Price Analysis 20/11: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX

Publicado en by Cointele | Publicado en

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.

The pair will pick up momentum on a breakout of $66.1486.EOS/USDThe bulls have held the support at $2.9980 for the past two days but have failed to achieve a strong bounce off it.

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.

If the bulls defend the support at $18.30, the BNB/USD pair might consolidate between $18.30 and $21.2378 for a few more days.

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.

XLM/USDStellar is looking weak as the bulls have failed to defend the 50-day SMA. There is minor support at $0.062122 below which a drop to $0.0560 is possible.

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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