We anticipate a change in trend after the bulls breakout and close the price above $7,856.
XRP/USDThe failure of the bulls to push XRP above $0.20041 has attracted profit booking.
The bears are attempting to sink the price below the immediate support at $183.40.
If the bulls can sustain the price above $2.5804, a rally to $2.8695 is likely.
If the bulls can keep the price above $12.9624 it will indicate strength and increase the possibility of a break above $14.2555.
BSV/USDThough Bitcoin SV scaled above the downtrend line, the bulls could not build on the strength and push the price above the overhead resistance at $92.693.
A break below this range can sink the BSV/USD pair to $66.666.Conversely, if the bulls can propel the price above $92.693, a move to $113.96 is possible.
If the bears sink the price below $0.01124, it will be a huge negative.
If the TRX/USD pair turns around from the current level, the bulls will again attempt to push the price above the descending channel pattern.
A breakout of $0.0163957 will indicate a probable change in trend that can carry the price to $0.020 and above $0.02340.
Price Analysis Dec 25: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XTZ, TRX
gepubliceerd op Dec 25, 2019
by Cointele | gepubliceerd op Coinage
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