Of last year, the bulls had failed to push the price above $11,000.
The stops can be trailed higher after the price sustains above $10,360.
Our bullish view will be invalidated if the ETH/USD pair turns down from the current levels and sustains below the breakout level of $235.70.
The traders can trail the stop-loss on the remaining long positions to $210.XRP/USDAfter a few days of consolidation, the bulls have pushed the price above the long-term downtrend line.
If the bulls can push the price above this resistance, it will be a huge positive.
If the price rebounds off $4.8719, the bulls will attempt to resume the up move.
Above $6, the next level to watch out for is $7.60.However, if the bears sink the price below $4.8719, the correction can extend to the next support at $4.24.
If the price bounces off this zone, the bulls will again attempt to carry the price to $29 and above it to $32.Our bullish view will be invalidated if the bears sink the price below the support zone.
Traders can keep the stop loss on the entire long position at $21.XTZ/USDThe momentum in Tezos has carried the price above $3.35, which was the target objective of the breakout from the ascending triangle.
ADA/USDThe bulls have pushed the price above the overhead resistance at $0.065229.
Price Analysis Feb 12: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, ADA
Published on Feb 12, 2020
by Cointele | Published on Coinage
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