Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, August 20

If the bears break below $277, a retest of the August 14 lows will be on the cards.

XRP/USD Ripple broke out of the 20-day EMA on August 17 but could not sustain the higher levels.

BCH/USD Bitcoin Cash pulled back into the range on August 17 but faced a strong resistance at the 20-day EMA. Currently, the price has again corrected close to the critical support of $537.8221.

The traders can raise the stops to break even if the EOS/USD pair struggles to break out of the 50-day SMA. On the downside, if the bears break below $4.8121, a decline to $4.4036 is possible.

XLM/USD Stellar is finding it difficult to break out of the $0.25 level.

A break out of the $0.25 level can carry the XLM/USD pair to the downtrend line where it might face resistance.

As expected, the bears are defending the 20-day EMA. If the bears break below the support at $49.466, the LTC/USD pair will resume its downtrend and reach $40. The cryptocurrency will show first signs of a change in trend when it breaks out and sustains above the downtrend line.

We shall turn positive on the ADA/USD pair only after it breaks out of the downtrend line and the 50-day SMA. On the downside, any break of the August 14 lows can result in a retest of the long-term support of $0.078.

If the bulls break out of the 20-day EMA, they can carry the IOTA/USD pair to the 50-day SMA, which is likely to offer a strong resistance.

On the downside, any break of the August 14 lows will increase the probability of a fall to $0.33.