Unless the price quickly bounces off the current levels, the bears will resume their efforts to sink the price below $7,000.
Unless the bulls quickly carry the price above 0.20041, the bears might resume their selling and sink the price to the recent low of $0.17468.
The bulls are now attempting to propel the price above the resistance line of the descending channel.
If the bulls can push the price above the overhead resistance at $42.0599, it will signal strength.
If the bulls again fail to sustain the price above $2.5804, it will indicate a lack of buyers at higher levels.
If the bulls propel the price above $14 to $14.50 resistance zone, a rally to $16.50 is likely.
Traders can buy if the price sustains above $14.50 for four hours.
A breakout above $92.693 is likely to attract buying that can push the price to $113.96.
Contrary to our assumption, if the bulls fail to push the price above the range, the bears will try to sink the BSV/USD pair below $78.506.
Conversely, if the bulls can push the price above $0.047799, the XLM/USD pair can move up to $0.051014.
Price Analysis Dec 27: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XTZ, XLM
gepubliceerd op Dec 27, 2019
by Cointele | gepubliceerd op Coinage
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