Bitcoin, Ripple, Ethereum, Stellar, EOS, Litecoin, Bitcoin Cash, Bitcoin SV, TRON, Cardano: Price Analysis, Dec. 17

If the bulls push prices above the 20-day EMA, the recovery can extend to $4,500 and above it to the $5,000 level.

If the bulls sustain above the 20-day EMA, a move to $136.12 is possible.

The bulls might face resistance at the 20-day EMA.On breaking out of the 20-day EMA, the EOS/USD pair can pull back to $3.0510 and $3.5147 - 38.2 percent and 50 percent of the retracement levels of the down move from $5.4793-$1.55.If the bears push prices down from the 20-day EMA, the virtual currency can remain range bound for a few days.

Aggressive traders can attempt long positions above the 20-day EMA, keeping a small stop.

The first level to watch on the upside is $115, above which a move to the 20-day EMA is possible.

Traders can wait for the price to close above $80.352 to go long with stops kept just below the Dec. 15 low.

Our bullish view will be invalidated if the price turns down from $80.352 or the 20-day EMA and plummets below $65.031.

The traders can wait for a close above the 20-day EMA and initiate long positions, keeping the recent lows as a stop.

We are asking to wait for the close because on Nov. 29, the price rose above the moving average but could not close above it.

Short-term traders can wait for the price to sustain above the 20-day EMA to trade on the long side.