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

에 게시 됨 by Cointele | 에 게시 됨

BTC/USDBitcoin held the 20-day EMA support on July 03, which is a bullish sign.

ETH/USDEthereum turned down from the 20-day EMA on July 03 but the bears could not push it below $450 levels.

BCH/USDBitcoin Cash did not close above the 20-day EMA on July 03 our buy call proposed in the previous analysis has not triggered.

A break below $736 will increase the probability of a retest of the June 29 lows of $657.8.EOS/USDThe bulls are trying to hold the $8.484 level on EOS, whereas, the bears are trying to defend the 20-day EMA. Even if the bulls succeed in scaling above the 20-day EMA, they will face another round of selling at the downtrend line.

LTC/USDLitecoin is facing resistance at the 20-day EMA. A break out of this level will result in a rally to $102 where the bulls will face a stiff resistance.

ADA/USDCardano broke above the 20-day EMA on July 02 but could not build on it.

If the bulls sustain above the 20-day EMA for a couple of days, a rally to $0.23 is possible with a minor resistance at $0.181617.

XLM/USDThe pullback on Stellar has hit a roadblock at the 20-day EMA. The bears will now try to push it down to the $0.184 levels while the bulls will try to stay above the 20-day EMA.If the bulls break out and sustain above the 20-day EMA, a move to $0.31 will be on the cards with a minor resistance at $0.245.However, the buy setup is not reliable.

TRX/USDThe 20-day EMA continues to act as a critical resistance for Tron.

Even if the TRX/USD pair breaks out above the 20-day EMA, it might again face selling at the downtrend line and the $0.52 mark.

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