If the bulls push the price above the 50-day SMA, the ETH/USD pair is likely to rally to the $151.829 to $157.50 resistance zone.
Contrary to our assumption, if the bulls fail to sustain the price above $0.20041, the bears will once again attempt to sink the price below $0.18339.
If the bulls can push the price above $241.85, the next target is a move to $306.78.
If the bulls can scale the price above $50, a move to $60 is possible.
If the bulls can push the price above $2.8695, a rally to the downtrend line is likely.
The downtrend will resume if the bears sink the price below the support at $12.1111.BSV/USDThe bulls have propelled Bitcoin SV above the overhead resistance at $113.96.
If the price sustains above $113.96, a move to $140 is possible.
If the price closes above this level, it will trigger our buy recommended in the previous analysis.
If the price continues its move northwards and breaks above $0.051014, a rally to $0.06 and above it to $0.088 is likely.
Conversely, if the price fails to sustain above $0.047799, the XLM/USD pair might remain range-bound for a few more days.
Price Analysis Jan 06: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, XMR
Published on Jan 6, 2020
by Cointele | Published on Coinage
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