On the other hand, if the bulls fail to scale the overhead resistance of $0.47919, the XRP/USD pair can dip to the 20-day EMA. A breakdown of this support can plummet the price to $0.33108.
We will soon trail the stops to $0.35.BCH/USDThe rebound from the 20-day EMA has carried Bitcoin Cash to the overhead resistance of $452 where it is facing some selling.
A breakout of $452 can push the price to the resistance line of the ascending channel.
LTC/USDLitecoin has continued to move up after breaking out of the overhead resistance on May 24.
The bulls have extended the rally and have cleared the resistance line of the channel, which increases the probability of a move to $9 and above it to $9.60.
BNB/USDThough Binance Coin broke out of the resistance line and made a new lifetime high on May 26, it could not sustain the higher levels and closed below the resistance line.
Currently, the bulls are again trying to push the price above the resistance line, after which it can move up to $40 and above it to $46.1645899.
Conversely, if the bulls fail to scale the resistance line, the BNB/USD pair might correct to the 20-day EMA once again, which is likely to act as a strong support.
The bulls will now try to push the price through the overhead resistance of $0.14861760.
Our bullish view will be invalidated if the ADA/USD pair turns down from the overhead resistance and slides below the moving averages.
Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 27
gepubliceerd op May 27, 2019
by Cointele | gepubliceerd op Coinage
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