Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 29

Published on by Cointele | Published on

The ETH/USD pair will now attempt to scale above the overhead resistance of $290.92.

A breakout of the overhead resistance zone can propel the XRP/USD pair to $0.60.

If the bulls fail to scale above the resistance zone, the pair might remain range-bound between $0.35660 and $0.45 for a few days.

Traders can trail the stop loss on the long positions to $0.35.BCH/USDBitcoin Cash continues to trade above the 20-day EMA and below the resistance line of the ascending channel.

Our bullish view will be invalidated if the pair turns down from the overhead resistance and breaks down of the 20-day EMA. In such a case, it can drop to the 50-day SMA.LTC/USDLitecoin is in an uptrend.

If the LTC/USD pair rises above the $121.9018-$127.6180 resistance zone, it can move up to its target objective of $158.91.

If the pair turns down from the overhead resistance, it can dip towards the 20-day EMA, which is likely to provide support.

If the bulls fail to scale the overhead resistance, the XLM/USD pair might consolidate between $0.11507853 and $0.147620 for the next few days.

ADA/USD. Cardano has been trading close to the overhead resistance of $0.094256 for the past three days.

If the bulls fail to breakout of the overhead resistance, the ADA/USD pair might remain range bound between $0.0731 and $0.094256 for a few days.

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