Price Analysis 18/11: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX

Published on by Cointele | Published on

On the other hand, if the bears sink the price below $173.841, a retest of $161.056 to $151.829 support zone is likely.

As a result, XRP has resumed its journey towards the next support at $0.24508.

A break below $0.24508 will be a huge negative that can drag the price to the next support at $0.22.

BCH/USD. Bitcoin Cash has been trading below the 20-day EMA and the previous support turned resistance of $269.10 for the past two days.

Conversely, if the support at $241.85 breaks down, the pair might slip to the next support at $203.36.

Conversely, if the bears sink the price below the 50-day SMA, a drop to the $50 - $47.1851 support zone is possible.

Traders can retain the stop loss on the long positions at $47.EOS/USD. EOS has been trading close to the critical support at $3.37 for the past few days.

Though the price dipped below the support on Nov. 15, the bears could not capitalize on it.

If the altcoin bounces off this support, the bulls will again try to propel the price above the overhead resistance of $21.2378.

If the XLM/USD pair finds support close to the 50-day SMA, the bulls will again attempt to climb above the support turned resistance of $0.072545.

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