Bitcoin is currently trading at $9,945.46 and the bulls are trying to propel the price above critical support of $9,400. If Bitcoin doesn’t cross $11,000, then it will start along the downtrend line and $9,900 would be a critical resistance.
ETH/USDEthereum (ETH) has started a recovery from a week long slump and bulls will now try to push the price above $222. If successful, it may hit $230 and then $250. There is minor resistance at $235, above which Ethereum is likely to gain strength.
XRP/USDXRP has moved above the 20 day average and is now trading at $0.314, which is the first resistance. If this is crossed, the pullback can reach $0.35 above which we anticipate the cryptocurrency to show strength. The first target for booking profits is $0.45.
Litecoin’s price action has been on the uptrend line and there is a resistance at $105.676, once beyond it, LTC will hit $140.34. Contrary to our assumption, if the LTC/USD pair fails to break out and sustain above the average, it may fall below $83.65.
BNB/USDBNB is currently trading at $27.95 and its price action is attempting a recovery. If bulls can sustain the price above $30, bears may capitalize on the breakdown of the uptrend line and this will increase demand. If the price falls below $24, it indicates massive sell-off.
In case of a sell off and the price may fall below $18.
EOS is currently trading at $4.28 and two times in 2019, EOS has traded above $4.77. If EOS/USD breaks down below $3.3, it may drop below $2.2 and crossing $4.77 may start a new uptrend and the price would cross $5.7.
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