Bitcoin, Ripple, Ethereum, Stellar, Bitcoin Cash, Bitcoin SV, EOS, Litecoin, TRON, Cardano: Price Analysis, Dec. 7

As Bitcoin SV, which has recently hard forked off from Bitcoin Cash, has a few days of trading behind it, we shall introduce it in our analysis from today onward.

26 did not offer any support, which demonstrates a lack of buying at the current levels.

Still, we want to see evidence of strong buying at some support before initiating fresh long positions.

Currently, the price is at the support line of the descending channel, which is likely to hold.

A bounce from the current level will face resistance at $0.33108, and above that at the 20-day EMA. Conversely, if the bears break below the support, a retest of $0.24508 is probable.

If the bears maintain their selling pressure, the ETH/USD pair can drop to the next support at $66. The selling has been so intense that the RSI could not even rise above the oversold zone, from the deeply oversold levels.

Currently, the bears are trying to sustain below the psychological support of $100, while the bulls want to maintain the price in triple digits.

If the bears succeed in holding the BCH/USD pair below $100, the next support on the downside is $91.78.

The fall has been so severe that the support level of $2 could not even hold for a day.

LTC/USDThe bears have broken down of another critical support at $28. Litecoin can now slide to $20, where we expect buying to emerge.