XRP/USDRipple broke below the support of $0.37185 on Nov. 25, but buying at lower levels helped it recover most of the intraday losses.
If successful, the XRP/USD pair can decline to the support line of the channel, which will act as a strong support.
On Nov. 25, the bears easily broke below the support of $110. The ETH/USD pair found some support at $102.96 but the pullback has been weak.
A breakdown of the Nov. 25 lows will resume the downtrend and push the XLM/USD pair to the next support at $0.08.
The immediate support is at $3. If the EOS/USD pair bounces off this support, it will face a minor resistance at the downtrend line, above which $3.8723 will act as a major resistance.
If the bears plummet prices below $3, the next support is at $2.40.
Below $28, the next support is at $20, but considering the oversold readings on the RSI, we anticipate a pullback within the next few days.
The RSI is in deep oversold levels that can result in a pullback that will face resistance in the zone of $0.50 and the 20-day EMA. We shall wait for a confirmed bottom to form and the chart pattern to signal a reversal before suggesting a trade on the ADA/USD.XMR/USDMonero broke below the support of $60 and slipped to $54.081 on Nov. 25.
If the bulls hold the support of $54.081 and begin a recovery, the XMR/USD pair can rise to $71 and above that to $81. We expect a strong resistance at $81. Due to the oversold readings on the RSI, we anticipate a recovery within the next few days.
TRX/USDTRON broke down of the support at $0.0122194 and dipped to an intraday low of $0.01089965 on Nov. 25.
Bitcoin, Ripple, Ethereum, Bitcoin Cash, Stellar, EOS, Litecoin, Cardano, Monero, TRON: Price Analysis, Nov. 26
Published on Nov 26, 2018
by Cointele | Published on Coinage
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