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
Coinage
Mentioned in this article
Recent News
View All
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.