ETH/USDThe bears are attempting to stall the relief rally at the 20-day EMA. If the price turns down and breaks below $337, Ether could drop to $308.392.ETH/USD daily chart.
When the price fails to rise above the 20-day EMA in a down move, it suggests that the sentiment is negative and the bears are selling on rallies.
24 intraday low of $0.219712 has hit a wall at the 20-day EMA. The failure of the bulls to push XRP above the 20-day EMA suggests that the bears may be shorting at this resistance.
If the altcoin does not give up much ground, the bulls will make one more attempt to push the price above $29.0886.BNB/USD daily chart.
The bears will try to pull down the price but the bulls are likely to buy the next dip to the 20-day EMA aggressively as the trend is up.
The failure to sustain the price above the 20-day EMA will be the first sign of weakness.
DOT/USDThe failure of the bulls to push the price above the 20-day EMA suggests weakness.
If the pair again rebounds off $4 or turns up from the current levels, the bears will attempt to push the price above the 20-day EMA. If they can accomplish that, the pair may move up to $4.921 and then to $5.5899.LINK/USDThe failure of the bulls to sustain the price above the 20-day EMA could have prompted profit booking from the short-term traders.
28 but the bulls did not allow the price to dip below the 20-day EMA. The buyers have today pushed the price above the downtrend line and are attempting to scale it above the 50-day SMA.BSV/USD daily chart.
If the ADA/USD pair rebounds off the 20-day EMA, the bulls will once again attempt to push the price above the downtrend line.
Price analysis 9/30: BTC, ETH, XRP, BCH, BNB, DOT, LINK, BSV, CRO, ADA
Publicado en Sep 30, 2020
by Cointele | Publicado en Coinage
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