Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA: Price Analysis, June 04

Conversely, if the digital currency breaks below $492.5, it can again decline to the support line of the channel, close to $464. We didn't find any buy setups at the current levels.

A break below the $0.54 level can extend the fall to $0.45.The first sign of strength will be when the XRP/USD pair breaks out of the $0.83 levels.

BCH/USDWe were expecting Bitcoin Cash to trade in a small range but we were proven wrong as it rallied for the past two days and came close to the 50-day SMA.The BCH/USD pair is turning down from just above $1,200 levels.

If either of the supports hold, the bulls will again attempt to break out of the 50-day SMA and rally to $1,400 levels.

The EOS/USD pair is witnessing profit taking at higher levels and is likely to retest the breakout levels at $12.9870.

If the level holds, the bulls will try to resume the up move towards $18.67 levels once again but if the support breaks, the digital currency will re-enter the range and can slump back to $10.3384 levels.

If the level holds, the bulls will again attempt to break out of the overhead resistance.

The negative setup will be invalidated if the bulls break out of $160.ADA/USDFor the past two days, Cardano broke above the $0.23 levels on an intraday basis but could not close above it.

IOTA/USDIOTA broke out of the 50-day SMA on June 03 but could not sustain the higher levels.

If the bulls successfully defend the $1.63 levels for a couple of days, the traders can consider it as a buying opportunity with the stops below the $1.3 levels.