BTC, ETH, XRP, LTC, BCH, EOS, BNB, BSV, XLM, ADA: Price Analysis 19/06

Though the price rose above $280 on June 16 and 17, the bulls could not sustain it.

If successful, the ETH/USD pair can rally to $322.06 and above it to $335. We anticipate this zone to offer a stiff resistance.

If the price stays above the 20-day EMA, we expect the bulls to make another attempt to break out of the triangle.

If the LTC/USD pair breaks out and closes above $143.3047, it can rally to $158.91 and above it to $184.7949.

Traders can continue to trail the stops on the remaining long position below 20-day EMA. As the price moves up, we might suggest to tighten the stops further.

Currently, the bulls are attempting to hold the price above the 20-day EMA. If it can move above $7.2691, a rally to the resistance line of the channel is probable.

If the bulls can push the price above $237.390, a move to $254 is likely.

Conversely, if the bulls scale above the downtrend line of the triangle, it will invalidate the bearish setup and can carry the XLM/USD pair to $0.14861760.

The inverse head and shoulders pattern will complete on a breakout and close above $0.14861760, which has a target objective of $0.22466773.

Traders can look to initiate long positions on the ADA/USD pair as recommended in an earlier analysis.