BTC, ETH, XRP, LTC, BCH, EOS, BNB, BSV, XLM, ADA: Price Analysis 17/06

The rally has surprised to the upside and if the momentum remains intact, the bulls might push the price above $10,000 and towards $12,000.

On a breakout and close above $280, the ETH/USD pair can rally to $322.06 and above it to $335. We expect some profit booking around these levels.

After failing to break down of the triangle, the price has risen close to the resistance line of the triangle.

Though the bulls have managed to sustain the breakout above the ascending channel, they are struggling to push the price above the overhead resistance of $140.3450.

On June 15, the price closed above the overhead resistance of $6.8299 and triggered our buy suggested in an earlier analysis.

Traders can maintain the stop loss on the long position at $28.BSV/USDThe bulls are attempting to resume the uptrend in Bitcoin SV. If the price breaks out of the overhead resistance at $237.390, a retest of the recent highs at $254 is probable.

XLM/USDStellar has held above the overhead resistance of $0.11507853.

If the bulls push the price above the downtrend line of the triangle, the XLM/USD pair can rally to the overhead resistance of $0.14861760.

The stop loss for the trade can be kept at $0.1120.Our bullish view will be negated if the price turns down from the overhead resistance and slips below the support at $0.11507853.

If the bulls push the price above $0.10, the rounding bottom pattern will complete that can carry the ADA/USD pair towards its target objective of $0.22466773.