Its dominance rate, which had risen above 69% on Jan. 8, dipped below 66% on Jan 15.
ETH/USDEther skyrocketed on Jan. 14 and easily scaled above the $151.829 to $157.60 overhead resistance zone.
If the price scales above $173.841, a move to $197.75 is possible.
Traders can book partial profits closer to $170 and trail the stops on rest of the long positions at $150. Our bullish view will be invalidated if the bears sink the price below $151.829.XRP/USDThe rally on Jan. 14 has carried XRP above the overhead resistance at $0.2326.
BCH/USDAfter consolidating for three days, Bitcoin Cash surged on Jan. 14 and scaled above the overhead resistance at $306.78.
If the bulls can sustain the price above $60, a rally to $66.1486 is possible.
Traders can trail the stop loss on the remaining long positions to $3.4.However, if the correction from the current levels sustains below $3.5, the EOS/USD pair can retest the breakout level of close to $3.0.BNB/USDBinance Coin closed above the overhead resistance at $16.50 on Jan. 14 and extended its gains today, which is a positive sign.
The traders can trail the stop-loss on the long position to $15.90.Our bullish view will be negated if the BNB/USD pair turns down from the current levels and sustains below $16.TRX/USDTron broke above the horizontal resistance at $0.0163957 on Jan. 14 and has extended its gains today.
The bulls have not been able to sustain the price above $67.02, which shows that sellers are active at higher levels.
We will wait for the price to sustain above $67.02 before recommending a trade in it.
Price Analysis Jan 15: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, TRX, XMR
Published on Jan 15, 2020
by Cointele | Published on Coinage
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