Price Analysis 29/11: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX
Rakesh Upadhyay's original article for cointelegraph.com reduced by 59%
XRP/USD. XRP has managed to stay above the first overhead resistance at $0.22, which indicates some buying by the aggressive bulls. If the price turns down from the 20-day EMA but finds support at $0.22, it will indicate bottom fishing by the long-term players.
If the price turns down from the current levels and plummets below the recent low of $42.0599, the LTC/USD pair can decline to $36.EOS/USD. EOS is attempting to pullback to the 20-day EMA, which is flattening out. If the price turns down from the 20-day EMA, the bears will attempt to sink it below the support at $2.4001.EOS USD daily chart.
Conversely, if the bulls can push the price above $16.50, the BNB/USD pair can move up to the 20-day EMA, which is likely to act as a stiff resistance. Though the bulls pushed the price above the 20-day EMA today, they have not been able to sustain it. TRX/USD.
Tron is facing selling close to the 20-day EMA but the positive thing is that the price has not turned down sharply from this resistance.
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CN [too long; didn’t read]
Summarised crypto news.