If the bears can sink the price below $8,400, a drop to the next support at $7,856.
Such a move will be a huge negative as it will carry the price further below the 200-day SMA. However, if the bulls can push the price above the 20-day EMA at $9,153, it will indicate strength.
If the price sustains above the 20-day EMA, the pair can move up to $10,000 and above it to $10,500.
If the bears can sustain the price below $0.22250, a drop to $0.20 and below it to $0.17468 is possible.
Conversely, if the BCH/USD pair again bounces off the support at $306.78, the bulls will make another attempt to carry the price above $360. If successful, a rally to $400 and above it to $500 is possible.
Conversely, if the pair bounces off the current levels or from $204.310 the bulls will make another attempt to propel the price above the 20-day EMA. If successful, a move to $301.43 and above it to $337.80 is possible.
We will turn positive on a close above the 20-day EMA.LTC/USD. Though Litecoin has been trading above the 200-day SMA for the past two days, the bulls have not been able to push it to $66.1486.
If the bulls can push the price above the overhead resistance at $66.1486, the pair can move up to $80.2731.
A break below the 200-day SMA will be a huge negative, which can drag the price to $3 and below it to $2.4001.
If the bulls can drive the price above the 20-day EMA at $20.64, a move to the $21.80-$23.5213 resistance zone is likely.
Price Analysis Mar 4: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK
에 게시 됨 Mar 4, 2020
by Cointele | 에 게시 됨 Coinage
Another mainstream company is seeking approval to invest in crypto
Anthony Scaramucci's investment firm, SkyBridge, seeks approval from the SEC to invest in crypto.
COVID-19 popularized decentralization, but blockchain may not catch on
On Nov. 9, drugmaker Pfizer announced that its COVID-19 vaccine is 90-plus percent effective, and even though it may be premature to proclaim the pandemic's end - as the virus continues to rage in the United States and Europe - once can at least speculate: Where will blockchain adoption stand when the crisis abates?
Bitcoin hits new 2020 high at $16.7K -Traders expect bigger breakout
The price of Bitcoin hit a new yearly high at $16,717 on Binance.
The next big crypto market could be fantasy sports, says Messari
As "Digitally native" ecosystems like esports continue to synergize with blockchain technology, industries like fantasy sports could be primed for mass adoption, says digital research firm Messari.