Price Analysis Dec 20: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XTZ, XLM

gepubliceerd op by Cointele | gepubliceerd op

The failure of the buyers to sustain the price above the 20-day EMA indicates a lack of demand at higher levels.

Conversely, if the bulls can sustain the price above $131.484, a rally to the 20-day EMA at about $141 is possible.

If the price turns down from the 20-day EMA but stays above $117.09, the ETH/USD pair will remain range-bound for a few days.

The bulls are currently attempting to hold the price above $0.18 levels.

Conversely, if the bulls fail to push the price above $0.20041 once again, the bears will try to sink the price below $0.17468.

If the bulls can push the price above $192.52, a move to $203.36 is possible.

If the price can sustain above $192.52, it will signal that the BCH/USD pair might have bottomed out at $169.62.

We will wait for the price to sustain above $14.2555 before turning positive.

If the price sustains above $94, it could offer a buying opportunity.

The first sign of strength will be after the bulls scale and sustain the price above $0.051014.