Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, July 27

A break out of the triangle increases the probability of a breakout above $500. On the other hand, if the bears force a breakdown, the virtual currency can slide down to $404. The trendline of the symmetrical triangle has held since July 12 we anticipate a bounce from it again.

We shall wait for a break out of the range before proposing any trades on it.

BCH/USD Bitcoin Cash has failed to break out of the downtrend line for the past three days.

The first sign of a change in trend will be when the EOS/USD pair breaks out and closes above the range.

LTC/USD Litecoin has been consolidating in a tight range of $80 - $91 for the past ten days and in a broad range of $74.074 and $91.146 for more than a month.

The longer the price remains inside the range, the stronger will be the eventual breakout.

ADA/USD Cardano is struggling to break out of the overhead resistance at $0.181617.

Our bullish view will be invalidated if the bears break below the uptrend line and the 20-day EMA. The investors can raise the stops on the existing long positions to just below the 20-day EMA. IOTA/USD The bulls are losing steam on IOTA as it is making lower highs after each successive pullback from the critical support at $0.9150.

We are likely to witness a break out or a break down of this tight range.

If the bears break below the July 12 lows, the TRX/USD pair can plunge to $0.0228.