Bitcoin, Ripple, Ethereum, Bitcoin Cash, EOS, Stellar, Litecoin, Tron, Bitcoin SV, Cardano: Price Analysis, Jan. 23

The failure of the bulls to break above the downtrend line and the moving averages means that buying dries up at higher levels.

Now, if the ETH/USD pair breaks out of the moving averages and scales above $134.5, it will indicate strength.

The remaining positions can be added once the price is above $134.5.On the other hand, if the cryptocurrency fails to rise above the moving averages, the bears will again attempt to break the support at $116.3 on a closing basis.

BCH/USDThe bulls haven't been able to push Bitcoin Cash above $141 since breaking down of it on Jan. 10.

We expect the bulls to attempt to break above $141. If they are successful, the BCH/USD pair can rise to $177.3, and above it to $239. We might suggest a long position above $141. Until then, we remain neutral on the coin.

If the bears defend $141, the cryptocurrency will remain stuck in the tight range of $120-$141.EOS/USDEOS bounced off the support at $2.3093 on Jan. 22, but the bulls haven't been able to push the price above $2.5840.If the price breaks out of $2.5840, the EOS/USD pair can rally to the next overhead resistance at $3.2081.

We might suggest a long position if the price sustains above $2.5840.However, if the bulls fail to scale $2.5840, the cryptocurrency might extend its stay in the tight range of $2.3093-$2.5840.

We suggest long positions on a close above $0.02815521, with a stop loss at $0.023.Conversely, if the bulls fail to scale above $0.02815521, the cryptocurrency will continue to trade inside the range.

BSV/USDThough Bitcoin SV slipped below $74.022 during intraday trading on Jan. 19 and Jan. 22, the close was above that level.

The BSV/USD pair will show signs of strength if the price sustains above the 50-day SMA. We shall wait for the range to expand to the upside before recommending any trades.