BTC, ETH, XRP, LTC, BCH, EOS, BNB, BSV, XLM, ADA: Price Analysis 12/06

Published on by Cointele | Published on

If the price maintains above $8,120, the bulls will try to push it to $9,053.

The ETH/USD pair has broken out of the 20-day EMA. It will now try to move up to $261.59 and above it to $280. A breakout and close above $280 might propel it to $322.06 and above it to $335.However, if the pair fails to break out of $280, the bears will try to sink it back to $225.39.

Presently, the bulls are trying to push the XRP/USD pair above the 20-day EMA. If successful, a move to $0.43196 and above it to the resistance line of the triangle is possible.

A breakout and close above the 20-day EMA can carry the price to $451 and above it to the resistance line of the ascending channel.

If volatility expands to the upside and the EOS/USD pair climbs above the 20-day EMA and $6.8299, it can move up to the resistance line of the channel and above it to $8.6503.

If the bulls can push the price above the resistance line, a rally to $46.1645899 is possible.

The digital currency will pick up momentum after it sustains above $254.XLM/USDStellar is facing stiff resistance at the 20-day EMA. If the bulls fail to sustain the price above the 20-day EMA, the bears will try to sink it below the strong support of $0.11507853.

If the XLM/USD pair breaks down of $0.11507853, it can correct to $0.08558676, but if the bulls succeed in pushing the pair above the 20-day EMA, it can rally to $0.14861760.

We will wait for the price to sustain above $0.14861760 before proposing a trade in it.

We will wait for the price to break out and close above $0.10 before suggesting a long position in it.

x