BTC/USDBitcoin broke below the uptrend line on May 24.
Conversely, if the bears sink the ETH/USD pair below the uptrend line, a drop to $176.112 is possible.
Conversely, if the price turns down from the downtrend line and plummets below $0.17372, a drop to $0.14 is possible.
BCH/USDBitcoin Cash turned down from the moving averages on May 24 and dipped below the immediate support of $230. However, the bulls managed to keep the price above the next support at $217.55.
If the 8th-ranked crypto-asset on CoinMarketCap turns down from the current levels or from the downtrend line and breaks below the 50-day SMA, it could drop to $14.9586 and below it to $13.65.
EOS/USDEOS has been trading below the moving averages for the past few days, which is a negative sign.
The bears will now try to sink the price below the critical support at $2.3314.EOS-USD daily chart.
In the past few days, the bears have repeatedly broken below the support line of the ascending channel.
If the bears can sink the 10th-ranked cryptocurrency on CoinMarketCap below $2.5795, a drop to the 50-day SMA and below it to $2.24 is possible.
A break below the critical support of $0.0427288 will signal the start of a downtrend.
Price Analysis 5/25: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, ADA
gepubliceerd op May 25, 2020
by Cointele | gepubliceerd op Coinage
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