Price Analysis 28/10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, TRX, XLM

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If the price stays above the 20-day EMA, we anticipate another attempt by the bulls to scale $196.583.

Traders can retain the stop loss on their long positions at $150. Our bullish view will be invalidated if the bears sink the price back below the moving averages and the downtrend line.

XRP/USD. Though the bulls have managed to keep XRP above $0.29227 for the past three days, they have not been able to propel it towards the next overhead resistance at $0.34229.

If the price does not slip below $0.29227, we expect another attempt by the bulls to carry the price to $0.34229 where the traders can book partial profits.

Our bullish view will be invalidated if the bears sink the price below both moving averages.

EOS/USD. Though the bulls managed to propel EOS above the overhead resistance of $3.370 for the past two days, they have not been able to sustain above it.

As the price did not close above $3.370, our buy recommended in the previous analysis was not triggered.

Currently, the bulls are again attempting to hold the price above $3.370.

The trend will turn negative below $2.4001.BNB/USD. Binance Coin broke out and closed above the descending channel on Oct. 27, which triggered our buy suggested in an earlier analysis.

The BNB/USD pair will now start its journey towards the target objective of $32 and above it to $40. Our positive view will be invalidated if the price turns down and re-enters the channel.

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