If the bulls push the price above the 50-day SMA, the ETH/USD pair is likely to rally to the $151.829 to $157.50 resistance zone.
Contrary to our assumption, if the bulls fail to sustain the price above $0.20041, the bears will once again attempt to sink the price below $0.18339.
If the bulls can push the price above $241.85, the next target is a move to $306.78.
If the bulls can scale the price above $50, a move to $60 is possible.
If the bulls can push the price above $2.8695, a rally to the downtrend line is likely.
The downtrend will resume if the bears sink the price below the support at $12.1111.BSV/USDThe bulls have propelled Bitcoin SV above the overhead resistance at $113.96.
If the price sustains above $113.96, a move to $140 is possible.
If the price closes above this level, it will trigger our buy recommended in the previous analysis.
If the price continues its move northwards and breaks above $0.051014, a rally to $0.06 and above it to $0.088 is likely.
Conversely, if the price fails to sustain above $0.047799, the XLM/USD pair might remain range-bound for a few more days.
Price Analysis Jan 06: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, XMR
gepubliceerd op Jan 6, 2020
by Cointele | gepubliceerd op Coinage
Vermeld in dit artikel
'Crucial' for Central Banks to Consider Digital Currencies: Bank of England Exec
The Bank of England's chief cashier, Sarah John, said it is "Crucial" central banks research digital currencies so they can strike a balance with private issuers.
Blockchain Can Help UK Savers Recover $48B in Unclaimed Pensions, Says R3
Distributed ledger tech provider R3 says it's providing pension firms with the technology to build new blockchain-based identity solutions that could help savers reclaim some of the $48 billion in lost U.K. pension pots.
How to Protect Bitcoin for Your Heirs With the Push of a 'Dead Man's Button'
If a "Dead man's button" isn't pressed one week, it is assumed the user is dead and the service automatically dispenses a "Secret," which heirs can use to retrieve the crypto.
SEC to Decide the Fate of Another Bitcoin ETF Proposal This Week
The SEC will have to approve or reject Wilshire Phoenix's bitcoin and U.S. Treasury ETF by Wednesday.