Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 24
Rakesh Upadhyay's original article for cointelegraph.com reduced by 48%
XRP/USD. Ripple is attempting to bounce off the 20-day EMA. A strong rebound from the current levels can carry it to the overhead resistance of $0.45.
The bulls are presently attempting to push the price towards the overhead resistance of $450. Both the moving averages are sloping up and the RSI is in the positive zone. We anticipate a stiff resistance between $450 and the resistance line of the ascending channel.
A turnaround from the resistance is likely to find support at the 20-day EMA. The EOS/USD pair will weaken if it breaks below the moving averages. We might suggest long positions if the pair breaks out and sustains above $6.8299.LTC/USD.
Litecoin has broken out of the overhead resistance of $91 with force. Our bullish view will be invalidated if the pair reverses direction from the resistance line and plummets below the moving averages. TRX/USD.
Tron has held the support at the moving averages and is attempting to rise back above the overhead resistance of $0.02815521.
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CN [too long; didn’t read]
Summarised crypto news.