If the bulls can push the price above the 200-day SMA and $9,200 resistance zone, a rally to $10,360.
The pair will turn negative if the bears sink the price below the 20-day EMA and $7,856.
Contrary to our assumption, if the bears sink the price below the 20-day EMA, there is minor support at $151.829.
The bulls are currently attempting to push the price back above the neckline.
The XRP/USD pair will pick up momentum on a break above the 200-day SMA. Conversely, if the price fails to sustain above the neckline, a drop to $0.20041 is possible.
If the bulls fail to push the price above $66.1486, the LTC/USD pair might remain range-bound for a few days.
The pair will turn negative on a break below $50. We will wait for the price to sustain above the 20-day EMA before recommending a trade in it.
Conversely, if the bears sink the price below the moving averages, the EOS/USD pair can dip to $3. We will wait for a new buy setup to form before proposing a trade in it once again.
If the altcoin bounces off the 20-day EMA, the bulls will attempt to push the price above the 200-day SMA.XLM USD daily chart.
If the buyers can push the price above $0.0461161, the ADA/USD pair is likely to pick up momentum and rally to $0.0560221.
Price Analysis Jan 24: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XLM, ADA
Published on Jan 24, 2020
by Cointele | Published on Coinage
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