Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 15
Rakesh Upadhyay's original article for cointelegraph.com reduced by 60%
Traders can protect their remaining long positions with the stop at $150.XRP/USDRipple has held the support at 50-day SMA but is facing resistance at the 20-day EMA. The resistance line of the descending channel is also just above the 20-day EMA. If the bulls scale this resistance, the digital currency can move up to $0.37835.
If the bulls fail to push the price above the overhead resistance of $91 within the next few days, the bears will again try to sink it below the 20-day EMA.If the LTC/USD pair breaks down of the 20-day EMA, it can decline to $62.450. On the upside, the bulls will face resistance at $6.0726 and above it at the resistance line. BNB/USDBinance Coin has risen above the downtrend line and is on its way to the overhead resistance of $22.
The pullback from the April 11 low indicates strength. Our bullish view will be negated if the BNB/USD pair turns around from one of the overhead resistances and slips below $15.50.XLM/USDStellar is facing resistance at the 20-day EMA for the past three days. If the bulls push the price above the 20-day EMA, the XLM/USD pair can move up to the downtrend line.
The pair will signal a trend change if the price sustains above the overhead resistance at $0.14861760.
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CN [too long; didn’t read]
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