The price has broken down of the 20-day EMA and has re-entered the triangle, which is a bearish sign.
If the bulls fail to push the price back above $167.32 within the next couple of days, the ETH/USD pair can drop to the 50-day SMA. A break of this support can sink the pair to $144.78.
BCH/USDBitcoin Cash has broken down of the 20-day EMA and is on its way to the next support at $255. The 20-day EMA is flat and the RSI is at the center, which points to a consolidation in the near term.
If the EOS/USD pair bounces off the 50-day SMA, the bulls will try to push the price back above the 20-day EMA and the downtrend line.
LTC/USDLitecoin failed to rise above the 20-day EMA after breaking down of it on April 21.
The price is presently at the 50-day SMA, which is a strong support.
BNB/USDBinance Coin has pulled back to the 20-day EMA after failing to make a new high on April 20.
If the price rebounds from the 20-day EMA, the bulls will again try to retest the lifetime highs.
The 50-day SMA is just below this level we anticipate a strong support at this level, but if the price fails to hold this support, it will complete a bearish rising wedge pattern that has a minimum target objective of $13.60.
Currently, the price has dipped to the 50-day SMA, which is a strong support.
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 24
gepubliceerd op Apr 24, 2019
by Cointele | gepubliceerd op Coinage
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