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Crypto Roundup, 8 May 2019; XRP, ETH, Waves and Dash price analysis

crypto roundup eth ripple dash waves

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TL;DR

The value of Ripple is constant against USD and its support is $0.28 which is not changed since December. And the resistance is at the level of $0.32.


Ripple XRP price chart created with Trading View

However, against Bitcoin, the value of Ripple is constantly declining and is striving to maintain adequate support.

Recently the support is at 5000SAT. So far, the ripple has maintained its constant level in comparison to the USD which has made this currency attractive for the people to invest.


Ethereum ETH price chart created with Trading View

The price of Ethereum is constantly rising in comparison to USD. The trading view chart has shown support at $160.

The level of resistance was seen at $185 and it is expected that if this resistance is somehow crossed than the other level would be $210.

But, against Bitcoin, the value of Ethereum declines and the support level is 0.028BTC.


Waves price chart created with Trading View

WAVES has also maintained its stable position against USD i.e. between the ranges $2.5 to $3.0. The resistance is at $2.4.

In comparison to the Bitcoin, the level of waves is depreciating. Recently, the support is at $0.00035BTC and if this range is crossed the next level will be in the area $0.00025BTC.


Dash price chart created with Trading View

The price analysis of DASH against USD has shown positive momentum and surging trend for the cryptocurrency.

The support area is at $115 and in comparison to the Bitcoin, the chart has shown that the price has reverted back to the support level at $0.02BTC.

The similar support was seen in December also and the level of resistance was found to be 0.022BTC.

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Aroosa Nadeem

A media graduate and passionate media person Aroosa has a knack for digital media journalism and outreach. She has contributed content to different digital media publishers in a variety of areas including technology, health and finance.

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