Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRX: Price Analysis, June 29

Publicado en by Cointele | Publicado en

Now Bitcoin is trying to rise above $6,000 levels once again.

ETH/USDEthereum continues to gradually slide towards its next support level at $358. The pullback attempt on June 27 hit a roadblock at the previous support of $450, which will now act as a resistance.

We anticipate a strong defense of the critical support level at $358. The ETH/USD pair will gain strength above the downtrend line.

XRP/USDAfter the momentary respite on June 27, Ripple broke down of the critical support at $0.45351 on June 28.

BCH/USDBitcoin Cash is sliding towards its next support at $620 where some buying should emerge.

Any break of this level will extend the fall of EOS to the next support at $5.9610.Though both moving averages are falling and the cryptocurrency has failed to sustain above the 78.6 percent retracement level of the recent rally, we remain upbeat on it because it has still not broken below its April lows.

LTC/USDThe attempt to pull back on June 27 did not find buyers at higher levels and Litecoin failed to reach even the downtrend line.

The bears, on the other hand, have broken below $75 today and can now extend the fall to the next support level at $67.On the upside, the bulls will face a stiff resistance at the downtrend line, the 20-day EMA and at $107.102.

Stellar can now decline towards its next support level at $0.138.The first sign of a change in trend will be when the XLM/USD pair scales above the downtrend line and the 20-day EMA.We might suggest long positions if we see the cryptocurrency sustain above the 20-day EMA. Until then, the traders should remain on the sidelines.

If the bears break the level of $0.9150 and sustain below it, the IOTA/USD pair can decline to its next support at $0.7874.

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