Bitcoin, Ethereum, Ripple, Litecoin, EOS, Bitcoin Cash, Binance Coin, Stellar, Tron, Cardano: Price Analysis, March 18
William Suberg's original article for cointelegraph.com reduced by 44%
BTC/USDThough Bitcoin has been rising above the psychological resistance of $4,000 for the past three days, it has not been able to sustain it. If the price doesn't close above $4,000 soon, we anticipate a mild correction to the 20-day EMA and below it to the uptrend line. ETH/USDEthereum failed to sustain above $144.78 on March 16.
If the bulls succeed in pushing the price above the channel, we expect the pair to pick up momentum and start a new uptrend. LTC/USDLitecoin broke above the resistance line on March 16, but it is facing profit booking at higher levels. Above $163.89, it can rally to $175 and above it to $220.If the BCH/USD pair fails to scale above $163.89, it will again slide back to the 20-day EMA.
The trend will turn negative if the bears sink the price below $120.46, and traders can retain the stop loss on the long positions at $116. We shall watch for a couple of days and then recommend trailing the stops higher. ADA/USDCardano broke above the $0.036815 to $0.051468 range on March 16, but did not trigger our buy mark of $0.05650 suggested in the previous analysis.
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