BTC, ETH, XRP, LTC, BCH, EOS, BNB, BSV, XLM, TRX: Price Analysis 07/06

If the bulls sustain the price above the 20-day EMA, a retest of the highs at $9,053.

The cryptocurrency is finding support closer to $360 but the bulls are struggling to sustain the price above the 20-day EMA. This shows a lack of demand at higher levels.

On the upside, the bulls are likely to face stiff resistance at the 20-day EMA and above it at $6.8299.If the EOS/USD pair plummets below the 50-day SMA, it can decline to the support line of the ascending channel.

On the other hand, if the bulls propel the price above $6.8299, a rally to the resistance line of the channel and above it to $8.6503 is possible.

BNB/USDBinance Coin broke down of the 20-day EMA on June 4 but the price did not drop to the 50-day SMA according to our expectation.

Currently, the price is above the 20-day EMA. If the bulls sustain this level, a rally to $36 is probable.

BSV/USDBitcoin SV plunged on June 6 but found support close to the 38.2% Fibonacci retracement level of the recent rally.

If the price sustains above the 20-day EMA, the bulls will try to push it to the resistance of the range at $0.14861760.

The price bounced off the support line of the channel on June 4 and 6.

The dip on June 6 might have hit the stops on the long positions if the traders had purchased on May 15.The bulls will now attempt to push the price back to the overhead resistance of $0.040.