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31 March 2020

Price Analysis Jan 10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XMR, TRX

Price Analysis Jan 10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XMR, TRX


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This shows that the ECB might be close on the heels of China in terms of launching a CBDC, which is a huge positive.

If the bulls can push the price above $8,452.84, it will signal the possible start of a new uptrend.

The 20-day EMA is sloping up gradually and the RSI is in the positive zone, which suggests that bulls have the upper hand.

Our bullish view will be invalidated if the bulls fail to scale and sustain the BTC/USD pair above $8,452.84.

The moving averages are on the verge of a bullish crossover and the RSI is in the positive zone, which suggests that bulls have the upper hand.

Our bullish view will be invalidated if the price turns around and sinks below the moving averages and $131.484.

If the XRP/USD pair rises above the 50-day SMA, the bulls will attempt to carry the price to $0.2326.

Above this level, a rally to $0.31503 will be on the cards.

The 20-day EMA is sloping up and the RSI is close to the overbought zone, which suggests that bulls are in command.

The moving averages are on the verge of a bullish crossover and the RSI is in the positive zone, which suggests that the bulls are in command.

If the bulls can scale the price above $50, a move to $60 and above it to $66 will be on the cards.

However, if the bulls fail to push the price above $50, the LTC/USD pair might remain range-bound for a few days.

The bulls are attempting to push the price above the overhead resistance at $2.8695.

The 20-day EMA is sloping up and the RSI is in the overbought zone, which shows that bulls are in command.

If the bulls can push the price above $60.2991, a move to $67.02 is likely.

The upsloping 20-day EMA and the RSI close to the overbought zone suggests that bulls are in command.

Our bullish view will be invalidated if the price turns down from the current level and plummets below $55.

The moving averages are on the verge of a bullish crossover and the RSI is in the positive territory, which indicates that the bulls are in command.

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