Bitcoin tempered its ardor. Altcoins update highs

After the launch of futures trading by the financial derivatives operator of CME Group, on December 18 the price of the world’s most popular crypto currency went to the flat movement, consolidating before the next update of the maximum mark. This caused an increase in demand for alternative crypto-currencies. Over the past 24 hours, Bitcoin’s price has dropped by about 0.90%, while Bitcoincash has grown by 6.80%, and Ether by 8.80%, having updated its maximum marks.

Technical analysis: Bitcoin’s price moves in flat in the short-term period with the main support levels at $ 18 300.00; $ 17,600.00. The main resistance levels are $ 19,200.00; $ 19 600,00. In case of resumption of growth and consolidation of the price above the $ 19 600.00 mark, one should expect further price growth of the crypto currency to the level of $ 20,300.00.

Fig. BTC/USD. The current price is $ 18,693.230.

Technical analysis: BitcoinCash updates its historical maximum reaching $ 2,370.00, thereby trying to gain a foothold above the resistance line of the ascending channel on H4. In case of correction before the next update of the maximum, one should consider the main support levels at $ 2,050.00; $ 1,950.00.

Fig. BCH/USD. The current price is $ 2,381.98.

Technical analysis: The Ether also updates the historical maximum, reaching $ 862.48. In case of correction, one should consider the main support levels at $ 800.00; $ 750.00.

Fig. ETH/USD. The current price is $ 861.70.

Alexander Sivtsov