Price Analysis 22/11: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX
Rakesh Upadhyay's original article for cointelegraph.com reduced by 72%
If the bears can sink the price below the support line, a drop to $5,533. ETH/USD. The selling pressure intensified in Ether after it broke below the support at $173.841.
We expect the recovery attempt to hit a wall at the previous support turned resistance zone of $151.829 to $161.056.XRP/USD. XRP has declined close to the critical support at $0.22. LTC/USD.
Litecoin broke below the $50 to $47.1851 support zone today, which triggered our recommended stop loss on the long positions. This attracted further selling, which plunged the price to the critical support at $14.2555, thus triggering our suggested stop loss on the long positions. The bears have pushed the price below the critical support at $107.
There is a minor support at $92.693 below which a decline to $78.506 is possible. The price had bounced off the support at $0.056 on two previous occasions we anticipate the bulls to defend this support once again.
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CN [too long; didn’t read]
Summarised crypto news.