Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 22
Rakesh Upadhyay's original article for cointelegraph.com reduced by 56%
Conversely, if the XRP/USD pair rebounds off the 20-day EMA, it can rise to $0.45 and if this level is crossed, a new uptrend is likely. A breakout of this level can push the price to $9.00.Conversely, if the bears sink the EOS/USD pair below $5.78, a drop to the 50-day SMA is likely. If the price bounces off $84.3439, it will again try to move up to $107.
Above this level, the next target is $158.91.On the other hand, if the LTC/USD pair fails to break out of the overhead resistance, it might remain range bound for a few days. BNB/USDThough Binance Coin did not breakout of the resistance line on May 21, it has not given up much ground. If the pair reverses direction from the current levels, it can dip to the 20-day EMA, which should provide support.
Conversely, if the ADA/USD pair bounces off the moving averages, the bulls will again try to break out of the overhead resistance at $0.094256. TRX/USDTron has been consistently rising above $0.02815521 for the past three days but is struggling to hold on to higher levels.
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CN [too long; didn’t read]
Summarised crypto news.