The price is below both the moving averages and the RSI is close to the oversold level, which suggests that the bears are in command.
ETH/USDEthereum broke down and closed below the strong support at $116.30 on Jan. 27.
BCH/USDBitcoin Cash broke below the tight range of $141- $121.3 on Jan. 27.
LTC/USDThe attempt by the bulls to push Litecoin above the top of the tight range at $33 failed on Jan. 26.Currently, the bears are attempting to sink the LTC/USD pair below the support zone at $29.349 and $27.701.
If the bears sink the price below $27.50, a retest of the low at $23.090 will be in the cards.
The trend turns negative if the bears force the price below $0.0183.XLM/USDStellar has broken down of the yearly low at $0.09285498.
Bitcoin SV has corrected to the critical support at $65.031.If the bears sink the BSV/USD pair below $65.031, it can slide to the next support at $57, below which a retest of $38.528 is probable.
Our bearish view will be invalidated if the bulls bounce off the current support and sustain the price above $80.352.
The bears latched on to the opportunity and pushed the price back to the support line of the ascending channel.
If the zone between the support line of the channel and $0.036815 holds, the bulls will try to scale above the uptrend line and the 20-day EMA.However, if the support zone crumbles, the ADA/USD pair can fall to the yearly low of $0.027237.
Bitcoin, Ripple, Ethereum, EOS, Bitcoin Cash, Litecoin, Tron, Stellar, Bitcoin SV, Cardano: Price Analysis, Jan. 28
pubblicato su Jan 28, 2019
by Cointele | pubblicato su Coinage
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