We expect another attempt by the buyers to push the price above the 20-day EMA and the overhead resistance of $7,856.
On the upside, if the bulls can push the price above $151.829, the next level to watch is $157.50.
We will wait for the price to sustain above $50 before proposing a trade in it.
EOS/USDThe failure of the bulls to propel EOS above the 20-day EMA has attracted selling by the bears.
Conversely, if the bulls buy the dip and propel the EOS/USD pair above the overhead resistance at $2.8695, a rally to the downtrend line at $3.43 and above it to $3.69 is likely.
The short-term traders can piggyback on this possible up move after the price sustains above $2.8695 for four hours.
We will wait for the price to sustain above $16.50 before recommending a trade in it.
We will turn positive after the price scales and sustains above the 50-day SMA at $117.3.XLM/USDStellar has been trading close to the overhead resistance at $0.056 for the past six days.
If the bulls succeed in propelling the price above $0.056, a move to $0.06 will be on the cards.
If the bulls fail to push the price above $1.85, the price might remain range-bound for a few more days.
Price Analysis 09/12: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, XTZ
Udgivet den Dec 9, 2019
by Cointele | Udgivet den Coinage
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