Bitcoin, Ripple, Ethereum, Bitcoin Cash, EOS, Stellar, Litecoin, TRON, Bitcoin SV, Cardano: Price Analysis, Jan. 21

gepubliceerd op by Cointele | gepubliceerd op

09 if the price rebounds sharply from the support, because that would indicate a strong demand at lower levels.

The bulls pulled back from the lows and closed above the support line.

Any break of the immediate support of the range, and the $2.1733 mark, can result in a fall to $1.7746, and further to $1.55.Our bearish view will be invalidated if the cryptocurrency bounces off the support of the range and sustains above $2.5840.

We might suggest long positions above $2.6.XLM/USDThe bulls attempted to carry Stellar higher on Jan. 19, but could not scale the 20-day EMA. Currently, the bears are attempting to break down of the immediate support at $0.10235190.

LTC/USDThe bears are not allowing Litecoin to sustain above the 20-day EMA, while the bulls are not allowing the price to plummet below $29.349.If the LTC/USD pair plunges below $29.349, it could slide further to $27.701, below which a fall to the yearly lows of $23.090 will be likely.

We shall turn negative on the cryptocurrency if the price slumps and sustains below $0.0183.BSV/USDBitcoin SV is gradually giving up ground, which shows a lack of buying support at the current levels.

If the price sustains below $74.022, a drop to the next support at $65.031 will be probable.

The supports on the downside are at $57, and below that at $38.528.Our bearish view will be negated if the digital currency scales above both moving averages.

Usually, the price oscillates between the support and the resistance line of the channel.

Having broken below the 20-day EMA, the ADA/USD pair might find support at the 50-day SMA. If this support breaks, the buyers might step in at the support line of the channel.

x