Price Analysis 20/11: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX
Rakesh Upadhyay's original article for cointelegraph.com reduced by 70%
The fall has dragged the price to $8,000, which is psychological support. BCH/USDBitcoin Cash plunged below the 50-day SMA on Nov. 18 and is currently threatening to break below the critical support at $241.85.
LTC/USDThe tight consolidation in Litecoin resolved to the downside on Nov. 18, with a break below the 50-day SMA. The next support on the downside is $50 and below it $47.1851.
Unless the price quickly rebounds off the current levels, EOS could slip below the support at $2.9980. The price has plunged below both the moving averages and is currently challenging the support at $18.30. Traders can retain the stop loss on the long positions at $16.BSV/USDBitcoin SV broke below the descending channel on Nov.
19 and is currently threatening to break below the critical support at $107. If this level cracks, the next support is at $92.693.BSV USD daily chart. The TRX/USD pair can now dip to the support line of the descending channel, which is close to the horizontal support at $0.0157773.
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CN [too long; didn’t read]
Summarised crypto news.