The stop loss for this trade can be kept at $278. However, if the bulls fail to scale the overhead resistance, the bears will try to sink the price below the 20-day EMA. The next support on the downside is at the 50-day SMA and below it $224.086.XRP/USDRipple plummeted on June 27 and triggered our stop loss suggested in the previous analysis.
Currently, the 20-day EMA has started to turn down and the RSI has dipped below 50.
Currently, the bulls are attempting to push it back above the 20-day EMA. If the price rises above the 20-day EMA, it can move up to $515.35.
LTC/USDLitecoin dropped below the 20-day EMA on June 26 and triggered our recommended stop loss mentioned in the previous analysis.
The 20-day EMA is turning down and the RSI has dipped below the midpoint.
EOS/USDEOS dropped below the moving averages on June 26 and broke below the support line of the ascending channel the next day.
Conversely, if the BNB/USD pair plummets below the 20-day EMA, it can correct to the 50-day SMA. A breakdown below the 50-day SMA will be the first indication that the trend might change.
BSV/USDBitcoin SV reversed direction from just above $240 on June 26 and broke below the 20-day EMA. Currently, the bulls are attempting to bounce off the support at $180.The 20-day EMA has flattened out and the RSI has dipped back to just above the midpoint.
If the price fails to climb back up, the pair might correct to the next support of $0.077 and below it to $0.073.TRX/USDTron turned down sharply from $0.040 on June 26.
The pullback plunged below the 20-day EMA on June 27.
Price Analysis 28/06: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, ADA, TRX
gepubliceerd op Jun 28, 2019
by Cointele | gepubliceerd op Coinage
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