Bitcoin has plummeted below the support of $5,450 with ease.
If the bulls fail to provide support at the important psychological level of $5000, the fall can extend to $4700 and below that to $4100.
ETH/USDEthereum is taking it on the chin, seeing a new yearly low by breaking below the intraday low of $167.32 made on Sept. 12.If the price closes below $167.32, it will resume the downtrend that can drag the ETH/USD pair to the next support of $136 and $110. The declining 20-day EMA and the RSI in the oversold territory show that the path of least resistance is to the downside.
If the price closes below the support line, the drop can extend to $0.21494424 and below that to $0.20400799.
The XLM/USD pair will resume its downtrend if the bears sink it below the critical support at $0.184.
EOS/USDAfter struggling to stay above $4.493, EOS plunged below the support and also broke below the next level of $4.1778.
The final support is at $3.8723, below which the digital currency will form a new year-to-date low.
Below $3.8723, the next support is at $3. The EOS/USD pair will show its first signs of strength if it breaks out of the moving averages and the downtrend line.
ADA/USDAfter holding $0.060105 for the past five days, Cardano broke down of the support, making new lows.
Today, Monero nosedived below the support at $81. If the bears succeed in closing the price below the support, it will be the lowest in more than a year.
Bitcoin, Ripple, Ethereum, Stellar, EOS, Litecoin, Cardano, Monero, TRON, IOTA: Price Analysis, Nov. 19
Published on Nov 19, 2018
by Cointele | Published on Coinage
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