continue to rise. Since predicting the timing of updates to historical highs is quite difficult, I dare to assume that by the middle of the week the price of ether will update the maximum by one and a half thousand and Ethereum will be able to overtake Ripple in terms of capitalization.

BTC/USD
Currently At the moment the price is in a correction, the depth of which will be determined by the 23.6% fibonacci level. Tomorrow we expect a recovery to the level of yesterday's highs at 17,200.00 and testing the area of 17,600-18,000 US dollars.


You May Also Like
Analysis of cryptocurrency pairs BTC/USD, XRP/USD and ETH/USD as of December 28, 2018
The exit from the rectangle went in the direction of decline. Will the market be able to recover after overnight consolidation?
Analysis of Bitcoin Cash, EOS, Stellar Lumen and Litecoin as of November 26, 2018
The correction after Sunday's decline has ended and today altcoins will enter a short-term consolidation