Price Analysis Feb 7: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, ADA, XTZ

Published on by Cointele | Published on

If the bulls can push the price above $10,360.

The sharp rally of the past three days carried the price above the overhead resistance at $223.999, which is a positive sign.

If the price can sustain above $223.999, a move to $235.70 is possible.

Conversely, if the bulls can push the price above the downtrend line, a rally to $0.31503 and above it to $0.34229 is possible.

The bears are currently defending this level but if the bulls can push the price and sustain above it, a move to $500 is possible.

If the price breaks out to the upside, $337.80 might offer some resistance above which, a retest of the lifetime highs is likely.

The bulls are currently attempting to sustain the price above the overhead resistance at $21.80.

If the bulls struggle to push the price above $23.5213, the traders might book partial profits.

If the momentum can carry the price above $23.5213, a rally to $27 is possible.

If the bulls can push the price above $0.065229, the ADA/USD pair can extend its rally to $0.08.

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