Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, April 09

26, after failing to break out of the resistance line of the descending channel.

If the bears break below the support, a fall to $6075.

ETH/USDThe bulls attempted to break out of the tight range but prices could not sustain the higher levels.

Now, the bears will attempt to break down of the range.

If successful, the ETH/USD pair will resume its journey towards its lower target objective of $300.Considering the strong downtrend, we shall wait for the cryptocurrency to break out of the descending channel before proposing any trades.

We shall wait for a confirmed break out and close above $0.56270 before recommending any trade.

XLM/USDStellar has held its first critical support level of $0.184 but it has turned down from the 20-day EMA. If price breaks down of the immediate support, it can decline to $0.16.If the XLM/USD pair breaks out of the 20-day EMA, it can rally to the resistance line of the descending channel.

If the bears break below $114.706, the LTC/USD pair can fall to $107.102, which is a February 02 low.

If the bulls fail to break out of the overhead resistance, we might see another attempt to break the $44 levels.

EOS/USDEOS tried to break out of the descending channel for the second time within five days but failed.