Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, Stellar, Tron, Binance Coin, Cardano: Price Analysis, Feb. 25

The bears swung into action on Feb. 25 and pushed the price back down to the 20-day EMA. The downtrend line, which had previously acted as a stiff resistance, should act as a strong support now.

If the support fails to hold up, the next support on the downside is at $3236.

The ETH/USD pair is trying to bounce off the critical support at $134.5.

We do not want to close the position at current levels, because if the bulls succeed in defending the support, they will make another attempt to break out of $167.32.XRP/USDRipple closed above the overhead resistance of $0.33108 on Feb. 23, thus triggering our buy recommendation.

If the XRP/USD pair finds support at current levels, it will again try to break out of $0.33108.

Currently, the EOS/USD pair is trying to hold the support at the 20-day EMA, which is sloping up.

If the support gives way, the pair can dive to the 50-day SMA. If this support also breaks, the trend will turn in favor of the bears.

If the support at the moving averages holds, the pair can consolidate between $125 and $160 for a few days.

Our view will be invalidated if the BNB/USD pair plummets below the 20-day EMA. That can lead to a fall to the next support at the 50-day SMA. A breakdown of the 50-day SMA will tilt the advantage in favor of the bears.

Such an entry will help the traders buy closer to a strong support.